KJK’s Economic Development attorneys provide a wide breadth of services to businesses looking to establish, expand, consolidate or relocate; developers planning their next big project; or municipalities seeking to attract such businesses and developers.
Drawing upon deep experience in real estate, land acquisition and leasing, financing, contract negotiation, compliance, general corporate law and more, our Economic Development attorneys manage projects that help businesses and communities thrive.
We help businesses in a variety of industries and of all sizes, from start-ups to middle market companies to large corporations, take advantage of local, state and national economic incentives.
Economic Development & Incentives
- Economic Incentives Advocacy, Compliance & Negotiation
- Incentive Opportunity Zones
- PACE & Other Energy Related Financing
- Historic Tax Credits
- Ohio and Local Job Creation Tax Credits
- Site Selection and Acquisition
- Tax Abatements
- Tax Increment Financing
- Utility Infrastructure Financing
- Workforce Development Agreements
Looking for the latest News?
COVID-19 Economic Incentives and Resources
Struggling to thrive due to Coronavirus? Our attorneys have compiled a list of economic incentives as well as local and national news to help Ohio businesses.
Featured Case Study
DEALER TIRE WORLD HEADQUARTERS AT THE HISTORIC VICTORY CENTER IN CLEVELAND
KJK led the team to revive the long-vacant, 100-year-old Victory Center building located in Midtown Cleveland, now home to Dealer Tire’s world headquarters. On the brink of bankruptcy, the building owner came to KJK for help, and we made the connections that brought Dealer Tire to its new campus at the Victory Center. KJK put together a public incentive package totaling more than $12 million in city, county and state incentives. It was the kind of package that Dealer Tire couldn’t pass up, and in January 2016, the company signed a deal to become Victory Center’s sole tenant for the next 20 years.
in public low-interest loans
in state and federal historic tax credits
renovation of historic building
HELPING OHIO BUSINESSES GET AHEAD
Expansion & Development of Global Headquarters
Represents a $2 billion, privately held corporation in managing its expansion and development of a new global headquarters, including negotiating and closing a financing package that includes support from the local municipality, JobsOhio and the Ohio Tax Credit Authority; managing collaboration among local, regional and statewide entities to support the growth of the company and its creation of approximately 1,000 new jobs; and negotiating contracts in connection with the build-out of the project.
Expansion of Executive Offices
Assisted a national manufacturer in its expansion of its executive offices and additional warehouse space, including acquiring property, accessing economic incentives and negotiating and closing financing from municipal and state sources, including JobsOhio.
Restaurant Expansion Project
Negotiated and closed complex public-private financing and land assembly and purchase for a locally owned restaurant supplier’s approximately $8 million expansion project, which will create a nearly 200,000 square foot distribution center and give new life to a formerly vacant property in the City of Cleveland.
Rezone & Redevelop
Successfully represented a real estate developer in a rezoning effort that will allow the company to redevelop a vacant three-story office building and surrounding 8.5-acre parcel into a mixed-use office-retail property, bringing with it the potential for hundreds of new jobs to a suburban city.
Outside General Counsel
Acts as outside general counsel for early-stage companies, assisting them with general corporate governance and accessing funding.
Secured the 2016 Republican National Convention
Authored the winning 345-page bid to secure the 2016 Republican National Convention for Cleveland, structured complex public-private partnerships, raised more than $30 million in funding from city, county, state and private sources and successfully negotiated more than 300 major public and private service and license agreements and more than $30 million in buildout, production, transportation and service contracts
Economic Development & Incentives
Read Our Blog
Ohio’s General Assembly recently voted to temporarily double its Ohio Historic Preservation Tax Credit (OHPTC) award cap and increase, then reduce Ohio’s Opportunity Zone (OZ) Tax Credit cap. For state fiscal years 2023 and 2024, the SB 225 permits the Ohio Director...
Ohio Brownfield Remediation Program: Increasing Economic Potential Through Incentivized Community Investments
Ohio recently announced the first round of grant awards for the state’s Brownfield Remediation Program. Ohio dedicated nearly $350 million for the program administered by the Ohio Department of Development through the 2021 state biennium budget bill, House Bill 110...
A property tax reform effort that originally commenced in 2018 in the Ohio House of Representatives has been signed into law by Governor Mike DeWine and will go into effect in mid-to-late July 2022. House Bill 126 (HB 126) was sponsored by Representative Derrick...
ECONOMIC DEVELOPMENT & INCENTIVES
Jon J. Pinney
Richard A. Morehouse