Whether serving as bond counsel, issuer counsel, special counsel and/or tax counsel, our attorneys structure financings for economic development projects, including office and government complexes, commercial developments, mixed use developments, and sports venues. We recognize each project is unique and work closely with clients to build a financing structure to meet their needs - advising on everything from financing terms and tax components to revenue generation. By working with our clients at each step, we provide practical, insightful counsel that keeps the project moving forward in an efficient and cost-effective manner.
We structure a variety of taxable and tax-exempt financings, including tax increment financing structures, sales tax exemption financings, revenue based financings and conduit transactions to craft the best structure for our clients’ needs. Working with local, state and regional governmental entities on economic development projects enables us to understand the processes necessary to reach our clients’ goals.
Also, we assist with implementation of a variety of other economic development incentives, including tax incentives, special assessments and the creation of new special districts and authorities.
Additionally, our attorneys work with numerous local political subdivisions in Ohio, Kentucky, Pennsylvania and Illinois on economic development projects.
Our experience includes serving as bond counsel to the Franklin County Convention Facilities Authority in Columbus and for the issuance of approximately $160 million in bonds to finance the construction of a new hotel adjacent to the convention center. Our attorneys also worked on the financings for new stadiums for the Cincinnati Reds and Bengals, the Cleveland Browns, the Pittsburgh Steelers and Pirates. Additionally, we have assisted the State of Illinois with a number of economic development projects, including working closely with the Illinois Sports Facilities Authority and the Illinois Development Finance Authority.