February 5, 20223 yr On 2/1/2022 at 9:42 AM, Columbo said: The Little Turtle residential development is a very nice master planned community on Columbus' Northeast Side. I believe the first residences were built in the 1970's, based around a golf course and planned with 'Garden City' principles. After 50 years, the development is fully built out. Or it is? A local developer appears to have found a way to create some additional buildable land within the Little Turtle development: https://www.dispatch.com/story/news/2022/01/31/little-turtle-way-developer-mo-dioun-created-redesign-not-columbus/6592116001/ The above linked article is about a civil lawsuit between the residents of Little Turtle and developer Mo Dioun over a controversial redesign of Little Turtle Way, the main road in the development. The redesign would create some additional buildable plan, but would lose the distinctive parkland that was part of the development's original master plan. According to the above linked article, the road redesign is on hold pending the results of the lawsuit. Documents released in this lawsuit indicate that the original idea for redesigning the main roadway serving the Little Turtle residential development were created for the developer, but later turned up as the city's proposed plan for its controversial $6.3 million rebuild of Little Turtle Way. Here are the existing conditions of Little Turtle Way. The roadway acts as the main entrance from 161 and splits into two one-way roads to create parkland in between: The proposed redesign would remove one of the one-way roads and combine it with the other one to create a two-way road, with the addition of a roundabout. This would create a more buildable plot of land where the removed road was: And here is a wintry aerial view of the Little Turtle Way roadway area from the article: And an article on Little Turtle residents on the other side of the issue: Some Little Turtle residents line up behind city roadway redesign “While those opposed to a city roadway redesign at the entrance to the Little Turtle residential development on the Northwest Side have been vocal and high-profile, a small group of residents in favor of the $6.3 million project are slowly if belatedly entering the fray. The group, which claims it is part of a silent majority at the development, says the overarching problem is that the Little Turtle development north of Route 161 between Westerville and New Albany, is dense with condo units and apartments that house thousands of residents, but offers only two ways in or out of the subdivision: Little Turtle Way and Longrifle Road. "We've got to start somewhere," Mark Nofziger, 58, who works in technology for a local bank and has lived at Little Turtle just over two years, said of the city's plan for improving the roadway. While opponents to the project can point to a 350-person petition presented to the city, Nofziger said that's just a small fraction of Little Turtle's thousands of residents.” https://www.dispatch.com/story/news/2022/02/05/not-everyone-opposes-little-turtle-redesign/9298309002/
February 5, 20223 yr I’m not sure what the people suing the city over Little Turtle expect at this point. The city was given the go-ahead by the judge to move forward with construction, and City Council voted to approve the construction contract this past week as a result. It’s getting built, whether they like it or not.
February 5, 20223 yr 1 hour ago, .justin said: I’m not sure what the people suing the city over Little Turtle expect at this point. The city was given the go-ahead by the judge to move forward with construction, and City Council voted to approve the construction contract this past week as a result. It’s getting built, whether they like it or not. Well it is a done deal then. Will this really help the traffic flow or is this just something to get land for some $$$ housing units?
February 6, 20223 yr 3 hours ago, Toddguy said: Well it is a done deal then. Will this really help the traffic flow or is this just something to get land for some $$$ housing units? Both, I would imagine.
February 12, 20223 yr "This is the Rock 'N Roll Reverend! Tonight at the Alrosa Villa -- Elevator Core!"
February 14, 20223 yr COTA plans Rickenbacker mobility hub: "Construction could start soon on a transportation hub for those who live and work around Rickenbacker International Airport." "The Central Ohio Transit Authority plans to build a transportation center where buses, cars, bike, scooters and more could come together for more efficient commutes. The Rickenbacker Mobility Center will be a state-of-the-art, comprehensive facility, said Aslyne Rodriguez, director of government affairs for COTA." https://www.bizjournals.com/columbus/news/2022/02/14/cota-morpc-funding.html
February 14, 20223 yr More news on Rickenbacker: "Rickenbacker Global Logistics Park will unlock about 320 acres for industrial development by 2023." "By the end of 2023, Rickenbacker Global Logistics Park will have the ability to develop about 4.5 million square feet of additional industrial space." "Once this land is made available, Struewing said all phases of the Rickenbacker Global Logistics Park will be available for industrial and warehousing development." https://www.bizjournals.com/columbus/news/2022/02/14/rickenbacker-global-logistics-park-unlocking-land.html?cx_testId=40&cx_testVariant=cx_10&cx_artPos=4#cxrecs_ Edited February 14, 20223 yr by Luvcbus
February 14, 20223 yr 35 minutes ago, Luvcbus said: COTA plans Rickenbacker mobility hub: "Construction could start soon on a transportation hub for those who live and work around Rickenbacker International Airport." "The Central Ohio Transit Authority plans to build a transportation center where buses, cars, bike, scooters and more could come together for more efficient commutes. The Rickenbacker Mobility Center will be a state-of-the-art, comprehensive facility, said Aslyne Rodriguez, director of government affairs for COTA." https://www.bizjournals.com/columbus/news/2022/02/14/cota-morpc-funding.html Good. Now, tell us what you have planned for the downtown Greyhound bus site.
