State legislative leaders acting under pressure from an outside group have belatedly named the members of a panel they created to examine more than 9 billion dollars in state tax breaks given annually.
Columbus City Council last night approved legislation giving the development director the authority to negotiate the creation of a tax-increment financing district for fast food operator White Castle to expand its corporate offices on Goodale Street and create 300 housing units.
In exchange for an estimated $68-million tax abatement, the developer behind the Easton Town Center retail complex is promising to create 500 new jobs, 250 housing units and jumpstart a development fund for the nearby Linden neighborhood.
Columbus City Council last night approved two tax breaks totaling for Columbus-based Huntington Bancshares to convert a vacant Cleveland Avenue grocery store into an office building with 14 hundred workers.
Columbus City Council is expected to approve legislation giving the financial-services firm Morgan Stanley tax breaks to create 300 jobs over the next few years as part of an expansion of its offices in the Easton area.