^ A lot of people poo poo these as low paying jobs but I think these are the type of low skill jobs that can help people move up the employment ladder.

 

Better than a stick in the eye but hardly a career, and they lack the stability of the jobs they're replacing.  In too many instances they're also replacing local businesses, which is not an even trade at all.  And it's nice that you can move up from these jobs but then again you kinda have to.  For the most part I agree about the transit benefit of their site selections though.

There are currently only two GCRTA routes that directly serve the old Randall Park Mall site...

 

+ the #19 Broadway/Miles (runs 24/7 as far east as East 131st & 20 hours a day east of there) and

+ the #41 Warrensville (runs 24/7 north of Southgate)

 

Many more GCRTA routes (and PARTA from Kent) used to serve it but were either discontinued or routed elsewhere since the mall closed. There are several routes nearby that could be rerouted or possibly extended a short distance to the former Randall Park Mall site (pending GCRTA's financial situation), including --

 

+ the #48A University Circle/East 131st/South Miles (runs 4am-7pm weekdays only -- the 48 to Marymount runs 24/7) and

+ the #15 Union/Harvard/Ellacot/Tri-C (runs 20-21 hours a day 7 days a week).

 

Also the #40 Lee/Rockside and #76 Broadway/Turney originate/terminate at Southgate and #90F I-77/Libby passes through Southgate, 1.7 miles south of North Randall or nine minutes away by the #41 bus.

Better than a stick in the eye but hardly a career, and they lack the stability of the jobs they're replacing.  In too many instances they're also replacing local businesses, which is not an even trade at all.  And it's nice that you can move up from these jobs but then again you kinda have to.  For the most part I agree about the transit benefit of their site selections though.

 

Wow, you really need to put yourself in the shoes of the people who would love to have a job, let alone one that offers a health plan, dental plan and 401k. If the jobs they're replacing were so stable, why are those jobs no longer there? I'm glad you're not in a position of influence because your continued desire for the perfect at the expense of the good would leave this region in a far worse condition.

BTW, why is the Amazon fulfillment center project in the business thread? It's a development project. It should be in the development section. Can we move it and the subsequent posts?

 

Crain's article... #BREAKINGNEWS: Amazon may stake claim to old Randall Park Mall site https://t.co/cGJ95sfhUJ

1,200 new jobs.  That's got to rival how many jobs were at Randall when it was at full strength.

1,200 new jobs.  That's got to rival how many jobs were at Randall when it was at full strength.

 

The PD article says:

 

But the employment would be a fraction of the estimated 5,000 or so people who worked at the mall in its heyday.

 

In anticipation of someone saying that 1,200 is a lot less than 5,000, Amazon isn't replacing 5,000 jobs. Those jobs have been gone for eight years. Instead, it's adding to the few jobs that have occupied the Sears store since converted into a industrial site, including Ohio Technical College's PowerSport Institute.

These 1,200 jobs will also support some additional jobs in retail services near the center.

Back to general business news (not a development project that should be in the NE Ohio development section)

 

IT workers in high demand regionally, says hiring trend report

http://www.cleveland.com/business/index.ssf/2017/07/it_workers_in_high_demand_regi.html

5000?  As big as that mall was, that seems high.  I'll bet half or more of those jobs were PT and close to minimum wage.

Here's a site plan and rendering showing proposed @amazon fulfillment center on former Randall Park Mall site. via @portofcleveland #CRE https://t.co/XYdW8w9k5R

Re: Amazon. Looks like they are doing same size (bigger price tag) in Utah.  Same partner - Seefried.

 

Amazon to Enter Utah with New 855,000-SF Fulfillment Center in Salt Lake City

Seefried, USAA Real Estate to Develop Complex in Northwest Quadrant; Facility to Create 1,500 Full-Time Jobs Upon Completion

 

http://www.costar.com/News/Article/Amazon-to-Enter-Utah-with-New-855000-SF-Fulfillment-Center-in-Salt-Lake-City/192569?rpt=1&utm_source=mc&utm_medium=email&utm_campaign=CoStarAdvisorWeeklySend&frontdoor=email

Huge! Could IKEA be next on mall site, with it being cleaned up? Hmmm. Already being rumored they are looking at that corner on southeast side.

