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35 minutes ago, Jax said:

Walgreens is about to go the same path. Won't be shocked if they vanish.

 

I know of three full stores in the city or inner ring (156-Lakeshore, Slavic Village, Maple Heights) that have been closed and replace with smaller pharmacy-only locations.

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  • The Clinic will cut the ribbon on its quantum computer today. NOW is when the city should go all out to get one of the two Advanced Research Project Agency - Health sites for the city.  For the moment

  • Disagree. We could use more direct flights to more places that 500 miles or more away, we would be a stronger attraction to business. And if we could get to downtowns in Columbus, Cincinnati, Pittsbur

  • 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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On 3/6/2025 at 11:54 PM, Dougal said:

 

She more or less explains leveraged buy-outs.  They don't always fail; but it's an ugly business.

 

 

 

its maybe 50-50 at best. safeway and hilton are successful examples, so they exist. you have to really do you homework regarding who you are selling off to. the lure of the immediate cash in is strong.

https://www.crainscleveland.com/economy/advanced-manufacturing-dominated-new-team-neo-projects-2024

Advanced manufacturing dominated NEO economic development growth in 2024

 

TL;DR

  • Of the 125 business projects Team NEO completed in 2024 — marking a record year for the 14-county Northeast Ohio region JobsOhio network partner — 64 fall under the advanced manufacturing category
  • In total, the business growth supported by Team NEO last year is expected to create 3,848 new jobs, representing $253.3 million in annual payroll and $1.1 billion in capital investment.

  • Team NEO has consistently driven around 30% of the state’s new economic development since 2015, which translates into more than 56,000 new jobs, $3 billion in annual payroll, and $15 billion in capital investment.

  • The report showed that Cuyahoga County made up nearly one-third (40) of last year’s total projects, followed by Stark and Summit counties, which had 17 and 14 completed deals, respectively.

  • In 2024, Team NEO and Northeast Ohio led the state in small business grants. The program awarded 57 last year and 178 since its inception in 2019.

  • Although the grants are small compared to the bulk of the economic development projects JobsOhio funds, Team NEO’s small business support created 1,000 new jobs here.

Cleveland-Cement-Contractors-L.jpg

 

Baker Construction buys Cleveland Cement assets

By Ken Prendergast / March 12, 2025

 

As part of an ongoing effort to expand the company’s presence across the U.S, Baker Construction of Monroe in Southwest Ohio announced this week that it will be purchasing the equipment assets from Cleveland Cement Contractors, a Brooklyn Heights-based full-service concrete contractor.

 

MORE: 

https://neo-trans.blog/2025/03/12/baker-construction-buys-cleveland-cement-assets/

 

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

https://www.crainscleveland.com/real-estate/northeast-ohio-poised-data-center-expansions

Northeast Ohio poised for data center boom as developers eye region

 

TL;DR

  • Northeast Ohio is likely to see increased data center construction as demand for these power-hungry, often massive developments continues to rise
  • While much of the existing data center development has been in the central and southern parts of the state, those in the know say it also will spread north
  • "We’ve certainly seen a lot of activity in terms of active groups running site selections in Summit and Stark, up into Cuyahoga, Lake and Geauga counties,” said David Stecker, also a Cleveland managing director for JLL
  • Gregory says Ohio has joined Texas, Virginia, and Georgia as one of the top four states for data center developments. He doesn’t see that trend changing, and neither do others, who say Ohio, including Northeast Ohio, is becoming a new hot spot for projects
  • As for interest moving north with in the state, Stecker said it has increased in the last 12 months: “It’s similar in nature to what the Columbus area was seeing a few years ago.”  

  • Global data center development will need $170 billion in financing just in 2025 to keep up with demand for construction created by artificial intelligence and other types of data centers.

  • With its land, labor, power supply, and infrastructure, he predicts Northeast Ohio is likely to be invited of the party

 

And I can imagine it wouldn't hurt that Eaton just acquired a data center builder as well:

https://www.crainscleveland.com/manufacturing/eaton-buy-data-center-builder-fibrebond-14b

Eaton to acquire data-center builder for $1.4 billion

Edited by Geowizical

43 minutes ago, LlamaLawyer said:

https://www.cleveland.com/news/2025/03/nasa-urged-to-move-headquarters-to-ohio-as-dc-lease-expires.html

 

This could be a massive win, if we got NASA HQ relocated to NASA Glenn.

