Site Selection Criteria

We partner with businesses to ensure access to the latest resources that drive growth and commerce

Business Location Factors

From our highly accessible location within 500 miles of 50% of the North American population to our pre-zoned, technology-and shovel-ready sites, New Albany meets and exceeds the site selection criteria of companies across a wide variety of industry sectors.

Skilled Labor
  • Columbus region graduates 20,000 college students each year
  • 60 college and universities in the region
  • 30 community, technical and vocational schools
  • 99% of New Albany residents have high school degrees
  • 79% of New Albany residents have bachelor’s degree
  • 40% of Columbus Region residents have associates degrees
  • 3% of Columbus region residents have bachelor’s degrees
  • Workforce training programs available through Columbus State
Highway Accessibility
  • 4 interchanges to SR 161
  • 7 miles to I-270
  • 10 miles to I-71
  • 15 miles to I-70
Proximity to Major Markets
  • Within 500 miles of 50% of North American population
  • 10 minutes to John Glenn Columbus International Airport (CMH)
  • 20 minutes from Rickenbacker Inland Port (FTZ #138)
Land and Building Availability
  • 1,425 acres of developable greenfield sites
  • Sites pre-zoned
  • Technology- and shovel-ready sites
Fast-Track Permitting and Planning
  • 25% faster permit process than competing communities
  • One-stop shop for business location planning
  • Pre-zone sites
Energy Availability and Cost
  • AEP grid SMART technology
  • Triple feed electric capabilities
  • View Data by Site for specific capabilities
Business Incentives
  • 15-year, 100% real property tax abatement
  • Ohio Job Creation Tax Credit
  • Ohio Rapid Outreach Grant
  • AEP Ohio Grant Program
  • Ohio Economic Development Contingency Grant
  • Ohio 629 Roadwork/Infrastructure Grant
  • Ohio Enterprise Zone property tax incentives
  • Community Reinvestment Act tax abatements
  • Ohio Enterprise Bond Fund
  • 166 Ohio and Regional Direct Loan
  • JobsOhio Workforce Grant
  • JobsOhio Economic Development Grant Technology credits
  • Ohio Roadwork Development (629)
  • Income tax credits
  • Low interest loans
  • Green building credits
  • Business loans for infrastructure
  • Fiber optic/technology grants
Tax Rate and Structure
  • Ohio ranked among top 5 tax climates in U.S.
  • 2% local corporate income tax rate
  • No state corporate income tax
  • No state inventory tax
  • No state personal property tax
  • No local occupation tax
  • No local wage tax
Advanced ICT Services
  • Secure, 96-strand, dark fiber
  • Tier 1 connectivity
  • Access to more than 200 carriers
  • Powered by WOW! Business
  • View Data by Site for specific capabilities
Water Capacity
  • 0 MGD current capacity
  • 3 MGD total capacity by 2018
  • View Data by Site for specific capabilities
“New Albany has great architectural standards, easy Interstate access for distribution, a progressive business community, sophisticated workforce and an excellent quality of life.”
George Vergits, Founder and Co-owner, Veriano Fine Foods & Spirits
Our public schools are rated “Excellence with Distinction,” state of Ohio’s highest ranking

Quality of Life Factors

Public Schools
  • Rated U.S. Blue Ribbon Schools of Excellence
  • Rated “Excellence with Distinction,” state of Ohio’s highest ranking
Higher Education
  • 60 colleges and universities graduating 20,000 students per year
  • 50 community, technical and vocational schools
  • 15 minutes to The Ohio State University
  • 15 minutes to Denison University
  • 15 minutes to Columbus College of Art & Design
  • 15 minutes to Capital University
  • 15 minutes to Franklin University
  • 10 minutes to Otterbein College
  • 12 Minutes to Ohio Dominican College
Housing Considerations
  • Pedestrian-friendly, walkable neighborhoods
  • Apartments starting at $600 per month
  • Variety of housing options, ranging from $150,000 to $5 million
Healthcare
  • Mount Carmel New Albany Surgical Hospital, state’s only orthopedic surgical center
  • Albany Health and Wellness Center, primary care practice and wellness services
  • Variety of primary care and specialists
  • Heit Center for Healthy New Albany, first integrated medical, fitness and wellness community center in country
Advanced ICT/Fiber Optics
  • Secure, 96-strand, dark fiber
  • Tier 1 connectivity
  • Access to more than 200 carriers
  • Powered by WOW! Business
  • View Data by Site for specific capabilities
Top 10 Employers in New Albany
  • Abercrombie & Fitch
  • Accel
  • Aetna
  • Bob Evans Farms
  • Discover Financial Services
  • KDC
  • Mount Carmel New Albany Surgical Hospital
  • PharmaForce (Luitpold Pharmaceuticals)
  • Tween Brands
Education
  • New Albany Plain Local National Blue Ribbon Schools
  • Private schools: Columbus Academy, Columbus Jewish Day School
  • 54 colleges and universities in region
  • 20,000 students graduate annually
  • 20 minutes to The Ohio State University
  • 15 minutes to Denison University
  • 15 minutes to Columbus College of Art & Design
  • 15 minutes to Capital University
  • 15 minutes to Franklin University
  • 12 Minutes to Ohio Dominican College
  • 10 minutes to Otterbein College
Quality of Life
  • Pedestrian-friendly Market Square retail district
  • McCoy Center for the Arts performance venue
  • Heit Center for Healthy New Albany
  • 30+ miles of leisure trails connect retail, schools, neighborhoods
  • Over 600 acres of public parks and green space
  • Over 900 acres of private green space
  • Wexner Park and Pavilion includes playground complex, a pavilion and green space for community gatherings
  • Rose Run Streamside Park, a passive park in the heart of New Albany
Retail Amenities
  • Market Square, pedestrian-friendly town center
  • Smith’s Mill Shoppes and Offices
  • Easton Town Center shopping and entertainment district
Healthcare in New Albany and Columbus, Ohio
  • Home to The Ohio State University Wexner Medical Center and Nationwide Children’s Hospital, central Ohio’s healthcare systems consistently rank among the best in the country according toS. News & World Report
  • Heit Center for Healthy New Albany, one of first integrated medical, fitness and wellness community center in country
  • Mount Carmel New Albany Surgical Hospital, state’s only orthopedic surgical center
  • Albany Health and Wellness Center, primary care practice and wellness services
  • Variety of primary care and specialists
  • Healthy New Albany nonprofit community wellness programming
  • New Albany Walking Club
Over 600 acres of public parks and green space and over 900 acres of private green space
“We do a lot of development in other cities. The startup and expansion in NA was the easiest and fastest for us. The speed of development and the support we have received from the city has been tremendously advantageous to us.”
Paul Judge, President, Axium Plastics