February 15, 20223 yr 4 hours ago, Luvcbus said: More news on Rickenbacker: "Rickenbacker Global Logistics Park will unlock about 320 acres for industrial development by 2023." "By the end of 2023, Rickenbacker Global Logistics Park will have the ability to develop about 4.5 million square feet of additional industrial space." "Once this land is made available, Struewing said all phases of the Rickenbacker Global Logistics Park will be available for industrial and warehousing development." https://www.bizjournals.com/columbus/news/2022/02/14/rickenbacker-global-logistics-park-unlocking-land.html?cx_testId=40&cx_testVariant=cx_10&cx_artPos=4#cxrecs_ Rickenbacker Parkway East doesn't yet exist and is a $70 million project that creates a ring road all the way around the airport so I'm watching that closely. At least part of it would have to be finished for the Air Cargo Campus to be unlocked. Interested to see if it is funded with the Biden infrastructure money.
February 21, 20223 yr On 8/31/2021 at 3:06 PM, NorthShore647 said: Columbus developer Brad DeHays plans to redevelop former Value City complex into affordable housing Bonnie Meibers - Columbus Business First - Aug. 31, 2021 "Columbus developer Brad DeHays wants to turn the property at 3251 Westerville Road, once home to the headquarters of Value City Department Stores Inc., into a mixed-use project that would include affordable housing. DeHays, founder of Connect Realty, bought the land in February of 2020 from a group of members of the Ibnu Taymiyah Masjid and Islamic Center for $4.5 million, according to Franklin County records. That group had previously planned a $30 million Muslim Community Center of Ohio, which was to include a mosque, retail and restaurant space, indoor sports facilities and eventually a school and nursing home. ... DeHays said since the development is still in the early stages of planning, he did not have details to share on what the mixed-use component would look like." 3251 Westerville Road Fencing is now up at Schottensteins! Edited February 21, 20223 yr by CbusOrBust
February 22, 20223 yr Lots of nice pictures in CU’s latest construction update: https://columbusunderground.com/construction-roundup-february-2022-edition-we1/
February 25, 20223 yr I was driving NW on 33 toward 270 yesterday. As I was getting on the ramp to merge onto 270W toward Grove City, I noticed what appeared to be a red tower crane further up 33 toward 104. I have no idea what project on the southside around 104 would necessitate the use of a tower crane, but maybe one of you do.
February 25, 20223 yr 2 hours ago, cbussoccer said: I was driving NW on 33 toward 270 yesterday. As I was getting on the ramp to merge onto 270W toward Grove City, I noticed what appeared to be a red tower crane further up 33 toward 104. I have no idea what project on the southside around 104 would necessitate the use of a tower crane, but maybe one of you do. @CbusOrBustGet on it
February 25, 20223 yr There is also a new tower crane in Pickerington for the new Ohio Health Hospital on Refugee Rd.
February 25, 20223 yr 17 minutes ago, WagChase said: There is also a new tower crane in Pickerington for the new Ohio Health Hospital on Refugee Rd. Yep, I saw the base had been installed about a month ago but I haven't been by since.
February 25, 20223 yr Legend has it if you mention @CbusOrBustthree times in one thread, all the current images of all the construction projects you wanted updates on will magically appear in the comments.
February 25, 20223 yr 53 minutes ago, TIm said: Legend has it if you mention @CbusOrBustthree times in one thread, all the current images of all the construction projects you wanted updates on will magically appear in the comments. You have to click your heels three times while saying "Columbus"!
March 2, 20223 yr Should these Far South stories go in the South Side thread or this random dev thread? Anyway, this looks like a pretty cool idea, based on the Dispatch’s article: Entertainment complex with restaurant, kayaks, canoes, distillery, proposed for South High “The former owners of the Rambling House music venue and bar are looking to build an entertainment and recreation complex across South High Street from the South Drive-In. The complex, called Rambling House South, would include a kayak and canoe launch on the 19-acre site, which overlooks a pond and the Scioto River. A plan submitted to the city calls for three buildings, ranging from 2,000 square feet to 5,000 square feet, that would sit far off South High Street and overlook the 3-acre pond. The couple is asking that the property be rezoned from residential and commercial to limited manufacturing. The Columbus Development Commission is scheduled to hear that request on March 10. In a memo, the city's planning staff noted that it "generally supports the proposal," while requesting more information on the project.“ https://www.dispatch.com/story/business/2022/03/02/rambling-house-south-entertainment-complex-planned-south-side/6976634001/?itm_source=premium_bundle&itm_medium=onsite
March 2, 20223 yr The Ohio Tax Credit Authority will meet today at 11am to consider who will be awarded the TMUD credits. Hopefully this means we'll find out who will get them by this afternoon, but I won't get my hopes up. https://www.bizjournals.com/columbus/news/2022/03/02/tmud-awards.html
March 2, 20223 yr 48 minutes ago, cbussoccer said: The Ohio Tax Credit Authority will meet today at 11am to consider who will be awarded the TMUD credits. Hopefully this means we'll find out who will get them by this afternoon, but I won't get my hopes up. https://www.bizjournals.com/columbus/news/2022/03/02/tmud-awards.html Does anyone have the list of applicants again? How many were from Columbus?
March 2, 20223 yr Just now, Gnoraa said: Does anyone have the list of applicants again? How many were from Columbus? I don't remember specific numbers, but I'm fairly certain that Central Ohio had the most applicants of any other region in the state.
March 2, 20223 yr 15 minutes ago, Gnoraa said: Does anyone have the list of applicants again? How many were from Columbus? Near the beginning of this article by @KJP, there is a link to the full list: https://neo-trans.blog/2021/11/03/nine-of-44-tmud-applications-are-from-greater-cleveland/ Edited March 2, 20223 yr by TH3BUDDHA
March 2, 20223 yr 10 minutes ago, Gnoraa said: Does anyone have the list of applicants again? How many were from Columbus? https://www.bizjournals.com/columbus/news/2021/12/08/transformational-mixed-use-tax-credit.html Here’s the list from CBF; I’m not sure if it’s behind a paywall, though. Looks like a total of 16 projects in Central Ohio, including some in Delaware and Newark. I think my top three most likely recipients from the list are: 1. North Market Tower 2. Scioto Peninsula 2.0 3. Gravity 2.0 What are your all’s thoughts?
