CLEVELAND, OHIO – January 6, 2025 – KJK congratulates Kassouf Development on the successful closing of all financial components for the transformative Erieview Tower and Galleria redevelopment. Located at the corner of East Ninth Street and St. Clair Avenue in...
Economic Development
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...
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...
Intel Receives Largest U.S. Funding Grant to Date but Confirms Further Delays in New Albany Facility Operations
On March 20, 2024, Intel and the White House announced Intel will receive $8.5 billion in federal subsidies to support Intel’s semiconductor plants in the United States. This grant is the largest award announced under the CHIPS and Science Act (CHIPS Act) to date. The...
USDA and ODA Resilient Food Systems Infrastructure Program Announcement
In January, the U.S. Department of Agriculture’s (USDA) and the Ohio Department of Agriculture (ODA) announced a new cooperative agreement to allocate $12.4 million in Resilient Food Systems Infrastructure Program (RFSI) funds to small and mid-size food producers in...