New Albany is located just across the Ohio River from Louisville, Kentucky, and is the county seat of Floyd County, Indiana. The territory that later became New Albany was captured from the British during the Revolutionary War and was later sold to three brothers who had come from Albany, New York. They named the area after their former home.
During the 1850s, the city underwent a large growth period when shipbuilding and the expansion of railroads powered its economy. New Albany experienced a population boom and was once not only the most populated but also one of the wealthiest communities in the state. At the start of the 20th century, New Albany's economy became increasingly focused on plywood and veneer manufacturing; by 1920, New Albany had become the largest producer of plywood in the world.
New Albany is known for its low crime rates; high-quality, progressive schools; and services and facilities that make the community an attractive place to live. The city has a population of more than 36,000.
Because New Albany is close to Interstate 64, it is only minutes away from the shopping areas and business districts of Louisville. This is a huge benefit to residents who commute to work each day.
General Mills houses one of its supply chain offices in New Albany. Beach Mold and Tool is another top employer in the city.
New Albany's downtown area is included in the New Albany Urban Enterprise Zone, which is one of 26 Enterprise Zones in Indiana. It helps promote economic growth in New Albany's downtown area by providing financial incentives such as tax credits and grants.
There are currently four locally regulated historic districts (Mansion Row, the downtown historic district, East Spring Street and Cedar Bough Place) and six National Register districts in New Albany. Residents of these areas have created organizations to help each other learn about renovating and restoring these historic homes.
New Albany neighborhoods include:
There are three parks in New Albany, including Bicknell Park (two acres), Greenville Park (14 acres) and Sam Peden Community Park (104.5 acres). Each of these parks offers sports, recreation and playground facilities as well as picnic areas and shelters.
The New Albany Floyd County School District is the school district for all children in Floyd County. Approximately 11,700 students are enrolled each year, and there are 20 schools in the district.
Institutions of higher learning in the area include:
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