Economic Development Incentives Encourage Placemaking Economic Development

The International Economic Development Council has defined placemaking as “the practice of enhancing a community’s assets to improve its overall attractiveness and livability.” Placemaking is defined as large-scale projects like the creation of new public or revitalized public spaces, alternative transportation infrastructure, pop-up retail, housing, or Downtown beautification projects.  Bike trails, public beer gardens, parks, and other public spaces often mix uses and are attractive to residents and visitors alike. However, successful placemaking strategies require the use of multiple tools as well as an overall improvement in the quality of life available to area residents and visitors.

Land Bank Releases RFP for Redevelopment of Two Historic Skyscrapers in Downtown Toledo

The Lucas County Land Bank is pleased to release Phase 1 of a two-phase Request for Proposals to interested developers for the Four Corners Project.

The Land Bank and its partners, the City of Toledo, the Board of Lucas County Commissioners, the Toledo-Lucas County Port Authority, and ConnecToledo, desire the Four Corners Project to be a signature urban real estate redevelopment project that returns population density to this key junction of downtown Toledo, enhances the street level vibrancy at the corner of Madison Avenue and Huron Street, and catalyzes additional inclusive economic development in the surrounding area. We believe that this vision will only happen through a creative public-private partnership, and in that spirit, we look forward to working with interested developers to identify and support a future for these important buildings.

Federal Updates

CHIPS Act’s subsidies for semi-conductor manufacturing steps into the batting circle, now with a bigger bat.  Is it the next batter-up in Congress?  With Sen. Manchin’s (D – West Va.) death blow dealt to the Biden Administration’s climate change legislation in the U.S. Senate, the blockade of the pending CHIPS Act imposed by the Senate Minority Leader Mitch McConnell (R – Kentucky) appears to have been removed.  On Tuesday, July 19, the Senate held a test vote (64-34) to move forward with the semi-conductor manufacturing subsidy measure that had stalled previously in Congress, and now with a bigger impact.

Ohio General Assembly Updates

HB 377 LOCAL FISCAL RECOVERY (Hall, T., Swearingen, D.) Introduced on July 15, 2021, this bill seeks to amend just-enacted HB 168 to appropriate the entirety of the U.S. Treasury’s allocation of Local Fiscal Recovery Funds ($844MM) to nonentitlement units of local government (NEUs), to be distributed by Ohio OBM.

Economic Development Specialist III – Montgomery County

Advanced professional level in the community & economic development occupation under general supervision of the Economic Development Manager requiring considerable knowledge of the rules, methods and requirements of community/economic development planning and development programs and services in order to create/operate multi-jurisdictional development programs and projects and to provide the planning, analysis and support services needed to promote economic development opportunities in Montgomery County. The CED Specialist III will also manage the paperwork and processes connected with several programs, as well as assist with social media and communications.