Regional Economy

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atlantic tells story of maron family and east fourth
In a recent The Atlantic piece titled “If You Build It, They Will Come: How Cleveland Lured Young Professionals Downtown,” writer Sophie Quinton tells the story of how the Maron family transformed a vision into the East Fourth Street Clevelanders know and love today.
 
"When the Maron family decided to redevelop an entire city block in downtown Cleveland, the area was so blighted no restaurateur would lease space there. A decade later, the East Fourth... Read more >
study shows small startups have huge economic impact on the region
An annual study conducted by CSU’s Center for Economic Development at the Levin College of Urban Affairs shows that start-up companies in Northeast Ohio contribute significantly to the economy. The study surveyed tech-based companies that received assistance, either financially or in services, through JumpStart or the North Coast Angel Fund.
 
The 127 companies who participated in the study generated $211 million in economic benefits in Northeast Ohio in 2012, $... Read more >
welcome weekend draws a dozen artists ready to sign leases, move here
Welcome to Cleveland, an artists' visitation weekend hosted by Northeast Shores CDC and the Community Partnership for Arts and Culture, drew about a dozen artists to Cleveland, many of whom have signed leases and are expected to move here.

"The weekend exceeded our expectations by far," says Brian Friedman, Executive Director of Northeast Shores. "We didn't know they'd be so ready to go."

The artists were impressed not only by Clev... Read more >
bruell's new burger shack dynomite debuts in star plaza at playhousesquare
Zack Bruell used to watch PlayhouseSquare office workers sit outside at Star Plaza and eat sandwiches in the park. He thought, They could be my customers. Now, thanks to Dynomite, a new fast-casual burger shack in the Star Plaza kiosk, many of them are.

During its first week, Dynomite frequently had lines 30-people deep and ran out of hamburger buns by 3 p.m. (don't worry, they ordered more). Bruell hopes this is an omen.

"I was basically opening it so t... Read more >
young companies and startups aid both local and state economies
In a Techli story titled “Greater Cleveland Startups Improve Ohio With Jobs, Tax Dollars and Impact,” writer Annie Zaleski explores how important startups and young companies are to the success of a region’s economy.
 
In a study from Cleveland State University, a report found that 127 young companies generated $270 million in economic benefits for Ohio in 2012 alone.
 
“The companies in the report -- a group comprised of businesse... Read more >
weekend escape plan for cleveland
In its regularly occurring travel feature "The Five-Point Weekend Escape Plan," New York magazine highlighted a contemporary arts-focused trip to Cleveland. Titled "See Cutting-Edge Contemporary Art in Cleveland," the article touches on where to stay, where to eat, what to do and other insider tips.
 
"This Rust Belt city is transforming into a thriving art hub thanks to two stunning new museum openings and a growing number of galleries,"... Read more >
npr takes close look at cleveland's image
In an NPR story titled “Making Sense Of Cleveland’s Good And Bad News,” Nick Castele writes of the national attention Cleveland has gotten due to its recent high-profile crimes.
 
Castele shares Colette Jones of Positively Cleveland’s thoughts on our fair city as she states, "I think most people have outdated perceptions of Cleveland. Most people don't really know much about the city. I think the things they see typically relate back t... Read more >
university circle development praised in ny times
In a New York Times travel story titled “Culture Blooms in Cleveland,” Ceil Miller Bouchet writes of Cleveland’s University Circle neighborhood and how it is experiencing a “cultural renaissance” of sorts. 
 
“More art-centric expansion is to come, with the Cleveland Institute of Art breaking ground last month on the 80,000-square-foot George Gund Building, which will house the Cinematheque art-house film theater as well as gal... Read more >
got to get down to hingetown: introducing ohio city's next hot block
Over the next few months, a handful of next-gen businesses will begin to open in the Striebinger Block, a prominent building at the intersection of Detroit and W. 29th. Billed as the Hingetown development, the project will act as the hinge between existing Cleveland assets like Ohio City, Gordon Square, and downtown.
regional planning initiative says status quo is not sustainable, wants residents to imagine future
The Northeast Ohio Sustainable Communities Consortium (NEOSCC) has mapped out what our region's future looks like if we stay on the same, urban-sprawl-lovin' course. Spoiler alert: It ain't good.

The group's "Business as Usual" scenario attempts to answer the question, "What will happen over the next 27 years if Northeast Ohio just keeps doing what it has been doing?" using sophisticated mapping.

