OHIO, USA — More than three dozen historic preservation projects in Ohio will receive state tax credits, according to an announcement from Ohio Governor Mike DeWine's office Wednesday.
The more than $56 million in tax credits will be applied across 37 projects, awarded through the Ohio Historic Preservation Tax Credit Program. The projects aim to preserve 42 buildings in total, and leverage approximately $715 million in private investments, according to the release.
The state said its investment in the projects will develop economic activity in Ohio through the rehabilitation of often vacant buildings, as well as preserve the state's history.
"By preserving our historic buildings, we’re retaining the unique identity of Ohio’s communities,” said DeWine in a press release. “Through the tax credit program, we’re ensuring that future generations can experience the character and stories that shaped our state in the spaces where they happened.”
Projects in northwest Ohio
The tax credits were awarded to projects from a variety of locations across the state, including two in northwest Ohio: Toledo's Riverview Tower (once called the Fiberglas Tower) on North St. Clair Street and the Stein Building on Adams Street.
The Riverview Tower project was awarded a $3 million tax credit for the $16 million project. The building's second through 13th floors will be rehabilitated for commercial and residential use. Built to headquarter Owens-Corning in 1968, renovations in the tower will preserve many historic facets of its construction, such as aluminum paneling and terrazzo flooring.
The Stein Building will receive $1.86 million in tax credits for its $8 million preservation project. The building was built in 1932 in an Art Deco style and will be preserved and developed for commercial and residential usage. The building's windows will be taken back to their original size, according to the project's description.
A full list of the remaining 35 projects is below:
Central Ohio
Ohio Opera House (Marion)
- Total Project Costs: $2.7 million
- Total Tax Credit: $550,000
Pythian Temple & James Pythian Theater (Columbus)
- Total Project Costs: $6.6 million
- Total Tax Credit: $814,000
Beerbower Building (Steubenville)
- Total Project Costs: $350,000
- Total Tax Credit: $87,500
Northeast Ohio
Broadview Savings & Loan Co. (Cleveland)
- Total Project Costs: $5 million
- Total Tax Credit: $373,000
Cedar Branch YMCA (Cleveland)
- Total Project Costs: $8.8 million
- Total Tax Credit: $1.7 million
Central Tower (Youngstown)
- Total Project Costs: $20.2 million
- Total Tax Credit: $2 million
Cleveland State University - University Tower (Cleveland)
- Total Project Costs: $91.6 million
- Total Tax Credit: $5 million
Columbia Savings and Loan Co. (Cleveland)
- Total Project Costs: $1.2 million
- Total Tax Credit: $250,000
E. F. Hauserman Administration Building (Cuyahoga Heights)
- Total Project Costs: $2.3 million
- Total Tax Credit: $250,000
ES Tripp House (Wellington)
- Total Project Costs: $528,500
- Total Tax Credit: $103,000
Herald/Powell Buildings (Barberton)
- Total Project Costs: $11.6 million
- Total Tax Credit: $1.9 million
Homeier-Universal Motor Company Building (Akron)
- Total Project Costs: $12.3 million
- Total Tax Credit: $2 million
Kerns Hall (Cleveland)
- Total Project Costs: $20.7 million
- Total Tax Credit: $596,903
Niles Masonic Temple (Niles)
- Total Project Costs: $5 million
- Total Tax Credit: $1.2 million
Project Scarlet (Rose/Sloan Buildings) (Cleveland)
- Total Project Costs: $100.2 million
- Total Tax Credit: $5 million
Samsel Building (Cleveland)
- Total Project Costs: $38 million
- Total Tax Credit: $2.7 million
South Brooklyn Savings Loan & Co. (Cleveland)
- Total Project Costs: $1.4 million
- Total Tax Credit: $180,000
Steubenville U.S. Post Office & Courthouse (Steubenville)
- Total Project Costs: $1.3 million
- Total Tax Credit: $245,000
Vitrolite Building (Cleveland)
- Total Project Costs: $3 million
- Total Tax Credit: $250,000
Young Women’s Christian Association (Akron)
- Total Project Costs: $43 million
- Total Tax Credit: $4.3 million
Southwest Ohio
1st National Bank (Cincinnati)
- Total Project Costs: $174.7 million
- Total Tax Credit: $5 million
1531 Vine (Cincinnati)
- Total Project Costs: $2.5 million
- Total Tax Credit: $250,000
1546 Elm (Cincinnati)
- Total Project Costs: $2.5 million
- Total Tax Credit: $250,000
210 Charles (Cincinnati)
- Total Project Costs: $2.5 million
- Total Tax Credit: $250,000
33 West 4th Street (Cincinnati)
- Total Project Costs: $13.3 million
- Total Tax Credit: $1.3 million
607 Main (Cincinnati)
- Total Project Costs: $5.5 million
- Total Tax Credit: $545,000
Hamilton YWCA (Hamilton)
- Total Project Costs: $5.5 million
- Total Tax Credit: $540,000
Harry Hake Building (Cincinnati)
- Total Project Costs: $7.3 million
- Total Tax Credit: $722,000
Hooper Building (Cincinnati)
- Total Project Costs: $33.6 million
- Total Tax Credit: $3.4 million
Joseph E Lowes House (Dayton)
- Total Project Costs: $711,490
- Total Tax Credit: $159,985
Middletown Building & Deposit Association (Middletown)
- Total Project Costs: $12.3 million
- Total Tax Credit: $2 million
Regal Theater (Cincinnati)
- Total Project Costs: $12.9 million
- Total Tax Credit: $1.2 million
Shuler-Benninghofen Mill (Hamilton)
- Total Project Costs: $29.1 million
- Total Tax Credit: $3.5 million
St. Leo the Great School (Cincinnati)
- Total Project Costs: $5.1 million
- Total Tax Credit: $994,500
The Bridge (Cincinnati)
- Total Project Costs: $8.2 million
- Total Tax Credit: $903,000
For a full list of the project descriptions, click here.
