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A worldwide economic crash AND a change in priorities at the Statehouse.

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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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That's a pretty good explanation Sixth City. The only other point I would add regarding the manufacturing jobs is that Automation has cost more jobs than Off-shoring.

 

 

 

 

You guys are really smart and up on these issues. I would encourage you to consider writing and submitting to BELT. They need the information in everyone's brains here.

That's a pretty good explanation Sixth City. The only other point I would add regarding the manufacturing jobs is that Automation has cost more jobs than Off-shoring.

 

Error proofing in final assembly operations has also made those tasks simpler to perform, meaning they need lower skill levels.  This makes them more offshorable as well. 

 

Keep in mind that the "made in" location is determined by the final assembly site.  A part officially made in Mexico or China may have a lot of American manufactured components.

The article is really calling to attention the decade long recession (by Cleveland standards) from 2000 to 2010 and the lingering effects.  It is calling attention to the fact that recovery is painfully slow.  But nevertheless, there is a recovery.  I haven't lived in the area in 30 years, but when I visit I can see obvious changes for the better.  Especially in the last 3 to 5 years. There seems to be a lot of private money, aided by public money being invested locally.  This was noticeably absent in years past.  It is slow at first but then builds to a critical mass.  This of course does nothing to ameliorate the suffering of those who lost jobs in the short term.  The author is correct in stating that cutting-off aid is a terrible mistake.  Hopefully, the local economy is beginning to reverse a half century of decline.  Even at its worst, Cleveland was and is far ahead of most of the "new economy" and certainly the rest of Ohio.

IIRC sometime in the last 15 years, Cleveland became a white collar city, which also attributed to economic change.

 

Along with a long history of being a financial city, we are now diversifying and becoming more of a service oriented economy.  We've also created economic generators at the neighborhood level.

 

This change has been slower than coastal cities like Philly (which started to turn around in the late 90s) and DC (which started to turn around right after 2001).

 

Cleveland – Further Improvement

Though growth continues to be slower than national and statewide advances, the Cleveland metro area’s economy has strengthened in the first half of 2014. The housing market

has particularly improved, with both house prices and building permits increasing. The metro area has also experienced a sharp decline in unemployment and modest increases

in job numbers and average weekly wages. The latest data shows that 28.5 percent of adults in Cleveland have a bachelor’s degree, bringing the metro area up to the nation’s rate.

 

http://www.clevelandfed.org/our_region/regional_profile/pdf/Cleveland_2014Q3.pdf

 

 

I've been noticing a lot of the "inversion"deals recently: Eaton/Cooper, Burger King/Tim Hortons..

 

Steris buying a new HQ in England but says Cleveland still home

 

MENTOR, Ohio--Another prominent Greater Cleveland employer intends to pull up the corporate flag and move the company headquarters abroad.

 

Steris Corp., a Mentor-based medical technology company, announced Monday it plans to buy a British competitor and reincorporate in the United Kingdom.

 

It will pay $1.9 billion in cash and stock for Synergy Health PLC to create New Steris. If the deal closes in March, as expected, old Steris will become a $2.6 billion company with a lower U.S. tax bill and a larger presence in Europe.

 

National and global publications were quick to note the growing popularity of the Steris strategy.  More and more U.S. companies are buying foreign rivals and reincorporating overseas. Such deals, known as "inversions,"  allow them to escape U.S. corporate taxes.

 

http://www.cleveland.com/business/index.ssf/2014/10/steris_buying_a_new_hq_in_engl.html#incart_river

"@cbreCleveland: Cleveland #Industrial market, over 800,000 SF of positive absorption, per #CBRE #Cleveland's 3Q Marketview read more http://t.co/p4LaUOn34c"

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

I've been noticing a lot of the "inversion"deals recently: Eaton/Cooper, Burger King/Tim Hortons..

 

Steris buying a new HQ in England but says Cleveland still home

 

MENTOR, Ohio--Another prominent Greater Cleveland employer intends to pull up the corporate flag and move the company headquarters abroad.

