Local governments manage design, growth, and development typically through a comprehensive plan that can serve as a legally binding document that sets the overall goals, objectives, and policies to guide the local legislative body’s decision-making regarding the development of a region or community. However, how a local government manages this land use regulation can be […]
Economic development organizations and communities have become accustomed to the traditional corporate site location process that positions sites for investment opportunities. EDOs have spent decades working to build and market an inventory of shovel-ready sites, equipped with water, sewer, electric, gas, broadband, and roads at the “front door” to those sites; communities have established incentives […]
After successfully advocating for the development of a Public-Private-Partnership on behalf of Kansas City based industrial developer NorthPoint Development, Montrose Group was proud to participate in the groundbreaking for the Toledo Trade Center. The Ohio Department of Development provided a $9.9 M Ohio Brownfield Redevelopment Grant that enabled the former NorthTowne Mall site in North […]
The city of Columbus offers discretionary real property tax abatements to incentivize residential developments in targeted communities. Columbus offers a 100% real property tax abatement on the growth in property tax for 100% of the tax for 15 years in areas recognized as a Pre-1994 CRA.[i] Real property tax abatements operate in these areas as […]
Ohio offers a range of tax incentives and public finance tools to develop residential projects. These tools range from tax abatements to tax credits to sales tax exemptions to grants and loans to infrastructure funding. Community Reinvestment Act Tax Abatements. Ohio law authorizes local governments to provide property tax abatements on new investments up to […]
The City of Columbus implements Ohio’s statutory framework for land use regulation through the adoption of a city-wide comprehensive plan, but also regional land use plans gathered with input from community groups. The Columbus zoning process permits amendments as well as variance and follows clearly defined steps as outlined below. Communities like the City of […]
The growth in job creation in Central Ohio creates a substantial opportunity for residential development in Central Ohio. In fact, meeting the demand for residential development in Central Ohio may be one of the larger public policy challenges for Central Ohio as the coming decades of large-scale growth occur. Columbus is one of the top […]
The Central Ohio region, anchored by Ohio’s capitol city of Columbus, is a fast-growing mid-sized metropolitan area in line with other large urban centers across the United States driven by population and economic growth. The 11-county Central Ohio region has a net gain of 238,000 people from 2010 to 2020 while the other 77 counties […]