The Marble Cliff Gateway Mansion has been approved for state historic tax credits, allowing the 112-year-old landmark on W. 5th Avenue to be redeveloped.
The owner, a group of developers called The Packard in Marble Cliff, is proposing a $13 million residential complex on the 1.25-acre site that would incorporate the renovated mansion. The development would include 30 new condominiums behind the mansion, five carriage house condominiums in front and four apartments and community rooms in the 15,240-square-foot mansion itself.
According to plans presented to Marble Cliff, the new buildings would continue the mansion s Tudor Revival style.
The state granted the owners $498,957 in Historic Preservation Tax Credits. The project was one of 51 approved for $26.5 million worth of tax credits Thursday, including one other central Ohio project: the $3 million renovation of the F.E. Avery and Sons Garage at 1199 Franklin Ave.