NEOSCC's predictions includ... Read more >
move over silicon valley, here comes the rust belt
In a Forbes feature titled "The Surprising Rebirth Of America's Industrial Centers," Natalie Burg reports on the continued trend of former industrial cities transforming into today's hotbeds of entrepreneurial innovation.
 
"Move over, Silicon Valley. The American Rust Belt is going fiber optic. Though local economies built on manufacturing may not sound like the perfect candidates to transition into the new economy, cities like Cleveland, Detro... Read more >
hemingway development and geis companies open third building of midtown tech park campus
Hemingway Development and Geis Companies have completed the third building of the MidTown Tech Park campus at 6555 Carnegie Avenue. The $9 million project brings the campus to a total of 242,000 square feet of new office space.

"When we arrived in MidTown, we wanted to develop one building a year, and we have exceeded that with the opening of this building,” said Fred Geis, a Hemingway principal, in a press release. "With the growth of the MidTown Tech Par... Read more >
great lakes brewery helped transform ohio city
In a Massachusetts Republic feature titled "Craft breweries help transform 6 cities," writer Tali Arbel explores how craft breweries have helped to transform the neighborhoods around them.
 
"Small business owners tackled the hard work of transforming industrial buildings, many of which had sat empty as demographic changes pulled manufacturers and residents to the suburbs," she writes.
 
Here's a look at six breweries whose presenc... Read more >
workadvance exceeds enrollment goal for employment training program
WorkAdvance, a national program that provides low-income and low-skilled individuals with employment training, in conjunction with Towards Employment, a Cuyahoga County-based employment readiness agency, and seven other collaborators, has enrolled 465 local participants in its training program.

Enrollment began in June. The participants are receiving skills training and career services in manufacturing and healthcare. Rebecca Kusner, director of WorkAdvance, says two-thir... Read more >
great lakes, ohio city highlighted in usa today feature
In a USA Today article titled "Build a craft brewery, urban revival will come," writer Tali Arbel describes the positive effects that craft breweries often have on their surrounding neighborhoods. In the piece, Great Lakes Brewing and its host Ohio City are given robust attention.
 
"The arrival of a craft brewery was also often one of the first signs that a neighborhood was changing. From New England to the West Coast, new businesses bubbled up around ... Read more >
ride along with fresh fork market, a farm-to-table slideshow
Each week, Fresh Fork Market delivers "grab bags" of locally grown ingredients to thousands of subscribers at various drop-off sites around town. From the customer's point of view, the process is a breeze. But ride along with owner Trevor Clatterbuck, as photographer Bob Perkoski did for this slideshow, and you'll see how much work goes into each bag.
columbus news crew road trips to cleveland
In an ABC 6 report titled “Road Trippin #3: Cleveland,” Columbus reporter Ashley Yore headed north on I-71 to Cleveland to explore our city’s $2 billion worth of new tourism related developments and improvements.
 
“According to Cleveland representatives, most of the improvements are on the East 4th Street, one of the city’s entertainment districts. Some of the projects include a new casino, a museum of contemporary art and a new aquarium... Read more >
pipe dreams: will ohio be the next state to legalize medical marijuana
With medical marijuana becoming more mainstream every year, backers who favor legalizing it say the moment is ripe for Ohio to join the movement. To that aim, one group is collecting signatures to place the issue on the November 2014 ballot, allowing voters to decide whether or not medical marijuana should be allowed.
bluebridge networks announces $6m tech investment, plans to double staff
BlueBridge Networks isn’t trying to be the biggest cloud-based data storage and recovery company; the Cleveland-based company simply wants to be the best for its customers. To ensure that it is, BlueBridge recently announced a $6 million investment in technology to build the best network and facilities possible.

“We are controlling our own destiny,” explains managing director and partner Kevin Goodman. “We’re building our network to be cheape... Read more >
writer proposes dream rapid system for region
In a RustWire post titled “Imagining a Dream Rapid for Cleveland,” Christopher Lohr explores the impact that expanding the rapid transit system would have on the greater Cleveland metropolitan area.
 
Lohr was inspired by a pair of articles that related to the Baltimore and NYC systems in a somewhat playful fashion.  He opted for a more serious approach when creating the “Dream Rapid” for Cleveland that would both serve the community and a... Read more >