Pataskala approves CRA, TIF for large-scale facility

An agreement between the City of Pataskala and developer TPA Group LLC “clears the way for a new distribution-style facility’s construction in the Mink Street and Refugee Road area of the city,” the Newark Advocate reports. Pataskala Council approved a Tax Increment Financing (TIF) agreement and Community Reinvestment Area (CRA) for the “1.2 million square foot warehouse/distribution facility” and site improvements, according to the article. City Administrator Tim Hickin said the TIF agreement “will allow TPA to recoup costs related to public infrastructural improvements” in the area that is “prime for development.” For more, read the full article

Economic Development, Financial Incentives, State Updates