There are currently eight redevelopment areas in Columbus that have been identified in the 2028 Comprehensive Plan. The areas are as follows:
- 2nd Avenue
- 5th and 6th Avenue
- Medical Center
- East Highlands
- Wynnton Road Corridor
- Lawyers Lane
- Baker Village
Planning staff has completed the analysis of three of those areas that include: 5th and 6th Avenue, Medical Center and Baker Village.
The Planning Department along with the Department of Community Reinvestment are currently assessing the remaining five areas. Staff is working diligently to compile up-to-date land use of the redevelopment areas and studying the latest census data to determine where the boundaries of these areas should be.
The Planning Department, along with other departments within the city, have put together The Columbus Redevelopment Directory to provide an update on the different redevelopment areas in Columbus.
Established to revitalize the area's residential neighborhoods, while creating and retaining jobs for residents. Business and residential developments which plan to invest in this area, are given special state and local tax incentives and possibly other fee exemptions.
The Opportunity Zone Program was adopted in 2015 to provide an incentive to businesses and developers to create jobs within the boundaries of a designated Opportunity Zone
Overlay Districts promote and enhance the aesthetic qualities of development within the arterial road corridors through the implementation of land use regulations, and within which amenity features are encouraged.
Tax Allocation Districts (TAD) are established for the purpose of catalyzing investment by financing certain redevelopment activities in underdeveloped or blighted areas using public dollars. Redevelopment costs are financed through the pledge of future incremental increases in property taxes generated by the resulting new development. Typically, upon ceration, TADs have vacant commercial and residential properties, blighted conditions and numerous vacant buildings or are in need of significant enviornmental remediation.