Regional Economy

botanical garden enjoys busiest year on record
In 2013, the 83-year-old Cleveland Botanical Garden attracted more people than ever to its University Circle properties. During the past 12 months, 188,669 people visited the Garden, marking a 17 percent increase over the prior year’s record attendance figure of 160,000. It marks the sixth straight year of attendance increases.
 
Garden President Natalie Ronayne attributes the growth to the success of two new seasonal events, Big Spring and the holiday spectacular Glow.
 
“It’s really great to see Northeast Ohioans embracing the Garden as relevant to their lives,” Ronayne says. “One of the most appealing things about the Garden is that it can be many different things to many different people -- a place of celebration, a place of solace, a place for making new family memories. I love that people are taking advantage of that.”
 
Next up on the schedule for the Garden is the 11th annual Orchid Mania, slated to run February 1 through March 9.

cleveland, the next brooklyn, says forbes
In a CNN Money feature titled "The Fortune Crystal Ball," the publication offers up its prognostications for the coming year, among them: Which cities will be the next Brooklyns, and which the next Detroits. Spoiler alert: Cleveland is pegged as a "Brooklyn."
 
"The American geography of prosperity has been driven by two big narratives in the past few years. On the one hand, there's Detroit, with its $18 billion in debt, pension mess, and population loss. On the other, there's Brooklyn, with its rocketing real estate prices, hip-luxe condos, and freshly foraged food stores," notes the money pub.
 
So, just what cities are deemed a "breakout town"?
 
New Brooklyns
 
Cleveland. The city is in the midst of a downtown revival that has seen not one, not two, but three Williamsburg-esque neighborhoods emerge: Tremont, Ohio City, and Gordon Square.
 
Odds of it becoming the "next Brooklyn" are placed at 63%.
 
Read the rest here.

downtown dialogues sparks talk on retail and amenities needed to grow downtown
The biggest gripe of downtown Cleveland residents (and, really, downtown dwellers in most non-coastal cities) is that their city center lacks the retail and amenities they need. Being a downtown resident often means regular car trips to the 'burbs -- or somewhere that's not within walking distance -- for shopping.

Yet that's slowly beginning to change. As any commercial broker will tell you, retail follows rooftops. As downtown Cleveland gains thousands of new residents, retailers are finding a market here. The 5th Street Arcades are nearly 100 percent full, and Heinen's is planning to open a new grocery store downtown.

The topic of retail and amenities will be in the spotlight this week as Downtown Cleveland Alliance (DCA) and the City Club of Cleveland kick off a new event series. "Civic Drinks: Downtown Dialogues" will bring together developers and nonprofit leaders to discuss what downtown Cleveland needs to thrive. The kickoff takes place on Wednesday, January 8th at 4 p.m. in the former Cleveland Trust Rotunda (future home of Heinen's Fine Foods) at East 9th and Euclid Ave.

The kickoff event will feature a panel discussion with DCA President and CEO Joe Marinucci, developer Fred Geis and Tom Heinen of Heinen's Fine Foods.

“Our Downtown Dialogue events are designed to give people who are invested in the future of downtown Cleveland an opportunity to discuss what’s next for our city," said Marinucci in a release. "Each talk will feature experts in a particular area that is crucial for moving downtown forward, and will offer opportunities for small group dialogue and sharing ideas.”

Future events will tackle green space and connectivity (April 4th), livability (July 2nd) and downtown's vision plan (September 3rd).


Source: Downtown Cleveland Alliance
Writer: Lee Chilcote
5th street arcades welcomes a windfall of new retail
As recently as last year, the Colonial and Euclid Arcades downtown suffered from 40 percent vacancy. But oh, how fortunes have changed. The once-moribund properties, rebranded as 5th Street Arcades, have gone from half-empty to almost full. Fresh Water photographer Bob Perkoski spent some time in the arcades window shopping with his camera.
writer offers solution to silicon valley tensions: cleveland
Tongue firmly in cheek, Slate writer Matthew Yglesias offers up a solution to the rising tensions between tech giants like Google and Apple and the rest of the residents in San Francisco: relocate the companies to Cleveland.
 
"The Bay Area is sick and tired of the antics of entitled techies, and the nouveaux riches want a place where they’ll be appreciated. It’s time for federal authorities to step in and move the show someplace else. Cleveland, say," he writes.
 
"Cities such as Buffalo, N.Y., or Pittsburgh come to mind, although unlike Detroit and Cleveland, they lack a major airport. Plans to save Detroit, however, are a bit cliché at this point, and I worry that any tech hub you tried to build there would naturally drift over to Ann Arbor, Mich., anyway. But Cleveland’s got plenty of affordable housing, plenty of available office space, flights to every important North American city, and even its own Federal Reserve bank."
 
