June 2022 update

Worthington City Council approved a financial incentive package and amended Development Agreement for High North at its June 6, 2022 meeting. 

Details of the project have changed from the original proposal, approved by City Council in 2021. The new legislation replaces the previously approved Development Agreement and adds Tax Increment Financing and Economic Development Grant agreements. In addition, the legislation includes a Compensation Agreement with the Worthington Schools. 

The Shops at Worthington Place were originally constructed in the mid 1970’s and have been renovated numerous times over the past five decades. The property transferred ownership at the end of 2019, and the new owner, DRP Worthington, LP, plans to redevelop the site into a mixed-use development called High North.  This redevelopment project includes demolishing portions of the existing mall, constructing new restaurants, retail, and entertainment space, and constructing up to 200,000 square feet of Class A office space with multiple structured parking garages. The proposed redevelopment represents a good source of incremental increases in property tax revenue for the City.

June 6, 2022 - Memo and attachments (as introduced at the May 16, 2022 City Council meeting)