Business & Development

Business & Development / Business Guide

Introduction | Economic Development Insight | Business Survey

Economic Development Insight

History and Overview of Economic Development in Upper Arlington

- Economic Development History
- Economic Development Goals Mirror Community's Wishes
- Economic Development Incentives
- Recent Highlights/Achievements
- 2003 Highlights
- 2004 Highlights
- Testimonials

2003 Economic Development Highlights

- The Orthopedic Center of Excellence had its grand opening celebration in May 2003, and now contributes substantially to the City’s income tax revenues.

- The City utilized economic incentives with several new businesses in 2003, including Merrill Lynch, America’s Urgent Care, Ohio Plastic Surgeons, United Collection Bureau, and Ohio Cosmetic Dentists. Combined, these companies represent over $8.8 million in new payroll.

- First Community Village reaffirmed its commitment to Upper Arlington by announcing plans for a multi-phase comprehensive redevelopment of its campus, moving its focus from a traditional care-based community to a lifestyle-focused neighborhood that will better meet the changing needs of older adults. This represents a $38 million project, spread over several years.

- The Shops on Lane Avenue renovations made significant progress, with close to 30 establishments open for business by the close of the year. Renovation work has reconfigured the shopping center, with an outdoor pedestrian courtyard bordered by restaurants, and attractive new facades that provide direct access to many of the businesses.

- Arlington Falls, LLC announced plans to develop an office park at the corner of Henderson Road and Riverside Drive. The development will consist of 68,000 square feet of office “condominiums,” allowing smaller businesses to purchase their own space.

- Plans were announced for an expansion of the Sunny 95 facility, as its parent company brings another radio station into UA. This exciting project represents $3 million in retained payroll, with more than $1.8 million additional payroll anticipated.

- Staff worked with several Lane Avenue property owners regarding annexation to the City from Clinton Township. Efforts to bring this project to conclusion will continue in 2004.

- City Council took action to amend two existing incentive agreements. An existing Community Reinvestment Area (CRA) agreement was assigned to Rolling Rock Investment Partners, when it purchased a newly constructed office building on Sawmill Road from Long and Wilcox, LLC. Council also amended an existing CRA agreement with Horizons Companies to reduce its tax abatement incentive.

- At the close of the year, Horizons was in the process of selling a portion of its property to Professional Planning Consultants, bringing over $2 million in annual payroll to the City.

Matt Shad
Deputy City Manager-Economic Development
City Manager's Office
City of Upper Arlington
3600 Tremont Road
Upper Arlington, Ohio 43221
Phone: 614-583-5046
www.ua-ohio.net