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Council approves three enterprise‑zone abatements for industrial, logistics and manufacturing projects after public criticism
Summary
Columbus council passed three enterprise‑zone ordinances that grant 75% property tax abatements for 10 years to projects at Rickenbacker and elsewhere; a public speaker sharply criticized the use of abatements and their fiscal effect on schools.
The Columbus City Council approved three enterprise‑zone ordinances that grant 75% property‑tax abatements for 10 years to encourage new construction and expansions at industrial and manufacturing sites.
Council members voted to approve proposals for: Rogue Fitness (Culture Ventures LLC / Culture Properties 2 LLC) to expand at 511 E. Fifth Ave.; Pizzuti Stelzer LLC to develop a proactive industrial building at 2051 Stelzer Road; and AAVII LLC (a Fairway Realty subsidiary) to develop a 110,500‑square‑foot industrial facility at 4810 Alchire Road. Each measure passed on second reading.
Councilmember Bankston, chairman of the Economic Development and Small and Minority Business Committee, said the abatements are intended to retain and attract jobs and investment in competitive markets…
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