January 25, 201213 yr Thanks for posting that, KJP. It's definitely interesting, but I wish he'd also post the number of transactions used in each jurisdiction to calculate the total assessed/actual value gap. Hard to know how significant these data really are without it. The PD's coverage of property tax collections has been atrocious. Their article a week or two ago that presented rising tax rates as a "government always wins" trap was sensationalist garbage that almost buried the only info that was actually useful for people not familiar with the property tax system.
February 2, 201213 yr Does anybody know what project that Great Lakes Towing is working on that they needed to put up that giant tent down in their shipyard?
February 2, 201213 yr Does anybody know what project that Great Lakes Towing is working on that they needed to put up that giant tent down in their shipyard? Don't they do ship repairs/rebuilds? "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 2, 201213 yr They have been planning on building a new boat house for a number of years now (unless they already did and I never saw it).
February 2, 201213 yr Does anyone know what led to the great increase in accessed value for Cleveland?
February 4, 201213 yr Yes, I do! But I learned it only while researching this article..... :) Analysis finds Cleveland's commercial real estate market recovering well Published: Friday, February 03, 2012, 10:59 AM By Ken Prendergast, Sun News CLEVELAND A recovery in the city’s commercial real estate market could end up easing a predicted tax revenue shock on public-sector budgets that depend on property taxes, such as those for school and library districts, according to a new analysis. Every four years, Cuyahoga County’s staff appraises commercial and residential properties for purposes of assessing property taxes. This year is the first appraisal since the depths of the recession clobbered home sales nationwide and depressed property values. Tax analysts feared the results of this year’s appraisal by the county’s fiscal officer. For example, a 2011 study conducted for Cleveland’s Federal Reserve Bank estimated that the 2012 property appraisals in Cleveland may be 38 percent to 45 percent lower than a 2010 property re-evaluation. READ MORE AT: http://www.cleveland.com/sunpostherald/index.ssf/2012/02/analysis_finds_clevelands_comm.html "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 5, 201213 yr The post about the 25-year-old Ukrainian lad who owns 2.8 million square feet of downtown office space, certainly paid for with money only from legitimate businesses, was moved to: http://www.urbanohio.com/forum2/index.php/topic,4266.msg601149.html#msg601149 "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 5, 201213 yr Northeast Ohio banks buck the trend by doing a lot of hiring Published: Friday, February 03, 2012, 6:00 PM Updated: Saturday, February 04, 2012, 3:36 AM Teresa Dixon Murray, The Plain Dealer CLEVELAND, Ohio — While most banks nationwide continue to cut jobs, banks in Northeast Ohio are on a hiring spree. Banks of all sizes -- from KeyCorp to Huntington Bank to Third Federal -- are hiring dozens or even hundreds of workers in some cases. And even mega-banks that aren't based here, such as Chase, are creating jobs locally that really could be anywhere in the country. KeyCorp, for example, hired 850 employees in Northeast Ohio in 2011, and it has 390 open positions covering 150 types of jobs. http://www.cleveland.com/business/index.ssf/2012/02/local_banks_buck_the_trend_by.html
February 5, 201213 yr I read that the other day and was a bit puzzled since there was also an article about Cleveland leading nation in percentage drop in jobs (of coarse it was just worded that way by the PD, but there were other places equally bad or worse). It mentions this was due to job losses in finance and insurance. I'm guessing the losses were so high with Nat City/PNC and Ohio Savings that this higher than normal level of hiring in this field is just a drop in the bucket compared to what was lost.... This also makes you wonder what the lower than average unemployment rate really means (although I think part of the difference is being cognative whether they are talking about Cleveland proper, the metro or North east Ohio) Cleveland area leads nation in percentage drop in jobs Published: Thursday, February 02, 2012, 5:15 AM Updated: Thursday, February 02, 2012, 3:28 PM By Olivera Perkins, The Plain Dealer The Plain Dealer CLEVELAND, Ohio -- Greater Cleveland led the nation in percentage of lost jobs in the past year, the U.S. Labor Department said Wednesday. The Cleveland-Elyria-Mentor metro area saw a 0.2 percent decrease in nonfarm payroll employment between December 2010 and December 2011. The Philadelphia and Indianapolis areas metro areas posted the same percentage decrease. Although manufacturing grew last year, the increase could not offset job losses in finance and insurance, said George Zeller, an economic research analyst in Cleveland. http://www.cleveland.com/business/index.ssf/2012/02/cleveland_area_leads_nation_in.html
February 5, 201213 yr If you look at payroll statistics, Cleveland has had a stronger than most recovery, gaining both jobs and work force while dropping the unemployment rate over the past year or so (one of the few major metros that can say that). I don't understand why the two series line up so badly.