 

Steris Corp., a Mentor-based medical technology company, announced Monday it plans to buy a British competitor and reincorporate in the United Kingdom.

 

It will pay $1.9 billion in cash and stock for Synergy Health PLC to create New Steris. If the deal closes in March, as expected, old Steris will become a $2.6 billion company with a lower U.S. tax bill and a larger presence in Europe.

 

National and global publications were quick to note the growing popularity of the Steris strategy.  More and more U.S. companies are buying foreign rivals and reincorporating overseas. Such deals, known as "inversions,"  allow them to escape U.S. corporate taxes.

 

http://www.cleveland.com/business/index.ssf/2014/10/steris_buying_a_new_hq_in_engl.html#incart_river

 

The highest corporate tax rates in the developed world will cause that.  It's a lot like the early English rock stars leaving the UK.

The hunt for Northeast Ohio tech talent is 'super crazy'

And employees of other Northeast Ohio businesses often are targets of search

By CHUCK SODER

October 19, 2014 4:30 AM

 

The fight for tech talent is getting rough.

 

Sure, Silicon Valley's tech titans have long practiced the art of poaching — recruiting employees from other companies, even when they're not actively looking for jobs.

 

But nowadays, a growing number of Northeast Ohio companies are doing the same thing, according to several people who spoke with Crain's.

 

They say it's necessary to go after other companies' employees given how hard it has become to fill a growing demand for technical talent — especially software developers. And the rise of LinkedIn has made it much easier to study potential job candidates and get in touch with them.

 

READ MORE AT:

http://www.crainscleveland.com/article/20141019/SUB1/310199993/the-hunt-for-northeast-ohio-tech-talent-is-super-crazy

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

Personal observation: While out driving on the east side 'burbs I was surprised by the amount of new construction going on. Some projects I've already seen, but others look like dirt had just began to be removed to prepare for construction. The area I was in is Highland Hills including the Chagrin Highlands development. Its good to see these development s that were stalled pick up again as that means demand is growing here, which is good for the entire region.

Didn't see this posted yet, but thought this excerpt was interesting: "Frantz Ward went through an exhaustive search for new space and reviewed its options with Key Tower before switching trophy towers on Public Square, Keim said. It even saw proposals for two new office buildings and space in a retrofitted building before settling on 200 Public Square, although Keim declined to discuss the plans in any detail." Referencing the "two new buildings".....hopefully exciting news soon. Btw this is a recent Crains Cleveland article discussing Frantz Ward move from Key Tower.

Didn't see this posted yet, but thought this excerpt was interesting: "Frantz Ward went through an exhaustive search for new space and reviewed its options with Key Tower before switching trophy towers on Public Square, Keim said. It even saw proposals for two new office buildings and space in a retrofitted building before settling on 200 Public Square, although Keim declined to discuss the plans in any detail." Referencing the "two new buildings".....hopefully exciting news soon. Btw this is a recent Crains Cleveland article discussing Frantz Ward move from Key Tower.

 

It was posted here:

http://www.urbanohio.com/forum2/index.php/topic,4266.msg730331.html#msg730331

 

BTW, welcome to the forum!

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

Thanks, I have been reading the forum religiously for two years now and thought I would contribute. I must have missed the thread posting, but had been waiting for one of the regular posters to post it since the weekend. Too bad the office towers referenced probably aren't for the public square parcel.

Crain's Cleveland ‏@CrainsCleveland  3s3 seconds ago

ACE Report shows Cleveland-Akron area lost jobs in September; year-over-year growth substantial http://bit.ly/1D6O2W7

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

  • Author

^Over 60,000 jobs created here in the past year?  I'll take that!