 

Florida is pushing for it to move near Kennedy Flight Center (Cape Canaveral) and that probably makes more sense.

 

I'd like to get NIH moved here.   It would make sense to move it to either Cleveland or Rochester, MN, adjacent to one of the two best hospitals in the world.   Cleveland makes sense because UH is also here and Metro is considered one of the top trauma hospitals IIRC.  Plus Stokes.

54 minutes ago, LlamaLawyer said:

https://www.cleveland.com/news/2025/03/nasa-urged-to-move-headquarters-to-ohio-as-dc-lease-expires.html

 

This could be a massive win, if we got NASA HQ relocated to NASA Glenn.

 

There has certainly been interest for a while on both sides of the aisle to decentralize certain parts of the government to help boost other regions of the US. While I'm personally not a fan of the administration defunding several key functions of the government, it's nice to see local leaders proactively marketing the region by identifying our local aerospace assets and getting support to drive interest as Ohio being a low-cost-of-doing-business alternative to DC (I'll be honest - in times like these, at least Moreno is a NEO-inclined senator). Biased as my opinion is, I think Cleveland would be a great choice. Rocketry infrastructure makes sense on the coasts (Canaveral, Vandenberg) but corporate makes sense to put near R&D and Glenn has to be one of the most prolific R&D sites in the entire NASA system. Texas and Florida ofc have their own merits too though.

Edited by Geowizical

56 minutes ago, LlamaLawyer said:

https://www.cleveland.com/news/2025/03/nasa-urged-to-move-headquarters-to-ohio-as-dc-lease-expires.html

 

This could be a massive win, if we got NASA HQ relocated to NASA Glenn.


This would be huge for the region.  It could nearly double the size of the workforce, though I imagine HQ personnel might work out deals to go to Goddard or Langley or work remotely before moving so far away.  HQ jobs tend to be higher paying than GRC’s as well, so it would be good opportunity for local talent to advance without having to relocate (assuming the hiring freeze is lifted sometime…).

 

The idea (from the article) that there is a lot of office space available at GRC is laughable.  It could barely handle the return to onsite work last month.  But there’s plenty of time and space to build more before 2028 and there are several underutilized office buildings right outside the gate on Aerospace Pkwy.

 

It really does make sense to put the headquarters at one of the ten space/research centers.  That’s where all the important stuff happens and HQ is just an office building.

Edited by acd

My comment on this. 

2 hours ago, JB said:

The Cleveland trade with Brookpark is looking worse and worse.

Isn't NASA Glenn located in Cleveland proper? It sits RIGHT next to Hopkins.

2 minutes ago, MyPhoneDead said:

Isn't NASA Glenn located in Cleveland proper? It sits RIGHT next to Hopkins.

Nope. In Brookpark. 

If true, TeamNEO and JobsOhio need to be all over this... 

 

Raytheon, Boeing, BoozAllen, etc. etc. would all need some sort of presence here to remain competitive

While the airport location may be good long term for parts of the NASA HQ staff there is probably more than enough space available in the Celebrez building downtown.

37 minutes ago, Willo said:

While the airport location may be good long term for parts of the NASA HQ staff there is probably more than enough space available in the Celebrez building downtown.

That is also a good option. 200 PS would be a good option as well, especially since this isn't a federal agency and 200 PS is centrally located along with getting upgrades.

Another Hail Mary economic play. This is as likely as Amazon putting their HQ2 here.

 

Even if they did move NASA here, as unlikely as that is, the administration is arbitrarily laying off giant portions of their employee base and slashing budgets. 

Edited by coneflower

We need to put ourselves out there. If it does end up happening and we lose out to another region because we didn't put our best foot forward - no matter the economic/federal circumstances - we'll be back on this forum in 2028 pointing fingers again asking "why didn't we try harder to land NASA's HQ, our local leaders suck".

