This chapter includes a summary of Grove City’s current economic base, identification of competitive advantages and target industry opportunities for future recruitment, retention and marketing. GroveCity2050 is the Economic Development program/tool that will create additional business and employment growth, ultimately benefitting the community through an expanded income tax base.

TARGET INDUSTRY OPPORTUNIIES

A list of key industries was identified for recruitment and/or development in Grove City based on the City’s competitive advantages, industry clustering analysis, community priorities and stakeholder input.

• Health Care Services – build on synergies created by new Mount Carmel and OhioHealth hospitals to attract other types of practices.
• Techflex Districts – provide for a wide range of employment opportunities including office, institutional, research and development and light industrial.
• Education & Training – Grove City’s central location, with excellent accessibility to a broad catchment area of Franklin County, would be attractive to universities expanding their market reach.
• Administrative Services – Grove City can build on existing strengths, while broadening its agglomeration of administrative services such as human resources and training services; “back office” services such as billing, bookkeeping, payroll and account services; and other business services such as customer service, data collection, printing and application design and development.

For a full list of targeted industries and more information on the economic development strategy, please view the Economic Development chapter of the GroveCity2050 Community Plan.