- Home
- Departments
- Economic Development
Economic Development
Olmsted Township Welcomes Your Business
Olmsted Township offers great opportunities for your business. The community’s geographic location, demographic profile, suburban setting, rail access and large land development opportunities make the area a prime location for office, light industrial, distribution, retail, and specialty business investment.
The Township has commercial locations within one mile of I-480 & I-80 (the Ohio Turnpike), five miles of I-71 and Cleveland Hopkins International Airport, and eight miles of I-90. Norfolk Southern offers rail access within the community, providing further options for product distribution and diversifying connections to customers and suppliers.
The community has the most developable land in Cuyahoga County. There are approximately 80 acres of developable land zoned for commercial development in the Olmsted Joint Economic Development District (JEDD). This location offers excellent access to the regional transportation network and is the perfect location for businesses requiring light industrial and distribution space. The Town Center Planned Development District is zoned for mixed-use development. This district provides the flexibility to develop projects with integrated uses such as retail, multi-family residential and medical office. There is also the opportunity to develop light industrial buildings in the southwestern portion of the Township.
Olmsted Township has much to offer your business. With a thoughtful land use policy and updated zoning, Olmsted Township welcomes you to explore the unique opportunities available in this community on the grow.
Come Grow With Us
Olmsted Township has a total population of approximately 16,000 and encompasses 10 square miles. Our population and housing have risen 42% since 2000 and continue to grow with five additional planned developments currently approved to begin building.
Housing options are available to suit a variety of lifestyles including single-family homes ranging from an average price of $125,000 to over $600,000. Median household income is between $82,000 yearly, well about the median national average.
Businesses enjoy amenities including the Cleveland Metroparks, which is a three-time NRPA Gold Medal Award winner. The Cleveland Metroparks have 18 park reservations, (one located directly off Lewis Road in Olmsted Township) spanning more than 23,000 acres. With over 100 trails, eight golf courses, five swimming areas, more than 2,500 picnic tables, four miles of Lakefront, 700-foot toboggan chutes, and a nationally acclaimed zoo, there is something for everyone! The largest library system, Cuyahoga County Public Library, (one branch shared with the City of Olmsted Falls on Mapleway Drive), is the nation’s largest library system in per capita circulation and number of visitors. Numerous hospitals including Southwest General Health Center, University Hospitals, and the Cleveland Clinic are just a few of the options available.
The largest employer in Olmsted Township is Vitamix Corporation with approximately 900 employees. The second largest employer is the Olmsted Falls City Schools, which boasts over 400 employees. Other featured businesses include:
- American Wire & Cable
- Arbors of Olmsted
- Eliza Jennings
- First Federal of Lakewood
- Cleveland Clinic Express
Olmsted Township is a suburb of Cleveland, Ohio, and is situated on the southwest corner of Cuyahoga County. It is 20 minutes from downtown Cleveland; 30 minutes from Medina, Ohio, 5 minutes from Lorain County, and two hours from Columbus, Ohio.
Olmsted Township is located approximately three-fourths of a mile from I-480, 1 mile from I-80 (Ohio turnpike) 5 miles from I-71, and the Cleveland Hopkins International Airport, and 8 miles from I-90. These major highways and I-80 the Ohio Turnpike provide easy access to Cleveland, East to Solon and Beachwood, and west to Columbus and Cincinnati Ohio.
Cleveland Hopkins International Airport is Ohio’s busiest airport, serving more than 9 million passengers annually. It’s positioned within 500 miles of 43 percent of the U.S. population. For Northeast Ohio travelers, the airport is close - just 12 miles away from downtown Cleveland. Travelers also have the option to take the rail to CLE, a connection that, when added in 1968, was another first in the country.
Olmsted Township is within the Olmsted Falls City School District. Specialized programs include extended Kindergarten and preschool programs as well as Honors/Gifted classes are some of the many programs provided. Olmsted Falls School District is committed to providing students with a comprehensive “Triple A” experience that develops and fosters students’ Academic, Artistic, and Athletic growth. Our school district believes in and takes great pride in the academic and extra-curricular performances of their students, and is committed to the development of the whole child. Our school district is one of the top districts in the State of Ohio.
Olmsted Township also offers students the opportunity to study at the Polaris Career Center. The center offers career-path programs for 11th and 12th-grade high school students, career-technical and special interest courses for adults, and on-site corporate training and consulting services for business and industry. A modern facility coupled with a convenient location and state-of-the-art equipment and technology is just some of the reasons why Polaris is a recognized leader in career-technical skill training.
Numerous universities and learning institutions within an easy commute to Olmsted Township include:
- Baldwin-Wallace University (3.5 miles)
- Case Western Reserve University (22.8 miles)
- Cleveland State University (19.6 miles)
- Cuyahoga Community College Parma Campus (8.4 miles)
- John Carroll University (28.4 miles)
- Cleveland Institute of Art (23.4 miles)
Olmsted Township can assist your business in identifying it next location. We will partner with you during the property search or site search, helping identify state and local incentives and providing insights into the local business community.
For more information about existing properties or developable land in Olmsted Township, please contact Economic Development Director Jeremy Rowan.
Olmsted Township • Cuyahoga County, Ohio
Olmsted Township and the City of Olmsted Falls created a Joint Economic Development District (JEDD) in 2001. This District is viewed by both parties as an economic development tool that promotes local cooperation and fosters development activities without annexation. Infrastructure services have been completed by Cuyahoga County and the developable land is in Olmsted Township. Income tax from the developed land is collected to benefit both parties.
Ideal for:
- Mixed-use opportunities
- Largest undeveloped tract in the County
- Surrounded by established, affluent communities with many amenities
- Excellent major highway access
- Investment incentives are available through the Township, County, and State
Email Joint Economic Development District for further information.