City of Columbus - File #: 1766-2026

• File #: 1766-2026
• Version: 1
• Type: Ordinance
• Status: Consent
• File created: 6/3/2026
• In control: Economic Development & Small and Minority Business Committee
• On agenda: 6/29/2026
• Title: To amend Ordinance No. 3009-2019 by removing undeveloped parcels from the Grandview Crossing TIF and affirming the exemption term phases for the remaining parcels; to declare the improvements to those removed parcels plus additional property adjacent to the Grandview Crossing TIF to be a public purpose and exempt from real property taxation pursuant to R.C. Section 5709.40(B) to create the new Grandview Crossing II TIF; to require the owners of those parcels to make service payments in lieu of taxes; to require the distribution of the applicable portion of those service payments to the Columbus City Schools; to establish a municipal public improvement tax increment equivalent fund for the deposit of the remainder of those service payments; to appropriate and authorize the expenditure and transfer of revenues deposited in the aforementioned Grandview Crossing II TIF Fund; to authorize the Director of the Department of Development to enter into the first amendment to the Tax Increment Fi...

Date	Ver.	Action By	Action	Result
6/22/2026	1	Columbus City Council	Read for the First Time

Explanation

Background:
Pursuant to Ordinance No. 2822-2017, the City and Wagenbrenner Development, Inc. (the “Developer”) entered into an Economic Development Agreement dated December 22, 2017 (the “EDA”) for the Developer’s approximately 55.707-acre Grandview Crossing project that will redevelop property located at the northeast corner of Dublin Road and Grandview Avenue (the “Initial Property”). In the EDA, the City committed to cooperating with the Developer to establish tax increment financing (“TIF”) pursuant to R.C. Section 5709.41 to support the urban redevelopment of the Initial Property. By Ordinance No. 3009-2019, City Council established a TIF over the Initial Property (the “Grandview Crossing TIF”). The City further agreed under the EDA that if the Developer or an affiliate acquired property adjacent to the Initial Property that the City would agree to add that property to a TIF. The City further agreed under Ordinance No. 3009-2019 that the Developer may request the TIF to be amended or readopted to allow for more than one 30-year term. 810 Grandview LLC and the Grandview Crossing Community Authority have obtained control of adjacent property to the Initial Property that encompasses the rear portion of the Franklin County Engineer’s Office’s property at 970 Dublin Road (the “Additional Property”) to be developed with approximately 300 new apartments named 4 on the Line.

This Ordinance amends Ordinance No. 3009-2019 to remove undeveloped parcels and establishes on the Additional Property and undeveloped parcels in the Grandview Crossing TIF (collectively, the “GVX II Parcels”) a new TIF pursuant to R.C. Section 5709.40(B) (the “Grandview Crossing II TIF”) to provide a one-hundred percent (100%) exemption from real property taxation on the increase in assessed value of the GVX II Parcels for a concurrent period of not more than 30 years for all GVX II Parcels. Annual service payments in lieu of taxes will be made by the owners of each of the GVX II ...