Regional Economy

dispatch covers ohio cities experiencing urban growth
In a Columbus Dispatch story titled “Cities’ hearts beating strong in Ohio’s three C’s,” writer Steve Wartenberg describes the various ways Ohio’s three largest cities are experiencing urban renewal and growth and the benefits that go along with it.
 
“In Cleveland, the Downtown Cleveland Alliance has helped spur $5 billion in investment, including about $3 billion in the central business district,” Michael Deemer, vice president of business development, was quoted as saying.
 
The $350 million Horseshoe Casino has been credited for drawing over a million visitors in its first two months, while the $465 million Cleveland Medical Mart & Convention Center is expected to draw thousands of health-care professionals to Cleveland permanently.
 
“It’s the first of its kind, a medical-innovation showplace,” notes David Gilbert, chief executive of Positively Cleveland.
 
Enjoy the tale of three cities here.

next city explores cleveland's future in casino gambling
In a Next City post titled “Downtown Roulette: Will Casinos Be a Win for Ohio Cities?” writer Anna Clark questions if casino gambling belongs in urban centers such as downtown Cleveland.
 
“Last year, after Ohio became the latest state to legalize casino gambling, its first gaming complex opened in downtown Cleveland. Casinos in Toledo and Columbus appeared soon thereafter, and another is slated for Cincinnati. But will these glitzy institutions deliver the new tax revenues that political and business leaders expect?”
 
Can the casino industry continue to flourish and will Cleveland be among the cities to benefit from the industry?
 
Find out the answers here.
expecting 15 to 20 percent sales growth, 4 walls to add staff
4 Walls, a Cleveland designer and manufacturer of digital wall coverings for residential and commercial markets, has partnered with Sherwin-Williams in a new program, SurroundDecor.

The program caters primarily to the health care, hospitality, retail and corporate markets, and features new original digital designs printed on premium recycled PVC-free material. Customers choose their designs, colors and sizes and SurroundDesign creates custom murals for their spaces.
 
4 Walls and Sherwin-Williams are long term partners, and SurroundDecor is a natural fit, says4 Walls founder Patrick Walker.

“We have a good and close relationship with the decor group at Sherwin Williams, and have for many years,” he says. “They are familiar with our commitment to quality in both product design and manufacturing. When we presented the program, they felt we'd be a great partner.”
 
Sherwin-Williams announced the program at its annual show last week. Their sales network will handle initial requests and quotes, then 4 Walls will take over. “They not only handle 100-percent of the sales process with their rep network, but they also field the incoming requests for quotes and information,” says Walker “As soon as the questions get more complex and technical -- things we like to handle and take off their plate -- they pass the calls to us. They are great to work with, and provide solid guidance regarding their needs, and those of their customers.”
 
Because one order can typically take between three and 12 months to complete, Walker anticipates sales in the SurroundDecor program to ramp up by second quarter of this year. “We are planning for 15 to 20 percent sales growth, and to hire one to two additional people,” Walker predicts. “This is our forecast, and is certainly achievable. Getting there will of course depend on both the overall economy and the trends in our industry. As always, we are cautiously optimistic.”

 
Source: Patrick Walker
Writer: Karin Connelly
great lakes neurotechnologies receives $280k to study deep brain stimulation
Great Lakes NeuroTechnologies (GLNT), which creates biomedical technologies for the treatment of movement disorders, announced last week that they will be leading a study to improve algorithms for deep brain stimulation in treating Parkinson’s disease.

The study will use GLNT’s Kinesia technology and is funded by a $283,828 phase I Small Business Innovative Research grant from the National Institutes of Health's National Institute of Neurological Disorders and Stroke. It will take place at the University of Alabama at Birmingham this spring.
 
Deep brain stimulation involves implanting an electrode in a certain area of the brain to treat the side effects of Parkinson’s disease and other movement disorders. But the technology has varied results. GLNT hopes to improve the outcomes.
 
“Implanting the electrode is more art than science right now,” says Dustin Heldman, biomedical researcher and principal investigator for GLNT, explaining that outcomes depend on amplitude and frequency -- leaving a lot of variables on the individual programmer.
 
“With the existing Kinesia system we’re trying to level the playing field for everyone by making an objective standard way of programming,” explains Heldman. “We’re taking the guesswork out of it.”
 