 

If it doesn't end up happening, no harm no foul. You miss 100% of the shots you don't take.

NASA-Glenn-Research-Center-s.jpg

 

GOP Congressmen urge moving NASA’s HQ and its 2,500 employees to Cleveland
By Ken Prendergast / March 12, 2025

 

Both of Ohio’s U.S. senators and 11 of its 15 Congressional representatives urged in a joint letter yesterday to Vice President J.D. Vance and NASA Director Jared Isaacman to relocate the space agency’s 2,500-employee headquarters to Ohio, specifically to Cleveland, after its Washington DC HQ lease expires in 2028.

 

MORE:

https://neo-trans.blog/2025/03/12/gop-congressmen-urge-moving-nasas-hq-and-its-2500-employees-to-cleveland/

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

59 minutes ago, Geowizical said:

We need to put ourselves out there. If it does end up happening and we lose out to another region because we didn't put our best foot forward - no matter the economic/federal circumstances - we'll be back on this forum in 2028 pointing fingers again asking "why didn't we try harder to land NASA's HQ, our local leaders suck".

 

If it doesn't end up happening, no harm no foul. You miss 100% of the shots you don't take.


I just think it’s a bad idea to deconstruct the federal government and ship pieces/parts all over the country. I of course want jobs here in Cleveland and these folks gotta take a swing at it if it’s truly up for grabs. I am just expressing cynicism that I think this is a shiny object that distracts from the giant cuts to Medicaid, scientific research funding and academic freedom happening that are way more likely to have an impact on our regional economy. 

8 hours ago, JB said:

The Cleveland trade with Brookpark is looking worse and worse.

Mike White's legacy continues to nose dive. What a freaking moron. Or corrupt PoS. It's all the same. 

Agreed @coneflower. I was also just making a commentary on economic development in the region too 🖖 gotta set a precedent so we aren't caught off guard as things come up in the future

Edited by Geowizical

8 hours ago, JB said:

The Cleveland trade with Brookpark is looking worse and worse.

Mike White's legacy continues to nose dive. What a freaking moron. Or corrupt PoS. It's all the same. 

I guess Shontel Brown is brain dead. What's her reason? Fear of gentrification in some neighborhood in cleveland or some BS? 

EDIT: I should just always read Ken's articles before I post anything, lol.

Edited by LlamaLawyer

14 hours ago, coneflower said:


I just think it’s a bad idea to deconstruct the federal government and ship pieces/parts all over the country. I of course want jobs here in Cleveland and these folks gotta take a swing at it if it’s truly up for grabs. I am just expressing cynicism that I think this is a shiny object that distracts from the giant cuts to Medicaid, scientific research funding and academic freedom happening that are way more likely to have an impact on our regional economy. 

 

I disagree. There are many modular pieces of the federal government that don't really need to work that closely with the others most of the time. NASA is a prime example, since it has a mission that is largely independent of what other agencies are doing. It would be a bad idea to move, say, the state department or intelligence agencies, out of DC. But as far as I'm concerned, the research and science focused agencies can be located wherever.


At present, fewer than a quarter of federal employees work in D.C./Maryland/Virginia. The jobs already are spread all over the country. The only thing that is really centralized is the high-level leadership. People are concerned about the independence of agencies. Well, isn't decentralizing some of them a good way to maintain their independence?

14 hours ago, AsDustinFoxWouldSay said:

I guess Shontel Brown is brain dead. What's her reason? Fear of gentrification in some neighborhood in cleveland or some BS? 

 

She has a rather narrow agenda, like every one of her predecessors since Lou Stokes retired despite being somewhat less blatant about it.  

There's a fair amount of projects that overlap with DoD

 

Also I assume one of the primary advantages with the HQ people for all agencies being located in DC is proximity to legislators/lobbyists/other agencies to develop connections/relationships, network, lobby, etc in efforts to preserve budgets, foster new ideas, and just allow for easier communication. imo the relationships developed over Zoom pale in comparison to those made in person.

