Economic Development
Crossroads assists communities in planning for and implementing economic development strategies. Crossroads understands a wide range of economic development tools to help fund projects and build the necessary infrastructure to promote economic development. These tools include TIFs, JEDDs, CEDAs and tax credits.
Crossroads has an “on the ground” approach to economic development. Crossroads helps communities plan for growth, but also helps them implement those plans through a wide range of existing tools and strategies. This includes federal and state tools, as well as reviewing zoning codes to remove barriers of development.
Area Plans
Crossroads has gone beyond the general future land use maps to create specific area plans for communities. Their purposes are many-from preventing annexation to fostering economic development. These plans are parcel-specific and include recommendations on land use and zoning updated/overlays, infrastructure and aesthetics. They also include recommendations on funding sources, tools and programs that can accelerate business development. Crossroads listens to the community and helps lay plans for specific, concrete outcomes.
Economic Development Tools
Crossroads has experience with a number of economic development tools that can aid communities. The principals each have a specific focus area listed below.
Holly Mattei
Holly Mattei has used a number of economic development tools in her career, including:
- Joint Economic Development Districts (JEDDs)
- Cooperative Economic Development Agreements (CEDAs)
- Tax Increment Financing Districts (TIFs)
- New Community Authorities (NCAs)
- Transportation Improvement Districts (TIDs)
George Mattei
George Mattei has spent over 25 years working with tax credit programs to foster development. These programs include:
- Federal Historic Tax Credit Program
- State of Ohio Historic Tax Credit Program
- Low-Income Housing Tax Credit Program
Site Analysis and Feasibility
Do you have a site that has a plan but needs the next steps to determine feasibility? Crossroads can help. The firm has significant experience in assisting communities with site-level analysis of developments that can get projects moving.
George Mattei has over 25 years of experience in real estate finance and development. He understands pro forma financial analysis of sites and has “kicked the dirt” on developments, managing architects, contractors and engineers. George understands how to analyze markets and knows the various development-related regulations and due diligence needed to complete a successful project. He has acted as project manager on developments of over $10 million for families and seniors.
Holly Mattei has experience as an Economic Developer working on both community facilities and transportation funding to foster economic development on the ground. Ms. Mattei was an instrumental partner in acquiring the Wigwam, a 63‐acre site nestled in Violet Township that previously served as a private retreat for the Wolfe family, former owners of WBNS 10‐TV and the Columbus Dispatch. It includes a 500‐seat banquet hall and 200‐seat theater that now serves residents and the region with a venue that can be rented for private and community events. This venue has been serving the Violet Township community for several years and serves as an economic driver for the community. She previously served as the Fairfield County Transportation Improvement District President and was part of a team who analyzed funding scenarios for the Fairfield County region, including the US 33/Pickerington Road Interchange and Far East Freeway – Taylor Road Ramp – Violet Township.