Olmsted Township offers great opportunities for businesses to build and grow. Our population and housing has risen approximately 27% since 2010 with four new planned developments already approved and breaking ground. Our current median household income is between $66,000 & $70,000 yearly which is well above the median national average.
Olmsted Township has about 800+ acres of developable land which is the most developable land in Cuyahoga County. Our Town Center Planned Development has a trade area of approximately 32,000 people. The estimated household expenditure is $837M/year. 108,000 people live within a five-mile radius of our Town Center planned development and a 2016 retail marketplace analysis shows a potential retail (trade, food & drink) demand of $152,936,900 within a five-mile drive of this site.
We are within one mile of I-480 & I-80 (the Ohio Turnpike), five miles from I-71 and Cleveland Hopkins International Airport and eight miles from I-90.
We are geographically located within 500 miles of 43% of the population of the United States and Canada. Norfolk Southern rail access is within our boarders.
Olmsted Township’s geographic location, demographic profile, community setting, rail access and large land development opportunities make our area a prime location for office, lite industrial, retail and specialty business investment.