Brownfields stakeholders are excited for the newly established Brownfields Remediation Fund through the state budget passed earlier this year. An investment of $350 million will provide Ohio’s cities with grant dollars to remediate brownfields in their communities. In addition, the budget included a new Building Demolition and Site Revitalization Program, which will provide $150 million for commercial and residential demolition and site revitalization.
The Mid-Ohio Regional Planning Commission (MORPC) is seeking public comments on the 2021 draft update to the Columbus Region’s Comprehensive Economic Development Strategy (CEDS).
TIFFIN, OHIO – On behalf of the City of Tiffin, the Tiffin-Seneca Economic Partnership is announcing the start of the 2021 Dream Big Tiffin cycle. Citizens and organizations can submit ideas and full project proposals for community development projects online at www.dreambigtiffin.com starting on Friday, Sept. 3, through Friday, Oct. 15, 2021.
LOGAN, OH – Construction on a new speculative industrial building in the Logan-Hocking Commerce Park started this month. The finished building will be 48,000 square feet and can be divided to accommodate up to 8 potential tenants in spaces as small as approximately 6,000 square feet.
A lot like the state operating budget, the capital budget is passed every 2 years, in the second year of the General Assembly. The capital budget is legislation where the State of Ohio appropriates resources to state owned infrastructure as well as other government purpose projects called community projects. Community projects make up only a small amount of the on-average $2 billion capital budget, but these appropriations generate the biggest focus from the legislature.