Economic Development

The City of North Ridgeville is pleased to be considered as a potential location for your business. North Ridgeville is the fastest growing city in northern Ohio and sixth in the entire state.  We have consistently been rated as one of the safest cities in Ohio.
 
North Ridgeville continues to grow at approximately 200+ new homes per year, and we are currently experiencing a tremendous transformation as major road improvements as well as new business construction is underway.  
 
The City of North Ridgeville can offer incentives subject to program eligibility, availability and approval by required parties.  I've highlighted a few of them below:
  • Tax Abatement.  The City would be willing to consider tax abatement option to assist with your project.  This would mean that up to 100% of the increase in real property value resulting from the project could be exempted from real property taxes.
  • Tax Increment Financing (TIF) Districts. The City has created several TIF districts as economic development tools that allow the City to repay the debt for infrastructure improvements. 
  • Other incentives such as Job Creation Tax Credits and low interest loans for equipment may also be considered.
There are also a number of county and state initiatives that could also be considered when making your decision to locate to North Ridgeville.  North Ridgeville would like to be a partner in your continued success.  I would be happy to meet with you to further discuss the possibilities and to review in detail the above-mentioned incentives.  Please call my office at (440) 353-0811 to arrange a meeting at a time that is convenient for you.
 
© 2017. City of North Ridgeville – 7307 Avon Belden Road, North Ridgeville, OH 44039 – 440.353.0819
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