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Opinion: What does the future of economic development look like?
Doug Moormann
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Emerging from the Great Recession, in 2011, we launched Development Strategies Group (DSG) as an economic development consulting firm focused on helping clients identify and secure public incentives to unlock business growth and real estate development projects.
Something worked. Since 2011, we have helped our clients secure millions of dollars in grants, tax credits and financing that have created thousands of new jobs and literally changed the landscape of our region. We’ve been a team member in developing the 84.51 building, the West End stadium, the Uptown Gateway, the Spooky Nook Sports Complex in Hamilton, the reimagined Baldwin Piano Factory and the renewed and repurposed @580 building to mention just a few.
Spooky Nook, one of the biggest development projects in the Cincinnati region, with an approximate cost of $150 million to build, is expected to open this year.
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Construction progress was unveiled Friday morning at the Spooky Nook Sports Complex, as the developer of the project gave a behind the scenes tour to show off the 1.3 million-square-foot facility.
The city of Hamilton is partnering with Spooky Nook Sports, the largest indoor sports complex in the country near Lancaster, Pennsylvania, to redevelop the former Champion Paper Mill property, a 40-plus-acre brownfield site on the Great Miami riverfront.
Hamilton city officials and and the developer say significant progress has been made on the Spooky Nook projects, Mill 1 (athletic side) and Mill 2 (hotel/conference center).
Spooky Nook is one of the biggest development projects in the Cincinnati region, with an approximate price tag of $150 million to build, and an expected draw of one million visitors annually.
Hotel, convention center proposed for âgenerationalâ development in Middletown
The project promises a mix of creative financing, including leveraging the cityâs only viable property located in an opportunity zone. The main site is an 11-acre, city-owned lot bounded by Carmody Boulevard, South Water Street and Second Avenue. (Source: City of Middletown) By Brian Planalp | March 3, 2021 at 9:37 PM EST - Updated March 17 at 8:45 PM
BUTLER COUNTY, Ohio (FOX19) - A new development including a hotel and a convention center could be coming to Middletown.
Middletown City Council approved a feasibility study Tuesday night with OZ Hotels & Resorts, which specializes in developments like this that incorporate opportunity zone financing.