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18 minutes ago, Mov2Ohio said:

Yea,

 

They're currently building their new HQ at the County Airport in Richomd Hts as we speak!

I wonder if Cleveland even talked to them about basing at BKL.   My guess is not.  

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  • LlamaLawyer
    LlamaLawyer

    Y’know, the county as a whole isn’t growing either (at least not till recently). Downtown Cleveland and University Circle are growing as fast or faster than ANYWHERE else in the county. Cleveland co

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1 hour ago, NR said:

 

Almost time for a new Headquarters Tower in Downtown??? 😁  Cliffs, Rocket Mortgage and Lincoln Electric all to go along with the new Sherwin Williams tower.... is this a dream, or a future possibility? 

 

(adding@YABO713and  @KJP for thoughts)

 

I don't see Lincoln Electric seeking a new HQ, especially downtown. Cliffs probably can't do anything until the metals market strengthens again. And Rocket Mortgage may build an HQ if Bedrock etc ever figures out what it's going to do next and when.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

1 hour ago, NR said:

 

Almost time for a new Headquarters Tower in Downtown??? 😁  Cliffs, Rocket Mortgage and Lincoln Electric all to go along with the new Sherwin Williams tower.... is this a dream, or a future possibility? 

 

(adding@YABO713and  @KJP for thoughts)

 

Lincoln isn't going to do that, if they were to build a headquarters it would be near their existing plants.   That's been the practice in manufacturing for a long time.   Cleveland Cliffs *might*, but I doubt it.   There's little perceived benefit to dense downtown locations for manufacturing corps that don't have a tradition of having one.   

 

RM is possible.

1 minute ago, E Rocc said:

 

Lincoln isn't going to do that, if they were to build a headquarters it would be near their existing plants.   That's been the practice in manufacturing for a long time.   Cleveland Cliffs *might*, but I doubt it.   There's little perceived benefit to dense downtown locations for manufacturing corps that don't have a tradition of having one.   

 

RM is possible.

 

Cliffs' HQ is currently downtown at 200 Public Square...

Just now, Luke_S said:

 

Cliffs' HQ is currently downtown at 200 Public Square...

 

At most they buy the name to the building.   I doubt they build a new one.

Any news on new HQ for Moen?

6 minutes ago, LibertyBlvd said:

Any news on new HQ for Moen?

 

I'd forgotten all about them! Let me check around. I probably won't hear anything until sometime next week, though.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

7 hours ago, Cleburger said:

I wonder if Cleveland even talked to them about basing at BKL.   My guess is not.  

I don't know, but does every business in the region need to be in Cleveland proper? 

 

They were already HQd in RH and have a big base at the County Airport. So Burke probably didn't make sense.

41 minutes ago, Mov2Ohio said:

I don't know, but does every business in the region need to be in Cleveland proper? 

 

 

Interesting. I see it from the opposite direction... Can Cleveland have more than a third of them rather be the geographic center of a widening doughnut hole?

 

Cuyahoga-County-recent-developments-2011

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

  • 3 weeks later...

I think we'll have to wait to see if anything really comes of this, but some interesting data points in this article. 

 

What FutureLAND Tells About Cleveland's Tech Scene

 

Quote

“Recent data published by the Bureau of Labor Statistics shows that tech jobs will grow by 11% over the next decade and will add more than 500,000 jobs to the economy by 2029. Cleveland is not only poised to employ more tech workers, Cleveland can become a technology hotspot, and a pacesetter for our economic and digital future,” GCP Senior Vice President, Strategy and New Initiatives Freddy Collier reads at FutureLAND’s final panel.

 

“According to data extracted recently from LinkedIn and reported by Alex Kantrowitz, for a weekly newsletter titled Big Technology, the biggest tech migration increases in the country in many years took place in Madison, Wisconsin, with a 74% increase in incoming tech professionals compared to past years. Cleveland is the second top gainer of tech jobs for the majority of last year, and other Midwest cities like Chicago and Kansas City are all on the high side,” Collier says.

