KJK successfully represented two applicants for the 2022 round of Ohio's Transformational Mixed-Use Development (TMUD) Program, which provides tax credits against development costs for projects that will be a catalyst for future development in their areas. Nearly $417...
Economic Development
Ohio’s Electric Vehicle and Battery Industry: Accelerating Ohio’s Auto Industry
Part 1: Accelerating Ohio’s Auto Industry On Feb. 16, 2022, State Senator Michael Rulli announced his “Accelerating Ohio’s Auto Industry” bill to assist automakers move into electrical vehicle manufacturing. This announced bill, if passed, will provide $15 million to...
The Impact of the Infrastructure Investment and Jobs Act
On Nov. 15, 2021, President Biden signed into law the massive $1.2 trillion bipartisan Infrastructure Investment and Jobs Act (the “Infrastructure Law”). Touted as the single largest investment in American infrastructure in over a generation, the Infrastructure Law’s...
Ohio Senate Bill 225 Doubling Historic & Opportunity Zone Incentives Heads to House
Ohio historic preservation and economic development projects may soon receive a large temporary boost from the Ohio General Assembly. Recently passed by the Ohio Senate and now under consideration in the Ohio House, Ohio Senate Bill 225 would double both the Ohio...
Impact of New Intel Chip Factory in Central Ohio
Central Ohio will soon welcome further growth in the tech market. Intel recently announced plans to begin construction in late 2022 and chip production in 2025 at the world’s largest chip-making complex in New Albany that will provide many benefits, but some...
House Passes 1.2T Infrastructure Bill, Sending to Biden for Signature
Following months of negotiations, the House of Representatives passed the $1.2 trillion infrastructure package Friday, sending it to the President for signature after the Senate passed the measure in August. President Biden announced he will schedule a signing...
Opportunity Zones: Take Advantage of Tax Relief
If you’ve incurred capital gains in 2021, you should be taking a hard look at whether to invest those gains in an Opportunity Zone Fund. With tax reform and a potential increase in the capital gains tax looming, the Opportunity Zone program may offer potential relief...
Ohio IMAGE Grants Aim To Increase State’s International Exports
The Ohio Department of Development has announced a number of grants that are available through the International Market Access Grant for Exporters (IMAGE) program. The IMAGE program was created to assist Ohio businesses with reaching a greater number of customers and...
KJK’s Jon Pinney Discusses Cleveland’s Future at Destination Cleveland’s Annual Meeting
Destination Cleveland, the city’s non-profit convention and visitor’s bureau, held its annual meeting on Tuesday, August 10th, 2021 at the Cleveland Zoo. There, community stakeholders and guests listened to a presentation by Destination Cleveland President David...
Gov. DeWine Presents Aggressive Budget With New Programs to Spark Ohio’s Economy
Ohio Governor Mike DeWine has unveiled his Executive Budget for Fiscal Years 2022 to 2023, which proposes spending $1 billion through the Investing in Ohio Initiative in new programs aimed at sparking the state’s pandemic recovery. The one-time expenditure calls for...