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Heath EDC approves incentive package for 1880 Kitchen including $500,000 land sale and two loans
Summary
At its Oct. 21 meeting the Heath Economic Development Corporation approved an economic incentive agreement for the 1880 Kitchen project: a $500,000 land sale for about 1.6 acres, reimbursement and loan components, permit and survey fee abatements, and a performance condition tied to a December 2027 opening timeline. The vote was 4-0.
The Heath Economic Development Corporation approved an economic development incentive agreement for the 1880 Kitchen project during the Oct. 21 meeting.
The approved package includes a $500,000 land sale for roughly 1.6 acres, a gas‑line contribution of up to $65,000, abatement of allowed city permit fees and survey fees up to $2,500, a $250,000 loan tied to vertical construction costs on a reimbursement basis, and a $150,000 additional loan disbursed upon the business opening and tied to specific…
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