 

Quote

In a GCP report, Greater Cleveland was found to have more IT professionals than Pittsburgh and Cincinnati, with nearly 50,000 purely tech sector employees. These companies, such as Park Place Technologies and OverDrive, GCP President and CEO Baiju Shah says, are all valued at more than a billion dollars. 

 

https://clevelandmagazine.com/in-the-cle/articles/what-doe-the-future-look-like-for-cleveland

Edited by Luke_S

  • 2 weeks later...

Just devastating. These were due to old plants, new EPA regs, cheap labor down south or overseas, and corporate greed. The plant closings continued into the 80s and 90s although at a lesser pace (except for 1981-83)...

 

 

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

You want to know who forms the base of MAGA...all the people who lost those jobs. And not just locally but all across the industrial Midwest. Corporate greed and Democratic inability to do much about it.

 

Union job - Democrat.

Unemployed/underemployed union worker - MAGA.

1 hour ago, cadmen said:

You want to know who forms the base of MAGA...all the people who lost those jobs. And not just locally but all across the industrial Midwest. Corporate greed and Democratic inability to do much about it.

 

Union job - Democrat.

Unemployed/underemployed union worker - MAGA.

I can safely say working with a bunch of union workers that they are MAGA as well.

  • 2 weeks later...

Heard during thanksgiving dinner that E&Y are planning to leave their building in the flats and downsize to a smaller location downtown. 
 

 

 

Victory Packaging will be leaving there building off of I-480 in early 2023 and will be expanding into a new warehouse being built next to the airport. 

On 11/25/2022 at 9:24 AM, Henke said:

Heard during thanksgiving dinner that E&Y are planning to leave their building in the flats and downsize to a smaller location downtown. 
 

 

Is E&Y the only tenant in that building?

21 minutes ago, LibertyBlvd said:

Is E&Y the only tenant in that building?

No.  I know Tucker and Ellis offices are located there.  I am sure there are others although Tucker and E&Y are probably the two biggest tenants.

4 hours ago, Htsguy said:

No.  I know Tucker and Ellis offices are located there.  I am sure there are others although Tucker and E&Y are probably the two biggest tenants.

Tucker has three floors in E&Y building. I believe it's 7-9. 

Gilbane is in that building also.

On 11/25/2022 at 9:24 AM, Henke said:

Heard during thanksgiving dinner that E&Y are planning to leave their building in the flats and downsize to a smaller location downtown. 
 

 

 

I've heard E&Y reps have been checking out several buildings downtown in recent months.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

On 11/25/2022 at 9:24 AM, Henke said:

Heard during thanksgiving dinner that E&Y are planning to leave their building in the flats and downsize to a smaller location downtown. 
 

 

It’s the nicest office building in the county, so I would assume they’ll have a (relatively) easy time filling back up.

Edited by LlamaLawyer

On 11/25/2022 at 2:10 PM, Cleveland said:

Victory Packaging will be leaving there building off of I-480 in early 2023 and will be expanding into a new warehouse being built next to the airport. 

 

I was working over there when it was built, by a plastics company IIRC.   It's a large and relatively new building that I believe was used for manufacturing at one point.   Post 2000, so there shouldn't be any CERCLA issues.

7 hours ago, E Rocc said:

 

I was working over there when it was built, by a plastics company IIRC.   It's a large and relatively new building that I believe was used for manufacturing at one point.   Post 2000, so there shouldn't be any CERCLA issues.

Yes, Leich Industries built it.  They were the company that made all of the souvenir baseball helmets that kids get at games.  And that Friendly's would put their Sundaes in.  

2 hours ago, cle_guy90 said:

https://www.crainscleveland.com/health-care/canon-announces-new-subsidiary-likely-be-based-cleveland-area-aims-strengthen-global

 

Canon healthcare USA going to be headquartered in the Cleveland area. Only 20 employees but still a good start!

 

I wrote something about this a couple years and thought it had faded away. There's a possibility there's might be a lot more to this based on two-year-old rumors.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

2 hours ago, KJP said:

 

I wrote something about this a couple years and thought it had faded away. There's a possibility there's might be a lot more to this based on two-year-old rumors.

