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Posts in Economic Development.

COTA to buy downtown Columbus Greyhound bus terminal for $9.5M, create mixed-use development

 

White Castle plans $27M Dayton-area expansion, 30 new jobs

Downtown Columbus “will bounce back” from pandemic, CDDC leaders say

Pataskala approves CRA, TIF for large-scale facility

Sandusky approves TIF for $8.8M Hogrefe Building project

New Ohio Economic Dashboard tracks statewide economic indicators

Newark Arcade’s $15M restoration granted $1.1M in state historic tax credits

New $313.9M Crew stadium opened doors for women- and minority-owned businesses

Centerville considers TIF for $2M development

For many observers tracking the state budget bill, the General Assembly’s change in the name of the state’s development agency – reverting back to the Ohio Department of Development – was breathtaking in and of itself. However, two new funding lines inserted into the measure (H.B. 110), representing $500 million in total grant funds ...

Bosco named new economic-development manager for Grove City

Studio West’s LGBTQ+ entertainment complex development agreement includes TIF

Fitzsimmons named new executive director for Grow Licking County

Hillsboro considers four TIFs, transfer of park to CIC 

During the past decade, county land banks ramped up operations across Ohio largely employing one-time cash. The Hardest Hit Fund (HHF), sourced from Ohio’s share of mortgage industry settlement payments related to the Great Recession, was a catalytic funding source for demolishing thousands of vacant and abandoned residential structures ...

Butler County’s economic development plans include millions in investment

First Solar investing $680M to build third Toledo-area factory

Three Cleveland redevelopment projects approved for financial aid packages

Davies, Taylor named new CEO, president of Columbus Downtown Development Corp. 

New Ohio House bill could affect tax abatement deals, mayors say

Millennium Hotel project partners with minority-owned businesses

On June 1, 2021, the Ohio Senate Finance Committee released its version of the state’s biennial operating budget (HB 110), which must be signed into law by June 30, 2021. As often happens, there are millions of dollars in appropriated funds across state government, and then there are actual, no-kidding changes to unrelated elements of Ohio law also ...

Columbus Partnership buys downtown building for $3M as part of recovery plan

Peloton’s first U.S. factory will bring $400M and 2,200 jobs to Ohio

Cincinnati approves TIF for $500M District at Clifton Heights development

MORPC receives $400K federal grant to update Central Ohio economic development strategy

In May 2021, the federal 6th Circuit Court of Appeals in Cincinnati sent a county land bank case back to the district court in Dayton for reconsideration. Rejecting the winning argument at the lower level—that the owner of an abandoned property had her chance to raise objections earlier in a tax foreclosure process, which she didn’t—the ...

Upper Arlington to get a community center in Kingsdale redevelopment project

Waterville considers downtown redevelopment district to promote economic development

Forge Biologics Inc. raises $120M in largest Series B ever in Ohio

Path Robotics expanding AI-powered welding with $56M raised in Series B round

Mondrian could be Franklinton’s tallest tower at 15 stories, adding affordable housing

Construction of 750,000-square-foot Owens Corning Heath warehouse begins

Richland County approves enterprise zone agreements, creates economic development office

PureCycle will invest $363M in Ironton factory, create more than 50 jobs

In late April 2021, a legislative committee in the Ohio House held its second hearing to consider creating a $100 million grant program, exclusively for county land banks, to fund commercial building demolition. Ohio’s land bank statutes are recognized as a national model, uniquely providing an opt-in for county commissioners to direct tax ...

Recycled materials manufacturer Ardagh Group investing $411M in Huron facility

Partnership will provide Columbus Chamber of Commerce membership to 30 Black-owned businesses

Bricker & Eckler Energy attorney Kara Herrnstein will lead a webinar discussion, “Let the Sun Shine in Ohio,” for the Women's Energy Network, Wednesday, April 28, at 12:00 p.m. EDT. Register here >>
 

Bricker & Eckler will present a free webinar, "American Rescue Plan Act of 2021 (ARPA) Impact on Local Governments and Small Businesses," for the Toledo Regional Chamber of Commerce, Tuesday, April 20, at 2:00 p.m. EDT.

