On Wednesday, February 1, the City of Montgomery and the Hamilton County Board of County Commissioners took important steps to advance the Gateway Redevelopment Area (GRA) project, a mixed-use development that will bring commercial space, luxury condominiums, restaurants, retail shops and a boutique hotel to the area near the intersection of Montgomery Road and Ronald Reagan Highway.
The Hamilton County Board of County Commissioners voted unanimously to sell 10 plus acres of land at the interchange of Montgomery Road and Ronald Reagan Highway to the City of Montgomery for $500,000. Later in the day, the Montgomery City Council approved the purchase of this land at their City Council meeting Wednesday evening. This land transaction ensures that Hamilton County will be partners with the City of Montgomery in the GRA Project which has been in the works since 2014 when the City purchased approximately 11.2 acres of land. With the land transaction completed, the City now owns approximately 21.5 acres of land to develop in a legacy project with the City’s preferred developer, Gateway Partners.
County Commission President Todd Portune indicated that the County is always looking for opportunities to work with political jurisdictions to foster economic growth and development and to use much needed transportation improvements as catalysts to do so, saying “This sale will enhance the economy and quality of life in Montgomery and Hamilton County. This project offers a perfect template founded upon transportation infrastructure improvements and collaborative partnerships between the County and local cities or townships that will create development opportunities all over Hamilton County.”
In addition to bringing new retail, commercial and housing opportunities to Montgomery, the GRA project is expected to improve traffic flow and safety with the installation of a round-about to replace the existing bridge on Montgomery Road which currently crosses over the terminus of Ronald Reagan Highway.
County Engineer Ted Hubbard elaborated on the new proposed infrastructure by saying, “This type of round-about improvement has the potential to create a traffic calming environment for the overall traffic flow in the vicinity of the Ronald Reagan Highway and Montgomery Road intersection, while providing improved access to adjacent properties, the new development, and the City of Montgomery.”
“The Hamilton County Board of County Commissioners and staff have greatly assisted the City of Montgomery in pursuing a vision that will add to our great community and result in an economic bounce effect that will generate approximately 1,300 jobs and augment the vitality and experience of our Heritage District”, Montgomery Mayor Chris Dobrozsi noted. “We are fortunate to be able to work with such great partners.”
County Commission Vice-President Denise Driehaus agreed with this sentiment, noting that “The Board of Commissioners appreciates the opportunity to partner with Montgomery to ensure that this project, which will likely involve close to $40 million in direct public and private investment, will be a resounding success for Montgomery, Hamilton County, and the Greater Cincinnati region.”
The City of Montgomery has provided updates on the project to its citizens as well as to State legislators including Senator Terhar, Speaker of the House Cliff Rosenberger and Representatives Bill Seitz and Jonathan Dever, and the response to the project has been entirely favorable. In addition, the City continues to work with various partners on the project including the Ohio Department of Transportation, the Ohio-Kentucky-Indiana (OKI) Regional Council of Governments, Hamilton County Engineer Ted Hubbard, Sycamore Schools and Gateway Partners, a private partnership that includes Traditions Group, Brandicorp, Greiwe Development Group, North American Properties and Sibcy Cline.
County Commissioner Chris Monzel stated that “this is the type of project that can result when people and organizations are willing to lead and serve their communities, and to be able to understand what is best for our growing County and its economy.”
There have been several crucial milestones achieved with the project, including support from ODOT, funding from OKI of $6 Million for traffic infrastructure and improvement, the land transaction between Hamilton County and the City of Montgomery and an opportunity to work with the Sycamore Community Schools. Mayor Dobrozsi stated, “To date the City has received support from all of its partners and there is absolutely no way that we could be where we are without this support.” The schedule for the initiation of this project is still being finalized as is the financing of the project and the site development plan. Mr. Dobrozsi indicated that there are many moving parts to this project, “and although aggressive, it is entirely possible that ground breaking could potentially begin in the fourth quarter of 2017. Regardless of the start date, it is our aim to bring an outstanding development that will add to our great community and County and for generations to come.”