Two companies are looking to move to Gahanna, bringing a potential for 50 new jobs and an annual payroll of about $3.1-million.

Two companies are looking to move to Gahanna, bringing a potential for 50 new jobs and an annual payroll of about $3.1-million.

Economic development manager Leah Evans told city council members March 28 that Staples is considering moving its Staples Advantage sales staff from a facility at 2228 City Gate Drive in Columbus to 6,500 square feet of space at 700 Taylor Road.

Kennedy Cottrell Richards (KCR), a firm of certified public accountants, is looking to purchase a 3,680-square-foot office building at 186 N. High St. in Olde Gahanna. KCR currently is at 383 N. Front St. in downtown Columbus.

Gahanna's development department is requesting that council authorize the mayor to enter into an Office & Industrial (O&I) incentive agreement for Staples, headquartered in Framingham, Mass. It's the world's leading supplier of office products and services, Evans said.

With worldwide sales of $25-billion and more than 90,000 employees, Staples is a Fortune 100 company celebrating its 25th anniversary in 2011.

Evans said the company has been reorganizing and consolidating and no longer would need the warehousing function at its current location near the airport. She said the company has been considering several sites and would bring 25 to 30 new jobs with an average annual payroll of $2,320,000.

David Leopold, Staples regional sales director, told council the move isn't related to Staples retail.

"You wouldn't be able to stop by and buy binders (and office supplies)," he said.

The city's incentive advisory board on March 21 voted to recommend the project for a three-year, 50-percent O&I incentive.

Evans said the total estimated incentive payment to the company would be $52,200 over three years. The net income-tax revenue to the city would be $121,800 over five years. The incentive would start in 2014, after the tax abatement for the property at 700 Taylor Road expires.

The development department also is seeking an O&I incentive agreement for KCR, which provides accounting, auditing, consulting and technical services to more than 100 governmental agencies throughout Ohio.

The firm is proposing the purchase of the office building at 186 N. High St. that has been vacant for more than a year and formerly housed the offices of Prodigy Construction.

Evans said the building has a current tax abatement of 100 percent for 10 years, and the abatement expires at the end of 2014.

The CPA firm employs nine full-time employees and one part-time employee with an annual payroll of $816,813. The company has plans to expand to 20 to 22 employees over the next five to 10 years, according to Evans.

Bill Kennedy, KCR managing partner, said the business has been around since 1999, and it has been in the Arena District for the past 10 years.

"We feel the building is in a great location," he said. "We're excited about the prospect of relocating to Olde Gahanna. The location of our new office is convenient because of the ease of access to other cities and neighborhoods within the central Ohio area. Both our employees and clients will appreciate that. Also, we are looking forward to having many amenities within walking distance of our office, including all the businesses at Creekside and surrounding area."

The incentive advisory board voted March 21 to recommend the project for a three-year, 40-percent O&I incentive. The total estimated incentive payment to the company would be $14,706 over three years. The net income-tax revenue to the city would be $107,844 over five years.

The incentive would start in 2015, after the tax abatement for the property at 186 N. High St. expires.