If I remember right wasn't this a whale with potentially thousands of jobs when you heard the rumors?

It was considered for Fairfax

13 hours ago, cle_guy90 said:

If I remember right wasn't this a whale with potentially thousands of jobs when you heard the rumors?

 

Yes. Their regional office has been in Mayfield Heights near Progressive so it was probably easy for them to just forward the mail there. But long-term, if there is still a whale in the cards here, it might still move to Fairfax or at least put their production facilities there and/or along Opportunity Corridor.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

22 hours ago, cle_guy90 said:

https://www.crainscleveland.com/health-care/canon-announces-new-subsidiary-likely-be-based-cleveland-area-aims-strengthen-global

 

Canon healthcare USA going to be headquartered in the Cleveland area. Only 20 employees but still a good start!

 

The company's press release says portions of two other subs as well as local sub QED will be transferred to Canon Health, with Fujitsu, the current head of QED, becoming chairman. That sounds like more than 20 people.  It's an immediate $300 million investment.  I don't know if it's a whale; but Canon Health is definitely a nice orca.

 

Longer term they plan to become the provider of equipment and software to turn detection into prescriptive medicine. That's big bucks and big R&D. 

Remember: It's the Year of the Snake

2 hours ago, Dougal said:

 

The company's press release says portions of two other subs as well as local sub QED will be transferred to Canon Health, with Fujitsu, the current head of QED, becoming chairman. That sounds like more than 20 people.  It's an immediate $300 million investment.  I don't know if it's a whale; but Canon Health is definitely a nice orca.

 

Longer term they plan to become the provider of equipment and software to turn detection into prescriptive medicine. That's big bucks and big R&D. 

 

High tech medical equipment makes sense for near UC, what with a definite world class hospital, one that's at least close, and Case nearby.

3 hours ago, E Rocc said:

 

High tech medical equipment makes sense for near UC, what with a definite world class hospital, one that's at least close, and Case nearby.

And IBM--which could mean something in five years when their quantum computers are useful.

On 11/29/2022 at 4:51 PM, LlamaLawyer said:

And IBM--which could mean something in five years when their quantum computers are useful.

 

I don't think it's supposed to take that long - with installation to be completed in Q1, 2023.  In any case, medical diagnostics needs as much computing power as weather forecasting, so the location is just about perfect, as you say.

Remember: It's the Year of the Snake

3 hours ago, Dougal said:

 

I don't think it's supposed to take that long - with installation to be completed in Q1, 2023.  In any case, medical diagnostics needs as much computing power as weather forecasting, so the location is just about perfect, as you say.

It will be installed sooner, but IBM's Osprey--its 433 qubit (qubits are the quantum equivalent of bits) state of art processor released this month--isn't useful. 433 qubits is enough to do amazing work in theory, but the qubit integrity IBM actually has is still too low, which means you can run an algorithm through the machine which would be impossible to run on a conventional supercomputer, but the results of algorithm would be so incredibly inaccurate that it's just noise. They compensate for this by having most of the qubits focused on correcting errors of other qubits. This way you can get an accurate result, but the complexity of algorithms is greatly reduced.

 

In other words, the quantum computer to be installed at the Cleveland Clinic next year is not a useful machine for doing calculations, because it can't do anything that your macbook can't. What it IS is a useful training tool for the Clinic to start getting used to the design, infrastructure, and kinds of problems quantum computing can solve. That's why I say in five years, which is my uneducated guess on when IBM's quantum machines become able to do calculations that standard computers cannot. When that time comes, the Cleveland Clinic will be well positioned to jump right in with a minimal learning curve.

The quarterly jobs report is far more accurate than the monthly Bls publications and it’s nice to see Cuyahoga keeping pace with Franklin for  q2.

 

C2C09731-939B-4916-9489-9415918A27AB.jpeg

2 hours ago, bwheats said:

The quarterly jobs report is far more accurate than the monthly Bls publications and it’s nice to see Cuyahoga keeping pace with Franklin for  q2.

