Category – State Updates

Opportunity Zone Redesignations Are Coming: Action Items for Economic Developers

Wed, 10 Jun 2026 09:00:01 -0400

Economic Development Project Information Now Confidential: New Risks for Public Officials & Employees

Wed, 08 Apr 2026 09:00:02 -0400

Four Ohio Properties Awarded $225M in All Ohio Future Fund Support

Wed, 03 Sep 2025 09:00:03 -0400

City of Columbus Pays School Districts Nearly $6M for Tax Abatements to Attract Developers

Robert F. McCarthy — Wed, 03 Sep 2025 09:00:04 -0400

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 ...

Four Ohio Properties Awarded $225M in All Ohio Future Fund Support

Robert F. McCarthy — Wed, 03 Sep 2025 09:00:05 -0400

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 Mihalik ...

Community Foundation to Invest $1B in Cincinnati Region

Robert F. McCarthy — Tue, 17 Jun 2025 09:00:06 -0400

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.

Port Authority’s Plan for Winton Hills Site Could Bring Two Companies, 200 Jobs

Robert F. McCarthy — Wed, 07 May 2025 09:00:07 -0400

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 ...

Looking Back and Looking Forward After 20 Years of 3CDC’s Work to Transform Cincinnati

Robert F. McCarthy — Mon, 17 Feb 2025 09:00:08 -0500

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 transformed Cincinnati over the last 20 years,” Cincinnati.com reports. The organization “has received international attention” and “been hailed as a model” for its work on major projects around the city, according to the article.

Casto’s Large-Scale Projects Making an Impact in Central Ohio

Robert F. McCarthy — Wed, 12 Feb 2025 09:00:09 -0500

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 2024,” isn’t slowing down in 2025.

Cincinnati’s $93M Kimpton Hotel Project Finally Regains Traction

Robert F. McCarthy — Fri, 17 Jan 2025 09:00:10 -0500

Plans to convert the “historic, vacant, 121-year-old Traction Building” in downtown Cincinnati into the city’s first Kimpton Hotel are moving forward with help from the Port of Greater Cincinnati Development Authority, the Cincinnati Business Courier reports. The $93 million project “has been struggling to get off the ground for nearly ...

“Revolutionary” Agreement a Win-Win for Solon Schools, Community

Robert F. McCarthy — Mon, 02 Dec 2024 09:00:11 -0500

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.

More than $55M Awarded to Demolition and Remediation Projects in Ohio

Robert F. McCarthy — Fri, 15 Nov 2024 09:00:12 -0500

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 announced “more than $55 million in continued support for brownfield remediation and building demolition projects,” according to the release.

DOE Awards $32M to Toledo EV Battery Plant Project

Robert F. McCarthy — Fri, 11 Oct 2024 09:00:13 -0400

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 North America.

Westrich Project Bringing More Affordable Housing to Franklinton

Robert F. McCarthy — Fri, 11 Oct 2024 09:00:14 -0400

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 reports.

Auto Seat Manufacturer Awarded State Tax Credit for Lorain Expansion

Robert F. McCarthy — Thu, 03 Oct 2024 09:00:15 -0400

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.

REP Fieldhouse Owners Adding Second, Larger Complex in Reynoldsburg

Robert F. McCarthy — Wed, 14 Aug 2024 09:00:16 -0400

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

Microsoft Investing up to $3B in new Hebron Data Centers

Robert F. McCarthy — Mon, 12 Aug 2024 09:00:17 -0400

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 Advocate reports.

Downtown Columbus Mohawk Market Project Grows by 100+ Apartments

Robert F. McCarthy — Wed, 07 Aug 2024 09:00:18 -0400

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,” Columbus Business First reports.

$100M Mission Point Project Will Create Hundreds of New Jobs Near Wright-Pat

Robert F. McCarthy — Fri, 19 Jul 2024 09:00:19 -0400

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 jobs to the area when complete.

Husted, JobsOhio, Aileron Say New Program Will Elevate Ohio’s Small Businesses’ Growth

Robert F. McCarthy — Fri, 12 Jul 2024 09:00:20 -0400

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 fully ...