Economic Development Contact Us 419.878.8100 or email@example.com
Waterville Business Development Opportunities
Fallen Timbers Business Park (FTBP)
Developed in 2007 on the south side of Dutch Road less than ½ mile west of the Anthony Wayne Trail by local business owner Thomas Duvall with assistance from the Village (now City) of Waterville, FTBP is zoned Planned Business Park, a flexible zoning classification that allows any uses permitted in C-1, C-2 and M-1 Districts such as offices, restaurants, retail sales, manufacturing and warehousing. An Architectural Review Committee and deed restrictions/site development standards are in place to assure a consistently high quality within the development.
Villages at Waterville Landing
A mixed-use project developed by Farnsworth Investors along SR (State Route) 64 at the US 24 interchange. Current anchors are a supermarket, gas station, pharmacy and a bank branch.
A 5-acre commercial shopping plaza at intersection of Michigan Ave (SR 64)/ Waterville-Monclova Road. It is in close proximity to many residential neighborhoods.
Farnsworth Industrial Park
Primarily an area for light industry along Waterville-Monclova Road between South River Road and Farnsworth Road, the Farnsworth Industrial Park was conceived by local resident J. Willard Farnsworth and incorporated in 1980. The park originally consisted of approximately fifty-nine (59) acres and had been part of the W.G. Farnsworth Orchards.
Historic Downtown Waterville
Our attractive traditional downtown retail/office area is centered at Third Street/Farnsworth Road and has recently completed streetscape improvements.
City Farm Property – Choctaw Drive
43-acre tract with water and sanitary sewer service directly south of Fallen Timbers Business Park and designated by the City’s 2012 Comprehensive Plan as a future planned business park.
Economic Development Programs
Waterville Job Creation and Retention Grant
A Job Creation and Retention Grant Program, which provides annual cash payments to qualified businesses locating or expanding employment within the City is available. A portion of the income tax paid to the City by company employees is remitted to the company in the form of a grant based on the number of new jobs and the related annual payroll. Additional information on this program is available here: Job Creation Grant .
Community Reinvestment Areas (CRAs)
Tax abatement on new construction is available for certain non-retail projects within one of the City’s three CRAs. The abatement may be up to 100% on real property improvements for up to 10 years. A School Donation Agreement equal to the reduction in revenue to the school districts is required. If interested, please fill out the Community Reinvestment Application and submit it to the City.
Other Programs and Services
Many other programs and services are available through the Federal government, State of Ohio, Lucas County, the Toledo/Lucas County Port Authority, the Regional Growth Partnership, the Lucas County Economic Development Department and the Waterville Economic Development Corporation. The City can assist in contacting the agency appropriate for a particular project. 419-878-8100.
Waterville Infrastructure / Quality of Life
Water is purchased from the City of Toledo (will be changing to Bowling Green by 2017), the distribution system owned by the City of Waterville, operated and maintained by the City Public Works Department.
Sanitary Sewer System
Sewage treatment is provided by Lucas County, the collection system is owned by the City of Waterville, operated and maintained by the City Public Works Department.
Natural Gas Service
Provided by The Waterville Gas Company
Available from Buckeye Broadband, Century Link, and Time Warner
Storm Sewer System
The storm sewer system is owned by the City of Waterville, operated and maintained by the City Public Works Department.
Police, Fire and Emergency Medical Services
The City of Waterville provides police, fire and emergency medical services through the City Police and Fire Departments.
Provided by Toledo Edison
Parks and Open Space
The City of Waterville owns numerous park areas throughout the City. Check out our Parks page for more information. Farnsworth Metropark is also located along the Maumee River within the City.
Waterville Geographical Advantages
- Located at the intersection of the new US 24 freeway and SR 64 (exit 63)
- 3 miles to I-475/US 23 and the Shops at Fallen Timbers Shopping Center
- 5 miles to the Arrowhead Park development
- 8 miles to I-80/I-90 (Ohio Turnpike)
- 12 miles to Toledo Express Airport
- Centrally located in the Anthony Wayne School District community