Economic Development

Lakewood’s economy is large, diverse, and local, primarily made up of agile and thriving small businesses. Small businesses employ 75% of the 12,000 workers in Lakewood, ranging from restaurants and breweries to professional services firms. Through investments in building stock, infrastructure, and a commitment to supporting new and existing businesses, Lakewood makes it easy to do business here. 

Lakewood is a community of choice for a diverse group of residents and businesses. Alongside the character, history and charm we know so well, innovations and ideas are inspiring new energy while bolstering businesses so many people know and love. In Lakewood, small business is big business! A number of reasons for Lakewood’s renaissance include:   

• Vibrant, historic commercial corridors 
• One of the most walkable communities in Ohio 
• Home to residents who are passionate about supporting local businesses 
• Access to storefront and sign grant programs for businesses 
• Partnerships that leverage local and regional economic development collaborators 

 Thinking about opening a business in Lakewood? We are here to help!