TURTLECREEK TOWNSHIP, Ohio -- A 4,500-home planned community sprawling over more than 1,400 acres got its final approvals Tuesday.
Turtlecreek Township trustees signed off on a web of agreements for Union Village, according to WCPO media partner the Journal-News.
The development, which will straddle Ohio 741 near Lebanon, will include the existing main campus of Otterbein Senior Lifestyle Choices.
Union Village is expected to draw more than 12,000 residents and include a 109-acre, $15 million sports complex. Otterbein is transferring the land for the park, the Journal-News reports.
In addition to agreements to provide fire protection and other services, trustees unanimously approved tax incentives on residential and commercial development. They also approved formation of a new community authority to assess property owners and other users and use the proceeds to maintain the development, build amenities and fund services.
The township is using tax increment financing to offset the cost of construction of roads and other infrastructure for the project.
