Explanation
BACKGROUND: The Director of the Department of Development is proposing a Downtown Office Incentive Agreement with WSA Studio (Wandel & Schnell Architects, Inc.).
Founded in 1970, WSA Studio is located in Columbus, OH and Chicago, IL and has been committed to design spaces for the modern needs of work and learning. By integrating architecture, interior design and environmental graphic design, we help our clients achieve their business goals. WSA Studio strongly believes that an environment should engage people, propel growth, and drive profit; with their unique process is rooted in deep research. Partnering with clients to uncover rich data which allows design strategists to generate key insights that inform tailored criteria. Those insights are infused into the environment to measurably meet strategic goals and align physical space with organizational values. All together WSA Studio creates flexible spaces that anticipate change and drive greater efficiency, engagement, and productivity.
WSA Studio is proposing to expand from their current location and establish a new location in a 9,000 square foot downtown office space located at 235 N. 4th Street, Columbus, OH 43215, parcel number 010-001756 (“Project Site”), to expand and grow further into the Columbus market. Additionally, the company will create twenty (20) net new full-time permanent positions with an associated estimated annual payroll of approximately $1,700,000.00, and retain and relocate twenty-four (24) full-time permanent positions with an estimated associated payroll of approximately $2,074,876.00 at the Project Site.
WSA Studio is requesting a Downtown Office Incentive from the City of Columbus to assist in the relocation and expansion of their Columbus location.
This legislation is presented as 30-day legislation.
FISCAL IMPACT:
No funding is required for this legislation.
Title
To authorize the Director of the Department of Development to enter into a Downtown Office ...
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