Dublin promised up to $1.3 million to four employers this year

Our math Dublin City Council approved economic development agreements with four companies in 2026. Together they allow up to $1,098,000 in performance incentives and $200,000 in one-time location grants, about $1.3 million in all. Each passed unanimously. ^[1][2][4]

Record Northwest Bank, moving its headquarters into the planned Bridge North development, can earn 15% of net new payroll withholdings from 2030 to 2034, capped at $460,000, plus a $50,000 location grant. Minutes from the bill's first reading say about 120 employees would relocate, with plans to grow to 300. ^[1][4]

Record John W. Danforth Co. receives incentives valued at $353,000 and a $50,000 grant to lease and expand office space in Dublin, retaining 125 jobs and adding 100. ^[4]

Record InnoSource, a staffing and human resources company based in Dublin, can earn 10% of withholdings from 2027 through 2031, capped at $100,000, plus a $50,000 grant, if it signs a lease of at least seven years. The city projects about $846,000 in added income tax withholding over the term. ^[3]

Record Ruscilli Construction can earn a 10% performance incentive over five years, capped at $185,000, plus a $50,000 location grant, to buy and expand an office at 5450 Frantz Road. The minutes do not state a job count. ^[2]

Land for Ohio State

Record On July 1 council approved selling about 16.3 acres on University Boulevard to Ohio State's Wexner Medical Center for about $2.93 million, or $180,000 an acre. Ohio State must start a medical building of at least 150,000 square feet by Dec. 31, 2031, and waived job-creation incentives tied to that phase. ^[5][6]

Open question How the city will measure and enforce the job targets is set out in the agreements themselves, which we have not yet reviewed.