Upper Arlington, OH - Community Improvement Corp.

Kingsdale Development Gets Green Light

The last step in the public decision-making process has reached a successful conclusion for Kingsdale, with the Board of Zoning and Planning approving the Final Development Plan on Monday, June 15. This means the countdown to seeing real change at the site has moved into the final stage.

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Take a look at recent news throughout the country to see how other cities are taking a proactive stance to master planning and growth management.

Grandview Heights Works on Guidelines for
new Economic Development Incentives
According to ThisWeek newspapers, Grandview Heights City Council's economic development committee has proposed guidelines would be applicable to companies that choose to relocate to the city. This incentive would be based on the payroll taxes, giving companies credit for a percentage of income taxes generated for a fixed number of years. The city would consider offering this incentive for up to 10 consecutive years to companies whose projects create a minimum of 20 new jobs and involve a minimum project investment of $400,000. Read More >>

TIFs Explained as Grandview Considers this Valuable Tool

The Economic Development Council of Grandview Heights received a valuable lesson recently when the importance of Tax Increment Financing agreements was explained. It's a very informative article. Read More >>

Gahanna Celebrates Opening Of Revitalization Project

In spring 2008, Gahanna celebrated the opening of its long-awaited Creekside mixed-use development that has revitalized this community's original downtown. With $15 million investment from the city, and $40 million from private investors, this project has been a true success story for public/private partnerships.

"The revitalization of Olde Gahanna is a success that all our citizens can point to with great pride because it represents an investment in our future," said Mayor Becky Stinchcomb, who was a member of the Gahanna City Council when the planning for Creekside began.

Construction on Creekside began in 2005, but planning for the project started earlier. In 2004, the city pledged $11 million for the project, an investment that since has grown to more than $15 million. Stonehenge Co., the project's main developer, and others in the private sector have invested about $40 million.

"We dreamed it, and now it's actually here — and it's better than our initial dream," said Gahanna Development Director Sadicka White. "I'm most excited that it has actually been accomplished."

Grandview Preparing For Large New Mixed-Use Project

All eyes are watching as Grandview Heights begins its work on the zoning and planning for Grandview Yard. With 100 acres to work with, the City and Nationwide Realty are excited to see what this mixed-use project could become, but there will not be "big box stores," according to developers. For now, the plan is to add as much as 5 million square feet of commercial space, 600 to 800 residential units, and will require more than $500 million in investments. Developers expect the site to generate 5,000 jobs and an additional $5 million in income tax revenues for Grandview Heights, essentially doubling the city's current income tax base of about $4.7 million annually.