Cleveland's brain drain hysteria breeds bad policy

Blog Entry: October 27, 2014 2:20 PM    |    Author: RICHEY PIIPARINEN

 

...For example, Greater Cleveland’s lack of a young adult brain gain from 2000 to 2012 resulted from a substantial decrease of nearly 16,000 25- to 34-year-olds with a four-year college degree from 2000 to 2006. The 2001 recession and subsequent jobless recovery hit Cleveland hard. However, my research at the Center for Population Dynamics at Cleveland State University showed that Greater Cleveland recouped the losses from earlier in the decade, gaining approximately 17,000 25- to 34-year-olds with a four-year degree from 2006 to 2012 — an increase of 23%.

 

Moreover, the Census recently released data for 2013, which allows a comparison of the nation’s top big-city metros for 2011 to 2013: the current era of economic recovery. Put simply, what large metros have the momentum? Has there been a shift in where the “young and the restless” are attempting to settle down?

 

The results are surprising (see table below). Cleveland ranks third in the nation, with a 19.85% increase in the number of young adults with a college degree, behind the Sun Belt metros Nashville and Orlando. And no, this percentage “pop” for the region is not simply due to the fact that Cleveland had a really small base of young college graduates. In fact, the region’s three-year gain of 15,557 ranks Cleveland 15th in total gains, despite being the 29th largest metro in the nation. To put this in perspective, Greater Cleveland had a larger total growth than Chicago, and nearly seven times the gain of Portland: the nation’s poster child for where the “young and restless” go to “live, work, play.”

 

What gives?

 

Part of the answer may be economic. For example, my colleagues Joel Kotkin and Aaron Renn recently analyzed the growth in per capita GDP from 2010 to 2013 for Forbes in a piece titled “The cities that are benefiting the most from the economic recovery.” Cleveland ranked 15th in the nation, with a 6% increase. In terms of income, the metro area is fifth in the nation in the total per capita income increase from 2010 to 2012, behind Houston, San Jose, Oklahoma and San Francisco....

 

http://www.crainscleveland.com/article/20141027/BLOGS05/141029817/clevelands-brain-drain-hysteria-breeds-bad-policy

 

Cleveland's brain drain hysteria breeds bad policy

Blog Entry: October 27, 2014 2:20 PM    |    Author: RICHEY PIIPARINEN

 

...For example, Greater Cleveland’s lack of a young adult brain gain from 2000 to 2012 resulted from a substantial decrease of nearly 16,000 25- to 34-year-olds with a four-year college degree from 2000 to 2006. The 2001 recession and subsequent jobless recovery hit Cleveland hard. However, my research at the Center for Population Dynamics at Cleveland State University showed that Greater Cleveland recouped the losses from earlier in the decade, gaining approximately 17,000 25- to 34-year-olds with a four-year degree from 2006 to 2012 — an increase of 23%.

 

Moreover, the Census recently released data for 2013, which allows a comparison of the nation’s top big-city metros for 2011 to 2013: the current era of economic recovery. Put simply, what large metros have the momentum? Has there been a shift in where the “young and the restless” are attempting to settle down?

 

The results are surprising (see table below). Cleveland ranks third in the nation, with a 19.85% increase in the number of young adults with a college degree, behind the Sun Belt metros Nashville and Orlando. And no, this percentage “pop” for the region is not simply due to the fact that Cleveland had a really small base of young college graduates. In fact, the region’s three-year gain of 15,557 ranks Cleveland 15th in total gains, despite being the 29th largest metro in the nation. To put this in perspective, Greater Cleveland had a larger total growth than Chicago, and nearly seven times the gain of Portland: the nation’s poster child for where the “young and restless” go to “live, work, play.”

 

What gives?

 

Part of the answer may be economic. For example, my colleagues Joel Kotkin and Aaron Renn recently analyzed the growth in per capita GDP from 2010 to 2013 for Forbes in a piece titled “The cities that are benefiting the most from the economic recovery.” Cleveland ranked 15th in the nation, with a 6% increase. In terms of income, the metro area is fifth in the nation in the total per capita income increase from 2010 to 2012, behind Houston, San Jose, Oklahoma and San Francisco....

 

http://www.crainscleveland.com/article/20141027/BLOGS05/141029817/clevelands-brain-drain-hysteria-breeds-bad-policy

 

 

Seriously, doesn't this kind of contradict the idea that younger people are flocking to cities?

