Three big Columbus projects granted state historic preservation tax credits

A “handful of old and empty Columbus buildings” will get new life after renovation plans were approved for Ohio Historic Preservation Tax Credits, The Columbus Dispatch reports. Eclipse Real Estate’s proposed $60.6-million transformation of the former Madison’s Department store and White-Haines buildings was granted $4.4 million in tax credits. Eclipse plans to keep the ground-floor retail, add apartments above, and add a new building for parking, commercial spaces and additional residences, according to the article. Developer Eli Adahan’s $17.6-million plans for The Broadwin apartment building received $1.755 million in tax credits. Brad DeHays proposes an $8.5-million redevelopment of the Market Mohawk Center to convert first-floor offices into apartments and retain offices on the upper floors. The project was granted $842,267 in tax credits. For more, read the full article.

Economic Development, Financial Incentives, State Updates