The state of Ohio’s Transformational Mixed-Use Development Program (TMUD) provides a tax credit against Development costs incurred during the construction of a project that will be a catalyst for future development in its area.
A Development includes new construction and/or improvement of vacant buildings that will have a major economic impact on the site and the surrounding area. This Development must be a combination of retail, office, residential, recreation, structured parking, and other similar uses into one mixed-use Development.
TMUD requires a rigorous Economic Impact Statement (EIS) prepared using accepted economic modeling methodologies. Our applied research team provides independent, data-driven economic impact analyses that meet TMUD requirements and help applicants clearly demonstrate the transformational value of their projects.
Our research team prepares TMUD-ready Economic Impact Analyses that quantify how proposed projects affect:
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Employment (direct, indirect, and induced jobs)
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Earnings and labor income
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State and local tax revenues
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Regional economic output
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Long-term economic activity and spillover effects
Our analyses are designed to clearly communicate economic outcomes to reviewers while aligning with Ohio’s TMUD application framework.
Our research team has completed analyses for five projects that have been funded across the four funding TMUD rounds.
Here are summaries of those projects (clients in bold):
Champion Mill Redevelopment Project
Van Wert Forward
Mercantile + Traction Block Redevelopment
Van Wert Forward II
Dayton Arcade District
