Why Historic Tax Credits with Duane Van Dyke
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Transcript of Why Historic Tax Credits with Duane Van Dyke
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