 

C2C09731-939B-4916-9489-9415918A27AB.jpeg

Where can one find this data? Does it come from household survey? If not, how is the data generated?

www.bls.gov/web/cewdat.supp.toc.htm

QCEW (survey of 95% of employers in county)


then go to hyperlink:


current year quarterly data grouped by area

 

there you can search any county

 

So the increase in jobs from Q1 to Q2 in 2022 was about 10,000 for both Cuyahoga and Franklin counties?

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

7k for Franklin in Month 3 of q2

10k for Cuyahoga in Month 3 of q2

5k for Allegheny “                “


in all fairness to Franklin, they’ve recovered much of their job loss from pandemic.

A few highlights 


•Canon Healthcare USA will initially have 20 employees but is expected to grow to 200 in 4 - 5 years.  
•Several sites under consideration that include expansion at Canon’s current operation in Mayfield and sites along Opportunity Corridor near CCF and UH’s campuses.  Canon prefers owning to leasing

•New construction and existing buildings both being considered.

•Announcement for Canon Healthcare USA’s HQ is expected in Q1 of 2023.

 

 

55 minutes ago, Sapper Daddy said:

A few highlights 


•Canon Healthcare USA will initially have 20 employees but is expected to grow to 200 in 4 - 5 years.  
•Several sites under consideration that include expansion at Canon’s current operation in Mayfield and sites along Opportunity Corridor near CCF and UH’s campuses.  Canon prefers owning to leasing

•New construction and existing buildings both being considered.

•Announcement for Canon Healthcare USA’s HQ is expected in Q1 of 2023.

 

 

Here’s hoping they move it to Cleveland proper.

16 hours ago, JB said:

Here’s hoping they move it to Cleveland proper.

No doubt Bibb will work at this. Hopefully he's effective.

 

Does anyone know how many parcels along Opportunity Corridor the city owns outright and where they are? Seems like a good opportunity to sell a parcel for a dollar to Canon.

I quickly answered my own question.

 

Seems like this 9 acre parcel could be a great spot.

 

image.png.70b4cd5d42055d220c17c992c4ec09bc.png

14 minutes ago, LlamaLawyer said:

No doubt Bibb will work at this. Hopefully he's effective.

 

Does anyone know how many parcels along Opportunity Corridor the city owns outright and where they are? Seems like a good opportunity to sell a parcel for a dollar to Canon.

 

I am sure that Cleveland is probably all over this. However, I don't think they can sell land for below market value.

 

Also, There's tons of city owned land that is titled to land bank. 

This has actually been the rumor for the last few years. I'm working on an article about it.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

  • 3 weeks later...
On 11/27/2022 at 12:18 PM, KJP said:

 

I've heard E&Y reps have been checking out several buildings downtown in recent months.

 

I tipped off a friend at T&E about these rumors, she mentioned it to her bosses who had not heard anything.   She told me over the weekend it's now confirmed.

On 11/25/2022 at 9:24 AM, Henke said:

Heard during thanksgiving dinner that E&Y are planning to leave their building in the flats and downsize to a smaller location downtown. 
 

 

 

On 11/26/2022 at 9:54 AM, Htsguy said:

No.  I know Tucker and Ellis offices are located there.  I am sure there are others although Tucker and E&Y are probably the two biggest tenants.

A lot of law firms are downsizing their office space needs with more people working remotely at least part-time.  I heard that Tucker is subleasing a significant part of at least one floor to a smaller law firm moving from another downtown office building. 

All of this uncertainty with how WFH will affect the region seems like it makes it the perfect time to start the conversation on a city-county merger. Just a thought.

Sent from my Pixel 7 using Tapatalk

'Say Yes Cleveland' is (oops) a little short of money.  How could that have happened?  When they said here's how it will work like magic ... bla, bla, bla  .... "and then we send all the money to New York ..." my reaction was WHAT? 

 

Say Yes Cleveland still facing multimillion-dollar funding gap | Crain's Cleveland Business (crainscleveland.com)

Remember: It's the Year of the Snake

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