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subocincy

Kettering Tower 408'
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Everything posted by subocincy

  1. ^ Let's add this article to the mix; it mentions Cleveland at least three times: https://chiefexecutive.net/new-opportunity-boomtowns/
  2. Yes, by a large margin, NEO is the most populous region in Ohio. However, Florida Guy's population map (Post #1724) over exaggerates this fact by completely omitting Cincinnati's formidable MSA population (400,000 plus) just across the Ohio River in Kentucky. No question about the red in Ohio. Now add all the red in NKY, portraying CIN-DAY's projected CSA population of 3 million plus.
  3. subocincy replied to ryanlammi's post in a topic in Sports Talk
    As for myself, I've grown very tired of it all... https://www.bizjournals.com/cincinnati/news/2018/02/26/fc-cincinnati-to-present-traffic-study-results-to.html I'm thinking that the local media may feel the same way... https://www.wcpo.com/sports/is-fc-cincinnati-playing-musical-chairs-with-stadium-site
  4. As glad I am to see this structure on the rise, like several other forum members here, I wish it would trigger construction of other major developments we keep hearing about, but never see. Obviously, everyone knows what they are: 4th & Race, Skyhouse and 8th & Main plus a major renovation of the Terrace Plaza Hotel and a brand new hi-rise topping off Fountain Square West. I can only dream how the combo of these structures might transform downtown.
  5. ^ Merger rumors between Kroger and Ahold Delhaize were unsettling enough, however, among all the merger rumors surfacing lately, this one could prove to be the most unsettling of all. Who could ever have predicted merger talks between Kroger and Alibaba, Amazon's biggest Asian rival? Hold your breathe on this one for one reason: such a merger could prove to go either way for Kroger and Cincinnati. (no need to explain why I'm apprehensive) https://www.bizjournals.com/cincinnati/news/2018/01/25/kroger-reportedly-in-talks-with-major-online.html
  6. Please make allowances for my editing of your writing in order to connect the dots. ;)
  7. subocincy replied to a post in a topic in Ohio Business and Economy
    So true. Federated Department Stores (FDS) acquired a frothy merchandising history long before it acquired Macey's. Many forum members probably haven't an inkling of how convoluted and melodramatic its story really is - in fact, behind its most publicized mergers, FDS's Machiavellian retailing operations undoubtedly rivaled the doings of the Borgia and Medici families, centuries before. Don't think so? Do a research of this retailing powerhouse and judge for yourselves.
  8. ^ You nailed it. Seattle's fiendishly clever genius now has 20 cities running around in desperation scrounging whatever they can grab to offer him. Meanwhile, Cincinnati can just sit back and be entertained by all the action, keeping in mind it's already won Amazon's second biggest prize...their global air-freight operation [/member] CVG. Coincidentally and of interest is an article from the urbanist Aaron M. Wrenn on same: http://www.urbanophile.com/2018/01/18/amazon-hq2-first-cut-designed-to-keep-america-guessing/
  9. Now that Amazon's HQ2 guessing game has concluded for Cincinnati, it's time to turn attention to Apple's new big business solicitation, right? Well, our powerful hometown newspaper has done just that this morning! Whether be it that you laugh or cry, get a good look at today's Enquirer front page - more than ever, it proves that Cincinnati's on top of the situation from the very get-go! ;D
  10. subocincy replied to a post in a topic in Ohio Business and Economy
    Not necessarily so. Considering Cincinnati's historical involvement in department store merchandising and how its powerful Federated Department Stores acquired Macy's, rather than the reverse - why relocate anything now? Undoubtedly, in the 1990s, many high level Macy's management personnel may have been dismayed to have to relocate to Cincinnati, but let's keep in mind that the retailing powerhouse who acquired their services was already well established here. I don't think many lay people realize this; most of the public probably presumes that Macy's downtown 7th Street HQs is little more than a high-rise call-center merely awaiting another set of orders from NYC.
  11. ^ Excluding Newark from the list of mid-sized cities, I stated that six of the seven were capitals. Pittsburgh was the exception.