 

I would be ecstatic if nasa moved their HQ here but I think it would have detrimental effects on the organization as well. Which very well be the true rationale for them considering this for all the agencies. Clearly the administration actively trying to degrade the functionality of the government. 

They want to pick NASA apart and outsource the big stuff to SpaceX. I am supportive of jobs for Cleveland but we must be clear-eyed this is not good for the country, and it's depressing to me that our regional economic plan seems to be to scavenge for the crumbs that fall off a corrupt table. Do we seriously think this Administration is going to take this letter and say "Let's consider the options on the merits. Cleveland has great background in aerospace..." No, they are going to strip the agency down to nothing and figure out who will give them the most goodies to get the privilege of being home to an entity they have hollowed out. Gross! As you can tell, I'm pretty down on the direction our country is going 😆

16 hours ago, AsDustinFoxWouldSay said:

Mike White's legacy continues to nose dive. What a freaking moron. Or corrupt PoS. It's all the same. 

The way you post on here it seems like you are NEVER in a good mood. My god, relax. 

I love that we are putting ourselves out there as you miss 100% of the shots you don't take. That being said we are going against some heavy hitters in the NASA field. 

5 hours ago, coneflower said:

They want to pick NASA apart and outsource the big stuff to SpaceX. I am supportive of jobs for Cleveland but we must be clear-eyed this is not good for the country, and it's depressing to me that our regional economic plan seems to be to scavenge for the crumbs that fall off a corrupt table. Do we seriously think this Administration is going to take this letter and say "Let's consider the options on the merits. Cleveland has great background in aerospace..." No, they are going to strip the agency down to nothing and figure out who will give them the most goodies to get the privilege of being home to an entity they have hollowed out. Gross! As you can tell, I'm pretty down on the direction our country is going 😆

My guess is that the Maladministration is going to send the remaining pieces of the government to mostly very red areas of the country. 😕

Not sure if this is directly connected to CLE, but Rocket just bought RedFin. I didn't find anything about HQ's being relocated, and with that, Rocket is HQ'd in Detroit. However, hopefully this is good for the company overall and makes Dan more money that he can spend in CLE lol. As well as make the CLE branch of Rocket grow and need more space! :)

 

https://www.geekwire.com/2025/zillow-responds-to-rockets-planned-1-75b-acquisition-of-redfin/

 

https://www.seattletimes.com/business/seattle-based-redfins-sale-to-rocket-to-shift-online-homebuying-market/

 

Quote

The acquisition is likely to help Redfin remain afloat after years of losses, layoffs and spinning off underperforming business units. Last year, Redfin’s net losses were $164.8 million, and the company disclosed last month it was laying off 450 employees, the latest round of job cuts.  

 

Rocket Companies turned a profit of $636 million in 2024 after sustaining a $390 million loss the prior year. Rocket brands include Rocket Mortgage, the home search platform Rocket Homes, the title insurance company Amrock and ForSalebyOwner.com, an online marketplace for people selling homes on their own.   

 

  • Author

New numbers from the BLS are out- everything besides Ed’s & Meds are in the negative.

Edited by Oldmanladyluck

29 minutes ago, Oldmanladyluck said:

New numbers from the BLS are out- everything besides Ed’s & Meds are in the negative.

The BLS numbers just got MAJORLY revised. Not just recent ones, but old ones. I think they modified the numbers going back more than ten years. Maybe this is from adding Ashtabula, but that seems really late and I thought they did it already. I'll have to dig in and see if I can figure out what is going on, because it's all out of whack.

 

https://www.bls.gov/regions/midwest/oh_cleveland_msa.htm#eag_oh_cleveland_msa.f.2

 

EDIT: And just to be clear, the revisions push the size of the labor force UP. By a lot. Like, maybe more than 3%.

 

 

Edited by LlamaLawyer

Wayback machine to the rescue. Here's what the numbers looked like before:

 

image.png.d6a7c0e05cd8c6cf4c92a26df8788a11.png

 

And here's what they look like now:

 

image.png.028916c632638cc6636be269c35648cf.png

 

I'm pretty unsure what to make of this, unless it's the addition of Ashtabula and they just didn't get around to doing it till now.

