bwheats

This seems like a ripe location for professional women’s soccer stadium that just had earmarked money in Ohio budget.

I think the city numbers are really no surprise here. Those coming to Cleveland, by-in-large, have been settling in the suburbs. The numbers between Cuyahoga and Franklin aren’t so disparate at the county level. The city will continue to attract high earning college educated folks but unlikely first generational immigrants due to the lack of affordable housing. Everything being built is simply unaffordable for most first generation immigrants. This is certainly the case in the “hot” neighborhoods of Columbus too but given the expanse of the city there are affordable areas that immigrants can settle. In Cleveland, the choice is to go just beyond the border to places like Parma.

Preliminary numbers for CLE MSA (November) and they are too good to be true but given the positive data we definitely are expanding economically at a brisk pace. Unemployment down to 2.7%!!!!! Seasonal adjusted job growth at 40k. Not seasonally adjusted is still at 18k. Great stuff.

You’re correct it’s 2023, I was more or less thinking July 2022-July 2023 which incorporates data for half of 2022 when I said that. Anyhow, good news.

Census estimates released for 2022. Ohio has big reversal in population growing 26k plus after decreases the previous two years. Ohio, Indiana, and Minneapolis led the way in the Midwest. Ohio doing so with negative natural growth currently but in a stunning reversal, a positive domestic migration. International migration was on par with other fast growing states Georgia and North Carolina. https://www2.census.gov/programs-surveys/popest/tables/2020-2023/state/totals/NST-EST2023-POP.xlsx

US steel keeps hq in Pittsburgh but we will see how much remains in the coming years. I think 15 billion is a big ask for a company whose revenues have been falling quarter after quarter. Probably good Cliffs didn’t go for that and will probably search for a better deal in the coming years.

University circle looks awesome as well.

Christmas definitely came early! I have been submitting feedback as well.

Google maps 3D for Cleveland was finally updated and she looks great. Three new towers on Euclid plus most of SHW tower and the Hilton hotel is making a big impact.

Also, for all the accolades that Pittsburgh gets for it’s “new tech/ed and med” economy, the real gdp hasn’t recovered to 2018 levels whereas the 3 Cs far outpace 2018 levels.

Lots of fun data published today. Real gdp by metro/county for 2022. As well as census 5 year estimates. Cuyahoga outpaced all other big Ohio counties significantly. What was a 5.4 billion dollar gap with Franklin closed to 2.6 in the past year.

Spoke to a SW employee Saturday at a wedding and they had no clue a 2nd tower is in the works. They are a tight lipped company for sure.

Also 200 Public is 658’ so that’s only 42ft taller. SW tower will be closer to that tower than the Erieview tower.

If I was a betting man. Details of purchase regarding US Steel assets are all but finalized and Goncalves is presenting to Ronayne a job creation plan and would like some tax credits to expand HQ jobs into the county.

Didn’t they already do all the underground prep work for a second tower when they did the foundation work for the first tower?

If they were to add 10 floors that would indicate that phase 2, under no circumstances, is happening. So let’s not hope for that!

This is huge news and hopefully signals additional expansion of routes serving CLE.

So the garage would be torn down for a new tower? It can’t be the foundation for one? I would think similar to Beacon that an existing garage supporting a new tower would be the only financial savvy way to justify not utilizing a surface lot.

Also per capita income is very useful in determining growth in affluence and Columbus lags both Cleveland and Cincinnati…..

They can be Cleveland-Pittsburgh Steel once PNC rebrands PNC-National City Bank. Otherwise, Cleveland looks to be the clear winner here very soon while exacting some corporate revenge for the raw deal National City received to the benefit of PNC.

Elon Musk’s jet was in town? My reckless take is that if this was true he wanted to quickly negotiate long term auto steel prices as Cliffs or USX are the sole producer of steel for electric vehicles and the impending takeover of USX could affect his bottom line.

Also should be a "warning" disclaimer that the downtown definition for Cleveland is laughably inaccurate. This geographical definition has been cited over the last few years every quarter and it completely excludes major parts of downtown. Not sure how to get someone to change the geographical boundaries.

My point is the opinion piece clearly cherry picked data to support his contentions when that was far from the whole picture. Basically labor force and employment languished from 2000-2016 in Cleveland and started to take off after that until the pandemic. I think recovery is slower than we would like but Cleveland’s workforce (like Pittsburgh) is slightly older than its peers and probably had greater rates of drop out from the workforce. Based off of highly accurate data (county employment quarterly rather than wildly off monthly data) Cleveland outgained Cincy, Columbus and Pittsburgh in information or tech job growth. Hope that trend continues.

The opinion piece above complained about cherry picking numbers and then committed the same offense. No one is saying that Cleveland was rivaling Columbus in job/population growth but outside of a slowdown in job growth between 2015-2017, job growth was much closer to peer cities until 2020. Population growth also occurred in many of Cuyahoga county suburbs which was a reversal of the 2000-2010 years and the adult population in Cleveland grew 2010-2020 if memory serves correctly.

Louisiana lost 40k+ can account for influx of residents to Alabama I would imagine. Splitting hairs saying Indiana politics are any better and thus more attractive for migration. Especially since Indiana has one major viable city to attract residents.