March 2, 20223 yr 38 minutes ago, Gnoraa said: Does anyone have the list of applicants again? How many were from Columbus? 16 out of 45 are from the Columbus area, I didn’t see the new post already listing this before posting, ignore me Edited March 2, 20223 yr by VintageLife
March 2, 20223 yr 23 minutes ago, amped91 said: https://www.bizjournals.com/columbus/news/2021/12/08/transformational-mixed-use-tax-credit.html Here’s the list from CBF; I’m not sure if it’s behind a paywall, though. Looks like a total of 16 projects in Central Ohio, including some in Delaware and Newark. I think my top three most likely recipients from the list are: 1. North Market Tower 2. Scioto Peninsula 2.0 3. Gravity 2.0 What are your all’s thoughts? I feel like the 707 w broad development has a good chance, depending on what they are presenting for the site.
March 2, 20223 yr 4 minutes ago, VintageLife said: 15 out of 45 are from the Columbus area There are 16 in Central Ohio: 1. Arlington Gateway | UPPER ARLINGTON | 1375 West Lane Avenue | Major City | $3,920,166.00 2. Central Franklinton Development | City of Columbus | 707 W BROAD ST | Major City | $11,512,800.00 3. Connect Housing Block | Columbus 3251 Westerville Rd | Major City | $7,100,000.00 4. Continental Centre | Columbus | 150 East Gay Street | Major City | $6,512,657.00 5. CoverMyMeds Campus | Columbus | 910 and 911 John Street | Major City | $6,779,143.00 6. Easton Apartments | Columbus | 4000 Brighton Rose Square | Major City | $12,000,000.00 7. Front & Fulton | Columbus | 477 Front Street | Major City | $8,832,063.00 8. Golden Bear Redevelopment | Upper Arlington | 3700 Riverside Drive | Major City | $6,191,063.65 9. Gravity Phase II | Columbus, Ohio | 433 W. Broad Street | Major City | $14,252,744.00 10. High North | City of Worthington | 150 W WISON BRIDGE RD | Major City | $14,565,478.00 11. North Market Mixed-Use Project | City of Columbus | 59 Spruce Street | Major City | $30,500,000.00 12. The Galaxy at Polaris | Columbus | Three parcels north of Ikea Way just east of Top Golf | Major City | $9,796,691.00 13. The Peninsula Phase II | Columbus, City of | Near 50 Belle Street | Major City | $21,000,000.00 14. 1 Flax- East Riverfront District | City of Delaware | 15 Flax Street | General | $3,604,224.30 15. Historic Newark Arcade Redevelopment | City of Newark | 29-35 N. 3rd St. & 24-30 N. 4th St. | General | $1,560,000.00 16. Tru Hotel by Hilton | Delaware, Ohio | 27 Spring Street | General | $2,544,069.00 By my count, Cincinnati and Cleveland (and their suburbs) have 9 each.
March 2, 20223 yr 9 minutes ago, VintageLife said: I feel like the 707 w broad development has a good chance, depending on what they are presenting for the site. The only reason I didn’t list that one is because we haven’t heard much about it, so it doesn’t seem really shovel ready. But it’s in a good location, and they have plenty of land to work with. So I’m excited to see what ends up going in there.
March 2, 20223 yr I forget if we know how many are selected. Is it a flat number of awarded projects or x number of projects totalling to a certain amount each year? So depending on what projects are selected can impacted the number of projects awarded.
March 2, 20223 yr 4 minutes ago, DTCL11 said: I forget if we know how many are selected. Is it a flat number of awarded projects or x number of projects totalling to a certain amount each year? So depending on what projects are selected can impacted the number of projects awarded. It's a flat number. "The applications will be competitively scored and ranked in order from highest to lowest score for each location category (major city and general). Tax credit allocation will begin with the highest score in each category and continue until all available tax credits for the fiscal year are allocated." https://development.ohio.gov/business/state-incentives/transformational-mixed-use-development-program A total of $100m is available this year, with $80m available for major city projects and $40m available for general projects.
March 2, 20223 yr This same group routinely doesn't select Columbus projects for historic tax credits. The justification being Central Ohio doesn't need it. I won't get my hopes up.
March 2, 20223 yr 1 hour ago, cbussoccer said: 12. The Galaxy at Polaris | Columbus | Three parcels north of Ikea Way just east of Top Golf | Major City | $9,796,691.00 This is the one I am curious about the most. I haven’t found anything at all, and there isn’t much info on the developer either. That area has potential to be something good, and for the $9 million they want, it has a good chance of being something decent. it will probably just end up being a 5 story office with a parking garage. Edited March 2, 20223 yr by VintageLife
March 2, 20223 yr Didn't DeWine specifically mention the North Market Tower as the kind of development most likely to get selected?
March 2, 20223 yr 1 hour ago, cbussoccer said: It's a flat number. "The applications will be competitively scored and ranked in order from highest to lowest score for each location category (major city and general). Tax credit allocation will begin with the highest score in each category and continue until all available tax credits for the fiscal year are allocated." https://development.ohio.gov/business/state-incentives/transformational-mixed-use-development-program A total of $100m is available this year, with $80m available for major city projects and $40m available for general projects. In theory, that does seem to mean depending on who scores highest in the more 'objective' score ranking, it could mean the number of projects selected could be impacted. So, if North Market gets selected, it's a significantly larger project than most of the list and it could take the place of (let's say) 5 other smaller Major City projects in the same calendar year if it is selected. But then if North Market is down on the list, but that would tip the award over $100mil for this year, do they skip it and continue to fit what does add up to the $100mil. What a fascinating cluster this may be.