10 minutes ago, LlamaLawyer said:

I'm pretty unsure what to make of this, unless it's the addition of Ashtabula and they just didn't get around to doing it till now.

 

If I were to guess, the fact that the previous table lists "Cleveland-Elyria-Mentor, OH MSA" and the new one lists "Cleveland, OH MSA" is pretty telling that its an Ashtabula Co update. The MSA name changed when Ashtabula was added.

 

US labor participation rate is ~62%. 62% of Ashtabula's 97k population is 60k. Probably less because I'm guessing it's an older county so less people in the labor force. Labor force increased by about 50k between tables. Boom.

 

Just guessing lol

Edited by Geowizical

3 minutes ago, Geowizical said:

 

If I were to guess, the fact that the previous table lists "Cleveland-Elyria-Mentor, OH MSA" and the new one lists "Cleveland, OH MSA" is pretty telling that its an Ashtabula Co update. The MSA name changed when Ashtabula was added.

 

US labor participation rate is ~62%. 62% of Ashtabula's 97k population is 60k. Probably less because it's an older county so less people in the labor force. Labor force increased by about 50k between tables. Boom.

 

Just guessing lol

I also looked at Columbus and Cincinnati, and they got revised up too, but not nearly as much. So it's possible they did a bunch of revisions including adding Ashtabula all in one.

 

I will say, whatever the cause of the other revision, I hope the January numbers get revised up later, because hoo-boy they're bad. And, just subjectively, it's a little hard for me to believe we're currently in a localized recession--which is what those numbers say.

29 minutes ago, LlamaLawyer said:

I also looked at Columbus and Cincinnati, and they got revised up too, but not nearly as much. So it's possible they did a bunch of revisions including adding Ashtabula all in one.

 

I will say, whatever the cause of the other revision, I hope the January numbers get revised up later, because hoo-boy they're bad. And, just subjectively, it's a little hard for me to believe we're currently in a localized recession--which is what those numbers say.

How exactly are the numbers bad again (genuine question)? Looking at the back data, the labor force, employment and unemployment (slightly) are all up since last January. Unless you're talking about something else...

image.png.85f99cbcb0b75e796f771cf9a098336a.png

 

Everything is climbing up since the pandemic (unemployment generally stable/decreasing) and there are ebbs and flows each year which is typical. Labor force and employment are both higher than 2015 (over the decade of data).

 

image.png.7df0054d05cb6d1fd5f316a99b318204.png

image.png.542ddcd78d4619e790ecaac4a91a0274.png

 

Edited by Geowizical

  • Author
31 minutes ago, LlamaLawyer said:

I also looked at Columbus and Cincinnati, and they got revised up too, but not nearly as much. So it's possible they did a bunch of revisions including adding Ashtabula all in one.

 

I will say, whatever the cause of the other revision, I hope the January numbers get revised up later, because hoo-boy they're bad. And, just subjectively, it's a little hard for me to believe we're currently in a localized recession--which is what those numbers say.


I haven’t checked Cincy or Columbus’ numbers but if they’re not two months negative growth then the recession is localized. The question would be why.

 

However, I will say that the BLS numbers for Cleveland historically are bad post revision every March. I don’t know how reliable the numbers are here and the reason why they’re always so bad post revision. I always questioned the reason why when compared to other cities but who knows.

 

 

16 hours ago, Geowizical said:

 

If I were to guess, the fact that the previous table lists "Cleveland-Elyria-Mentor, OH MSA" and the new one lists "Cleveland, OH MSA" i

 

Or Painesville objected to the Mentor callout.   >:)

 

Seriously, the change that needs to be made is to the Cleveland-Akron-Canton MSA.  I'd bet that industries in Twinsburg and the Nordonia suburbs draw at least as many employees from Cuyahoga as Summit County, and there's quite a few of them.

Edited by E Rocc

The formerly high number by which non-farm jobs consistently exceeded the labor force in the Cleveland MSA is greatly diminished in the new calculations.  That could very well be Ashtabula County related.

