Category: Uncategorized

Based upon the input of 300 public comments, the U.S. Treasury Department gave the Opportunity Zone community an early Christmas present with the release of the final Opportunity Zone regulations.  Five clear conclusions can be found in the final 544 pages of Treasury Opportunity Zone regulations but first let’s review high-level changes worthy of note.  […]

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The Ohio Opportunity Zone Tax Credit Program provides an incentive for taxpayers to invest in projects in the 320 federally certified Ohio Opportunity Zones.  Federal Opportunity Zones offer three tax incentives to investors: a temporary tax deferral for capital gains reinvested in an Opportunity Fund– the deferred gain is recognized on the earlier of the […]

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2020 will have ten critical corporate site location trends that will impact economic development across the United States.  The Montrose Group provides corporate site location, economic development planning, project financing and lobbying services to companies and organizations across the United States and annually releases the top ten economic development trends impacting corporate site location.  The […]

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 The Montrose Group is excited to announce Jamie Beier Grant, the Executive Director of the Ottawa County, Ohio Community Improvement Corporation, will join the firm as Manager of Economic and Workforce Development.  The Montrose Group is a Columbus, Ohio based business consulting firm that provides corporate site location, economic development planning, lobbying and project financing […]

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The Ohio Development Services Agency recently launched the $25 M Rural Industrial Park Loan Program (RILP) to promote economic development in eligible rural areas by providing low-interest direct loans to assist public and private sector organizations in financing the development and improvement of industrial parks and related off-site public infrastructure improvements in 35 of Ohio’s […]

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The Ohio Development Services Agency recently launched the $25 M Rural Industrial Park Loan Program to promote economic development in eligible rural areas by providing low-interest direct loans to assist public and private sector organizations in financing the development and improvement of industrial parks and related off-site public infrastructure improvements in 35 of Ohio’s 88 […]

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The Ohio Development Services Agency recently launched the $25 M Rural Industrial Park Loan Program (“RIPL”) to promote economic development in eligible rural areas by providing low-interest direct loans to assist public and private sector organizations in financing the development and improvement of industrial parks and related off-site public infrastructure improvements in 35 of Ohio’s […]

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The utility industry always has a great debate about how to support energy-intensive customers. Florida Power & Light’s (FPL) approach is to jump right into the industrial development marketplace to encourage the attraction of new business to their market. FPL has site control of the approximately 1,800-acre Crawford Diamond Industrial Park – a certified industrial […]

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Technology’s disruption of manufacturing, logistics, healthcare and retail is here. The economic reality for many of these industries is that five years from now companies in these industries likely will operate more successfully with fewer workers not more than they have now. This productivity gain will come from the use of connected devices, robotics and […]

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Companies interested in redeveloping an urban site in the state of Michigan can benefit from several public finance, tax incentive, and incentive programs designed to address the unique challenges presented by underutilized sites. Below is a brief Michigan urban redevelopment program listing and discussion with a particular interest in Detroit. Residential Property Tax Abatement/Neighborhood Enterprise […]

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