Ohio has emerged as a key player in the Midwest’s economic development, particularly in the realms of technology and infrastructure. A standout feature of the state's growth is the rise of data centers, which have become central to the modern digital economy. These...
Content By Richard A. Morehouse
Another Step in Cleveland’s Lakefront Revitalization
Cleveland City Council recently commenced the process to create a new nonprofit development agency, known as a New Community Authority (NCA), to administer land and community facility acquisition and development, as well as related services for its downtown lakefront...
Energy Efficiency Incentives in the Inflation Reduction Act: The Basics for Developers
Since its passage barely over two years ago, the Inflation Reduction Act of 2022 (IRA) has made significant steps forward in promoting energy efficiency within the construction industry. Incentives under the IRA include tax credits for the installation of clean energy...
What Developers Need to Know About Cleveland’s Community Benefit Scorecard
While the City of Cleveland has been using Community Benefit Agreements (CBAs) for development projects for over a decade, City Council passed Ordinance No. 297-2023 on June 5, 2023, officially enacting Chapter 191A of the Codified Ordinances of Cleveland. Chapter...
Understanding the 2024 Property Reappraisal in Cuyahoga County
On July 9, 2024, the Cuyahoga County Fiscal Officer (the County) released the newly appraised values for properties within their jurisdiction. As required by state law, every county in Ohio is required to update property values every three years and conduct a...
Transformational Mixed-Use Development Credit: Preliminary Insights for the FY 2025 Cycle
As the Ohio Statehouse works to complete its work on biennial appropriations for public infrastructure projects and one-time strategic community investments, the Ohio Department of Development (ODOD) is in the process of promulgating updated guidelines for several key...
Legislation Seeks to Revive Clean Ohio Revitalization Fund
On May 8th, Ohio State Representatives Thomas Hall and Bride Sweeney jointly introduced House Bill 519 to restore the Clean Ohio Revitalization Fund (CORF) and provide for its administration. The CORF is envisioned as a long-term, sustainable funding source for...
One-Time Community Investments Package Set to Become Law
Shortly before the end of the state’s fiscal year on June 30, Ohio legislators are aiming to appropriate over $3.5 billion in infrastructure and development projects as part of the state’s biennial capital budget. Within this larger effort and in addition to the state...
Ohio’s Recent Code Changes Promote Building Safety and Performance
Ohio recently joined the majority of states – and many nations – in adopting the International Plumbing, Building, and Mechanical Codes (IPC®, IBC®, and IMC®) in March 2024. These codes are part of the International Codes (I-Codes®) published by the International Code...
What Is Next for Downtown Cleveland Apartments?
The recipe for residential apartment success in Cleveland’s central business district has seen significant changes, primarily because a substantial portion of its traditional demand base—those employed in downtown Cleveland's office buildings—has yet to return....