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Grandview Heights, Ohio

Tax-Increment Financing Evaluated. Grandview Yard is mixed-use development located in Grandview Heights, Ohio, with highway access from State Route 315 and I-670.

Grandview Yard is mixed-use development located in Grandview Heights, Ohio, with highway access from State Route 315 and I-670. Grandview Yard is directly across from downtown Columbus, The Ohio State University, the Arena District, the Greater Columbus Convention Center, and Lennox Town Center. The developer, Nationwide Realty, is proposing a mix of urban style housing types and substantial office development, including the relocation of the Nationwide Insurance corporate campus. One of the challenges associated with this analysis is that much of the proposed residential development is comprised of a different product and demographic than what the City has previously experienced. This affects pupil generation rates, persons per household factors, vehicle trip generation rates and transportation choices. TischlerBise evaluated multiple absorption schedules and assumptions for creating a Tax Increment Financing District.

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TischlerBise is a fiscal, economic, and planning consulting firm located in Bethesda, Maryland and Boise, Idaho.

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