DevelopOhio

The Solon Board of Education recently approved an innovative compensation agreement with the city and a developer that may be the first of its kind in the state, Cleveland.com reports.

Contaminated and decrepit properties across the state will be transformed thanks to two programs awarding millions of dollars to address barriers to development, according to a press release from the governor’s office. Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and Ohio Department of Development Director Lydia Mihalik recently ...

A $32.6 million federal grant will “help set up production of the Jeep Gladiator plug-in electric hybrid vehicle in Toledo,” The Toledo Blade reports. U.S. Representative Marcy Kaptur (D, Toledo) announced the U.S. Department of Energy (DOE)’s grant, part of its Electric-Vehicle Conversion Grants program, to American Autoparts and Mobis ...

Several private companies are investing in a $70 million project to bring new affordable housing to Columbus’ Franklinton neighborhood. The Columbus Metropolitan Housing Authority (CMHA) “announced its plan to create a rental housing community of 234 apartment units near the popular River & Rich apartments,” The Columbus Dispatch

Camaco, a Michigan-based “seat maker for the automotive industry,” is expanding its Lorain production with the help of a state tax credit, Crain’s Cleveland reports.

A mixed-use development including two indoor sports facilities, “retail, restaurant, and office outparcels” is coming to Reynoldsburg, Columbus Business First reports.

A new agreement between the Village of Hebron and Microsoft could bring billions of dollars in investments without a huge impact on local traffic. Microsoft’s planned development is for “six data center buildings on more than 200 acres,” investing $500 million per building and employing “at least 30 people per building,” The Newark ...

A large mixed-use project planned for downtown Columbus could bring not just more housing, but also a grocery store to the area. Bluestone Brothers Capital has added 110 apartment units to its large mixed-use development in the Mohawk Market District, and the developer “still plans on trying to land a grocery tenant for the neighborhood,” ...

As Dayton’s defense industry continues to grow, a local developer plans to invest more than $100M in a mixed-use development aimed at attracting defense contractors. Dayton-based Woodard Development purchased a 55-acre tract near Wright-Patterson Air Force Base for its Mission Point development project which is expected to bring hundreds of ...

Small businesses in Ohio have a new resource to help them grow and flourish. The JobsOhio Small Business Academy, Powered by Aileron, “will support small business owners, presidents and CEOs of small, growing B2B organizations in Ohio who want to improve their leadership skills and grow their companies,” reports Miami Valley Today. The ...

Lisha Morlan, who has served as Middletown’s assistant director of the city’s economic development department since 2022, has been promoted to lead the department as director, the Journal-News reports. Assistant City Manager Nathan Cahall said, “Lisha has proven herself time and time again to be the right person to grow our business ...

The Montgomery County Convention Facilities Authority is on the hunt for a developer “to construct an ambitious new headquarters hotel near the Dayton Convention Center” that the city expects to cost $60 million to $80 million, the Dayton Daily News reports. The convention center “is undergoing $45 million in improvements” meant to ...

An Ohio industry group wants to lead the world in sustainable polymer manufacturing and recycling. The Polymer Industry Cluster in Akron, a “coalition of Northest Ohio plastics companies, governments and universities,” is seeking “at least $40 million in federal funding to become a national technology hub for sustainable ...

We are going back to the moon, and Ohio is playing a key role in making it happen. NASA’s Artemis mission will send astronauts to Earth’s moon for the first time since 1972, and Ohio’s NASA Glenn Research Center and Armstrong Test Facility is responsible for the project’s “power, propulsion, communications, advanced materials and ...

The company behind the project Moraine and Montgomery County officials code-named “Project Crispy” is no longer a secret. Massillon-based Shearer’s Foods, LLC, is “seeking a tax credit to begin operations in Moraine” according to an Ohio Tax Credit Authority meeting agenda, in “what could be a $106 million project,” the Dayton ...

The City of Delaware has appointed Topeka, Kansas native Nic Langford as its new economic development director, replacing Sean Hughes, who left the position in December to become Powell’s first economic development administrator, Columbus Business First reports. Delaware City Manager Tom Homan “said he was impressed with ...

A newly designated economic development region, Lake to River Economic Development, will benefit not only its four member counties, but the state as a whole, Governor Mike DeWine said in an exclusive interview with the The Business Journal Daily. Ashtabula, Columbiana, Mahoning, and Trumbull counties were previously included in the Team NEO ...

