header-left
File #: 1278-2006    Version: 1
Type: Ordinance Status: Passed
File created: 7/3/2006 In control: Jobs and Economic Development Committee
On agenda: 9/11/2006 Final action: 9/14/2006
Title: To authorize and direct the Director of the Department of Development to apply to the Ohio Department of Development, Clean Ohio Council, for emergency assistance grant funding in an amount of up to $102,000 for a Phase 2 environmental assessment at the former Kimball Midwest site at 580 W. Goodale Street; and to declare an emergency.
Explanation

BACKGROUND: The purpose of this ordinance is to authorize the Director of the Columbus Department of Development to apply to the Ohio Department of Development, Clean Ohio Council for redevelopment emergency assistance funding in an amount up to $102,000.00. The requested funding will be used to fund a Phase 2 environmental assessment at the former Kimball Midwest site at 580 W. Goodale Street. JDS Goodale, LLC acquired the 4.2 acre site in March 2006 with the intention of razing the minor buildings on the site, redeveloping the three (3) story concrete structure and incorporating it into the project plans. With the tracts located within the "Downtown" district, and its proximity to the downtown area, the site lends itself to urban downtown living. The site is situated along the Olentangy River and has an unobstructed view of the downtown skyline.

Current development plans show the construction of a 325-car parking facility, which incorporates the existing structure, to support the construction of about 250 apartments that would range in size from 500 square foot efficiencies to 1,200 square foot, two (2) bedroom units. The total estimated development cost will be in excess of $25 million dollars.

Both an environmental Phase 1 and Limited Phase 2 investigation were performed in 2004. This Phase 2 assessment will complete the Phase 2 process that was not completed by another corporate entity in 2004.

This legislation is submitted as an emergency to commence the Clean Ohio emergency grant application immediately.

FISCAL IMPACT: There are no costs to the City of Columbus associated with applying for Clean Ohio emergency assistance grant funding. If the application is approved by the State, the City of Columbus will receive up to $102,000.00 for the purpose of conducting a Phase 2 environmental assessment at the former Kimball Midwest site.


Title

To authorize and direct the Director of the Department of Development to apply to ...

Click here for full text