Montrose Group, Manager of Economic Development

Montrose Group, a Columbus, Ohio-based consulting firm that provides corporate site location, economic development planning, and lobbying services, is seeking a Manager of Economic Development responsible for implementing economic development consulting services. 

Historic Downtown Newark Revitalization continues with the Historic Arcade

Newark’s Historic Downtown continues to embrace revitalization with the Historic Rehabilitation of the glass roofed Historic Arcade.

Over the past eight years, the private/public investment into Downtown Newark has grown to approximately $130,000,000. Highlights of various Historic building rehabs, streetscape, sewer/storm water separation project, Hilton Doubletree rehab and much more are included in the revitalization efforts. Now, with the help of over 35 donors, State & Federal Historic Tax Credits, Transformational Mixed-Use Development Tax Credits and other programs, Newark will undergo a $15,000,000 Historic Rehab of the Arcade.

Montrose Group’s Client Newark Arcade Wins Ohio Transformational Mixed Use Development Tax Credit

The Newark Arcade Project, a Montrose Group client, was one of 13 projects awarded the highly competitive Ohio Transformational Mixed Used District (TMUD) tax credit by the Ohio Tax Credit Authority on March 2, 2022.  The Ohio Tax Credit Authority approved these awards as part of the $100 million first round of the state’s new TMUD Program. The Ohio Department of Development reported there were $417 M worth of applications.