Remember: It's the Year of the Snake

19 hours ago, Geowizical said:

How exactly are the numbers bad again (genuine question)? Looking at the back data, the labor force, employment and unemployment (slightly) are all up since last January. Unless you're talking about something else...

image.png.85f99cbcb0b75e796f771cf9a098336a.png

 

Everything is climbing up since the pandemic (unemployment generally stable/decreasing) and there are ebbs and flows each year which is typical. Labor force and employment are both higher than 2015 (over the decade of data).

 

image.png.7df0054d05cb6d1fd5f316a99b318204.png

image.png.542ddcd78d4619e790ecaac4a91a0274.png

 

 

Household survey data is fine for January; I'm talking about the establishment survey (e.g. nonfarm employment data). Establishment survey shows 1071.4K jobs in January 2025, which is not only less than January 2024 but it also less than January 2023.

 

Net negative job creation over 24 months is recession territory, IMO. The establishment survey data got revised going back several years too, so I am hoping the January numbers are incomplete and look better when they're revised later on.

Gotta post this here because the NASA thread is still locked for some reason...

 

https://www.crainscleveland.com/politics-policy/proposed-nasa-hq-move-ohio-backed-mayors

Bibb, Ronayne and Team NEO make latest push for NASA HQ in Cleveland

 

Not much crazy new information, but the main takeaway is everyone in NEO is coming together with one coordinated voice. Quite amazing to see really

  • Letter co-signed by Cleveland Mayor Justin Bibb, Cuyahoga County Exec. Chris Ronayne and Team NEO CEO Matt Dolan
  • Over 80 other Northeast Ohio mayors, including Kahlil Seren (Cleveland Heights), Meghan George (Lakewood), and Shammas Malik (Akron), join the trio in backing the message, which was written under the Team NEO heading. 

  • Additionally, dozens of other local officials, including Michael Deemer (President and CEO of Downtown Cleveland, Inc.), Steve Millard (President and CEO of the Greater Akron Chamber) and eight members of the Cuyahoga County Council joined the letter.

  • This new letter touts the region's "thriving aerospace ecosystem" — "over 170 NASA suppliers and is the largest supplier to both Boeing and Airbus" — as well as the location, workforce and existing facilities.

14 minutes ago, Geowizical said:

Gotta post this here because the NASA thread is still locked for some reason...

 

https://www.crainscleveland.com/politics-policy/proposed-nasa-hq-move-ohio-backed-mayors

Bibb, Ronayne and Team NEO make latest push for NASA HQ in Cleveland

 

Not much crazy new information, but the main takeaway is everyone in NEO is coming together with one coordinated voice. Quite amazing to see really

  • Letter co-signed by Cleveland Mayor Justin Bibb, Cuyahoga County Exec. Chris Ronayne and Team NEO CEO Matt Dolan
  • Over 80 other Northeast Ohio mayors, including Kahlil Seren (Cleveland Heights), Meghan George (Lakewood), and Shammas Malik (Akron), join the trio in backing the message, which was written under the Team NEO heading. 

  • Additionally, dozens of other local officials, including Michael Deemer (President and CEO of Downtown Cleveland, Inc.), Steve Millard (President and CEO of the Greater Akron Chamber) and eight members of the Cuyahoga County Council joined the letter.

  • This new letter touts the region's "thriving aerospace ecosystem" — "over 170 NASA suppliers and is the largest supplier to both Boeing and Airbus" — as well as the location, workforce and existing facilities.

 

That's great, in particular everyone getting behind the push to bring this here.

 

It'd be dumb to not try to push to get this here, even if it doesn't eventually move.

In a small but nice expansion, River Roots, a whiskey blender in the Flats, is moving to larger quarters across the street from The Foundry boathouse.  Although not a distiller, River Roots has been buying and blending barrels of bourbon from small distilleries and reselling the result. 

 

My favorite rye, Whistlepig, started out this way as a blender and ager and then after great success moved on to distilling.  Good luck to River Roots.

 

River%20Roots2.jpg

 

https://www.crainscleveland.com/retail/river-roots-barrel-co-prepares-expansion-flats

 

Remember: It's the Year of the Snake

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