Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Columbus Downtown Office Incentive Agreement with AND Health, LLC (“AND Health”).
Founded in 2021, AND Health is a digital health company operating a Virtual Center of Excellence (VCOE) for the reversal of migraines. The company will soon launch a second VCOE for autoimmune conditions, including rheumatoid arthritis, psoriasis, ulcerative colitis and Crohn’s disease. The company works with employers, health plans, public entities and individuals. AND Health offers its disease reversal programs as an employer-sponsored benefit and direct to patients. The project represents the establishment and expansion of headquarters operations as well as using the on-site kitchen to allow And Health to prototype the “elimination diet as a service” for our customers/patients in Columbus.
AND Health is proposing to invest a total project cost of approximately $1,115,000 which includes $785,000 in furniture and fixtures and $330,000 in leasehold improvements to renovate and occupy a vacant office space consisting of approximately 21,303 square-feet at 2 Miranova Place, Columbus, OH 43215 parcel number 010-248905 (“Project Site”). With this investment, AND Health plans to establish a new corporate office, create 65 net new full-time permanent positions with an estimated annual payroll of approximately $6,155,000, and retain 21 full-time permanent employees with an estimated annual payroll of $1,900,000 at the Project Site.
FISCAL IMPACT:
No funding is required for this legislation
Title
To authorize the Director of the Department of Development to enter into a Columbus Downtown Office Incentive Agreement with AND Health, LLC as provided in Columbus City Council Resolution Number 0088X-2007, adopted June 4, 2007.
Body
WHEREAS, the City desires to increase employment opportunities and encourage the creation of new jobs in the City in order to improve the overall economic climat...
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