 

Honestly, who cares at this point about IKEA. I can't believe they can't find any site large enough between Cleveland and Akron. Clearly IKEA has some weird issue with NE Ohio. Who needs them? Glad to see Amazon step up here.

 

Agree. Cleveland became great because of innovation. Not by being the 179th market to get a chain store.

^ A lot of people poo poo these as low paying jobs but I think these are the type of low skill jobs that can help people move up the employment ladder.

 

Bingeaux.  Work there a couple years straight taking the bus, and you have a solid work history that allows you to apply other places (with car if needed) and stand a better chance of getting hired.

There are currently only two GCRTA routes that directly serve the old Randall Park Mall site...

 

+ the #19 Broadway/Miles (runs 24/7 as far east as East 131st & 20 hours a day east of there) and

+ the #41 Warrensville (runs 24/7 north of Southgate)

 

Many more GCRTA routes (and PARTA from Kent) used to serve it but were either discontinued or routed elsewhere since the mall closed. There are several routes nearby that could be rerouted or possibly extended a short distance to the former Randall Park Mall site (pending GCRTA's financial situation), including --

 

+ the #48A University Circle/East 131st/South Miles (runs 4am-7pm weekdays only -- the 48 to Marymount runs 24/7) and

+ the #15 Union/Harvard/Ellacot/Tri-C (runs 20-21 hours a day 7 days a week).

 

Also the #40 Lee/Rockside and #76 Broadway/Turney originate/terminate at Southgate and #90F I-77/Libby passes through Southgate, 1.7 miles south of North Randall or nine minutes away by the #41 bus.

 

The old Maple Heights Transit had a line that went from  the SW corner of town up through Southgate and Randall and on to the Shaker Rapid.  You guys talk about car free living, well my mom never felt the need to get a drivers license. 

 

This was when it was autonomous of course, once full merger took place the downtown-centric agency eliminated it, just as merger opponents predicted.

Better than a stick in the eye but hardly a career, and they lack the stability of the jobs they're replacing.  In too many instances they're also replacing local businesses, which is not an even trade at all.  And it's nice that you can move up from these jobs but then again you kinda have to.  For the most part I agree about the transit benefit of their site selections though.

 

Wow, you really need to put yourself in the shoes of the people who would love to have a job, let alone one that offers a health plan, dental plan and 401k. If the jobs they're replacing were so stable, why are those jobs no longer there? I'm glad you're not in a position of influence because your continued desire for the perfect at the expense of the good would leave this region in a far worse condition.

 

Amen KJP

A lot of people in neighboring towns are irked at their local governments not having a counter proposal ready, which is dumb.

 

Amazon is different from IKEA, they likely had that site IDed long before NR had any clue.

BLS released their latest numbers for June.

 

Lots of interesting data for Cleveland.

 

Cleveland had a 2% jump in total employment from June 2016. That pace is right at the national average and hefty increase from over the winter. Eds and Meds employment is showing a torrid increase: 4.7% y-o-y. That pace is on par with the tech sector in San Jose and Austin. Even manufacturing went slightly positive.

 

Unemployment remained high at 6.4% but the total labor force is at it's highest level for June since 2010.

 

https://www.bls.gov/regions/midwest/oh_cleveland_msa.htm

 

Numbers are preliminary

Nice update.  Lots of good news in there.  Unemployment  has gone up 1 percent since April.  I assume that's from people getting back into job seeking mode.

Nice update.  Lots of good news in there.  Unemployment  has gone up 1 percent since April.  I assume that's from people getting back into job seeking mode.

 

Could it also be due to an increase in population?