  12. I find it very intriguing that six out of the seven mid-sized cities* on this list (Austin/Columbus/Denver/Indianapolis/Nashville/Raleigh/Pittsburgh) are state capitals... ($$$$?) ;) * excluding Newark, which is merely a NYC exburb
  13. Adding to the above response, I'd like to add that I understand anyone's confusion over Veritiv and Vantiv; they are entirely two separate companies. Some two years ago the local press boldly announced that Veritiv would become Cincy's next public company, but the problem was that the company's decision making was split two ways. Needless to say, it was a disheartening loss locally, including for me personally. Even though Veritiv still maintains operations here, I no longer care about or follow what they do. Next, GE [/member] the Banks - who knows what will happen next, but our prestigious global operation has already been crippled as an indirect result of Nelson Peltz's wreaking crew - need I say more? Before the day's over, try to get a look the Enquirer's front page...just what we all needed to see. Next
  14. As of late in Cincinnati, whenever it rains, it pours... Whether or not this may be said of other big US cities, I can't say, but locally the answer is a decided and unsettling yes. (a) No sooner is Cincinnati rewarded a terrific business coup (GE to locate one of five global operation centers at the Banks!) than the city suffers a terrible business loss (Toyota North American headquarters to leave NKY for Texas); (b) No sooner does Cincinnati hear that it's about to gain an impressive F500 company (Veritiv to become the city's 4th biggest public company!) than the city finds out just the opposite (Veritiv decides to move headquarters from Loveland to Atlanta); © No sooner is Cincinnati relieved to know that Procter & Gamble has divested itself of one infamous activist investor (Bill Ackman has sold off his stock and moved on!) than the city is served notice that another, far worse "activist investor" will enter the company at the highest level (P&G allows Nelson Peltz to become a board member); (d) No sooner does Cincinnati become delighted to hear that it may inherit a huge F500, and possibly F100 company (GE Aviation to be headquartered in Cincinnati?) than the city is dismayed to be told that a GE-breakup may adversely affect many people's fortunes at the Banks (GE Global Headquarters could be downsized or lost). There's a great deal that could be added here, but why bother? Just gather up the names of F500 companies that Cincinnati has either acquired, regained or hoped to gain - then throw them all in a hat. (These are some of the names not mentioned and in no certain order: Cintas/Kroger/Vantiv/Macy's/Ashland) Now reach down into the hat, draw out just one of those names and predict what will happen next.
  15. More than ever, this news verifies the fact that Amazon means business at CVG...and I do mean business. Anyone with a crystal ball can predict just what a seismic change Amazon's entry into the airport will bring to the entire region. Therefore, before it disappears into the stacks, I'd like to encourage everyone to review the article linked below: https://www.lanereport.com/75668/2017/04/amazon-fulfills-kentuckys-goal-to-be-worlds-logistics-leader/ Even though this piece was published nearly a year ago, it covers the gamut when detailing the looming influence of Amazon in Kentucky and although it's one of the longest treatments ever published concerning the subject, it's certainly one of the most informative assessments ever penned defining the immense sea change headed our way.
  16. Considering your extensive knowledge of the city, your conclusions are disconcerting. Most certainly, the four cities share numerous positive similarities, but in no way should they be indiscriminately lumped together like four equal entities. Although I'm fully aware of each city's strengths, here I'm choosing to emphasize how Cincinnati stands out in compariosn with the rest. In several key ways, the differences are considerable... (a) CVG. Yes, sadly to say, most people know what happened to this airport, beginning after 2005. Thanks to Delta, it crashed and burned. Yet, in the near future, CVG's Amazon/DHL promises to surpass Louisville's UPS operation to become one of the world's greatest air-freight cargo hubs. (I'm also keeping in mind Columbus' burgeoning Rickenbacker International Airport.) (b) Corporations. You touched on it above, but not strongly enough. The combined presense of Kroger, Procter & Gamble and Macy's all headquartered downtown makes Cincinnati a branding/marketing powerhouse which has attracted a wealth of talented agencies and other subcontractors in support. © Business importance. All four cities share productive diversity, but not necessarily to the extent and influence of Cincinnati. Turning to Site Selection Magazine's massive 2017 collection of business information, take note of just how many business categories Cincinnati places in among the top-5 US cities. This prestigious publication's global appraisals are undoubtedly studied by business professionals everywhere . In turn, the full-page summary of Cincinnati's business assets (p.74) stands out beautifully: http://siteselection.com/cc/wmcc/2017/docs/2017%20World_s%20Most%20Competitive%20Cities.pdf?reload=1493834287207 (d) Global connections. There's probably no better way than downloading this particular USA Department of Commerce Trade link to demonstrate how Cincinnati distinguishes itself from the above cities...and its other peer cities too. The list alone may present a big surprise for some; for others the PDFs may deliver a complete shock: https://www.trade.gov/mas/ian/metroreport/tg_ian_003084.asp In conclusion, I'd like to further develop point D in another post entirely, whether either here or the "Cincinnati: General Business & Economic News" thread.