Read the rest of the article here.

two cleveland eateries make top 15 list of 'most memorable restaurant meals'
Larry Olmsted, the weekly "Great American Bites" restaurant columnist for USA Today, eats out a lot, and his yearly Forbes list of standout restaurant meals from the past 12 months is filled with choice bites from around the globe. Two out of the 15 are meals in Cleveland spots.
 
"One reason these lists remain pertinent is because unlike most food publications, I don’t confuse 'new' with good, and just because I ate someplace this year for the first (or fifth) time doesn’t make the restaurant better or worse. What matters is simply how good the restaurant is," he writes.
 
Red, The Steakhouse
 
"Red succeeds at the high-end steakhouse game – where so many others fail -- by getting four key things right. 1. They make a great steak, using exclusively Certified Angus Beef that is mostly dry aged, and cooking it perfectly. 2. The appetizers are amazing, especially the Oysters Rockefeller and Red House Salad. 3. The classic steakhouse sides are perfected, like creamed corn and the only mac & cheese I have ever had that might actually be too rich, as the four cheese blend includes creamy Swiss raclette – and is offered with or without lobster. 4. The desserts are stunners and the Apple Pie Croissant bread pudding was OMG!"
 
Greenhouse Tavern
 
"Chef-owner Jonathon Sawyer is a hometown hero in Cleveland for his eateries, and if you visit his flagship Greenhouse Tavern it is easy to see why. He does many of the trends that are being embraced from Portland to Brooklyn, but he does them better: he makes an extensive array of his own vinegars, breaks down his own pigs and cows for snout to tail eating and completely embraces local farmers and ingredients. But while many pay lip service to these ideals he lives them, and the food shows. It is fun and wacky fine dining that puts twists on classics from around the world: his lunch menu includes a take on iconic Quebecois poutine called “gravy frites,” which covers a platter of fries with mozzarella curds, veal gravy and sometimes fried eggs. He has gotten a lot of press for his “Properly butchered rib steak,” cut in house of course, but the must-have signatures are the crispy chicken wings confit and roasted pig’s head served with little brioche buns to make your own pig’s head sliders.
 
Check out the entire list here.
what's the economic development potential of the opportunity corridor?
In this, the second installment in a two-part series, Fresh Water development editor Lee Chilcote takes a close look at the Opportunity Corridor, a 3.5 mile planned roadway that would connect I-490 with University Circle. The project is being promoted as an economic development engine, but skeptics have their doubts.
business of beer: new breweries lift neighborhoods on rising tide of craft beer
On any given night in Cleveland, it's not too difficult to see the economic impact represented by a seemingly simple glass of suds. Breweries had an undeniably positive effect on Ohio City, and now the arrival of more breweries promises to boost the economic prospects of other neighborhoods.
new york times travel section checks into new aloft
In a hotel review in the travel section of the New York Times, writer Erik Piepenburg checks into the new Aloft hotel on the East Bank of the Flats and files a glowing review.
 
"The Aloft Downtown gives Cleveland a major boost of bright, colorful and contemporary hotel design in an area -- and a city -- not known for style-centric accommodations," he writes.
 
The article covers the rooms, amenities and available dining options. "A Saturday night meal at Willeyville included delicious vegetarian options for me (grilled sweet corn, baked gnocchi), plenty of meat for a friend and a mind-blowing fried peach pie," he notes.
 
The bottom line, concludes the author, the new Aloft is a "terrific place for design geeks, foodies and fans of rust-belt chic who like their boutique hotel on the industrial side."
 
Read the rest right here.

bad girl ventures graduates latest class, awards loans
cleveland neighborhood progress launches city life tours to highlight urban vibrancy
Cleveland Neighborhood Progress, a nonprofit community development organization, has begun offering Cleveland City Life tours to expose suburbanites, millenials, empty-nesters, boomerangs and newcomers to town to all the city has to offer.

CNP Director of Marketing Jeff Kipp says the tours really are about helping Clevelanders see for themselves the positive change taking place in the city.

"We'll do the proverbial handholding and take you into the neighborhoods," he says. "You see the positive headlines and positive trends, but a big chunk of our population doesn't have firsthand experience with the city. This is about removing that intimidation factor and bridging the gap."