^ the most likely reason is that people who've been on the sidelines are now seeking employment.  I suppose that population could be increasing too.  Perhaps some of the technical eds and med are being filled by newcomers to the region.

I think there are more people coming in to work in Cleveland from outside Cuyahoga county as in commuters. It would not surprise me that there are many new doctors and other medical people coming in from other states to work at CC.

  The service industry is a powerhouse in Cleveland.  People are working multiple jobs. I know of several people that are working in Cleveland from the Akron area and some that have moved up to Cleveland. I would say an increasing rental price in Tremont and Ohio City would be indicators of an influx of people from Akron area. Perhaps also Beachwood for people who are working on the east-side.

Nice update.  Lots of good news in there.  Unemployment  has gone up 1 percent since April.  I assume that's from people getting back into job seeking mode.

 

Could it also be due to an increase in population?

 

There certainly could be a population increase for the metro but it would be pretty small based on these numbers.

 

Unfortunately Cleveland is still well below where it was in 2007 before the recession. Most metros have caught up and passed the last recession. Cleveland needs to string together a year of 2% employment growth to see real returns in population. Manufacturing keeps dragging the average down even though Eds and Meds jobs are expanding at a decent clip because manufacturing still makes up a large sector of the Cleveland economy.

 

Also, while the unemployment number doesn't seem that high, it's now the highest for any Midwest metro. I'm sure there's a population drag as people without skills for these new jobs are leaving Cleveland altogether.

^ I agree.  It seems that at some point Eds and Meds will become a larger portion of the overall which will help offset manufacturing.  I also assume that as manufacturing move to the deep south that some workers are following those jobs. Some demographic information suggests that the Cleveland metro is slowly gaining in the college educated demo while those with just HS degree is stagnant or decreasing. I think we are witnessing an evolution in the economy albeit in slow motion.

Just a general question because I am not super familiar with Columbus's economic mix but.  The BLS shows significantly fewer manufacturing jobs than Cleveland, which makes sense. However, they have had strong gains in the manufacturing sector.  Does anyone know the reason for this?  Is it union, sector mix, or a combination of both?

Just a general question because I am not super familiar with Columbus's economic mix but.  The BLS shows significantly fewer manufacturing jobs than Cleveland, which makes sense. However, they have had strong gains in the manufacturing sector.  Does anyone know the reason for this?  Is it union, sector mix, or a combination of both?

 

I'll take a stab:

 

Part of it is type of manufacturing. A lot of Cleveland manufacturing is still a hold over from the early and mid 20th century. A lot of those types of jobs reside in China now or have been automated away.  I've got to believe that Columbus manufacturing as a whole is a more modern operation. The Honda plant in Marysville is just one example.

Just a general question because I am not super familiar with Columbus's economic mix but.  The BLS shows significantly fewer manufacturing jobs than Cleveland, which makes sense. However, they have had strong gains in the manufacturing sector.  Does anyone know the reason for this?  Is it union, sector mix, or a combination of both?

 

Hopefully jbcmh81 sees this question and can answer it.  He's our resident census numbers go-to guy.  But in case he doesn't, I'll take a shot at it:

 

I'd guess that many of the Columbus/Central Ohio manufacturing jobs fall into the "clean manufacturing" or "21st-century manufacturing" types.  (I don't know if those are actual BLS categories but its what I'd call them.)  Longtime R&D giant Battelle is an example.  But for new growth in this sector, I'd look at the manufacturing jobs that two of Central Ohio's wealthiest suburbs are attracting.  Both Dublin and New Albany have invested greatly in 21st-century business parks that mix offices with clean manufacturing operations.  An example in New Albany is PharmaForce - which their Linkedin page calls "a pharmaceutical research, development, and manufacturing company specializing in the sterile injectable market".

Just a general question because I am not super familiar with Columbus's economic mix but.  The BLS shows significantly fewer manufacturing jobs than Cleveland, which makes sense. However, they have had strong gains in the manufacturing sector.  Does anyone know the reason for this?  Is it union, sector mix, or a combination of both?