Ohio Governor Mike DeWine, along with Lt. Governor Jon Husted and Ohio Department of Development Director Lydia Mihalik, recently announced a $152 million investment in projects “to transform communities along Ohio’s Appalachian waterfront,” according to a news release from the governor’s office. The regional nonprofit Ohio ...

The City of Middletown, the Warren County Port Authority, and Woodard Development are working together on a transformational development in Middletown’s East End, the Journal-News reports. The planned $200 million Renaissance Arena project “would attract full-service, high-end hotels, premium and fast-food restaurants, townhomes ...

Cleveland City Council recently approved Mayor Justin Bibb’s “plan to create a special downtown taxing district to pay for an overhaul of the city center and the Lake Erie and Cuyahoga River waterfronts,” Cleveland.com reports. The “Shore-to-Core-to-Shore” tax increment financing (TIF) district is expected to generate an estimated ...

Dublin-based Crawford Hoying and Dayton-based Woodard Development are seeking funding to complete “[o]ne of the largest development projects in downtown Dayton,” the $88 million transformation of the former Mendelson liquidation outlet “into a mixed-use economic driver in the city” called The Delco, the Dayton Business Journal

Site preparation will soon begin for a new multimillion-dollar mixed-use development on Pike Street in Marietta, bringing temporary construction jobs and 50–70 permanent jobs, the Marietta Times reports.

A federal grant “of up to $500 million” was awarded to the Middletown Works steel plant “to replace its coal-burning blast furnace with a hybrid unit that burns hydrogen and natural gas” in a project that “is expected to create 1,200 construction jobs and dramatically reduce carbon emissions,” WCPO.com reports.

A nearly $16 million apartment building, the Barrister, is the first new affordable housing development in downtown Cincinnati in “at least 20 years,” the Cincinnati Business Courier reports. Over-the-Rhine Community Housing and Urban Sites led the development, but they credit “a bevy of partners, underscoring just how difficult such ...

Dover City Council is looking at a Tax Increment Financing agreement for Schaeffler Group USA’s plans to build a manufacturing facility that would bring 450 jobs to the city, according to a recent The Times-Reporter article.

The world’s largest producer of chemicals, German company BASF, is investing $70.5 million in a 20,000-square-foot addition to its Cincinnati manufacturing facility “to offer more sustainable products driven by growing North American demand,” the Cincinnati Business Courier reports.

The Northwest Ohio Innovation Consortium is “asking the state of Ohio for a $31.4 million grant to create a tech hub to advance glass-making and recycling,” and projects the hub would “create 1,600 local new jobs and $284 million in additional investment, research and outside capital,” The Toledo Blade reports. The consortium ...

While 2023 was “a year of economic uncertainty,” Team NEO’s CEO Bill Koehler said it “was one of the strongest years in terms of projects, with 96 companies expanding or moving,” although the average size of projects was smaller, Cleveland.com reports.

A proposed, multi-use project to convert about 16.6 acres on Marysville’s North Main Street from an “underutilized, vacant brownfield site” into a space that boosts the local economy was awarded “an $8-million tax credit” through the state’s Transformational Mixed-Use Development program, the Marysville Journal-Tribune

Thanks to a partnership among the Morrow County Development Authority, the Board of Morrow County Commissioners, and the Morrow County Engineer, the county will get a new engineering facility that will reduce costs, increase efficiency, and pay for itself in 20 years, the Morrow County Sentinel reports. The new garage “will be a roughly ...

As if Intel’s $20 billion silicon chip facility, the “largest single private sector company investment in Ohio’s history,” wasn’t big enough, the project has created a ripple effect of other developments in the region, the Newark Advocate reports.

Several major projects have the Dayton region “poised for continued economic investment to the tune of billions of dollars,” the Dayton Business Journal reports. Here are the ones to watch for 2024:

At the Dayton International Airport (DAY), Santa Cruz, California-based Joby Aviation plans a “half-a-billion dollar investment” in a ...

Neyer Holdings and 8K Construction both won Ohio Historic Preservation Tax Credits for projects to add new apartments to the Findlay Market area of Over-the-Rhine in Cincinnati, the Cincinnati Business Courier reports.

More investors have been taking advantage of Ohio’s federal Opportunity Zones that allow them to “delay and reduce their tax payments on capital gains,” Crain’s Cleveland reports, but will that trend continue? In early 2023, “the Ohio Department of Development issued $42.2 million” in tax-credit certificates tied to ...

Eagerly anticipated details on the All Ohio Future Fund (Fund) are beginning to come to light. Ohio’s Office of Budget and Management (OBM) has scheduled a hearing December 11th on proposed rules for the Fund, which underwent a name change – from Investing in Ohio Fund – during the state budgeting process in 2023. Through the Fund, the ...

