Company: The Georgetown Co. Parent Company: Subsidy Source: local Location: Ohio City: Columbus Project Description: residential development Year: 2017 Subsidy Value: $72,250,000 Program Name: multiple Awarding Agency: Columbus?City Council Type of Subsidy:
Number of Jobs or Training Slots: 500 Source of Data: The data for this megadeal come from: Rick Rouan, "Easton tax break worth $68 million will also help Linden," The Columbus Dispatch, January 31, 2017, online at (click here) Bill Bush "Columbus schools left out of Easton tax-break deal," The Columbus Dispatch, February 14, 2017, online at (click here) Rick Rouan, "Columbus City Council; Pricey recycling, yard-waste deal OK'd," The Columbus Dispatch, March 14, 2017 (via LexisNexis). Notes: The City Hall granted the developer a 10-year, 100 percent tax abatement for a high-end residential development. The abatement was estimated at $68 million. In return, the company agreed to "gift" the city $5.75 million to redevelop the Linden neighborhood, but $4.25 million of that amount will be return to the company via a TIF district. Overlaps with main Subsidy Tracker data: none. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.