Westerville, OH

Westerville is a city located in Franklin County, Ohio, United States. The population was 31,811 at the 2010 census. Westerville is home to The Ohio State University Wexner Medical Center and the Columbus Zoo and Aquarium.

The city of Westerville was founded in 1805 by Colonel John W. Westervelt as a small village on the banks of the Scioto River. In 1806, Westerville became the county seat of Franklin County after it was moved from nearby Delaware. The city's early economy was based on agriculture and manufacturing; however, during the late 19th century and early 20th century, Westerville became known for its furniture production and distribution industry.

Today, Westerville is an important economic center in central Ohio with a diversified economy that includes healthcare services, research and development, information technology, financial services, insurance companies, retail businesses and manufacturing plants. The city's major employers include: Nationwide Mutual Insurance Company; Cardinal Health Inc.; American Express Company; Kroger Co.; Johnson & Johnson; GE Healthcare; Honda North America Manufacturing LLC.; Owens Corning Corporation; Intel Corporation; Procter & Gamble Company; Abbott Laboratories Inc.; Nationwide Children's Hospital (formerly Nationwide Children's Hospital Foundation); OSU Wexner Medical Center (formerly OSU Medical Center); Columbus Zoo & Aquarium (formerly Franklin Park Zoo).

Real estate in Westerville has always been an important part of the city's economy. Today there are many different types of real estate available for purchase or lease in Westerville including single family homesites/townhomes/condos/apartments/lofts/commercial properties such as office space/warehouses/manufacturing facilities etc., land parcels for development purposes etc., golf courses etc., master-planned communities such as Stonebridge Lakes Golf Resort & Club (opened 2009), Heritage Hills Golf Club (opened 2006), Riverside Village Golf Course (opened 2005) etc., water features such as White Oak Lake Park (opened 2002), Wickliffe Reservoir Park (opened 2001) etc., shopping centers such as Shops at Worthington Place Shopping Center (opened 2007), Village at Worthington Place Shopping Center (opened 2003), Westgate Plaza Shopping Center (opened 1998), TownePlace Suites by Marriott Hotel - Worthington Place Shopping Center( opened 1997).

The City of Westerville offers numerous incentives to encourage real estate investment including: property tax abatements up to 100% for five years following completion of construction or rehabilitation work on residential properties valued at $250K or less per unit if certain conditions are met including: 1) property must be owner-occupied 2) no more than 25% of units can be leased to tenants not related to the owner 3) no more than 50% of units can be leased to tenants who do not have children attending school within a one mile radius 4) all exterior improvements must be made by the owner 5) all interior improvements must be made by the owner 6) all new construction must use environmentally friendly materials 7) property cannot have been previously subject to eminent domain 8) maximum occupancy limit is four unrelated adults 9) minimum lot size is .5 acre 10)- additional incentives may apply depending upon zoning classification 11)- City offers free title search

In recent years there has been significant growth in both single family home sales and condo sales within City limits due to continued strong job growth within Greater Columbus coupled with low interest rates which make these types of investments attractive alternatives for those looking for a stable long term investment versus higher risk investments such as stocks or bonds. In addition multifamily housing developments have also seen significant growth over recent years with projects like The Commons at Worthington Place II – A Multi-Family Community featuring 154 apartments ranging from studios through three bedroom apartments designed specifically with families in mind – opening Fall 2016 – Stonebridge Lakes Golf Resort & Club featuring 248 luxury condominiums ranging from one bedroom up through six bedrooms – opening Spring 2017 – Heritage Hills Golf Club featuring 148 luxury condominiums ranging from one bedroom up through four bedrooms – opening Spring 2017 - Riverside Village Golf Course featuring 156 luxury condominiums ranging from one bedroom up through four bedrooms – opening Fall 2016 - White Oak Lake Park featuring an 85 acre park with hiking trails open year round along with two lighted tennis courts open seasonally - Wickliffe Reservoir Park featuring a 75 acre park open year round along with two lighted tennis courts open seasonally - TownePlace Suites by Marriott Hotel - Worthington Place Shopping Center featuring 128 upscale suites near The Ohio State University campus close to many amenities including restaurants shopping entertainment venues etc.- Cityof WestervilleOH.com