Why Historic Tax Credits?Why Historic Tax Credits?

An Overview

Duane Van Dyke, AIA, LEED AP

Does Ohio want to attract and retain the next generation?

Does Ohio want to attract entrepreneurs of all ages?

Does Ohio want to create jobs?

We can do it by creating cool, hip,

vibrant, walkable urban neighborhoods-

large and small.

Improving Quality of Life here in Ohio

Creating JOBS and increases property values

Contributing to income, property, and sales tax in the region

Contributing to making Ohio a success

Encouraging Heritage Tourism

Historic Preservation is not about saving old buildings but:

James H. Gilmore / Authenticity: What Consumers Really Want.

Ohio has the third most historic

structures & districts on the National Register in the

country.

This is one of our great competitive

advantages.

Historic Sites and Structures in Ohio

Ohio is not alone in recognizing the importance of Historic Tax Credits.

Heritage Ohio’s role in the Ohio Historic Tax Credit:

Goals: Large & Small Projects

Easy to UseReduce Developer’s Risk

Cleveland Arcade

Historic Tax Credit Projects in the Historic Gateway Neighborhood and Historic Warehouse District- Tax Credits were responsible for over $1 Billion in redevelopment in these two neighborhoods.

Colonial Marketplace

Schofield Building

East 4th Street, Cleveland

Warehouse District, Cleveland

668 Euclid Ave., Cleveland

Euclid Ave., ClevelandE 9th Cleveland

Shawnee

NorwalkTiffin

Newark

Holland Theatre Bellefontaine

Cincinnati

Akron

Saint Clairsville

Lancaster

Bellevue

Portsmouth

Mid Century Modern

Breuer Tower ASM World Headquarters

These Historic Buildings are one of Ohio’s Great “Natural” Resources

Ohio’s Future: This Place Matters…

…and Your Place Matters