Revitalizing Brownfield/Landfills The State of Ohio’s Role William Murdock, Director Urban Development Division Ohio Department of Development May 5, 2008

Why are brownfields/landfills an economic development problem? Not just hazardous waste: –Disinvestment –Deterrent to New Investment –Perception of Community Problems –Magnets for Vandalism & Crime –Reduced Tax Revenue! –And… Often the municipality is liable!

What does it take to remediate and redevelop a brownfield/landfill? Vision & Planning Community Support Public Leadership Partnerships Expertise Money & Patience!

The Role of State Government Regulation to Protect Public Health – –EPA’s Role Removing Hurdles to Redevelopment – –Providing Catalysts for Remediation – –Partnerships Create Better Projects – –Resources Attract Solutions

Is there any state funding? Project must meet funding criteria Former commercial or industrial Contamination above actionable limit Current owner must not have caused or contributed to contamination Must be a viable known end use or planned use after cleanup

What does the State of Ohio offer? Ohio Department of Development Clean Ohio Revitalization Fund (CORF) - $3 M –Purpose is to Remediate and Redevelop Brownfields –Competitive scored application –Required 25% minimum match –Primary Eligible Activities Cleanup Demolition Infrastructure Acquisition –Key Successful Characteristics Known End Users with Private Investment Project team and schedule

What does the State of Ohio offer? Ohio Department of Development Clean Ohio Assistance Fund (COAF) –$750 K for Cleanup –$300 K for Phase II Assessments –On-going Applications –For Priority Investment Areas $200 Million Projects since 2001 between COAF & CORF which has leveraged nearly $2 Billion in Redevelopment!

What does the State of Ohio offer? Ohio Department of Development Brownfield Revolving Loan Fund (RLF) –Up to $1 M Low Interest Loan for Cleanup –Special Projects Eligible for Subgrants –Can be used as bridge financing –Payback begins after work completed –Example: 0% loan for cleanup with 7 year payback

What does the State of Ohio offer? Ohio Department of Development Job Ready Sites (JRS) –Up to $5 M – may include remediation –Used to create sites filling gaps in current inventory –Fosters unique, catalytic re-investments Industrial Site Improvement Fund (ISIF) –Up to $750,000 – may include remediation –Intended to prepare properties for industrial use –Only in distressed areas

What does the State of Ohio offer? Ohio EPA 10 year real property tax abatement –If VAP, then with Covenant Not to Sue –Sites have the right to opt out for TIFs, etc. Targeted Brownfield Assessments –EPA performs Phase I Assessments –No Matching Requirement –Quick Turnaround

Clean Ohio Success: Central Park of Gahanna City of Gahanna –Abandoned, Private Hazardous Waste Landfill –80+ Acres –Acquired through foreclosure/landbank –$3 Million Clean Ohio Revitalization Grant –Comprises 200 acre “Central Park” Site New Office/Tech Campus with Golf Course 1.4 Million s.f. & projected jobs

Clean Ohio Success: Gowdy Field (Columbus) Columbus Regional AirPort Authority Former Unregulated Landfill –19+ Acres –Vacant City-Owned Property –$3 Million Clean Ohio Revitalization Grant –Home of Two Major Office Buildings New Regional Corporate Home for Time-Warner 260,000 s.f. & projected 700+ jobs

More information? William Murdock, Director Urban Development Division in the Ohio Department of Development (614)