Springboro in potential funding talks

City, Port Authority to work on financing on Austin Landing South.

Traffic work and potential financing talks continue in anticipation of developing Austin Landing South, a commercial project expected to result in more than $60 million in private and public investment bringing new jobs and retail options.

Last week contractors continued work on a “free-flow” rightturn lane from Austin Boulevard east of the Interstate 75 interchange onto southbound Ohio 741.

The new lane, allowing motorists to continue around the corner with out stopping, runs along the edge of the 60 acres that would be built up during future development around the interchange, which opened in 2010.

“We are also installing a median between the right turn lane and through lanes. We will widen the northbound approach to accommodate the follow-through lane for the east bound free-flow right turn. This widening will also accommodate a future dual north bound left turn lane,” Mandi Dillon, a public information officer for the Ohio Department of Transportation said in an email.

And Thursday night, Springboro City Council voted to work with the Warren County Port Authority on financing for Austin Landing South. The development is located in Montgomery County.

“This cooperative agreement in no way obligates the city to move forward with the project. This is merely for exploratory purposes at this stage of the project,” Springboro Assistant City Manager Chris Pozzuto said in a memorandum to the council.