Saturday, March 19, 2011

Council accepts $6.1M for brownfields projects - Business First of Columbus:

Air Purifiers Nashvillea
million in Clean Ohio RevitalizationFund grants. Columbua City Council on Monday evening accepted the grantsa for the three projects about two months after the approved the funding. The projectsw include major overhauls to the former site onthe city'sd south side and the former site at East Fifth Avenuee between North Fourth Street and Interstate 71. The projects receivedx $3 million each in Clean Ohio funds, while the facilityg on Goodale Boulevardreceived $102,0090 for an environmental assessment of the site that developerr must complete before it can proceed with a $25 millionn project that includes a 325-car parkingv facility and 250 apartments.
Cynthia Rickman, a spokeswomaj for the city Department of said the assessment marks the secon phase of theongoing project. The formefr Techneglas facility sits on 48 acres that Columbues developer Martin Katz bought in 2005for $2 million. The planr had closed in August 2004. Katz has partnered with Don Garlikov andNew York-based . to create Tech a 1 million-square-foot facility that could employ as manyas 1,500. Katz told Businesss First in July he alreadu had attracted three tenants that brought 40 jobs to the Demolition began earlier in the year on the former CoatedFabricsz site, which Columbus-based and Campus Partners for Communitt Urban Redevelopment Corp. are turning into a $35.
5 million developmen t of homesand apartments, along with 1.5 acres of green space and a community center. The city boughyt 17.4 acres of the 21.6-acrse property in 2006, and the Clean Ohio funding clearsx the way for the purchase of an additional four Rickman said. The Cleabn Ohio Fund was created in November 2000 when voters approvedthe $400 milliojn initiative.

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