March 2, 20223 yr 1 hour ago, aderwent said: This same group routinely doesn't select Columbus projects for historic tax credits. The justification being Central Ohio doesn't need it. I won't get my hopes up. That is the biggest misnomer. Columbus was behind in the early rounds of the historic tax credit program because developers simply did not apply. As a result, the competitive scoring actually made Columbus more competitive for several years relative to Cleveland and Cincinnati which had many projects. Columbus will likely always lag somewhat behind the other big C's because it has less historic stock--particularly large historic buildings--but the scoring process is objective.
March 2, 20223 yr 5 hours ago, cbussoccer said: but I won't get my hopes up. Crain's Cleveland has an article up now saying Centennial was one of the winners, so the list must be available somewhere. Unfortunately, Crain's is behind a paywall. Edited March 2, 20223 yr by TH3BUDDHA
March 2, 20223 yr 10 minutes ago, TH3BUDDHA said: Crain's Cleveland has an article up now saying Centennial was one of the winners, so the list must be available somewhere. Unfortunately, Crain's is behind a paywall. Yeah, it didn’t mention anything about places outside of the cleveland area and didn’t give any info to the other projects that got awarded.
March 2, 20223 yr 15 minutes ago, TH3BUDDHA said: Crain's Cleveland has an article up now saying Centennial was one of the winners, so the list must be available somewhere. Unfortunately, Crain's is behind a paywall. The Crains article indicated that three Columbus area projects won awards but did not name them. Cleveland area projects received $57.9 million of the credits with a total of $42.1 going to three projects in Columbus and other smaller projects around the state.
March 2, 20223 yr I got an emai FOR IMMEDIATE RELEASE: March 2, 2022 MEDIA CONTACTS: Gov: Dan Tierney: 614-644-0957 Gov: Jill Del Greco: 614-644-0957 LG: Hayley Carducci: 614-404-8616 Development Projects Will Support $1.4 Billion in Investments in Ohio Communities Transformational mixed-use development projects to be located in Canton, Cleveland, Columbus, Delaware, Elyria, Hamilton, Mentor, Newark, Van Wert, and Wooster. (COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced state support for 13 mixed-use development projects that are expected to result in more than $2.1 billion in new Ohio payroll and spur more than $1.4 billion in investments across the state. The selected projects are the first proposals to receive state support through the new Transformational Mixed-Used Development Program, which was created as part of the 133rd Ohio General Assembly's Senate Bill 39. The bill, sponsored by Kirk Schuring (R-Canton), was signed into law by Governor DeWine and became effective last year. During its monthly meeting today, the Ohio Tax Credit Authority (TCA) approved a total of $100 million in tax credits for the mixed-use development projects that will include the construction or redevelopment of more than 5.8 million square feet of transformational space. The projects were recommended by the Ohio Department of Development, which administers the program. "This new program allows us to help local communities bring long-term change to underutilized areas by transforming vacant buildings, building new business and recreation spaces, creating more housing, and bringing in thousands of new jobs to Ohio," said Governor DeWine. "I'm excited to watch the progression of these 13 projects because they will have a tremendous positive impact on the local economy and on the quality of life for area residents." “We’re attracting companies to Ohio because of our low taxes and excellent business climate, but they need sites to set up shop,” said Lt. Governor Husted. “The transformative, innovative projects approved today aim to create job opportunities, boost further investment, and spur economic growth in communities around the state.” “The investments being made are large in both size and scale, and will have a catalytic effect on their communities,” said Lydia Mihalik, director of the Ohio Department of Development. “This program will help preserve our communities’ historical assets and create new opportunities.” Of the $100 million awarded, $76,693,955 was awarded to major city projects and $23,306,045 to general projects. Major city projects must be located within 10 miles of a corporation limit of Akron, Cincinnati, Cleveland, Columbus, Dayton, and Toledo. Eligible costs include land acquisition, building acquisition, demolition, site improvement, and new construction of the site. Another round of the Transformational Mixed-Use Development Program will open in the coming months. MAJOR CITY PROJECTS CC Superior Holding LLC (Cleveland, Cuyahoga County) Total Development Cost: $100,506,156.27 Total Tax Credit: $8,562,068 Located in the heart of the Superior Arts District, the CC Superior Holding project will rehabilitate six continuous historic buildings totaling more than 400,000 square feet. The project will transform the mostly vacant and deteriorating buildings into restaurant, retail, office, and residential spaces and will include a new corporate headquarters. The project is expected to create nearly 1,000 jobs, 600 of which will be entry-level positions not requiring a college degree. Connect Housing Block (Columbus, Franklin County) Total Development Cost: $98,695,900 Total Tax Credit: $7,100,000 Connect Housing Block will redevelop a site on approximately 27 acres in Linden which has been vacant since 2008. The first phase of the project will rehabilitate the existing spaces into a manufacturing site for Connect Housing Block’s modular residential units, which is expected to produce approximately 1,500 affordable housing units per year. Additional phases will construct residential apartment buildings with the modular units and a clubhouse/community center that will host community services related to education and healthcare. The project will focus on transportation, broadband, access to healthcare, and access to affordable and workforce housing for site residents and the surrounding area. The project is expected to create 233 new jobs for Connect Housing Block and more than 100 additional jobs for other site tenants. CoverMyMeds Campus (Columbus, Franklin County) Total Development Cost: $252,833,372 Total Tax Credit: $6,779,143 Located on a former industrial brownfield site in West Franklinton, the CoverMyMeds Campus project will consist of two headquarter buildings that will house more than 1,600 employees. The site will host on-site parking in addition to trails, plazas, recreation/event spaces, basketball courts, an amphitheater, a boathouse, EV charging stations, community gardens, and improved river access that will be accessible to Franklinton residents. A free art gallery and coffee shop will also be available to the public during business hours. Gravity Phase II (Columbus, Franklin County) Total Development Cost: $175,720,084 Total Tax Credit: $14,252,744 The second phase of this mixed-use development in Franklinton, Gravity II will include a 12-story, 257-unit residential apartment with ground-floor commercial space and a 5-story, 24-unit townhome building. The project will also include the addition of The Creative Office Building, a six-story building with ground-floor retail and art and recreation spaces, which will house a Center for Innovation and Social Impact, combining new business incubation space with space for nonprofit social innovators. Gravity II will include a co-living concept with rent by-room and shared communal space to help achieve attainably-priced housing in the area. The project is expected to bring more than 11,000 full-time jobs plus more than 7,400 construction jobs. The Centennial (Cleveland, Cuyahoga County) Total Development Cost: $465,054,760 Total Tax Credit: $40,000,000 Located on approximately 1.4 million square feet in downtown Cleveland, the Centennial project will include the historic rehabilitation of the Union Trust Company Building. Largely vacant since 2015, the building has had several previous unsuccessful rehabilitation attempts. Upon completion, the building will house 864 affordable housing units with boutique hotel suites on several floors. The ground floor will house a restaurant, event space, a museum, and The Cleveland Exposition, a tribute to northeast Ohio’s rich history. The project is utilizing Low-Income Housing Tax Credits, as well as federal and state historic tax credits. The project is expected to create 300 permanent jobs and more than 3,000 construction jobs. GENERAL PROJECTS 1 Flax- East Riverfront District (City of Delaware, Delaware County) Total Development Cost: $37,942,243 Total Tax Credit: $3,420,795 The East Riverfront District will include new construction and adaptive reuse in a previously underutilized area of Delaware east of the Olentangy River. The project will help connect this nearly four-acre area to downtown Delaware and create new housing stock in one of the fastest-growing counties in the country. The project will include the construction of five, three-story buildings and the redevelopment of an existing historic industrial building that will house 116 market-rate apartments and 112 affordable units. Additional space will house outdoor community and recreation spaces, office space, and newly constructed commercial space. Champion Mill Redevelopment Project(Hamilton, Butler County) Total Development Cost: $140,277,521 Total Tax Credit: $6,416,144 Located in the heart of downtown Hamilton, the former Champion Paper Mill will undergo renovation to preserve the rapidly deteriorating historic building. The project includes the construction of a 628,000 square feet sports complex, 30,000 square feet of commercial space for medical providers, concessions, and a restaurant, a 389,000 square foot convention center, and a 333-room hotel with an additional 54,000 square feet for retail and restaurant development. The project is expected to create over 200 permanent jobs targeted at surrounding low-income communities. Downtown Elyria Redevelopment (Elyria, Lorain County) Total Development Cost: $35,731,000 Total Tax Credit: $3,414,100 The Downtown Elyria Redevelopment includes the rehabilitation of 67,000 square feet of currently vacant buildings into an arena and gaming hub for the Lorain County Community College (LCCC) Esports team. The project will utilize federal and state historic tax credits to rehabilitate the existing, historic Dixon and Robinson buildings, complete with food and dining options on the first floor, as well as two floors dedicated to commercial office space and classroom space for use by LCCC. The project will also develop a full-scale media production facility to produce and manage the building’s Esports programing. The project includes construction of a 76,000 square foot, six-story multi-family building featuring 51 units with retail, a wine bar, and underground parking. The project is expected to create more than 150 full-time jobs and 348 construction jobs. Historic Newark Arcade Redevelopment(Newark, Licking County) Total Development Cost: $17,518,000 Total Tax Credit: $1,560,000 Located in the Newark Downtown Historic District, the Historic Newark Arcade will be rehabilitated as restaurant space, art studios, retail, commercial, and offices spaces. The site will also house 19 market-rate apartments. A revitalized Arcade will once again be the focal point of downtown Newark and serve as a community center. The project will utilize federal and state historic tax credits to renovate the 44,000 square foot space. Once completed, the Arcade will host the local farmers market, giving Supplemental Nutrition Assistance Program-eligible families access to healthy and nutritious food. Liberty Beall (Wooster, Wayne County) Total Development Cost: $5,809,000 Total Tax Credit: $527,479 The Liberty Beall project includes the construction of an approximately 16,000 square foot, two-story building with retail and restaurant space, as well as eight market-rate apartments on the upper floor. The project is part of the East Liberty Corridor, with close connections to both downtown Wooster and College of Wooster. It will serve as proof that the corridor can support the expansion of residential development. When completed, the project is expected to provide 25 full-time jobs. Renkert Building (Canton, Stark County) Total Development Cost: $42,089,506 Total Tax Credit: $4,208,950 This project will rehabilitate the historic Renkert Building in downtown Canton. The Renkert Building is part of the Upper Downtown Canton Historic District and was Canton’s first skyscraper. The 113,502 square foot building will be redeveloped into an extended-stay hotel with restaurant space on the first floor. The project also includes the construction of a three-story building on an adjacent lot with hotel, restaurant, event, and retail uses, as well as public parking to support businesses in the surrounding area. The project is utilizing state historic preservation tax credits and will retain the historical integrity of the Renkert Building. Upon completion, the project will create 138 jobs, the majority not requiring a college degree. Uptown Mentor (Mentor, Lake County) Total Development Cost: $13,960,173 Total Tax Credit: $1,158,577 The Uptown Mentor project will redevelop a blighted, underutilized stretch along Mentor Ave into a lively, pedestrian-friendly community in the downtown central business district of Mentor. The six, largely vacant parcels make up nearly four acres in the heart of Mentor. This project will construct an approximately 43,000-square-foot building that will house restaurant, retail, office, and recreation space. The project will also house a medical service provider, a rooftop patio, and ample green space. The project is expected to create over 1,500 full-time jobs. Van Wert Forward (Van Wert, Van Wert County) Total Development Cost: $36,389,900 Total Tax Credit: $2,600,000 The Van Wert Forward project includes the historic rehabilitation of 19 buildings on a 2.8-acre site in the Downtown Business District of Van Wert. The project will preserve and enhance the downtown assets which will be redeveloped as retail, office, institutional, and dining space. It will also house 58 residential units, with more than 49,000 square feet of commercial space. Specific questions about individual projects can be directed to Megan Nagy at [email protected]. -30- STAY CONNECTED: SUBSCRIBER SERVICES: Governor.Ohio.gov | Unsubscribe | Help This email was sent to [email protected] using govDelivery Communications Cloud on behalf of: Governor DeWine Communications · Riffe Center, 30th Floor, 77 South High Street · Columbus, OH 43215-6117
