New Albany International Business Park continues to attract new speculative building projects to meet growing market demand. Tenby Partners and Oakridge Development have formed a joint venture to invest $6.75 million to develop a 130,000-square-foot facility. Scannell Properties is also planning its first development here, a $30 million investment in …
Category: Development News
Virtual Business Park Tour Earns Awards
New Albany took first place for its groundbreaking business park virtual tour and video in the Most Innovative Communications category from 3CMA, the City-County Communications & Marketing Association and a PRISM award from the Central Ohio Chapter of the Public Relations Society of America. The tour also placed second in …
Amgen Announces Advanced Assembly and Packaging Facility
Amgen, one of the world’s leading independent biopharmaceutical companies, plans to build a $365 million state-of-the-art product assembly and packaging facility on 177 acres in The New Albany International Business Park. The project includes greenfield construction of a 270,000-square-foot plant featuring Amgen’s most advanced digital automation and energy efficiency …
VanTrust Expands Citing Business-Friendly Community
After completing construction and leasing of its first property here, Northeast 302, and breaking ground on the preleased Innovation I in New Albany International Business Park, VanTrust Real Estate, LLC recently broke ground on Innovation II while announcing plans to build New Albany 315 and Innovation III. When completed, VanTrust’s …
Amazon Fulfillment Center to Hire 1,000 New Employees
Amazon is investing $250 million to build a new fulfillment center in New Albany with a first-floor footprint of 700,000 square feet where it expects to create 1,000 new jobs by the end of 2024. The minimum aggregate annual payroll for those new employees is estimated to be $31.2 million. …
Amgen Announces Assembly and Packaging Facility
Amgen, one of the world’s leading independent biopharmaceutical companies, plans to to build a $365 million product assembly and packaging facility on 177 acres of land south of State Route 161 and west of Beech Road in The New Albany International Business Park. The first phase of the project is …
Data Center Investment Here Boosts Ohio’s Ranking
When Ohio clinched the number one spot in Site Selection magazine’s Governor’s Cup annual rankings for total projects per capita, New Albany had three of the top 25 projects that catapulted the state to success. Facebook’s $1 billion investment as well as new projects by Google and Amazon were cited …
Year in Review Highlights City’s Accomplishments
In a year like no other, New Albany continued to attract new business, helped existing businesses expand, opened Rose Run Park, added leisure trails and refined its path to progress through strategic planning. Facebook began serving traffic at two of five planned data centers prompting a national site selector to …
New Albany Expands Economic Development Team
The city of New Albany recently expanded its economic development team with the appointment of Michael Loges as economic development manager. Loges brings more than 12 years of development experience, including work for the Ohio Development Services Agency, city of Columbus and the Central Ohio Transit Authority. He offers expertise …
Streamlined Planning, Fast Track Permitting, Energy Attract Hyperscalers to New Albany
The same powerful combination of factors — streamlined planning, fast track permitting and abundant, affordable, renewable energy — that attracted “hyperscalers” like Google, Facebook and AWS, is expected to drive increased investment in New Albany’s Information Technology cluster in 2021.
A recent Bisnow article singles out New Albany as one …
Business-Centric City Services, Talent, Location Drive Steady Growth
In a year like no other, the New Albany International Business Park continues to experience steady growth and expansion that several businesses attribute to the city’s “business centric” approach to economic development, ideal location and strong talent pool.
Alene Candles, a leading private label candle and diffuser manufacturers, recently …
Beauty Campus Companies Ramp Up to Help with COVID-19
Multiple manufacturers in The New Albany International Business Park have demonstrated how the Personal Care and Beauty Campus’s vertically-integrated supply chain is uniquely positioned to quickly respond to needs presented by the COVID-19 pandemic. “From a production standpoint, the campus is unlike any other in its ability to align global …
Industry Leaders Applaud Beauty Campus Benefits
Featuring a highly accessible location, adapted vehicular circulation patterns and LEED-certified building standards, the New Albany Personal Care and Beauty Campus’s highly integrated hub has attracted national attention as well as hundreds of millions in private investment from some of the industry’s leading solutions providers. Coined the “Silicon Valley of …
Tech Giants Praise New Albany’ Fast, Efficient, Collaborative Approach
When it comes to landing major IT players, New Albany is much more than a triple threat. Its robust, high-speed fiber optics, triple feed electric capabilities in excess of 500 MW capacity and strong talent pipeline are coveted assets for data centers. Yet, what really sets the city apart is …
Companies Praise Beauty Campus’ Speed, Agility and Innovation
New Albany’s Personal Care and Beauty Campus, one of the City’s fastest growing sectors, offers a unique, vertically integrated supply chain that has attracted the country’s leading solutions providers in product development, design, manufacturing, packaging and distribution. Coined the “Silicon Valley of health and beauty manufacturing,” the one-of-a-kind hub has …
Why the Beauty Campus Attracts and Grows Business
The Personal Care and Beauty Campus has attracted 12 industry-leading companies seeking to benefit from common supply chain demands, workforce needs, energy capabilities and logistical considerations. Close proximity to other suppliers drives collaboration and fuels innovation. The campus is a model of agile manufacturing – products travel only 1.9 miles …
City’s Support Is Part of Campus’ Formula for Success
New Albany receives high marks from Personal Care and Beauty Campus executives and site selection consultants for its responsive, collaborative, pro-business approach and commitment to seeing businesses and employees thrive. Close working relationships between the development staff, planning commission, council, businesses and developers provide a predictable, cohesive path to development. …
NEW ALBANY GETS BUSINESS AND GROWS IT.
Corporate expansion demonstrates how New Albany anticipates what businesses need to succeed and delivers.
- Hands-On Approach
When it comes to economic development, a commitment to ongoing relationships with businesses long after the deals close has resulted in strong retention and robust expansion across the New Albany International Business Park. While …
Corporate Cluster Attracts Global Players, Game Changers and Innovators
From its pedestrian-friendly Market Square with restaurants, cafes and shops to its large expanses of technology-ready, shovel-ready sites and 50+ miles of leisure trails, it’s easy to see why New Albany is a popular choice for corporate headquarters. Now, a new video about the New Albany International Business Park’s Corporate …
New Air Route, Amenities Cater to Local Businesses
With Home2Suites joining the Courtyard by Marriott and Hampton Suites in the city, New Albany now has an abundance of hotel space that caters to corporate clients. In addition to business-centric hotels, the Estate at New Albany, on five acres adjacent to the hotels, and Noah’s Event Space on …