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BROWNFIELD SUCCESS IN PIQUA Local, State, & Federal Resources to Redevelop Blighted Properties Workshop October 20, 2015 – 11:35 a.m. to 12:00 Noon Quality.

Published byElaine Smith Modified over 9 years ago

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Presentation on theme: "BROWNFIELD SUCCESS IN PIQUA Local, State, & Federal Resources to Redevelop Blighted Properties Workshop October 20, 2015 – 11:35 a.m. to 12:00 Noon Quality."— Presentation transcript:

1 BROWNFIELD SUCCESS IN PIQUA Local, State, & Federal Resources to Redevelop Blighted Properties Workshop October 20, 2015 – 11:35 a.m. to 12:00 Noon Quality of Place…Quality of Life

2 Plan It Piqua Comp Plan Update Quality of Place…Quality of Life

3 ReDevelopment Opportunities Plan Quality of Place…Quality of Life

4 Fort Piqua Plaza Quality of Place…Quality of Life

5 Fort Piqua Plaza Quality of Place…Quality of Life STRATEGIC PARTNERS / FUNDING City of Piqua Loan - $8.5 MM H.L.L. Donations - $3.7 MM Grants; CORF, CDBG, Distress Set Aside, Targets of Opportunity - $ 2 MM Tax Credit Investors - $5.9 MM Master Tenant Equity Investor - $1.9 MM Fort Piqua Redevelopment Corp Equity Investor - $3.3 MM Interest on Reserves - $420 K Federal and State Tax Credits - $1.2 MM Total Investment FPP Renovation - $ 22 MM

6 Piqua Memorial Medical Center Quality of Place…Quality of Life

7 Piqua Memorial Medical Center Quality of Place…Quality of Life STRATEGIC PARTNERS / FUNDING RAPCA, OEPA – Notice of Violation USEPA – Consent Decree Responsible Party - $800 K Premier Health Network Records remediation Building demolition and donation of adjoining property COAF - $200 K CORF - $2 MM Total Investment Remediation/Demolition Cost - $3 MM Total Investment New School Construction - $22 MM

8 Piqua Memorial Medical Center Quality of Place…Quality of Life

9 Piqua Power Plant Quality of Place…Quality of Life

10 Piqua Power Plant Quality of Place…Quality of Life STRATEGIC PARTNERS / FUNDING Miami County Parks District (Applicant) COAF - $200 K Miami County CORF (Urban Waterfront Sustainable Reinvestment Pilot Track) - $1.4 MM Responsible Party - $384 K Total Investment Remediation/Demolition/Restoration - $1.9 MM

11 Piqua Power Plant Quality of Place…Quality of Life

12 Riverfront District Development Strategy Quality of Place…Quality of Life

13 Riverfront District Development Strategy Quality of Place…Quality of Life STRATEGIC PARTNERS / FUNDING ODOD (ODSA) Technical Assistance Grant - $50 K USEPA Communitywide Brownfield Assessment Grant - $200 K Ohio History Connection Pipeline Initiative – $4 K City of Piqua Acquisitions/Remediation/Demolition - $430 K City of Piqua Professional Services - $105 K Total Investment Acquisition/Remediation/Demolition/Design - $789 K Anticipated Investment - $20 MM plus

14 Riverfront District Development Strategy Quality of Place…Quality of Life

15 Riverfront District Development Strategy Quality of Place…Quality of Life

16 Historic East Piqua Revitalization Plan Quality of Place…Quality of Life

17 Historic East Piqua Revitalization Plan Quality of Place…Quality of Life STRATEGIC PARTNERS / FUNDING ATSDR (Existing Conditions and Vision Planning) - $148 K ATSDR (Master Plan and Implementation Strategy) - $148 K USEPA Communitywide Brownfield Assessment Grant - $100 K Total Planning/Assessment - $400 K Anticipated Investment $30 MM

18 Historic East Piqua Revitalization Plan Quality of Place…Quality of Life

19 Brownfield Success in Piqua Quality of Place…Quality of Life  Questions?  Chris Schmiesing City Planner (937) 778-2049 cschmiesing@piquaoh.org

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