^ What do you mean?

^ What do you mean?

 

It's a general belief around here that younger people are increasingly urbanist minded.  I've always been skeptical.

Have you not seen the numbers on the downtown rental market?

^ What do you mean?

 

It's a general belief around here that younger people are increasingly urbanist minded.  I've always been skeptical.

 

Right, but what in the article contradicts "the idea that younger people are flocking to cities?"

^ What do you mean?

 

It's a general belief around here that younger people are increasingly urbanist minded.  I've always been skeptical.

 

Right, but what in the article contradicts "the idea that younger people are flocking to cities?"

 

If we think we're lagging in Cleveland, but in reality we're ahead of the curve, what does that say about perception and reality?

 

I've never said that downtown isn't booming or that urbanism doesn't have an economically significant constituency.  I 'm skeptical that its as broad based as some would have us believe.

It says that demand for urban living in other markets became so popular that the average college grad can't afford it. Supply and demand, my man

E Rocc[/member] Well, we've only been ahead of the curve recently.  Our recent increase in educated young people has coincided with our increase in demand and supply in urban housing.  Not saying the the former is the total cause of the former but I would be surprised if they weren't linked, somewhat.

Richie's piece prompted me to play around with some census data, and this kind of blew my mind: between 2006 and 2012, the number of college-educated young adults (25-34) in the City of Cleveland (i.e., the city proper) grew by 68%, per the ACS (census data based on sampling), even as the city's overall population dropped by about 4%.  Over the same period, the number of college-educated young adults in the outer counties of the Cleveland MSA grew by only 6%.

 

In 2006, outer county college educated young adults outnumbered those in the City of Cleveland by more than 3 to 1.  In 2012, outer county college educated young adults outnumbered those in the City of Cleveland by less than 2 to 1.  The gap has been closing fast thanks to the rapid inflow of college educated young adults into the city.

 

^ I hope with every fiber of my being those numbers are accurate because they sound almost too good to be true.  A 68% increase in college educated young adults in the City proper within a 6 years?  You have to admit that almost sounds like an error.

It depends.  Was the actual number 6 years ago very small?

^^Yes, the high percentage increase is definitely due in part to the small denominator, but the growth between 2006 and 2012 was pretty big in absolute numbers too (more than 5K).

 

Doesn't look like the reliability of the single year census estimates suffer from sample size issues either.  The census also provides a 3-year rolling average for high levels of geography, essentially tripling the sample size (though also reflecting ongoing trends), and the growth in young, college-educated young adults between the 2005-2007 3-year estimate and the 2011-2013 3-year estimate was 65%.

 

ADDENDUM:

 

For some reason, I had trouble finding the single year 2013 estimates at first, but those numbers look even better: from 2006 to 2013, the number of young, college-educated adults in the City of Cleveland doubled.

 

This increase no doubt reflects an overall demographic bulge, and that could easily shift again (I'm not a demographer, so couldn't tell you one way or another). But, the most heartening part is that fact that share of young adults choosing Cleveland and Cuyahoga County over the outer counties has been growing substantially, and that trend may continue to play out, depending on the future tastes of the current 18-14 cohort. From 2006 to 2013, the City of Cleveland grew its share of the MSA's total population of young educated adults from 11 to 16%, even as the city lost population.

Pretty impressive shifts, even if from a relatively small base.

 

And it's worthwhile to point out that even relatively small jumps in the number of degree-holding residents can have huge impacts at the neighborhood level, since these college-educated residents are of course not spreading out evenly across the entire city geography. So where they are, big changes are afoot.

 

For example, I've been working on a research project in the northeast corner of Ohio City (aka the Hingetown area) and ran into this (mind you, not age-specific):

 

- As of the 2000 Census, 10.8% residents of this part of Ohio City had a bachelor's degree or higher.

