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Growth of the Rockside Road Corridor
We invite you to take a video tour of Independence.
Independence, Ohio has been blessed with a location that has made it a business and corporate phenomenon in Northeast Ohio. As the leading 'edge city' to Cleveland, Independence has blossomed into a corporate and hi-technology center to more than 1400 businesses occupying the Rockside Road Corridor. More than 35,000 people now work in Independence and travel from the outreaches of every east, west and south residential suburbs.
Economic Development is important to the City and its 7100 residents. Revenues from the City Employment tax generate more than 18 million dollars yearly to City Management and Services.
The influx of companies coming to Independence has given rise to the development of more upscale hotels, franchises and retail opportunities along the business corridor. It is no wonder that this modern corporate business center in the suburban green space just 10 miles south of Cleveland is the ideal workplace for the young executive.
The City of Independence has set up a business liaison to help developers and site planners sort through the necessary details and facts important to developing or relocating to Independence. Ronald White, Executive Assistant to the Mayor, will see that each inquiry is provided with the most accurate and up to date information to make an informed decision about joining our business community.
Commercial Real Estate Listings for Independence
A quarterly newsletter, Independence Dynamics', provides our business and investment community updates to the City's site development, infrastructure and changing property demographics important to developers.
Market Facts
- The 3-mile Rockside Road corridor has more than 4 million square feet of leasable office space — over 70% of which is Class A.
- The Suburban office market, primarily made up of the Rockside Road Corridor, has the lowest vacancy rate of any Cleveland Suburban office market.
- More than 50% of the largest Suburban Commercial properties in Cleveland call Independence home.
- The business center is commanding the highest lease rates of any Class A property in Northeast Ohio (averaging more than $20.00 per square foot).
Geographic Facts
- The business crossroads of Northeast Ohio, Independence, is accessible to every major residential suburb.
- Airport is just 15 minutes west.
- Downtown Cleveland is just 10 minutes north.
- Akron is just 30 minutes south.
The challenge ahead for our City Government is to see that infrastructure improvements and city services keep pace with our continuing growth. The City is committed to keeping the momentum going and opening communication with developers and site planners.
For more information, contact Ronald White at whiter@independenceohio.org or 216-524-4131.
Economic Development
6800 Brecksville Road
Independence, OH 44131
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