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Real Estate Purchaseapproved

city-of-new-albany-resolution-to-amend-chapter-1144_51f.pdf

City of New Albany buys land for $15 Million

$15,000,000.00City of New Albany cityLHR INDUSTRIESAugust 19, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

City of New Albany to purchase 49.424 acres parcel from LHR Industries Inc. for $15 million. The purchase aims to facilitate redevelopment of the property to benefit the community.

Contract Details

Contract Amount

$15,000,000.00

Vendor

LHR INDUSTRIES

Agency

City of New Albany city, OH

Contract Type

Real Estate Purchase

Document Date

August 19, 2025

Contract Term

NA

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