Whitehall’s proactive economic development strategy producing big returns

Whitehall Mayor Kim Maggard had good news at her 2018 State of the City address: the city “now hosts 650 businesses,” and “$50 million in new payroll has been created” since she took office in 2012, Columbus Business First reports. When Maggard became mayor, Whitehall “shifted to a proactive stance to encourage business investment,” according to the article. Since that time, “incentives have drawn $60 million in business investment,” with 48 new companies, including large employers such as Wasserstrom Co. and Heartland Bank, moving to Whitehall. Of the 110 businesses that city staff members have visited, 75 percent “were maintaining or growing their employment,” adding $4.5 million in income tax revenue for the city. Additionally, the city is pursuing new development, such as the $50-million mixed-used Norton Crossing project, which will add 360 residential units as well as retail and restaurant space in 2019. For more, read the full article

Financial Incentives, Regional Updates, State Updates