While phase I will just collect preliminary data, deep brain stimulation could be another application for GLNT’s Kinesia. “It’s great for us,” Heldman says. “We have this sensor technology now, it’s released and it’s FDA cleared. This is just another application. Assuming we get good results, we'll apply for a much larger study.”
 
GLNT grew from 15 to 23 employees last year, and is hiring three additional people now.

 
Source: Dustin Heldman
Writer: Karin Connelly
cleveland public theatre recognized for production of women's work
In a Huffington Post feature titled “Women Playwrights Applaud Theaters,” Monica Bauer reports on theaters that make an effort to feature the work of female playwrights, but are not considered a female-centered establishment.
 
“The Applause Awards are based on the previous year's season, so the first awards go to theaters for their 2011-2012 productions," she writes. "Theaters whose mission is to produce women's work were not eligible. The winners are: Cleveland Public Theatre, Cleveland, OH; Little Colonel Theatre, Pee Wee Valley, KY; Nora Theater, Cambridge, MA; Playwrights Horizons, New York, NY; and, Symmetry Theatre, Berkeley, CA.”
 
While women have been making great strides, still only 18 percent of productions done in the U.S. are from female playwrights. 
 
Enjoy the full feature here.
roll (tax) credits: a second look at ohio's film tax credits
Back in 2011, Fresh Water ran a feature about Ohio's newly instituted Film Production Tax Credit, which helped attract big-budget productions like "The Avengers" and "Alex Cross," plus smaller films like "Take Shelter" and "Fun Size." We decided to revisit the topic to see how it's working out for Cleveland, and Ohio.
horseshoe casino buzzed about in usa today
In a USA Today special titled “All in: Gambling options proliferate across USA,” Matt Villano discusses the increase in casino gambling and entertainment options across the nation.
 
As the numerous casinos vie for entertainment dollars, many are going a step beyond slot machines and gaming tables. For example, Cleveland’s Horseshoe Casino, currently housed in the historic Higbee building, gets props for its architecture.
 
“Smack in the middle of the Public Square neighborhood in downtown Cleveland, the Horseshoe's claim to fame is the building in which it occupies. The Art Deco Higbee Building dates to 1931, and was the city's first department store. The building (and surrounding Tower City Center complex) was added to the National Register of Historic Places in 1976.” Villano notes.
 
Check out the full piece here.
northeast ohio venture and angel investments up 34% in 2012
In 2012, Northeast Ohio was a popular place for venture capitalists and angel investors to back startup companies. Investments nationally decreased by 10 percent last year, and decreased in the rest of Ohio by 33 percent, according to a study in The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association.
 
But in Northeast Ohio, according to the Northeast Ohio Venture Capital Advisory Task Force, 105 tech-based companies in Greater Cleveland raised $201 million from venture capitalists and angel investors -- a 34-percent increase over the amount raised by companies in 2011.
 
“We’ve been on an upward trajectory of the number of companies that have been able to raise money,” says Samantha Fryberger, vice president of marketing for JumpStart. “There’s a strong angel community here and our angels are well organized and well educated.”
 
In fact, Northeast Ohio has the first and fifth largest angel funds in the country. Fryberger says the diversity of businesses and the number of support organizations attract investors to Northeast Ohio. 
 
“We have a very robust early-stage investment ecosystem right here in Northeast Ohio,” says Clay Rankin, managing member of the North Coast Angel Fund, which invests in life sciences companies and is the country’s fifth largest angel group. “We’ve been building a lot of momentum in the last six to eight years. We’ve been very fortunate in supporting early stage ventures.”
 
Citing successful companies like Juventas Therapeutics, Cleveland HeartLab and Neuros Medical, Rankin says it’s no wonder Cleveland is growing in investments. “There really are world class companies being developed right here in our backyard,” he says. “When you have world class companies, you attract support from angel groups.”

 
Source: Samantha Fryberger and Clay Rankin
Writer: Karin Connelly
cpac roundtable asks how arts can foster sustained economic prosperity for cleveland
Arts and culture can define a community, creating a critical mass that translates into jobs, business opportunities and, ideally, sustained economic prosperity. These were the words of Northeast Ohio Sustainable Communities Consortium Initiative (NEOSCC) director Hunter Morrison during a January 25 roundtable hosted by the Community Partnership for Arts and Culture (CPAC).

