While the New Albany International Business Park receives national attention for attracting name brand businesses like Google and Discover Financial, one of the city’s greatest successes is its ability to retain businesses and promote expansion. Expansion accounts for 34% of the $4.8 billion in total investment in the park since it opened in 1998.
New Albany excels at retention and expansion by providing easy access to decision makers, prompt attention to needs, streamlined planning and expedited permitting. Five specialized business clusters encourage growth among companies with similar technology, logistics and workforce needs. Its master plan protects investment for the long term while ensuring amenities like leisure trails that contribute to employee satisfaction.