LIBERTY TWP., Ohio -- The first thing to be built at Liberty Center won't get much notice by shoppers who converge on the $300 million mega shopping, office and entertainment development targeted to open here in 2015.
It’s an underground detention basin that will be used to irrigate the 65-acre development off I-75 and Ohio State Route 129. The basin will also protect local streams from stormwater runoff, developers said.
“It seems to be a very environmentally friendly approach,” said Butler County Administrator Charlie Young. “You’re putting a lot of different new and cutting edge kind of thoughts into play with the pervious pavers, the water detainers under the garage and a variety of … innovative techniques, minimizing the change in run off patterns.”
The $12 million stormwater management system is being financed by a loan from the Ohio Water Development Authority, a state financing agency that started an alternative stormwater infrastructure program with the Ohio Development Services Agency last year.
Butler County records show the agencies approved a 20-year loan with a 1 percent interest rate during construction, 2.5 percent after that.
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