March 2, 20223 yr 1 minute ago, TheCOV said: I got an emai FOR IMMEDIATE RELEASE: March 2, 2022 MEDIA CONTACTS: Gov: Dan Tierney: 614-644-0957 Gov: Jill Del Greco: 614-644-0957 LG: Hayley Carducci: 614-404-8616 Development Projects Will Support $1.4 Billion in Investments in Ohio Communities Transformational mixed-use development projects to be located in Canton, Cleveland, Columbus, Delaware, Elyria, Hamilton, Mentor, Newark, Van Wert, and Wooster. (COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced state support for 13 mixed-use development projects that are expected to result in more than $2.1 billion in new Ohio payroll and spur more than $1.4 billion in investments across the state. The selected projects are the first proposals to receive state support through the new Transformational Mixed-Used Development Program, which was created as part of the 133rd Ohio General Assembly's Senate Bill 39. The bill, sponsored by Kirk Schuring (R-Canton), was signed into law by Governor DeWine and became effective last year. During its monthly meeting today, the Ohio Tax Credit Authority (TCA) approved a total of $100 million in tax credits for the mixed-use development projects that will include the construction or redevelopment of more than 5.8 million square feet of transformational space. The projects were recommended by the Ohio Department of Development, which administers the program. "This new program allows us to help local communities bring long-term change to underutilized areas by transforming vacant buildings, building new business and recreation spaces, creating more housing, and bringing in thousands of new jobs to Ohio," said Governor DeWine. "I'm excited to watch the progression of these 13 projects because they will have a tremendous positive impact on the local economy and on the quality of life for area residents." “We’re attracting companies to Ohio because of our low taxes and excellent business climate, but they need sites to set up shop,” said Lt. Governor Husted. “The transformative, innovative projects approved today aim to create job opportunities, boost further investment, and spur economic growth in communities around the state.” “The investments being made are large in both size and scale, and will have a catalytic effect on their communities,” said Lydia Mihalik, director of the Ohio Department of Development. “This program will help preserve our communities’ historical assets and create new opportunities.” Of the $100 million awarded, $76,693,955 was awarded to major city projects and $23,306,045 to general projects. Major city projects must be located within 10 miles of a corporation limit of Akron, Cincinnati, Cleveland, Columbus, Dayton, and Toledo. Eligible costs include land acquisition, building acquisition, demolition, site improvement, and new construction of the site. Another round of the Transformational Mixed-Use Development Program will open in the coming months. MAJOR CITY PROJECTS CC Superior Holding LLC (Cleveland, Cuyahoga County) Total Development Cost: $100,506,156.27 Total Tax Credit: $8,562,068 Located in the heart of the Superior Arts District, the CC Superior Holding project will rehabilitate six continuous historic buildings totaling more than 400,000 square feet. The project will transform the mostly vacant and deteriorating buildings into restaurant, retail, office, and residential spaces and will include a new corporate headquarters. The project is expected to create nearly 1,000 jobs, 600 of which will be entry-level positions not requiring a college degree. Connect Housing Block (Columbus, Franklin County) Total Development Cost: $98,695,900 Total Tax Credit: $7,100,000 Connect Housing Block will redevelop a site on approximately 27 acres in Linden which has been vacant since 2008. The first phase of the project will rehabilitate the existing spaces into a manufacturing site for Connect Housing Block’s modular residential units, which is expected to produce approximately 1,500 affordable housing units per year. Additional phases will construct residential apartment buildings with the modular units and a clubhouse/community center that will host community services related to education and healthcare. The project will focus on transportation, broadband, access to healthcare, and access to affordable and workforce housing for site residents and the surrounding area. The project is expected to create 233 new jobs for Connect Housing Block and more than 100 additional jobs for other site tenants. CoverMyMeds Campus (Columbus, Franklin County) Total Development Cost: $252,833,372 Total Tax Credit: $6,779,143 Located on a former industrial brownfield site in West Franklinton, the CoverMyMeds Campus project will consist of two headquarter buildings that will house more than 1,600 employees. The site will host on-site parking in addition to trails, plazas, recreation/event spaces, basketball courts, an amphitheater, a boathouse, EV charging stations, community gardens, and improved river access that will be accessible to Franklinton residents. A free art gallery and coffee shop will also be available to the public during business hours. Gravity Phase II (Columbus, Franklin County) Total Development Cost: $175,720,084 Total Tax Credit: $14,252,744 The second phase of this mixed-use development in Franklinton, Gravity II will include a 12-story, 257-unit residential apartment with ground-floor commercial space and a 5-story, 24-unit townhome building. The project will also include the addition of The Creative Office Building, a six-story building with ground-floor retail and art and recreation spaces, which will house a Center for Innovation and Social Impact, combining new business incubation space with space for nonprofit social innovators. Gravity II will include a co-living concept with rent by-room and shared communal space to help achieve attainably-priced housing in the area. The project is expected to bring more than 11,000 full-time jobs plus more than 7,400 construction jobs. The Centennial (Cleveland, Cuyahoga County) Total Development Cost: $465,054,760 Total Tax Credit: $40,000,000 Located on approximately 1.4 million square feet in downtown Cleveland, the