The Thompson Building in East Liverpool to receive $212,950 in state tax credit

The Thompson Building in East Liverpool in Columbiana County received a $212,950 tax credit from the state Monday to promote mixed-use developments.

The building is being rehabilitated through The East Liverpool Community Improvement Corporation, in partnership with other public and private entities.

Also supported by federal and state historic tax credits,

The redevelopment project includes residential, office, and retail uses and hopes to increase access to community healthcare services, and increase downtown foot traffic.

The project is expected to result in approximately 20 construction jobs and the creation of approximately 63 permanent jobs at the project site.

Overall, Ohio is endorsing 15 multi-use development projects in hopes of creating more than $401 million in new payroll and $2.6 billion in investments across Ohio.

“These projects are creating dynamic spaces for Ohioans to live, work, and play,” Ohio Gov. Mike DeWine said. “With these investments, we are empowering communities to better themselves for the future and spur more economic growth in Ohio.”