Seven school districts in the Columbus area have agreements with the City of Columbus; the city “has an initiative for certain qualifying companies building in Columbus” that provides them with tax breaks, and the city helps lessen the impact those incentives have on revenue loss to the districts, NBC4i.com reports. The city “is paying ...
Properties in Coshocton, Lorain, Montgomery, and Muskingum counties will receive more than $225 million from the All Ohio Future Fund (AOFF), which “will be used to improve infrastructure” to help prepare the sites for future economic development, Governor Mike DeWine, Lt. Governor Jim Tressel, and Ohio Development Director Lydia ...
PACE leaves your current tax revenues intact.
Property Assessed Clean Energy (PACE) financing is an economic development tool that does not subtract or redirect a political subdivision’s existing tax revenues. Many economic development tools provided under Ohio law focus on abating or redirecting tax revenue through some form of ...
For those considering state government jobs after college or graduate school, certain opportunities often come with the informal – but widely known – warning: this can be a hard job during the state’s biennial budget drafting season. This year’s Amended Substitute House Bill 96 (Am. Sub. H.B. 96; State Fiscal Year (SFY) 2026 and SFY 2027 ...
Greater Cincinnati Foundation (GCF) is looking to make big, long-term changes to address the area’s critical issues through bigger investments, announcing plans “to invest $1 billion in the region over the next 10 years,” the Cincinnati Business Courier reports.
PLK Communities, the developer behind Norwood’s Factory 52, is planning to invest $90 million to transform a “long-vacant riverfront industrial site in Newport” into “a large mixed-use development,” the Cincinnati Business Courier reports.
Local governments across Ohio are engaged in a competitive race to spur economic development, attract developers, and secure long-term prosperity. And while most local governments are familiar with traditional economic development tools—Bricker Graydon LLP mapping of active New Community Authority (NCA) usage across Ohio’s 88 ...
One old Cincinnati office building site could soon be ready for new life and new jobs with two potential industrial facilities. The Port of Greater Cincinnati Development Authority won unanimous approval from the Cincinnati Planning Commission to subdivide an industrial site for a redevelopment plan that could attract up to 200 new jobs, the ...
Some of the most iconic places in Cincinnati wouldn’t be what they are today without the major revitalization force that is Cincinnati Center City Development Corp., known as 3CDC. The convention center, Fountain Square, Washington Park, and “thousands of places to live Downtown and in Over-the-Rhine are just part” of how 3CDC “has ...
From Dublin to Franklinton to Gahanna, one of “Central Ohio’s busiest commercial real estate developers” is bringing housing, retail, and mixed-use commercial projects all around the greater Columbus metro area, Columbus Business First reports. Casto, which “ranked No. 9 on Columbus Business First’s list of the busiest developers in ...
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