 

I'll take a stab:

 

Part of it is type of manufacturing. A lot of Cleveland manufacturing is still a hold over from the early and mid 20th century. A lot of those types of jobs reside in China now or have been automated away.  I've got to believe that Columbus manufacturing as a whole is a more modern operation. The Honda plant in Marysville is just one example.

 

Likewise their kieretsu.

Likewise their kieretsu.

 

Very tasty with soy sauce.  :-P

Best way to grow the local economy....

 

The state of Cleveland's startup environment is strong

http://www.crainscleveland.com/article/20170725/BLOGS03/170729878/the-state-of-clevelands-startup-environment-is-strong

Heard from an Amazon source last week that the facility at Randall Park mall site is pretty much a done deal.

Heard from an Amazon source last week that the facility at Randall Park mall site is pretty much a done deal.

 

Interesting. Good for North Randall. That whole gigantic block is an eyesore (including the PowerSports Institute), so hopefully this will get that cleaned up a bit.

 

Also kind of poetic that an Amazon facility would be replacing what was once the largest mall in the world. Just shows how much we've changed as a society in only a few decades.

Great news.  Would be much needed lift for that area and the tax base. 

Heard from an Amazon source last week that the facility at Randall Park mall site is pretty much a done deal.

 

Interesting. Good for North Randall. That whole gigantic block is an eyesore (including the PowerSports Institute), so hopefully this will get that cleaned up a bit.

 

Also kind of poetic that an Amazon facility would be replacing what was once the largest mall in the world. Just shows how much we've changed as a society in only a few decades.

 

Ditto for Euclid Square Mall.

An update on the plasma spark plug thing.

  Somehow they are making progress with Ford. They must really want that location.  I wonder if they are cutting a deal for Ford for future purchases of the spark plugs in order to gain access to the site.

http://www.cleveland.com/brook-park/index.ssf/2017/07/brook_park_officials_ford_clos.html

Heard from an Amazon source last week that the facility at Randall Park mall site is pretty much a done deal.

 

Interesting. Good for North Randall. That whole gigantic block is an eyesore (including the PowerSports Institute), so hopefully this will get that cleaned up a bit.

 

Also kind of poetic that an Amazon facility would be replacing what was once the largest mall in the world. Just shows how much we've changed as a society in only a few decades.

 

I was thinking that the other day. Online shopping is of course a big player in the decline of brick and mortar shopping, and of course the decline has preferentially hit locations with other challenges, meaning indoor malls.

 

We've increased the ability to communicate by orders of magnitude since RPM opened, of course it was going to transform our society.  And while the "cool kids" of 1976 would be horrified, the nerds would find it really neat (or whatever they said then), and since they were the ones who built it.....

  Somehow they are making progress with Ford. They must really want that location. 

 

An earlier article said the company expects to use air freight a lot and wants to be near an airport.

I think that was my surmise as a spark plug weighs very little. Therefore it could be flown in bulk to many manufacturing locations throughout the world very easily.

Meeting of the Minds sustainability/technology summit comes to Cleveland in October https://t.co/xZTuxEyj8G

I think that was my surmise as a spark plug weighs very little. Therefore it could be flown in bulk to many manufacturing locations throughout the world very easily.

 

BTW, thanks for pointing out that article. So like the PD to bury a major piece of business news in the Brookpark blog.

Cleveland Cord Blood Center has expanded its blood collection to Kaiser San Francisco Medical Center. Umbilical cord blood is collected (in Cleveland, Atlanta, and now San Francisco) and shipped to Warrensville Heights where it is purified and processed and reshipped to medical centers as injectable blood rich in stem cells.  This is a nice piece of business likely to grow; it's FDA-certified so there won't be a million competitors anytime soon. It will also be good for the air freight companies at Hopkins.