- As of the 2006 - 2010 American Community survey, an estimated 42.1% of residents had at least a bachelor's degree ... Putting the area well above the national average, the state average, the Ohio City average (29.2%) and more than 3 times the estimated city average (13.1%).

 

Clearly, some of this might be the result of existing residents going out and earning degrees in growing numbers. But even accounting for a pretty big margin of error, that's got to be at least a three-fold jump in college-educated folks in a small district in a ten-year span ... Some of that has to be in-migration.

 

So if similar places across the city are similarly serving as magnets for attracting the educated, even an overall small trend that direction could have profound impact on individual neighborhoods' metrics - income, buying power, household size, home values, median rents, etc.

So, now I'm feeling all nerdy and decided to look at census tracts ... I would have gone down to the block group level to get to the Hingetown level of data I mentioned above ... But that's just too much. Haha.

 

The 5 Cuyahoga County census tracts with greatest rate of change in residents (25 or older) with a bachelor's degree or more, 2000 Census to 2006-2010 ACS Estimate (note of caution ... There may be some margin of error here)

 

- #5, Central in the East 30s, from 0.8% to 3.7% (more than four-fold increase)

- #4, Glenville in the East 100s, from 1.1% to 5.8% (more than five-fold increase)

- #3, South Collinwood in the East 140s, from 2.1% to 11.4% (more than five-fold increase)

- #2, Central in the East 20s, from 1.8% to 11.2% (more than six-fold increase)

- #1, St. Clair Superior in the East 80s, from 1.1% to 12.1% (an eleven-fold increase)

 

So these are all predominantly low-income city neighborhoods who largely saw the biggest rate of change because they started with such incredibly low percentages of college degree attainment. Nonetheless, some really dramatic gains in neighborhoods that aren't generally on the UrbanOhio radar.

 

The 5 census tracts with the greatest change in % of residents (25 or older) with at least a bachelor's degree, between 2000 Census and 2006 - 2010 ACS Estimate

 

#5, Asiatown, north of Superior ... Where 8shades lives :D, from 6.7% to 25.0% (an 18.3% increase)

#4, Buckeye, south of Shaker Square and adjacent to Van Aken, from 13.9% to 32.3% (an 18.4% increase)

#3, Berea, west of Baldwin-Wallace, from 17.7% to 39.0% (a 21.3% increase)

#2, Downtown, the northeast section including the CSU campus, from 28.5% to 50.1% (a 21.6% increase)

#1, University Heights, in and around the John Carroll campus, from 57.6% to 81.9% (a 24.3% increase)

 

So definitely appears to be some love in urban neighborhoods, as well particularly strong performance directly adjacent to college campuses. That's not to say that educational growth isn't strong in suburban communities - a Mayfield Heights tract comes in at #6, one in South Euclid at #7, one in Richmond Heights at #8 and one in Euclid at #10 (the West Bank of the Flats brings us back into the city at #9).

 

... And just to remind us of how much further that generational shift around urban living still has to go ...

 

Cuyahoga County census tracts with the greatest % of residents with at least a bachelor's, 2006-2010 ACS estimate

 

#5 is in University Heights (76.0% with bachelor's or higher), #4 is in Cleveland Heights (80.8%), #3 is in University Heights (81.9%), #2 is in Beachwood (85.0%) and #1 is in Shaker Heights (87.8%).

 

The first city census tract to make the list is Little Italy, ranked #25 countywide.

Downtown tracts make their first appearance at #44.

 

Clearly a lot of positive movement around degree attainment in city neighborhoods; clearly a long way to go.

 

Plenty of construction jobs, but not enough qualified applicants

By Olivera Perkins, The Plain Dealer

On October 23, 2014 at 10:00 AM, updated October 23, 2014 at 10:04 AM

 

CLEVELAND, Ohio - Construction hiring slowed to a crawl during the recession. Now, an improving economy has sparked more construction activity, but employers are having difficulty finding qualified workers, according to a new report by a national contractors' organization.

