New Albany News

Market-Main intersection

Roundabout construction begins June 9

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Construction of a roundabout at Market and Main streets in New Albany is expected to begin a week later than anticipated.

Work was expected to begin May 26 but the project was delayed until June 9 while the city finalized an agreement with the New Albany Co.

The intersection improvements are expected to be done in early September.

During construction, the suggested detour for people heading north will be to take Morse Road to Reynoldsburg-New Albany Road to Dublin-Granville Road. The detour would be the reverse for travelers heading south.

The New Albany Co. is expected to fund the $4.1 million in improvements and be repaid with revenue from a Village Center tax-increment financing district, which includes the New Albany Co.'s new retail building at that intersection and undeveloped land east of CVS Pharmacy.

New Albany City Council approved the TIF legislation May 20.

A TIF is an economic development mechanism available to local governments to finance public infrastructure improvements and, in certain circumstances, residential rehabilitation, according to the Ohio Department of Development. A TIF works by locking in the taxable worth of real property at the value it holds at the time the authorizing legislation was approved.

The TIF ordinance was introduced May 6 to City Council but it was changed prior to the second reading to include the increased estimate of the intersection cost, which went from $4 million to $4.1 million.

City Council on Jan. 7 agreed to approve a plat for the roundabout at the intersection in anticipation of the New Albany Co. retail building opening this fall and the Philip Heit Center for Healthy New Albany opening early in 2015.

Councilman Glyde Marsh was the only member to vote against the roundabout. He said he has been an opponent of roundabouts for several years because he believes they create accidents.

A traffic study completed by the city recommended a roundabout. The alternate choice was to add two to three lanes at the intersection.

City officials structured the roundabout at Market and Main -- also known as Johnstown Road and U.S. Route 62 -- to accommodate pedestrians.

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