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75% / 10-Year Tax Abatement Approved for Pizzuti Stelzer LLC's 180,000 SF Industrial Development, Creating 18 Jobs

  • When: 2025/07/23
  • Address: 2051 Stelzer Rd, Columbus, OH
  • City: Columbus
  • State: OH
  • Category: Economic Development Incentives
  • Subcategory: Tax Increment Financing
  • Asset Class: Commercial
  • Property Type: Industrial
  • Size (SF): 180,000 SF
  • Size (Units): 18 Units
  • Size (Dollars): $25,000,000.00

The Columbus City Council approved an Enterprise Zone Agreement with Pizzuti Stelzer LLC for a 75% tax abatement over ten years on real property improvements. This incentive aims to facilitate the construction of a new 180,000 square foot industrial development at 2051 Stelzer Road. The total project cost is estimated at $25,000,000, including $22,000,000 for real property improvements and $3,000,000 for acquisition. The project is expected to create eighteen new full-time permanent positions with an estimated annual payroll of $748,800. The Department of Development recommended this abatement to incentivize industrial growth in the city's central corridor.

Source

Applicant - Pizzuti Stelzer LLC


Ownership - Pizzuti Stelzer LLC


Developer - Pizzuti Stelzer LLC