These also are words that CPAC president and CEO Tom Schorgl likes to hear. The focus of the roundtable event was sustainability, and how the arts and culture community can assist the region as it evolves through population and land use shifts. The local arts sector becoming engaged in these issues can help keep Northeast Ohio resilient, vibrant and sustainable, said Morrison, a notion that the CPAC president shares.

"We have cultural clusters throughout the region, and the ability to communicate on a larger basis with the population about those clusters," says Schorgl. "We need to continue to reach our audience."

The roundtable, which drew over 50 attendees to the Cleveland Museum of Natural History's main gallery, was CPAC's first such event of the year. The nonprofit will sponsor similar forums through November, with an overall aim of connecting the arts and culture realm with professionals from sectors including community development and health and human services. Past roundtable speakers have included Cuyahoga County Executive Ed FitzGerald, Cleveland Metropolitan School District CEO Eric Gordon, and City of Cleveland Mayor Frank Jackson.

"The idea is to provide a forum for new ideas around a common cause," Schorgl says.

 
SOURCE: Tom Schorgl
WRITER: Douglas J. Guth
more than a few words with will hollingsworth, builder of the perfect bar
If you've enjoyed a drink at Lolita on a weekend night during the past two and a half years, chances are good Will Hollingsworth poured it. During that same period of time, Hollingsworth has been formulating his greatest recipe yet: The perfect bar, which will open this summer in Tremont.
judi feniger ready to roll as gordon square arts district's new executive director
Cleveland's Gordon Square Arts District (GSAD) is supported by a strong backbone of dedicated institutions, corporations, merchants, residents and philanthropists, says Judi Feniger, newly named executive director of the West Side arts enclave.

Feniger planned to spend this week meeting with these groups, and looks forward to continuing the relationships that will help make the district even stronger. "It's a dynamic area," says Feniger, successor to GSAD founding executive director Joy Roller, who earlier this month became president of Global Cleveland. "I need to get a sense of what's going on."

What's been happening in recent years is new loft housing, an enhanced Detroit Avenue streetscape, new retail and gallery ventures, and the renovation of the Cleveland Public Theatre complex and Capitol Theatre. The latest milestone occurred in November with the groundbreaking for the Near West Theatre’s first permanent performance venue.

"Gordon Square is a growing part of Cleveland that attracting young residents," says Feniger. "How can we take these great assets and show them to our community?"

The experienced arts and business leader plans to answer that question thanks to a philanthropy and arts background that includes leadership stints with the American Red Cross and most recently the Maltz Museum of Jewish Heritage.

"I've been to Gordon Square many times," Feniger says. "It will be exciting to build on the foundation and bring more activity and awareness to the things going on here."

The district's potent combination of housing, new businesses, the arts and neighborhood beautification is attracting national attention and drawing audiences and visitors from throughout the region, notes the new executive director.

"There are many great things to do in Cleveland," says Feniger. "Our challenge will be to get a share of people's time and mind."

 
SOURCE: Judi Feniger
WRITER: Douglas J. Guth
art daily talks up cma's tech-heavy gallery one
In an Art Daily article titled “Gallery One: A new, unique and interactive gallery opens at the Cleveland Museum of Art,” the journal highlights the level of technology and its role in art appreciation in the new exhibit.
 
“Throughout the space, original works of art and digital interactives engage visitors in new ways, putting curiosity, imagination and creativity at the heart of their museum experience. Innovative user-interface design and cutting-edge hardware developed exclusively for Gallery One break new ground in art museum interpretation, design and technology.”
 
It is certainly a break from the standard observation and appreciation of artistic pieces enjoyed in the traditional manner.
 
“It’s very important to us that visitors interact with real objects, rather than digital reproductions,” David Franklin is quoted in the piece. “We want visitors to look closely at original art works and to make personal connections to what they are seeing.”
 
Check out the full story here.
flydrive's regenerative braking flywheel replaces battery in hybrid, electric cars
What started as a design project in CWRU mechanical and aerospace engineering student Kristen Brouwer’s senior design class has evolved into a full-blown business. Brouwer and three of her classmates took an existing patent for a regenerative braking flywheel and created FlyDrive, which makes a flywheel that replaces the battery in electric and hybrid cars. They are bringing their flywheel to market.