 

Nationally, 83 percent of construction firms reported varying degrees of difficulty in filling key professional and craft worker positions, according to the report released Wednesday by the Associated General Contractors of America, based in the Washington, D.C., area. In Ohio, 91 percent of construction firms reported such difficulties in hiring, the report said.

 

About 2 million workers lost jobs in the construction industry during the economic downturn, said Ken Simonson, chief economist for the Associated General Contractors, during the news conference releasing the report.

 

He said some workers retired while others got jobs in industries that were hiring, such as oil, gas and trucking. Though construction hiring is now brisk in many parts of the country, these workers haven't returned to their former industry. Another reason that makes hiring difficult? Simonson said since construction careers aren't being emphasized in the schools, there isn't a steady pipeline of workers being created to fill these openings.

 

READ MORE AT:

http://www.cleveland.com/business/index.ssf/2014/10/plenty_of_construction_jobs_bu.html

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

^A lot of construction workers also moved down to the sun belt and other more booming areas of the country prior to the nationwide recession, when our local economy and housing market was in recession starting around the turn of the century (?)

Northeast Ohio is key hub for nation's manufacturing push

By RACHEL ABBEY McCAFFERTY

November 02, 2014 4:30 AM

 

Northeast Ohio is leaving a mark on some national initiatives to advance manufacturing.

 

President Barack Obama last week announced plans to invest $100 million in an apprenticeship grant competition, $130 million in a competition that will help small manufacturers take on new technology, and more than $300 million in the advanced materials, advanced sensors and digital manufacturing technologies.

 

The University of Akron played a sizable role in identifying the priorities behind those announcements as part of the Advanced Manufacturing Partnership 2.0.

 

But that's not the only connection Northeast Ohio has had to the national manufacturing conversation of late, as the CEO of Kent Displays Inc. — the company that makes the Boogie Board e-writer — recently completed an appointment as the co-chair of the subcommittee on innovation, research and development on the U.S. Department of Commerce's Manufacturing Council.

 

READ MORE AT:

http://www.crainscleveland.com/article/20141102/SUB1/311029972

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

long-time area construction firm to move into flats

 

Nestled between the old Superior Viaduct and the Center Street swing bridge in the Flats sits a building that once housed a foundry for the White Sewing Machine Company. The squat, one story brick structure dates back to the late 1800's.

 

Vacant for 15 years, the space is now in the final stages of a major update as the John G. Johnson Construction Company (JGJ) gets ready to move into their new digs at 1284 Riverbed Street. The company is scheduled to move into the space on November 10th.

 

 

http://freshwatercleveland.com/devnews/jgjconstructionflats110314.aspx

 

Siemens displays fresh interest in Cleveland as a tech center and "healthcare hub"

 

"In a day of encounters with university administrators and researchers, Spiegel shared details of new programs and investments Siemens envisions for the region. He and other executives revealed plans for:

 

Investing nearly $2 million to outfit a space in the Global Center for Health Innovation, creating an "executive conference center" in a city it sees as a hub of the healthcare industry.

Moving a regional headquarters focused on medical imaging from Pittsburgh to Cleveland and bringing about two dozen high-paying jobs downtown.

Forming more partnerships with CWRU to tap its expertise in radiology, biomedical engineering and medical imaging.

Until Tuesday, Siemens had been quiet about it plans for the Global Center. It's third floor space, at nearly 3,000 square feet, makes it one of the larger tenants.

 

"This city has become quite a hub for the healthcare industry" and the global center make that more obvious, Spiegel said in an interview at CWRU's Adelbert Hall, where he had met with university President Barbara Snyder. "We're a leader in healthcare technology. To be part of this new institution is something we're really interested in."

 

http://www.cleveland.com/business/index.ssf/2014/11/siemens_shows_fresh_interest_i.html#incart_river

 

Hopefully we see more and more of this type of investment.

Siemens displays fresh interest in Cleveland as a tech center and "healthcare hub"

 

"In a day of encounters with university administrators and researchers, Spiegel shared details of new programs and investments Siemens envisions for the region. He and other executives revealed plans for:

 

Investing nearly $2 million to outfit a space in the Global Center for Health Innovation, creating an "executive conference center" in a city it sees as a hub of the healthcare industry.