Major projects will have ‘substantial impact’ on Central Ohio in near future

Riley named new Team NEO board chair

Community-involved Spark Kettering plan will guide city’s intentional economic growth

Honda Fayette County EV plant is catalyst for $100M in infrastructure work

Dayton could declare county fairgrounds a blighted area to facilitate redevelopment 

Team NEO, Center for Economic Inclusion partner to target racial wealth gap

Two NE Ohio projects awarded more than $1M in tax credits

3CDC has had strong relationship with City Cincinnati for almost two decades

Findlay Megawatt Hub will provide emerging industries with high-volume power

Crawford Hoying gets approval for $150M mixed-use project in Hamilton

Proposed Ravenna-Rootstown JEDD could expand local development

New round of TMUD tax credits available

GM investing $920M in Duramax expansion of Brookville plant

Paper company’s $185M expansion will add 100 jobs in Circleville

State officials seeking up to $1.25B grant for regional hydrogen hub

Partnership will offer recommendations for Licking County growth

Developer to build $8M spec building in Marysville

Colburn named new Pickaway County Port Authority and P3 leader

Developer celebrates progress on $1B Cincinnati-area riverfront project 

Plans to convert 1917 shoe factory into apartments closer to approval

Cincinnati Port could develop its first spec building to prove concept

New hotel hopes to be “heart” of The Peninsula in Franklinton

Vitamin and supplement manufacturer investing $200M in new central Ohio facility

New 1.3M SF distribution center will consolidate Scotts Miracle Gro’s logistics

Port authority approves financing for Bridgeworks project in Cleveland

$31.8M for affordable housing will have ‘profound impact’ on Cincinnati

New $200M mixed-use project will be “transformative” for Middletown, region

New CRA in Kettering could spur new investment and improvements in older neighborhoods

Solar company investing $13.5M in expansion in Henry County

Automotive supplier investing $2M in Ross County expansion

First-round awards in Appalachian Community Grant Program total $17M

Renaissance Cleveland Hotel awarded $9.1M in TIF bonds from port authority

Officials approve proactive CRA for Jersey Township to secure voice in future abatements

Bexley mayor hopes to see mixed-use, mixed-income redevelopment of Main Street site

Manufacturer will invest $10M in Monroe County facility, add 15 jobs

New Community Authority could provide money for new development in Mount Vernon

Cincinnati brewery will transform Brentwood Bowl to production and taproom space

Indus Companies proposes “major expansion” for Dublin’s Bridge Park area

How Fayette County landed the $3.5B Honda battery plant

2023, the year of the rabbit in the Chinese zodiac, may well turn out to be the year of the CRANE (Community Reinvestment Areas in Need of Expertise) in Ohio. On January 2, 2023, Governor Mike DeWine signed Substitute Senate Bill 33, which, in large part, modifies not only the establishment and management of Community Reinvestment Areas ...

Several large-scale Central Ohio industrial projects to watch in 2023

Great Lakes Authority established to promote economic, environmental development

Two central Ohio projects win TMUD state tax credits

Collins named new development director for Centerville

Downtown Dayton approaches $3B in investment since 2010

Proposed $26M Springfield sports and event center could have major economic impact in Miami Valley

Six new members join Team NEO board

New Albany looks at expanding CRA, Opportunity Zone

Eleven large Central Ohio projects seek $107M in TMUD tax credits

Public-private partnerships revitalizing communities across Columbus

Study shows Granville could reap benefits from CIC, CRA, and JEDD

New details of $500M Appalachian Community Grant Program released

Honda announces new Ohio $4.4B EV battery plant 

Ashtabula County and port authority teaming up on economic development projects 

The Fort developers propose Steelton Village mixed-use district as part of $350M project

State awards $205M in incentives to Ford’s $1.5B expansion to Avon Lake plant

Qualls appointed to Port of Greater Cincinnati Development Authority board

Plans to transform Columbus’ Cooper Stadium into mixed-use development move forward

Beachwood developer plans $200M mixed-use redevelopment 

$500M in Ohio Appalachian grants provides “once-in-a-lifetime” opportunity

Columbus Downtown Development Corp. in talks to buy historic YMCA building

Accelerator program for minority or small developers selects first class

Central Ohio projects compete for new transformational mixed-use development tax credits

New tax abatement policy aims to increase affordable housing in Columbus

Economic development strategy helps bring $13M in federal funding to Dayton region