2,000-acre site in Delaware County to become Berlin Business Park

Berlin Township leaders “have positioned a 2,000-acre swath of county land for business use” to become the Berlin Business Park, which they anticipate will bring “a massive boost to the growing Delaware County economy,” Columbus Business First reports. Bob Lamb, economic development director for Delaware County, said, the business park “is going to bring thousands of new jobs” to the county. Lamb’s office will begin seeking tenants and will consider incentives including “a 15-year, 50% tax credit for locating in a community reinvestment area; a 20-year, 75% tax increment financing district; a 50% sales tax exemption and access to bond financing.” For more, read the full article.

Economic Development, Financial Incentives, State Updates