Economic Development and Business
Welcome to the City of New Franklin!
We are conveniently located near all of the amenities the Akron metropolitan area has to offer: a number of cultural and entertainment venues, nationally-accredited educational institutions, and an abundance of recreational assets.
Businesses in New Franklin, Ohio have the benefit of being centrally located within an economic corridor bordered by two major highways (I-76 & US-21). Eight miles to the south is the Akron-Canton Airport (CAK) which provides service to multiple carriers and dozens of non-stop destinations.
The City of New Franklin provides the services you need to make your business thrive:
• Situated between two major highways
• Investing millions in new water lines to provide reliable and safe drinking water to residents and businesses
• Direct access to the Portage Lakes State Park and the popular Towpath trail, not to mention the Lakes Entertainment District
You will quickly find the city to be a wonderful place to cultivate and grow your organization.
Additionally, residents find living in New Franklin is especially enjoyable as the City possesses rural charm while providing business-friendly amenities such as real estate tax abatement, attractive PACE financing and Tax Increment Financing to support infrastructure for expanding and new businesses, access to developable property for both commercial and residential as well as abundant recreational amenities such as sailing, fishing, canoeing and pontooning around the Portage Lakes.
What “economic development” means to you will depend on the community you live in. Each community has its own opportunities, challenges, and priorities. Successful economic and community development retains and attracts talented people and communities that provide quality jobs and great places to live and work are a magnet for folks of all ages. In the City of New Franklin, Economic Development means attracting and growing businesses, creating, and retaining jobs, and making our community a better place to live for our residents and business owners who invest here.
inSITE Advisory Group has provided outsourced Economic Development Services to the City of New Franklin since 2014. If you have any inquiries related to the City’s economic and community development initiatives, you may contact inSITE at: