Despite doom and gloom in the national press about the economy, here in Central Ohio there is still job growth, a stable housing market and people/businesses looking to move to the area!

Announced this week, New Albany is hoping to gain 245 jobs through an income-tax incentive agreement with a company in the village’s business park.

This is after the decisions made at the council meeting on Tuesday where they approved a 2-percent abatement that would return 15 percent of the abated money to the business if the jobs were created. The incentive itself would kick in after an existing property-tax incentive expires in three years. The company concerned cannot be named at present as they are currently in the process of an abatement at state level.

The company which this effects rents a building in the business park and has extra space to expand. The company is hoping to move the 245 jobs, which have an average yearly salary of $65,000 from another location in Hartford, Connecticut.

This is definitely exciting news for New Albany and it shows that the business park is really on the grow!

If you are looking to purchase a property in New Albany, Gahanna, Blacklick, Westerville, or another Central Ohio community, please contact The Raines Group. We offer professional real estate advice and are happy to help you achieve your real estate goals. Please contact us today via our online contact form or by calling The Raines Group at 614-418-7417.

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