An investment company is considering Dublin for the site of its new corporate headquarters.
Everhart Advisors rents about 3,000 square feet in Dublin, but is looking to build an 8,000- to 10,000-square-foot corporate headquarters in the city, thanks to an economic development agreement.
Dublin City Council members this week heard the first reading of incentives that will keep the investment consulting firm in Dublin and add about 10 employees by 2019.
"The construction of a new corporate headquarters facility demonstrated Everhart's long-term commitment to Dublin," the staff report to council stated. "The company has 15 employees and expects to grow to 25-plus employees by 2019."
The company has found land near the intersection of Post Road and Perimeter Drive for a new headquarters, said Jeremiah Gracia, Dublin economic development administrator.
"They have identified four parcels at Perimeter and Post Road," he said, adding private companies own two parcels of about 2.8 acres of land and the city owns the remaining two parcels of about 0.92 acre of land.
Everhart is in discussions with companies for the two parcels of land and per the economic development agreement proposed this week the city will transfer another 0.74 acre to Everhart. The land to be transfered to Everhart is valued at $37,500.
All parcels of land require rezoning before the headquarters can be built there, Gracia said.
"The transfer of the city land is contingent on rezoning," he said.
Everhart is scheduled to go before the Dublin Planning and Zoning Commission with a preliminary plan Feb. 6, Gracia said. The company hopes to have rezoning approved by July and to begin construction by September, the staff report to council stated.
City Council is expected to vote on the economic development agreement at the Feb. 10 meeting.
Councilmen this week also approved a dedication of 0.57 acre of right-of-way and 0.13 acre of temporary easement to the Ohio Department of Transportation for the Interstate 270/U.S. Route 33 interchange project.
City Manager Marsha Grigsby said ODOT is working on design and right-of-way acquisition for the project.
Aesthetics for the interchange proposed late last year by Maryland-based Creative Design Resolutions have also been approved by ODOT, Grigsby said.
A committee selected a design that will depict the Scioto River and Celtic accents on bridges and piers.