“The biggest complement a company can pay to a community is that when given the opportunity to expand that they do it in the community they reside in,” he said. “There’s lots of competition out there for that business, but these guys have done extremely well here and we’re seeing that they want to invest locally.”
City Council is anticipated to vote next month on establishing a 30-year, 100% TIF district and funds it generates would be required to be deposited into the Darana Hybrid Redevelopment Tax Increment Equivalent Funds. This money can only be used for specifically permissible expenses, such as reimbursing the city for the infrastructure improvements, rebating payments in lieu of taxes back to the developer, or making school compensation payments per the previously approved Revenue Sharing Agreement.
The city already has plans to reconfigure the road network in front of Darana Hybrid, a nearly $4.8 million reconstruction project involving the intersection at Belle Avenue, Dixie Highway and South Erie Boulevard (Ohio 4).
Hamilton council last year approved an incentive package, which includes a 15-year, 60% Community Reinvestment Area tax abatement. The legislation being considered now is to support the TIF portion of the incentive package.
The project would add 100,000 square feet to the footprint of Darana Hybrid, nearly doubling its current footprint.
Darana Hybrid is a Native American-owned business and does design work, manufacturing and installation of conveyor systems, such as for fulfillment centers and bottling companies, and has done work for several large businesses, including Amazon, FedEx, Coca-Cola and KraftHeinz.
This legislation is expected to be entertained at the council’s next two meetings, with a vote expected on Feb. 26. That’s the same schedule for considering the TIF District area of the new Hamilton VA Clinic.
The plan is to build a new Class A community-based outpatient clinic for the U.S. Department of Affairs. The estimated $13 million project will be just under 24,500 square feet, moving the clinic from South Erie Boulevard to the corner of Gateway Avenue and Hamilton-Mason Road.
It’s expected to have more than 40 full-time employees to be added over three years. Positions include doctors, nurses and back-end administration. The planned operating hours would be similar to the current hours, 7:30 a.m. to 4:30 p.m. weekdays.
The relocated Hamilton VA Clinic will continue to be VA Community-Based Outpatient Clinic (CBOC), according to city documents as its “primary function is to provide outpatient care for the local veteran community so veterans do not need to travel to the main VA hospitals for routine care.”
The clinic will be next to other healthcare facilities, including TriHealth Bethesda Butler Hospital and Medical Campus and Gateway Springs Health Campus.
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