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Trotwood City Council unanimously approved 15-year, 100% property-tax abatements on new construction for two proposed industrial facilities totaling 158,000 square feet. The developments are projected to create 170–190 jobs, generate $9.3–$10.5 million in annual payroll, and produce an estimated $255,000–$290,000 in annual city income-tax revenue.
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The abatements apply to the new buildings, not the land, and will end after 15 years, when taxes will be assessed on the full property value. The proposed facilities do not yet have confirmed tenants, but city staff said they are intended to attract manufacturing, logistics, and other industrial businesses. Agreements also include annual contributions to local schools and internships for Trotwood students.
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