Tours starts in Ohio City and include stops in Detroit Shoreway, the lakefront, University Circle, Little Italy, Midtown, downtown and Tremont. Along the way, it also touches on neighborhoods such as Cudell, Glenville and Fairfax. Each lasts two hours, costs $12 and comes with a free Live!Cleveland/City Life T-shirt.
 
"As we drive through University Circle, we can reference the excitement that's happening in North Shore Collinwood," Kipp explains, adding that while the tours can't feasibly cover the whole city, they will highlight all city neighborhoods.

The tours are being marketed through CNP's website and partner organizations such as Global Cleveland and the Downtown Cleveland Alliance. There currently are tours scheduled between Christmas and New Year's and around the Martin Luther King, Jr. holiday weekend.

"This is a way to roll out the red carpet and give a reintroduction to your Cleveland neighbors," Kipp adds.
 

Source: Jeff Kipp
Writer: Lee Chilcote
new effort aims to 'meet the needs not define the needs' of local startup community
Startups @ City Club is a new collaborative effort between the City Club of Cleveland  and the Cleveland Startup Collective to bring the startup community together in educational, social and thought-provoking environments.
 
The first event was launched at Cleveland Entrepreneurial Week in November, with speakers on technology, product development, investing and the overall startup community in Cleveland. “The main goal of the entrepreneurial speaker series is to install the values of lean startup methodology, the entrepreneurial-driven startup community and mentor-driven startup development,” says Morris Wheeler, organizer and founder of Drummond Road Capital

Speakers included Chris Heivly, founder of MapQuest, venture partner and founder of TechPint Paul Singh and Alexis Giles, vice president of business development at MOX.
 
The Cleveland Startup Collective is a grass roots organization focused on lean startup methodology – launching a new product to market in as little as 10 to 12 weeks with as little capital as possible. “Life’s too short to build a product no one wants,’ says Wheeler. “A number of us over the past two or three years believe that at its core, startups and startup investing need to revolve around the entrepreneur. ”
 
Wheeler says entrepreneurs in cities like New York, Boston and San Francisco get together on Friday nights, drink beer and discuss issues around their businesses. While casual meetings are starting to take off in Cleveland, Wheeler says the city needs more.
 
“All of the other organizations like JumpStart are important to entrepreneurial success, but in our view we need to be meeting the needs of the startup community, not defining the needs of the community.”
 
Startups @ City Club plans to host four to six events a year, some of which will be partnered with other events like TechPint. “The idea is to have many different activities,” says Wheeler. “We’ll have dialogs, educational events, pitch events and social events.”
 
Source: Morris Wheeler
Writer: Karin Connelly
missed opportunity? what must happen for new roadway to live up to its name
In this, the first installment in a two-part series, Fresh Water development editor Lee Chilcote takes a close look at the Opportunity Corridor, a 3.5 mile planned roadway that would connect I-490 with University Circle. The project is being promoted as a bike- and pedestrian-friendly boulevard, but skeptics have their doubts.
museum of contemporary art boasts impressive first-year numbers
In an Art Daily feature titled "MOCA Cleveland releases metrics of strong inaugural year in new building, Uptown," the art publication shares impressive numbers from the museum's first year in its new building.

"In the first year in their new building, MOCA delivered significantly expanded audiences and benefits," says the article.
 
Among them:
 
55,997 visitors took advantage of MOCA’s offerings, up 284 percent from recent years
 
650+ new members, tripling membership in MOCA’s new home
 
The numbers also show how MOCA’s impressive new building at the corner of Mayfield Road and Euclid Avenue acts as a beacon to draw people to University Circle and Uptown.
 
82 percent of MOCA’s visitors are coming to University Circle specifically to visit the Museum
 
70 percent of MOCA’s visitors are eating at a surrounding restaurant
 
24 percent are shopping while in the area
 
Read about the rest here.

forbes praises great lakes brewing, ohio city
In a Forbes feature titled “Beer Entrepreneurs Fuel Comeback of Struggling Cleveland Neighborhood,” staff writer Dan Alexander explores the history of Great Lakes Brewing Company and the birth of other small breweries in the area.
 
From humble beginnings to what the Ohio City neighborhood is today, Great Lakes Brewing Company has a lot to do with the area’s revival, the story confirms.
 
"Since 1986 the Conways have bought four buildings in the neighborhood, called Ohio City. They are the beer men who became unlikely leaders of the neighborhood’s revival. In the last decade, other entrepreneurs have joined the Conways in Ohio City. Since 2005, the crime rate in the neighborhood has plummeted 24%, and real estate values have more than doubled."
 
