A new development including a hotel and a convention center is planned for Middletown Ohio. Middletown City Council approved a feasibility study with OZ Hotels & Resorts for a predevelopment plan with renderings, development budgets, and conceptual entertainment venues for a downtown mixed-use development that will enhance the downtown riverfront connecting it to the urban core downtown. The main site is an 11-acre, city-owned lot bounded by Carmody Boulevard, South Water Street and Second Avenue. The site was environmentally remediated using federal EPA Grant funds, per which no residential construction can take place on it. Commercial, retail and recreational uses are allowed. The site is an opportunity zone which incentivizes investment in economically distressed areas using tax credits.
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