  17. Since both of you have alluded to the accuracy of statistics as evidence of what's actually going on within MSAs ranked for job growth and construction projects leading to job growth - after examining the four links below, what may be concluded about Cincinnati when rated with its Midwestern peer cities? All this material is listed sequentially by year and it stems from Site Selection Magazine, a strictly professional publication aimed at a select business audience: http://siteselection.com/issues/2017/nov/top-competitive-cities-central-us-dominates.cfm http://siteselection.com/issues/2017/mar/top-metropolitans-of-2016.cfm http://siteselection.com/issues/2016/mar/top-metropolitans.cfm http://siteselection.com/issues/2015/mar/top-metros.cfm
  18. Pretty much agreed. Although Macy's will unfortunately remain a prime takeover target, not so much for P&G and almost zilch for Kroger (at least by Amazon). At this point, P&G's biggest survival threat is its enormous internal struggle with a mob of greedy shareholders led by one "activist investor," Nelson Peltz - whose own nefarious ulterior motives are frightening. This threat is all too real; if worse comes to worst, Cincinnati's most venerated company could end up being dismantled or moved elsewhere. Kroger presents a huge challenge for Amazon. As unstoppable as Amazon may be overall, in the food wars it's still just a yappy yard dog with a big bark trying hard to run with the big dogs up on the porch - in this case, Walmart and Kroger. As yet, nowhere has Amazon bested Kroger in much of anything, except distribution power and drone technology. For example, do Amazon's much ballyhooed algorithms trump those of Kroger's 84.51? Are millions of foodies now flocking into Whole Foods? I think not. The fact is that Amazon's undoubtedly learning more from Kroger about selling food than Kroger is from it. What worries me the most, though, are all those business rumors hinting that, to achieve sense of scale, Kroger is about to align itself with a giant European food retailer - specifically Ahold Dehaize. Although in 2016, Kroger's revenue was $115.3 billion and AD was $62.3 billion, their merger could conceivably result in AD actually acquiring Kroger. To say the least, what a disaster that would be - instead of Cincinnati becoming headquarters to possibly the world's largest food store chain, it loses its most profitable company to Zaamdam, Netherlands! Damn.
  19. As you implied, it's understandable why such job statistics will trigger consternation from Columbus; the numbers dramatically alter the standard narrative. Needless to say, because such figures aren't carved in stone, they will inevitably vary from year-to-year and decade-to-decade (and maybe radically so) - but at least not this year that just ended. The sobering fact is that these job stats are legit, that the Cincy/Dayton MSAs have not been somehow scrambled together and that the BLS isn't just fiddling around until more accurate numbers pop up. All this kind of magical thinking only detracts from the realization that Cincinnati's job growth has been so significant that, at least for now, a new narrative needs to be recognized.
  20. subocincy replied to a post in a topic in Abandoned Projects
    At first glance, I thought this entry might be a joke...wrong. IKEA may actually introduce such a "new concept" store somewhere within urban Cleveland, rather than just another big-box outlet somewhere out in a suburb. A radically downsized, urban IKEA would be guaranteed to attract both a large number of young shoppers and the envy of other peer cities.
  21. Like several others here, I seriously doubt that Cincinnati will ever land HQ2 - but if it does, what then? Amazon ain't nobody's friend and it won't be rolling into our town to make it a better place. In fact, as you implied, just the opposite scenario may occur if Jeff Bezos' will be done. His primary order of business will be to (take your pick): (a) neutralize; (b) weaken; © absorb; (d) annihilate Kroger, P&G and/or Macy's. As it stands now, Cincinnati is truly a formidable marketing/retail citadel that this Seattle Death Star genius would just love to breach and incorporate into his Borg army. No matter how weak and vulnerable each may be, Cincy's three giant retailers are nevertheless strong players still standing. Very soon, Nelson Peltz will drop down out of his own Trojan horse into our midst to become a dangerous threat. However it's accomplished, taking care of this toxic character should remain our first concern.
  22. What's notable is the inclusion of Cincinnati within this grouping of cities. Very impressive.
  23. HAHAHAHA! Considering how the Ravens helped Cincinnati open their 2017 NFL season, the Bengals returned the favor by helping Baltimore close theirs. If ever there was a case of poetic justice on the football field, this game was it! ;D ;D ;D https://www.wcpo.com/sports/football/bengals/marvin-lewis-says-hes-not-sure-if-sundays-game-was-his-last
  24. I would like to think that, but I can't be so sure. P&G management realized that if they didn't seat Peltz this year, they would face him again next year - so, rather than squandering millions of additional dollars in attempts to block him and rile hordes of greedy shareholders even more, they simply caved in. All along Peltz made his intentions known: he was going to be seated or else! However, he vocalized it so smoothly by saying all those reassuring things he knew both P&G and the public wanted to hear. Now that this contemptible Wall Street opportunist has been given entry into P&G's bank vault and safety deposit boxes, I'm afraid that we'll witness what his ulterior motives really are. The article below makes it pretty clear what Peltz's MO really is - like so many other big, but vulnerable companies before it, P&G is in deep, deep trouble... https://www.nytimes.com/2017/07/17/business/dealbook/nelson-peltzs-play-for-pampg-honorable-intentions.html
  25. OMG, I want to believe this... ;) https://www.wcpo.com/sports/football/bengals/bengals-head-coach-marvin-lewis-to-leave-after-this-season-sources-tell-espn