| Site Selection Criteria |
New Albany Offers |
| Highway accessibility |
- 3 easily accessible interchanges
- 7 miles of freeway visibility
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| Workforce |
- Proximity to highly-educated and skilled labor workforce
- 69% of residents hold bachelor’s degree or higher
|
| Advanced IT |
- Self-healing, 96-strand fiber optic network; access to 200 carriers
|
| Economic development incentives |
- Up to 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
- Technology credits
- Income tax credits
- Low interest loans
- Green building credits
- CRA tax abatements
|
| Land availability |
- Commercial property for sale or leasing, ranging from one to more than 100 acres
|
| Energy availability and cost |
- State of the art infrastructure
- AEP grid SMART technology
- Dual feed electric power
- $0.0706 per kWh
|
| Corporate tax rate |
- One of the region’s lowest corporate income tax rates at 2%
|
| Proximity to major markets |
- 10 minutes to Port Columbus International Airport
- 20 minutes to FTZ #138 and cargo- dedicated airport
- Within a one day’s drive of 47% of the U.S. population and 53% of U.S. manufacturing capacity
- Within 500 miles of 50% of North American population
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