“In a Prius, for instance, when you brake, the electric motors are charged, which then charge the battery,” says Brouwer. “With our flywheel, it’s just as efficient in returning energy and doesn’t have to be replaced. And it’s environmentally better than batteries because it doesn’t use chemicals.”
 
Brouwer and teammates Jordan Lajoie, Luke Voigt, Kris Bosma and Cleveland Institute of Art industrial design student Adam Lauser have been developing the flywheel for market since September. “Most of our developments have stemmed from market identification and development as well as creating a preliminary concept for implementing the flywheel in a transportation system,” says Brouwer.

FlyDrive will be competing in the Ohio Clean Energy Challenge semi-finals next week, where they will compete for $10,000 and the chance to move on the Midwest regional competition in Chicago. The company has been assessing licensing options in the meantime.

“We’re waiting to see if we make it to the next level of competition,” says Brouwer. “It’s been a great learning experience.”


Source: Kristen Brouwer
Writer: Karin Connelly
the next must-live cleveland neighborhood is...
What's next? It's a question we all wish we had the answer to. But for folks looking to settle down, that question undoubtedly refers to place. In this running series, Fresh Water explores emerging Cleveland neighborhoods that are primed for growth. This week, writer Joe Baur examines North Shore Collinwood.
software development firm urbancode to double its staff (again) this year
What began as a game and website development company in 1996 has blossomed into a thriving developer of software products.

After creating internal software that allowed UrbanCode to track the progress of its own software development projects, the company began developing similar products for its customers. UrbanCode products help their customers get their software to production faster -- decreasing time to market and ultimately getting their technology to the end users quickly and easily.
 
“One trait that unites all our customers is that they realize the strategic importance of their technology,” says Maciej Zawadzki, UrbanCode cofounder and CEO. “They need to get their technology into the hands of end users as quickly as possible. Our products facilitate the adoption of Agile methodologies in development and DevOps practices in operations."
 
Last year, UrbanCode was a finalist for Tech Company of the Year in NEOSA’s Best of Tech Awards, and its AnthillPro product won Best Software Product, Impact in 2008.
 
By recognizing their clients’ needs, UrbanCode has been growing by leaps and bounds. “Recently, we have been focused on DevOps releasing three new products: uDeploy, uBuild and uRelease,” says Tracy Gavlak, UrbanCode’s office manager. “We have been able to increase our growth rate to 70 percent over the last two years, with no signs of slowing down.”
 
UrbanCode has grown from 25 employees to 55 in the past year. Gavlak cites finding the right talent as one of the company’s biggest challenges. The company is currently recruiting sales engineers, field sales executives and software developers.

“We have the energy and informal atmosphere of a start-up, with the customers and financial security of a much larger firm” says Gavlak.
 
Company officials expect to double in size again this year. Plans are underway to move to a larger space in the Halle Building later this year.

 
Source: Maciej Zawadzki and Tracy Gavlak
Writer: Karin Connelly
clinic's efforts to control type 2 diabetes with bariatric surgery touted
In a Richmond County Daily Journal piece titled “Bariatric surgery may help send Type 2 diabetes into remission,” Laura Edigton reports on the Cleveland Clinic’s efforts to control Type 2 diabetes and how Bariatric surgery might help.
 
The Cleveland Clinic said that diabetes experts now believe that bariatric surgery “should be offered much earlier as a reasonable treatment option for patients with poorly controlled diabetes -- and not as a last resort.”

The Cleveland Clinic discovered the correlation and released it in their Top 10 Medical Innovations for 2013 list.
 
“Bariatric surgery can have a profound effect on diabetes, and many published studies have looked at the effect,” bariatric surgeon Raymond Washington is quoted. “Surgery can account for almost an 80 percent remission of diabetes. Oftentimes, patients with non-insulin-dependent diabetes will leave the hospital off of their oral medications after only a few days.”
 
Read more about this exciting discovery here.
greater cleveland rta's ridership gains championed in rail mag
In a Progressive Railroading feature titled “Greater Cleveland RTA posts ridership gain in 2012,” the transportation mag covers the positive news.
 
"Ridership on the Greater Cleveland Regional Transit Authority (GCRTA) rose 4.3 percent to 48.2 million in 2012, marking the second consecutive year of growth, agency officials said in a prepared statement."

