Created in 2006, the Finance Authority provides a variety of flexible and creative economic development financing solutions. Since its formation by the Franklin County Commissioners and the City of Columbus, the Finance Authority has facilitated over $2 billion of financing for real estate development, energy efficiency and non-profit investments. During Dr. Alutto’s time as Board Chair, over $847 million in financing was approved for projects such as Grandview Crossing, White Castle, Bridge Park, and Founders Park.
Project Spotlight – Grandview Crossing
The Columbus-Franklin County Finance Authority supported Grandview Crossing developed by Thrive Companies
with a lease and infrastructure financing. Grandview Crossing is a 55-acre mixed-use development on the former Dublin Road Landfill. Portions of the site are located in the City of Columbus and Grandview Heights. The site is in the process of being transformed from the former blighted landfill to premium offices with adjacent structured parking, a hotel, apartments and retail.