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The goal of Urban Land Assembly Program (ULAP) is to encourage the redevelopment of vacant and underutilized commercial and industrial sites in targeted Hamilton County inner-ring suburban communities. There is an identified demand in the business sector for developable industrial and commercial sites in the urban areas of Hamilton County. ULAP is designed to assist urban communities prepare a supply of sites to meet this demand. Redevelopment of urban sites presents challenges not encountered when developing previously undeveloped sites, including overcoming negative perceptions, remediation of environmental concerns, demolition of existing buildings and the assembly of numerous small properties to create a larger site. These challenges, and the costs associated with overcoming them, often discourage businesses and developers from investigating and preparing these sites for redevelopment. ULAP is designed to assist businesses, developers and local communities in the "pre-development" phase of potential projects. The State of Ohio will spend millions of dollars in urban redevelopment funds via the Clean Ohio Fund over the next three years. Additional funding may be available through the Environmental Protection Agency. As Hamilton County businesses grow and expand, redevelopment of urban sites provides an opportunity for distressed inner-ring suburbs to capture some of this investment. ULAP can assist these communities in this highly competitive environment. In 2004, HCDC created a new web site, www.RedevelopmentSites.com, to help Hamilton County communities market these sites to developers and businesses.
If you have any questions about ULAP or have a potential project that needs assistance, please contact the Economic Development Office at (513) 631-8292.
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