This ordinance authorizes the transfer of two city-owned lots to Scioto Peninsula Holdings Ltd. for the second phase of the Scioto Peninsula redevelopment. Phase II includes 385 residential units, retail space, and a 450-space public parking garage, supporting the 2022 Downtown Strategic Plan's goals for urban density and economic vitality.
This transfer supports downtown revitalization, enhances urban density, and provides critical infrastructure to support mixed-use development.