Diversity of high-quality businesses within the city of Strongsville is key to continued economic success, according to Strongsville Mayor Tom Perciak.
“The city of Strongsville is home to a growing base of international companies that provide critical tax revenue to the city while creating high-quality employment opportunities to our residents,” Perciak says.
Brent Painter, director of economic development for Strongsville, adds that the numbers also support that stance: While 82% of Strongsville’s funding comes from income tax, the top 10 taxpayers only comprise 12% of the total collection, with the top taxpayer only making up 2.34% of the total collection.
“Many suburban communities have one or two big payers, but Strongsville’s strength lies in the diversity of our business community so we’re not relying on just one income tax payer to pay most of our income tax,” Painter says. “For example, if you have one income tax payer who is paying up to 20% of a city’s income tax and they close up shop, that’s a really bad day. It also protects us in the case of some type of economic downturn.”
Strongsville has focused on creating a diverse business base for many years, and yet, the city hasn’t let up in creating opportunities for new businesses to flourish.
“We have general industries areas and four business parks in our community that allow for light manufacturing and research and development,” Painter says. “The community has embraced it, and we’ve seen tremendous growth within those parks that has benefited our financial situation significantly.”
Auto parts manufacturer Schaeffler opened a 250,000-
square-foot building that will encompass its new North American headquarters for its automotive aftermarket division.
The facility is slated to bring 110-plus jobs to the city.
CCL, a large label manufacturer, is opening a new North American headquarters in Strongsville.
The headquarters will include 212,766 square feet of manufacturing, office and R&D facilities within the Strongsville campus.
Momentive Technologies, a leader in producing quartz and ceramic technologies, will bring 97 new jobs, $7 million in new annual payroll and a $25 million investment to Strongsville.
The conversion of The Village Inn and the Super 8 Motel into a Dunkin Donuts and Sheetz, respectively, also promotes the redevelopment of Strongsville, Painter says.
“It’s getting rid of a building that’s seen better days and promoting redevelopment within those locations,” he says, noting that neither project has gone through the full approval process yet.
Camden Woods, a 31-acre parcel, will be transformed into 82 new luxury two- to three-bedroom townhomes.
A $31 million investment, the new development will bring in housing stock for younger professionals who may not yet want a single-family home or even empty nesters who want to stay in the community but who aren’t ready to move into a senior living facility.
“We’re really excited about this project and the type of housing it’ll introduce into our community,” Painter says.