Owners of former Columbus Castings site plan $100M investment in three new buildings

The South Side Columbus property that was home to Buckeye Steel Castings and later Columbus Castings for over 130 years could get a $100 million redevelopment, The Columbus Dispatch reports. Atlanta-based Stonemount Financial Group plans to invest “at least $100 million to build three light-industrial buildings that would bring new life” to the neighborhood, according to the article. Dusten Estes, vice president of Stonemount, said the company plans to break ground “within 90 days, contingent on tax breaks from the city of Columbus.” Estes said the company tries “to create class A industrial buildings” and puts time and attention “into site planning and tenant-friendly amenities.” For more, read the full article.

Economic Development, Financial Incentives, State Updates