Welcome to Heritage Ohio’s Tax Credit Workshop Toledo, Ohio 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. Historic Preservation is not about saving old buildings but: 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 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 Use Reduce 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. Schofield Building Colonial Marketplace East 4th Street, Cleveland Warehouse District, Cleveland 668 Euclid Ave., Cleveland E 9th Cleveland Euclid Ave., Cleveland Norwalk Tiffin Shawnee Newark Holland Theatre Bellefontaine Cincinnati Akron Lancaster Portsmouth Saint Clairsville Bellevue 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 .