Centennial project will include the historic rehabilitation of the Union Trust Company Building. Largely vacant since 2015, the building has had several previous unsuccessful rehabilitation attempts. Upon completion, the building will house 864 affordable housing units with boutique hotel suites on several floors. The ground floor will house a restaurant, event space, a museum, and The Cleveland Exposition, a tribute to northeast Ohio’s rich history. The project is utilizing Low-Income Housing Tax Credits, as well as federal and state historic tax credits. The project is expected to create 300 permanent jobs and more than 3,000 construction jobs. GENERAL PROJECTS 1 Flax- East Riverfront District (City of Delaware, Delaware County) Total Development Cost: $37,942,243 Total Tax Credit: $3,420,795 The East Riverfront District will include new construction and adaptive reuse in a previously underutilized area of Delaware east of the Olentangy River. The project will help connect this nearly four-acre area to downtown Delaware and create new housing stock in one of the fastest-growing counties in the country. The project will include the construction of five, three-story buildings and the redevelopment of an existing historic industrial building that will house 116 market-rate apartments and 112 affordable units. Additional space will house outdoor community and recreation spaces, office space, and newly constructed commercial space. Champion Mill Redevelopment Project(Hamilton, Butler County) Total Development Cost: $140,277,521 Total Tax Credit: $6,416,144 Located in the heart of downtown Hamilton, the former Champion Paper Mill will undergo renovation to preserve the rapidly deteriorating historic building. The project includes the construction of a 628,000 square feet sports complex, 30,000 square feet of commercial space for medical providers, concessions, and a restaurant, a 389,000 square foot convention center, and a 333-room hotel with an additional 54,000 square feet for retail and restaurant development. The project is expected to create over 200 permanent jobs targeted at surrounding low-income communities. Downtown Elyria Redevelopment (Elyria, Lorain County) Total Development Cost: $35,731,000 Total Tax Credit: $3,414,100 The Downtown Elyria Redevelopment includes the rehabilitation of 67,000 square feet of currently vacant buildings into an arena and gaming hub for the Lorain County Community College (LCCC) Esports team. The project will utilize federal and state historic tax credits to rehabilitate the existing, historic Dixon and Robinson buildings, complete with food and dining options on the first floor, as well as two floors dedicated to commercial office space and classroom space for use by LCCC. The project will also develop a full-scale media production facility to produce and manage the building’s Esports programing. The project includes construction of a 76,000 square foot, six-story multi-family building featuring 51 units with retail, a wine bar, and underground parking. The project is expected to create more than 150 full-time jobs and 348 construction jobs. Historic Newark Arcade Redevelopment(Newark, Licking County) Total Development Cost: $17,518,000 Total Tax Credit: $1,560,000 Located in the Newark Downtown Historic District, the Historic Newark Arcade will be rehabilitated as restaurant space, art studios, retail, commercial, and offices spaces. The site will also house 19 market-rate apartments. A revitalized Arcade will once again be the focal point of downtown Newark and serve as a community center. The project will utilize federal and state historic tax credits to renovate the 44,000 square foot space. Once completed, the Arcade will host the local farmers market, giving Supplemental Nutrition Assistance Program-eligible families access to healthy and nutritious food. Liberty Beall (Wooster, Wayne County) Total Development Cost: $5,809,000 Total Tax Credit: $527,479 The Liberty Beall project includes the construction of an approximately 16,000 square foot, two-story building with retail and restaurant space, as well as eight market-rate apartments on the upper floor. The project is part of the East Liberty Corridor, with close connections to both downtown Wooster and College of Wooster. It will serve as proof that the corridor can support the expansion of residential development. When completed, the project is expected to provide 25 full-time jobs. Renkert Building (Canton, Stark County) Total Development Cost: $42,089,506 Total Tax Credit: $4,208,950 This project will rehabilitate the historic Renkert Building in downtown Canton. The Renkert Building is part of the Upper Downtown Canton Historic District and was Canton’s first skyscraper. The 113,502 square foot building will be redeveloped into an extended-stay hotel with restaurant space on the first floor. The project also includes the construction of a three-story building on an adjacent lot with hotel, restaurant, event, and retail uses, as well as public parking to support businesses in the surrounding area. The project is utilizing state historic preservation tax credits and will retain the historical integrity of the Renkert Building. Upon completion, the project will create 138 jobs, the majority not requiring a college degree. Uptown Mentor (Mentor, Lake County) Total Development Cost: $13,960,173 Total Tax Credit: $1,158,577 The Uptown Mentor project will redevelop a blighted, underutilized stretch along Mentor Ave into a lively, pedestrian-friendly community in the downtown central business district of Mentor. The six, largely vacant parcels make up nearly four acres in the heart of Mentor. This project will construct an approximately 43,000-square-foot building that will house restaurant, retail, office, and recreation space. The project will also house a medical service provider, a rooftop patio, and ample green space. The project is expected to create over 1,500 full-time jobs. Van Wert Forward (Van Wert, Van Wert County) Total Development Cost: $36,389,900 Total Tax Credit: $2,600,000 The Van Wert Forward project includes the historic rehabilitation of 19 buildings on a 2.8-acre site in the Downtown Business District of Van Wert. The project will preserve and enhance the downtown assets which will be redeveloped as retail, office, institutional, and dining space. It will also house 58 residential units, with more than 49,000 square feet of commercial space. Specific questions about individual projects can be directed to Megan Nagy at [email protected]. -30- STAY CONNECTED: SUBSCRIBER SERVICES: Governor.Ohio.gov | Unsubscribe | Help This email was sent to [email protected] using govDelivery Communications Cloud on behalf of: Governor DeWine Communications · Riffe Center, 30th Floor, 77 South High Street · Columbus, OH 43215-6117 Out of all the Columbus projects, how did they justify giving CoverMyMeds tax credits? I would rank that one as one of the least "transformational" projects on the list.
