HCDC, Columbia Township Ink Economic development agreement to promote growth

CT_stacked_4colHamilton County Development Company (HCDC) and Columbia Township have entered into an economic development agreement.  The deal calls for HCDC to promote economic development for the township.  Columbia Township Trustees voted to accept the agreement at their meeting on Wednesday night.HCDC is contracted to do economic development throughout Hamilton County, but some communities want additional assistance. This partnership allows HCDC to promote new business growth directly to Columbia Township.”We have too much vacant space,” said Mike Lemon, Columbia Township Administrator.  “We believe that HCDC will work to identify business sectors that will be able to succeed in the Township and help us attract them.”

The agreement, which will run for one year, calls for HCDC to identify prospective development opportunities and specific types of business users that may have potential for recruitment to the Township’s commercial districts. It also includes promoting Columbia Township’s economic development opportunities through direct meetings with Cincinnati area Realtors, developers, and site selection professionals.

HCDC has had similar arrangements with other municipalities and organizations including Glendale, Lockland, Wyoming and the Uptown Consortium neighborhoods around the University of Cincinnati.

“Columbia Township is able to provide a great central location for many types of businesses,” said Lemon. “We are excited about the possibility for impactful economic growth there.”

HCDC is an umbrella organization that provides a number of business-related services to the region. It serves as the economic development arm for Hamilton County. It also runs the Hamilton County Business Center, which is a small business incubator in Norwood. HCDC Business Loans are available throughout the region via the Horizon Certified Development Company.

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