"Every service mode registered an increase, but the biggest gain was posted on the Red Line rail corridor, where ridership climbed 9.1 percent. The Blue and Green rail lines posted a 4.1 percent ridership gain."

"Customers are making a choice to ride, especially on the rail," CEO Joseph Calabrese is quoted in the piece. "With our recent increase in frequency on the Red, Blue and Green lines, and 8,000 free parking spaces at rail stations, we have room for more Northeast Ohioans to make the green choice and ride RTA."

Average daily trolley ridership rose 5 percent to 3,840 trips.

Read the rest right here.
educational fair to attract private, charter, public and parochial schools
The motto of the Near West Family Network (NWFN) is "Stronger Families, Stronger Cleveland." Good schools are an important means of bringing those families into town, maintains the volunteer group's founders, hence the forthcoming Near West Cleveland PreK-8 School Fair.

The fair takes place February 2 from 10 a.m. to 2 p.m. at St. Ignatius High School. Sponsored by NWFN and advocacy group Ohio City, Inc., participants will get information about the private, charter, public and parochial schools found in Ohio City, Detroit Shoreway, Tremont and other Near West Side neighborhoods. School representatives will be on hand to provide information and answer questions.

"There will be a gamut of educational options available," says NWFN co-founder and Ohio City resident Norma Polanco-Boyd.

The mother of two daughters expects between 18 to 20 schools to be represented at the fair. "The goal goes back to the reason we started this organization [in November 2012,] says Polanco-Boyd. "We wanted to create a resource-based organization to retain families or attract them to these neighborhoods."

Along with the schools, Polanco-Boyd expects attendance from a handful of non-academic groups as well. These entities will provide yet another source of information for participating parents.

The NWFN website has a list of schools serving the Near West Side. Polanco-Boyd, a community affairs officer with a bank regulator, moved to Cleveland from Chicago with her husband, Joe. At the time, the couple didn't know anyone; Polanco-Boyd helped create NWFN for young families in similar straits.

The school fair is a critical to her group's mission, Polanco-Boyd believes.  "We want to grow Cleveland and help maintain its vibrancy," she says.
 
 
SOURCE: Norma Polanco-Boyd
WRITER: Douglas J. Guth
expanding great lakes neurotechnologies widens reach to australia
Great Lakes NeuroTechnologies (GLNT), which creates biomedical technologies, received Therapeutic Goods Administration (TGA) approval to market its Kinesia technology in Australia. The technology is used to assess and find treatments for Parkinson’s disease.
 
“The Kinesia system is used for quantitative assessment of Parkinson’s motor systems, which include tremors, bradykinesia, or slow motor movements, and rigidity,” explains Joe Giuffrida, president and principal investigator at GLNT. Furthermore, Parkinson’s medications can cause side effects, including involuntary movements.
 
Kinesia hooks patients up to motion sensors that are in turn hooked into a computer. It has applications for both the doctor’s office and at home. Doctors can then monitor symptoms of the disease and patients’ responses to different medications and doses. The technology has multiple uses. “For patient care, doctors can assess the symptoms,” says Giuffrida. “Pharmaceutical companies developing new drugs can measure efficacy. And it can be used for deep brain stimulation.”
 
GLNT received FDA clearance to market in 2006, and permission to market in Europe a couple of years ago, says Giuffrida. “This continues our international growth,” he says. One in 350 Australians has Parkinson’s. Kinesia features a system for home users, which will help patients in the country’s remote locations. “Australia is an important place for us to come next.”
 
GLNT grew from 15 to 23 employees last year, and is hiring three additional people now.

 
Source: Joe Giuffrida
Writer: Karin Connelly
moca in the running for london-based design competition
Each year, Pillow Magazine -- an edgy London publication -- presents a Designs of the Year exhibition during which the best ideas from all over the globe are rounded up for consideration. The exhibition features nominees from seven categories including Architecture, Digital, Fashion and Furniture. In the end, winners from each category plus one overall winner will be announced in April.

Among the nominees in the Architecture category is the Museum of Contemporary Art Cleveland. The already iconic University Circle structure is up against The Shard in London, the Kukje Art Center in Seoul, and the Galaxy Soho in Beijing.

Check out all the nominees here.