Former Kroger bakery near downtown Columbus could become apartments

Bridge Park more than halfway done; expected to reach $600M in investment 

West Jefferson expands CRA to two additional properties

Black-owned development firm plans $4M project that will bring jobs to Walnut Hills

Historic Cleveland building redevelopment awarded $1.5M tax incentive

OU employee placed in Coshocton County working to promote economic development

Bricker & Eckler’s Bell to present PACE financing at Smart Columbus Energy webinar

Developers propose $265M mixed-use development south of Austin Landing

 

New rubric outlines Cincinnati’s development project priorities

Columbus City Council considers incentives for $300M data center on south side

Ohio holds top spot in nation for per capita economic development 

Bricker & Eckler has developed a solar resource center, designed specifically for developers trying to understand the processes, challenges and opportunities related to solar development in the broader Great Lakes region.

Six Bricker & Eckler attorneys will be featured as part of HalfMoon Education's live, interactive webinar, "Issues in Ohio Energy and Electric Utility Regulation," Thursday, March 25. For more information, visit the registration page.

JobsOhio 2020 annual report touts 19,000 new jobs, $1B in additional payroll

Macy’s awarded state tax credit for $30M expansion in Jackson Township

Developing former AEP plant could benefit Fort Frye school district

New website promotes Clinton County economic development opportunities

Proposed 108-MW Licking County solar field would power Amazon, Google, Facebook

Developer will invest up to $75M to transform former DP&L plant into “economic powerhouse”

Cincinnati City Council looks at creating project scorecard to award incentives

Anchor tenants move into the Dayton Arcade, “breathing new life” into historic property

Golden Bear Shopping Center $56M redevelopment will proceed, follow original plans

 

Toledo officials working to position former mall property for redevelopment

Columbus-Franklin County Finance Authority’s 2020 was success despite pandemic

Greenfield selected for economic development opportunity

Lakewood considers TIF for $43M “watershed” redevelopment projects

Zamft named new planning director for Cleveland Heights

Crosley Building $50M redevelopment plan gets key approval

Wright-Patt exploring commercial development of 46 acres 

Daimler Group to build $19.2M office building at Hamilton Quarter

 

Huron officials committed to redevelopment of former ConAgra site 

New legislation enacted during the recent lame duck session of the General Assembly may alter the allocation of the federal income tax deduction granted for the design and installation of energy-efficient commercial building fixtures. Substitute Senate Bill 259, signed by Governor DeWine on January 9, 2021, requires public entities to ...

Perkins Township “poised for growth” despite challenges of pandemic

Kingsdale Shopping Center project will benefit Upper Arlington, Schoeny says

Loges named first economic development director for New Albany

Developer investing $1.75M in two spec buildings for Piqua industrial park

“Landmark” Arlington Gateway mixed-use development scheduled to begin work

Taxpayers can now access a new, nonrefundable insurance premium tax credit for capital contributions to certain “transformational mixed use developments” (TMUDs).  

Second downtown Dayton investment fund created to fill funding gaps

Municipal port authority would expand Middletown’s economic development options

Cincinnati Business Courier’s 20 projects that will reshape Greater Cincinnati 

New law could “dramatically change” Ohio’s downtown skylines

Military and federal installations added to JobsOhio’s targeted industries

2,000-acre site in Delaware County to become Berlin Business Park

JobsOhio will pay $200,000 for SpaceX satellite broadband test in Allen Township

Cleveland City Council grants 30-year TIF extension to $500M Flats East Bank project

Tax incentives for $260M downtown Cleveland housing project approved by panel

Startup hopes to spur economic growth in Appalachia through recycling battery cells 

Developers remain confident in downtown Columbus projects, including residential

Middletown adds 10 years to downtown TIF district 

Developer plans to revive former GM plant in Richland County

 

Tax incentives for new housing and MLK library branch get approval from Cleveland City Council committee 

Team NEO report: $2.5B invested in Northeast Ohio so far in 2020

Inaugural loan from new CFFA program will fund community center 

A new proposal in the Ohio legislature would render commercial and industrial Community Reinvestment Area (CRA) projects akin to “pre-1994” treatment.

Dayton sees $1.5B in investment over last decade

A new legislative proposal may impact the amount of compensation that must be paid to joint vocational school districts located in enterprise zones. 

Hillsboro economic development and parks projects moving forward

Team NEO names four business executives as new board members

Euclid to create community development corporation

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