Montrose Group Clients Gain $2.7 M in Ohio Building Demolition and Site Revitalization Funding

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and Ohio Department of Development Director Lydia Mihalik recently announced more than $52 M in support for brownfield remediation and building demolition projects across the state. The Building Demolition and Site Revitalization Program is designed to provide grants for the demolition of commercial and residential buildings and revitalization of surrounding properties on sites that are not Brownfields. This program provides $150 million with $500,000 set-aside per county. The remaining funds will be provided on a first-come, first-served basis until June 30, 2024.

The Montrose Group is proud to highlight the successful application for three clients receiving a total of $2.7 M for major redevelopment projects. Continental Development Venture’s was awarded just over $2 M in Ohio Building Demo Program funding for the redevelopment of a site connected to Capital University in Bexley, Ohio. This project consists of the demolition of four residential buildings previously used as apartments and owned by Capital University. Continental will build a mixed-use development that includes 232 residential units and room for office and retail space, and the Bexley Community Improvement Corporation envisions the area as a big opportunity for revitalization.

The Columbus Association for the Performing Arts’ redevelopment of the Central Presbyterian Church Annex was awarded over $300,000 in Ohio Building Demo Program funding. This project consists of the demolition of the Central Presbyterian Church (built in 1859) annex that was built in 1926 but last occupied in 2011. The Columbus Association for the Performing Arts purchased the church and annex with their intention to remodel the original structure and demolish the annex to build a new performing arts venue, which will host a wide range of diverse community events. The demolition and revitalization will allow ADA access for all attendees.

Finally, the City of Gahanna, Ohio was awarded nearly $400,000 for the Gahanna Mill Street Corridor project. This project consists of the demolition of three buildings located on land owned by Gahanna Community Improvement Corporation. All buildings on Mill Street have been deemed blighted and vacant. The owners plan to construct a multi-use development with apartments and retail space after demolition.  Nestled into the urban fabric of downtown Gahanna, the planning, development, and construction of Creekside began life as a vision plan in 1997 and officially opened in 2007. The culmination of over a decade of meticulous work by the city, and community officials, this 240,000 square foot mixed-use development became the sprawling city town center seen today.

The ODOD Ohio Building Demolition and Site Revitalization Program needs to be renewed by the Ohio General Assembly in the up coming Ohio operating budget during the first half of 2025.

Please contact Dave Robinson at [email protected] if you are interested in seeking local, state or federal funding for an economic development project.

 

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