“It was a struggling neighborhood,” adds Cleveland Mayor Frank Jackson. “Twenty years later, you go over there, nighttime Friday or Saturday night, it’s going to be packed. Cars can’t move, people just everywhere.”
 
Alexander goes on to detail his meet-up with Sam McNulty, owner of six local establishments in the area. McNulty remains optimistic of the area, with everyone agreeing there is no reason he shouldn’t be.
 
Check out the full piece here.

new study on regionalism comes at ideal time, says next city
In a feature titled "Three Lessons on Regionalism," Bill Bradley, writing for Next City, outlines the findings of a report recently released by Fund for Our Economic Future.
 
"Regionalism, from Paris to Portland, offers cities with closely woven outlying suburbs opportunities to broaden their tax bases, increase minimum wages and develop unified approaches to transit -- which could, in turn, give low-wage workers better access to jobs. Advocates have touted these benefits for years. Now, a new report explores how regional collaboration can help spur economic growth."
 
The Northeast Ohio-based Fund for Our Economic Future, which along with the Knight Foundation, released the report.
 
In sum: "Data is hugely important, investing in groups that find funding can enlarge your pools of grant money, and big thinkers must be instrumental in turning those grand ideas into reality."
 
Read the rest here.

hofbrauhaus cleveland breaks ground on new restaurant, brewery in playhouse square
This week, Brauhaus Cleveland LLC broke ground on the new Hofbrauhaus Cleveland in PlayhouseSquare in the most apropos fashion -- with a German oom-pah band, sausages and huge steins of beer. Project developers aim to complete the new restaurant and brewery by the end of 2014.

"Everything started in 1589 when the Bavarian kings decided the beer wasn't good enough for them, so they created their own brewery," extolled Maximilian Erlmeier, a former Hofbrauhaus Munich executive and chairman of Cincinnati Restaurant Group. "Now, every year two million people come to the Hofbrauhaus to enjoy food and great beer, and six million come to Oktoberfest. We thought, 'We should export this.'"

Hofbrauhaus Cleveland will become the latest franchise in the growing empire, which includes locations in Cincinnati, Chicago and Las Vegas. The Cleveland site will incorporate the Hermit Club and feature 24,000 square feet of space, including nearly 600 indoor seats and more than 1,000 outdoor seats in the beer garden. The famous Hofbrau beer will be brewed on site, and Bavarian dishes will be served.

The project is a huge win for PlayhouseSquare, which has in recent years developed a vibrant restaurant scene. The Hofbrauhaus project is one of the first development deals to push PlayhouseSquare's growth north towards Chester Avenue.

"We're really excited because this is one more step in PlayhouseSquare's growth," said Art Falco, President of PlayhouseSquare. "This is an incredible destination, but we want to see more young people here. With an outdoor beer garden right by CSU and PlayhouseSquare, we think this is a home run."


Source: Art Falco, Maximilian Erlmeier
Writer: Lee Chilcote
genomic test helps men with prostate cancer choose proper treatment path
Eric Klein, chair of the Glickman Urology and Kidney Institute at the Cleveland Clinic, along with a team of researchers at the Clinic and Genomic Health, have developed a genomic test that determines the aggressiveness of prostate cancer and therefore helps doctors and patients decide the proper course of treatment.
 
“It’s a biopsy-based test that looks at how certain genes are turned on or off,” explains Klein. “Before it was developed we made an educated guess on how aggressive a man’s tumor was based on factors like age and health.”
 
Often there are multiple small tumors in prostate cancer. The Oncoptype DX Prostate Cancer test, developed for market by California-based Genomic Health, looks at the activity of certain genes within the tumor. Based on the results, treatment can range from surveillance to more aggressive treatment.
 
“We developed it in a way to tell what else is going on in the prostate,” says Klein. “About 20 to 25 percent of men who have this test are re-assigned to a different category of progression.”
 
Klein is pleased with what the test means for the treatment of prostate cancer. “First, it identifies those who have more aggressive cancer,” he says. “Second, it reassures those who choose surveillance.”
 
Klein has spent the past eight years developing the prostate genomic test. The University of California San Francisco spent three years validating the method, and it was released in May. The test is one of many advancements in genome-guided solid tumor analysis recognized by Cleveland Clinic Innovations as the number-two innovation in health care this year. Genomic Health has a similar test for treatment of breast cancer.
 
“This is the first foray into precision treatment for prostate cancer,” Klein says. “With this test a management decision can be made based on the characteristics of the tumor. It’s individual decision making based on that person’s disease. That’s’ where we want to be.”

 
Source: Eric Klein
Writer: Karin Connelly