Dewine press release masthead newest
*FOR IMMEDIATE RELEASE:*
January 27, 2025
*MEDIA CONTACTS:
*Dan Tierney: 614-644-0957
Jill Del Greco: 614-644-0957
Ohio Mixed-Use Development Projects Expected to Spur $2 Billion in Community Investments
(COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Ohio Department of Development Director Lydia Mihalik today announced state support for nine mixed-use development projects expected to create more than $1.1 billion in new payroll and $2 billion in investments in Ohio.
During its monthly meeting, the Ohio Tax Credit Authority (TCA) approved a total of $100 million in tax credits through the fourth round of the Transformational Mixed-Used Development Program. Projects will support the construction or redevelopment of more than 7.4 million square feet of transformational space to create housing, retail, dining, office, lodging, and entertainment opportunities across the state.
“As our state grows, it’s more important than ever that we are creating communities where current and future Ohioans can live up to their fullest potential,” said Governor DeWine. “By prioritizing developments that transform neighborhoods, we’re making Ohio a place where people will want to be—now and in the future.”
TMUD Award Map [ [link removed] ]
________________________________________________________________________
*Details: List of Mixed-Use Development Projects * [ [link removed] ]
________________________________________________________________________
“With new development and growth comes new possibilities for Ohioans,” said Lydia Mihalik, director of the Ohio Department of Development, which administers the program. “Mixed-use developments create lively communities that attract residents and visitors, transforming empty lots into places where people can connect and thrive.”
The Transformational Mixed-Use Development program was created with support from the Ohio General Assembly.
Major city projects must be located within 10 miles of a corporation limit of Akron, Cincinnati, Cleveland, Columbus, Dayton, or Toledo. Eligible costs include land acquisition, building acquisition, demolition, site improvement, and new construction of the site.
________________________________________________________________________
*Additional Media Contact:*
Ohio Department of Development
Mason Waldvogel, Deputy Chief, Media Relations
614-961-1688
[email protected]
*-30-*
________________________________________________________________________
STAY CONNECTED: Visit us on Facebook [ [link removed] ] Visit us on Twitter [ [link removed] ] Visit us on YouTube [ [link removed] ] Visit us on Instagram [ [link removed] ]
SUBSCRIBER SERVICES:
Governor.Ohio.gov [ [link removed] ] | Unsubscribe [ [link removed] ] | Help [ [link removed] ]
Bookmark and Share [ [link removed] ]
________________________________________________________________________
This email was sent to
[email protected] using govDelivery Communications Cloud on behalf of: Governor DeWine Communications · Riffe Center, 30th Floor, 77 South High Street · Columbus, OH 43215-6117 GovDelivery logo [ [link removed] ]
