Governor Strickland To Launch Ibiza Development
Press Release wrote Governor Ted Strickland To Launch IBIZA
Nation’s First Hybrid-HomeÃ¢â€žÂ¢ Concept Brings Power Brokers To Short North
Ohio’s 68th Governor will cut the ribbon to launch construction of IBIZA on High, the $45 million, 11-story, first-of-its-kind condominium venture to be built in the heart of the Short North Arts & Entertainment District.
IBIZA on High and its adjoining 250-space Short North Parking Deck will be celebrated from 5:00 to 10:00 pm during the Saturday, April 5th Short North Gallery Hop by more than 300 guests comprising a Who’s Who of Central Ohio. The Governor will cut the proverbial ribbon at 5:30 pm on the IBIZA site at the corner of North High Street and Hubbard Avenue.
The buzz about IBIZA is attracting Governor Ted Strickland and other high-ranking government officials, the region’s top business leaders, journalists and artists, the culture crowd and others who like to keep their collective finger on the pulse of Columbus because it is said to be a place of many firsts.
The first massive economic development initiative in the Short North: A $45 million injection into the local economy creating 200 new jobs (100 full time permanent jobs in 23,000 sq. feet of commercial space) and sustaining 250+ construction jobs during IBIZA’s two year building phase.
The first public / private partnership to bring desperately needed parking to the Short North.
The first-of-its-kind Short North investment: IBIZA is a unique and positive example of a city creatively assisting by implementing a TIF so the neighborhood can pay for development with its own tax dollars.
The first official application of the Hybrid-HomeÃ¢â€žÂ¢ concept: IBIZA manages to merge the best and the brightest of downtown urban living with the kind of convenience once available only in suburbia. Urban living, suburban conveniences and “green” friendly design.