COLUMBUS (WCMH) – Ohio Gov. Mike DeWine and Lt. Gov. Jon Husted announced Wednesday that a more than $1 billion investment in business growth is coming to central Ohio.

The Columbus Innovation District will bring together the Ohio State University, JobsOhio, and Nationwide Children’s Hospital to create a $3 billion impact over the next decade, according to DeWine.

“Today, we’re building on our strengths and bringing these talents and assets together to create a mighty medical force,” the governor said.

The Innovation District, located on OSU’s West Campus will include an Interdisciplinary Research Facility, an Energy Advancement and Innovative Center, an Outpatient Cancer Facility, and the region’s first proton therapy facility to treat cancer patients.

Over the next decade, DeWine said they hope to create 20,000 new jobs, including 10,000 in the technology and healthcare fields.

“It’s really about being a welcoming place with our eye on the future,” said Columbus Mayor Andrew Ginther.

The state believes the district will give students the opportunity to learn, but then also, once they graduate, choose to stay in Ohio.

“Making Ohio not just a place to attend college, but the place to build one’s future,” DeWine said.

“The Columbus Innovation District brings together leading area institutions that will have worldwide impact on the future growth and advancements in healthcare and education,” said J.P. Nauseef, JobsOhio President.

The announcement marks the third district in Ohio. The state previously announced both the Cleveland Innovation District and the Cincinnati Innovation District.