$2 Million State Historic Tax Credit To Facilitate Columbus Trolley Barn Renovation

Out with the old and in with the newly renovated.

The latest round of projects to receive state historic tax credits has been announced, including the renovation of the Columbus Electric Trolley Barns near Franklin Park Conservatory.

East Market at Franklin Park rendering via Franklin Park Civic Association Facebook

Plans were announced last October to transform the dilapidated Columbus Electrical Trolley Barn, a facility that used to store the city’s trolleys for repairs, into a mixed-use space. The renovation plan includes over 100 apartments, a market, restaurants, and parking. There are six buildings at 1600 Oak St. which are now one step closer to serving the community again.

“We’re incredibly excited to receive the award. We view this as being a massive boost to the near east side with necessary retail for the community, and further adding to the great investments made at the conservatory,” Brad DeHays, co-founder of Connect Realty, told Columbus Business First. “We look forward to working with (Near East Area Commission) on further details with the project in the next 60 days.”

The project is budgeted a $21.5 million. In addition to the state historic tax credit, funding has also been secured from Federal Historic Preservation Tax Credits.

Featured image via Franklin County Auditor.

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