Moving a regional headquarters focused on medical imaging from Pittsburgh to Cleveland and bringing about two dozen high-paying jobs downtown.

Forming more partnerships with CWRU to tap its expertise in radiology, biomedical engineering and medical imaging.

Until Tuesday, Siemens had been quiet about it plans for the Global Center. It's third floor space, at nearly 3,000 square feet, makes it one of the larger tenants.

 

"This city has become quite a hub for the healthcare industry" and the global center make that more obvious, Spiegel said in an interview at CWRU's Adelbert Hall, where he had met with university President Barbara Snyder. "We're a leader in healthcare technology. To be part of this new institution is something we're really interested in."

 

http://www.cleveland.com/business/index.ssf/2014/11/siemens_shows_fresh_interest_i.html#incart_river

 

 

Now that feels nice!  :clap:

Downtown!

Siemens displays fresh interest in Cleveland as a tech center and "healthcare hub"

 

 

You might also want to post this article at:

http://www.urbanohio.com/forum2/index.php/topic,1782.0.html

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

No, LeBron James won't save Northeast Ohio's economy

Blog Entry: November 04, 2014 11:16 AM    |    Author: SCOTT SUTTELL

 

There are lots of reasons to be glad LeBron James is back in Cleveland. His economic impact on the region is not one of them.

 

An upcoming story in The New York Times Sunday Magazine tries to assess the real economic impact of the Cavaliers superstar on Northeast Ohio. Estimates have ranged from $163 million to $500 million per year, but those almost certainly are quite a bit too high.

 

From the story:

 

READ MORE AT:

http://www.crainscleveland.com/article/20141104/BLOGS03/141109943/no-lebron-james-wont-save-northeast-ohios-economy

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

New study finds Millennials driving job growth in downtown CLE: Boomers joining the scene http://t.co/G2b9cemCRX

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

 

Just found this----play the animation/'play button' at the top--and keep your eye on Cleveland and you watch Detroit and New York (and other places) swell and contract red and blue in your periphery. Gets very scary around 2009--for the whole country.

 

http://tipstrategies.com/geography-of-jobs/

 

Just found this----play the animation/'play button' at the top--and keep your eye on Cleveland and you watch Detroit and New York (and other places) swell and contract red and blue in your periphery. Gets very scary around 2009--for the whole country.

 

http://tipstrategies.com/geography-of-jobs/

 

Amazing. Thanks!

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

Cleveland will seek to become a "gig city" with super fast Internet, starting in the Health-Tech Corridor

http://www.cleveland.com/business/index.ssf/2014/11/cleveland_will_seek_to_become.html

 

OneCommunity is aiming for a 100-gigabit-per-second system, which would be one of the fastest in the world, according to sources familiar with the project. Details of the new communications network are to be presented at a press conference Friday. City officials and OneCommunity executives were not commenting Tuesday, but sources said the city will announce a major federal grant that will allow the project to go forward.

Jay Williams, the U.S. Assistant Secretary of Commerce of Economic Development, is scheduled to speak at the press conference.

 

Cleveland will seek to become a "gig city" with super fast Internet, starting in the Health-Tech Corridor

http://www.cleveland.com/business/index.ssf/2014/11/cleveland_will_seek_to_become.html

 

OneCommunity is aiming for a 100-gigabit-per-second system, which would be one of the fastest in the world, according to sources familiar with the project. Details of the new communications network are to be presented at a press conference Friday. City officials and OneCommunity executives were not commenting Tuesday, but sources said the city will announce a major federal grant that will allow the project to go forward.

Jay Williams, the U.S. Assistant Secretary of Commerce of Economic Development, is scheduled to speak at the press conference.

 

 

This would be amazing.  Some competition for Time Warner Cable would be good too.

That's great to see. Keep your eyes on property transactions along Euclid in the coming months.

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

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