March 2, 20223 yr I'm still floored cover my meds was able to come in so late and take any of these credits. What a joke. 1600 jobs and a free art gallery. Cool. Cool. Cool. Cool. So, now we wait to see if North Market and Easton were truly dependent on these or not. And to my point, the Centennial Block in Cleveland took up $40,000,000 of the awards. Thats almost half of all of the available awards to a single project. With the other Cleveland Winner, two downtown Cleveland projects got $48.5 mil of the tax credits. This is NOT to say those two projects weren't deserving. 864 affordable housing units in a Downtown is HUGE so I can see why that was weighted heavily. Final edit: so this means 2 of the 3 Columbus projects will not see any changes or impacts. So the credits don't do anything to add 'oomph' to the projects. Certainly, Kaufmann can put the savings toward the next phases so that's fine. As I mentioned before, now I'm really curious if we are going to continue on a mentality of 'maybe they are waiting on TMUD', see some excavators get digging, or how many were truly reliant on the TMUD and won't proceed without it. Edited March 2, 20223 yr by DTCL11
March 2, 20223 yr 2 minutes ago, cbussoccer said: Out of all the Columbus projects, how did they justify giving CoverMyMeds tax credits? I would rank that one as one of the least "transformational" projects on the list. Probably because it's in Franklinton. Ginther is really big on neighborhoods that need the most help and thinks Downtown, Victorian Village, the SN etc. are "doing fine".
March 2, 20223 yr Well, McKesson (Cover My Meds) has to pay billions to the States for pushing opioids. I suppose they are pinching pennies... 🙄
March 2, 20223 yr 9 minutes ago, cbussoccer said: Out of all the Columbus projects, how did they justify giving CoverMyMeds tax credits? I would rank that one as one of the least "transformational" projects on the list. This news is, honestly, really disappointing. The CMM campus shouldn’t have even been considered. Someone was definitely lobbying hard for this credit. The Peninsula developers are on the record as saying the Phase Two tower was dependent on the TMUD credit, so we’ll see what they say now. I really hope this doesn’t push the NMT back again as well.
March 2, 20223 yr I wonder if all of the "boom" talk about Columbus with Intel made them think "they will be ok anyways" and were then just thinking about corporate jobs(CMM)and affordable housing in Linden and a bone to Franklinton with Gravity2, although this: Quote The second phase of this mixed-use development in Franklinton, Gravity II will include a 12-story, 257-unit residential apartment with ground-floor commercial space and a 5-story, 24-unit townhome building. The project will also include the addition of The Creative Office Building, a six-story building with ground-floor retail and art and recreation spaces, which will house a Center for Innovation and Social Impact, combining new business incubation space with space for nonprofit social innovators. Gravity II will include a co-living concept with rent by-room and shared communal space to help achieve attainably-priced housing in the area. The project is expected to bring more than 11,000 full-time jobs plus more than 7,400 construction jobs. uh...Gravity ll is supposed to bring...... what?????
March 2, 20223 yr 3 minutes ago, amped91 said: This news is, honestly, really disappointing. The CMM campus shouldn’t have even been considered. Someone was definitely lobbying hard for this credit. The Peninsula developers are on the record as saying the Phase Two tower was dependent on the TMUD credit, so we’ll see what they say now. I really hope this doesn’t push the NMT back again as well. Hopefully they will be able to make the tower happen, what with the Intel "boom" coming and all. What is happening in Europe may provide more of a push for "make sh*t here" instead of say Taiwan(with China looming over it).
March 2, 20223 yr 21 minutes ago, amped91 said: This news is, honestly, really disappointing. The CMM campus shouldn’t have even been considered. Someone was definitely lobbying hard for this credit. The Peninsula developers are on the record as saying the Phase Two tower was dependent on the TMUD credit, so we’ll see what they say now. I really hope this doesn’t push the NMT back again as well. I saw in one of the cleveland threads that the next round starts in July or something, so they can still apply then.
March 2, 20223 yr 50 minutes ago, cbussoccer said: how did they justify giving CoverMyMeds tax credits? Corruption, most likely.
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