 

http://www.crainscleveland.com/article/20170726/NEWS/170729851/cleveland-cord-blood-center-expands-umbilical-cord-blood-collection

Huntington opens 3 new branches in Cleveland, will close 8 in suburbs

Posted on July 27, 2017 at 5:00 AM

By Teresa Dixon Murray, The Plain Dealer [email protected]

 

CLEVELAND, Ohio -- Huntington Bank today opened a new branch in Cleveland and announced plans to open two more in underserved neighborhoods in the city.

 

At the same time, Huntington is closing eight suburban branches and drive-thrus.

 

The Columbus-based bank broadened its reach in Northeast Ohio with the addition of a branch at 10573 St. Clair Ave., in Cleveland's Glenville neighborhood.

 

Huntington also plans to open a branch in the Lee-Harvard neighborhood next Monday and in Slavic Village in October. The bank chose those locations after talking with community leaders and evaluating its expansion prospects.

 

MORE:

http://www.cleveland.com/business/index.ssf/2017/07/huntington_opens_3_new_branche.html

Investors starting to shower their love on Cleveland

 

Veteran investor and global business authority Frederick Shepperd left Ohio in 2007 to establish a family office for high-net-worth people from a base in Zurich, Switzerland.

 

Capital was flowing away from major markets like New York and into Europe at the time, Shepperd said, as U.S. property values began to plummet and other market indicators pointed to a coming recession. So the New Philadelphia native followed the money overseas.

 

He has run Shepperd Investors AG from a European foothold for more than a decade now. Through a related alliance of family offices based in London, Shepperd's network has grown to roughly 200 European families from some 15 different countries with more capital than massive U.S. investment firm The Blackstone Group. His office invests directly in companies long-term, often targeting family owned operations.

 

This March, Shepperd returned to Ohio.

 

http://www.crainscleveland.com/article/20170730/NEWS/170739994/investors-starting-to-shower-their-love-on-cleveland

 

 

All those investment offices must need a shiny new Class A skyscraper in which to set up shop, right??

^good article!

Fund That Flip plans to expand in Cleveland

 

By Jay Miller  

A New York City real estate services company, Fund That Flip, is bringing its sales and back-office operations to Northeast Ohio.The three-year-old company currently has a small presence here at 1382 W. Ninth Street, and it intends to add 25 employees.

http://www.crainscleveland.com/article/20170731/NEWS/170739959/fund-that-flip-plans-to-expand-in-cleveland

 

https://www.bls.gov/news.release/metro.nr0.htm

 

From the June BLS employment data dump:

 

Of the 51 metropolitan areas with a 2010 Census population of 1 million or more,

Denver-Aurora-Lakewood, Colo., had the lowest unemployment rate in June, 2.5 percent.

Cleveland-Elyria, Ohio, had the highest jobless rate among the large areas, 6.4 percent.

Forty-three large areas had over-the-year unemployment rate decreases and eight had

increases. The largest rate decrease occurred in Detroit-Warren-Dearborn, Mich. (-2.0

percentage points). The largest over-the-year rate increase was in Cleveland-Elyria, Ohio

(+0.7 percentage point).

^ That number is accurate but a little deceptive. In fact employment in the Cleveland MSA increased in June by just under 10,000, a very healthy number; the unemployment rate increased because  the labor pool grew by an even larger number - just under 17,000.  Additionally, 6.4% is the raw data; seasonally adjusted numbers are tamer, with the unemployment rate being 5.9.

^You think this is accurate? It seemed like things were picking up.

^ That number is accurate but a little deceptive. In fact employment in the Cleveland MSA increased in June by just under 10,000, a very healthy number; the unemployment rate increased because  the labor pool grew by an even larger number - just under 17,000.  Additionally, 6.4% is the raw data; seasonally adjusted numbers are tamer, with the unemployment rate being 5.9.

 

Yeah, the jobs data is actually pretty positive. I posted that upthread.

^"the labor pool grew by an even larger number - just under 17,000"

 

thats a big change for one month (or is that YoY?).  Is this people suddenly 'looking for work' and thus filing for unemployment or did the population of workers actually grow?