February 6, 201213 yr I suppose this will help a bit with the Matrix loss. Nestle to move jobs to Solon from Colorado Published: Monday, February 06, 2012, 5:18 PM Updated: Monday, February 06, 2012, 5:18 PM By Janet Cho, The Plain Dealer SOLON, Ohio - Nestle USA's decision to move its Hot Pockets and Lean Pockets business team to Solon from Colorado will create job openings in Northeast Ohio. How many jobs is still uncertain, because it depends on how many of the 70 or so Nestle employees decide to move here from Englewood, Colo., near Denver. http://www.cleveland.com/business/index.ssf/2012/02/nestle_to_move_jobs_to_solon_f.html
February 8, 201213 yr This is pretty significant because Zai is the one that championed an improtant financing tool for the Cleveland area (this was significant in the financing of the East Bank project). He seemed to be a clever guy, if not shady (obviously). Hopefully others have learned how to use this tool in the area, even though it is somewhat controversial (but many larger metro regions have been using it to close financing for some time). Pepper Pike financier A. Eddy Zai indicted in Croatian fund swindle Published: Wednesday, February 08, 2012, 8:58 AM Updated: Wednesday, February 08, 2012, 9:41 AM By John Caniglia, The Plain Dealer PEPPER PIKE, Ohio -- Pepper Pike business icon A. Eddy Zai was indicted in the swindle that led to the collapse of the St. Paul Croatian Federal Credit Union in Eastlake. Zai runs a variety of businesses, including the Cleveland International Fund that raised $45 million for the Flats East Bank development and is seeking overseas support for construction projects at University Hospitals. Zai also has had a hand in the Cleveland Bio Fund, which has pushed for potential investors in Northeast Ohio. http://blog.cleveland.com/metro/2012/02/pepper_pike_financier_a_eddy_z.html
February 9, 201213 yr Lincoln Electric plans $40 million expansion and will hire 200 Published: Wednesday, February 08, 2012, 8:00 PM Updated: Wednesday, February 08, 2012, 10:41 PM By John Funk, The Plain Dealer The Plain Dealer EUCLID, Ohio -- Lincoln Electric will spend $40 million to renovate its facility in Euclid, adding 200 jobs over three years and bringing a company here from Baltimore. In the new plant expansion, Lincoln plans to renovate part of its Euclid works to absorb and expand the Techalloy Co., a 50-employee business it bought for $37.9 million in summer 2010. http://www.cleveland.com/business/index.ssf/2012/02/lincoln_electric_plans_40_mill.html
February 9, 201213 yr This is pretty significant because Zai is the one that championed an improtant financing tool for the Cleveland area (this was significant in the financing of the East Bank project). He seemed to be a clever guy, if not shady (obviously). Hopefully others have learned how to use this tool in the area, even though it is somewhat controversial (but many larger metro regions have been using it to close financing for some time). Here's an article on that, the future of CIF. http://www.cleveland.com/business/index.ssf/2012/02/cleveland_international_fund_l.html "Now the investment outfit's leaders face a challenge: Preserving an economic-development engine while shedding any ties to Zai, who launched the fund in 2010 and led it until this week..." However, it looks like the new fund he created in Columbus isn't going to survive: "A new local economic-development fund meant to lure foreign investment to Columbus has been shut down as federal authorities announced that fraud charges had been filed against the fund’s founder. " http://www.dispatch.com/content/stories/business/2012/02/08/zai-indicted-head-of-columbus-international-fund.html
February 13, 201213 yr According to this site, the top 20 cities for social media jobs, does not include Cleveland. Granted they are not high-paying jobs, but it is the future and a skillset fitting for lots of young people who we need to keep in the region. If accurate, I was disappointed to see Cleveland not on the list, particularly when some less inspiring places (like Phoenix) made it. http://mashable.com/2012/02/12/social-media-salary-infographic/
February 14, 201213 yr Nice little write up about the 50,000T Press at Alcoa's Cleveland plant. The giant tent you can see off of the Jennings was set up for the rebuild and now is a storage area from what I hear. Iron Giant One of America’s great machines comes back to life. By Tim Heffernan Approaching Alcoa’s 50,000-ton forging press feels a bit like approaching an alp: it starts out incomprehensibly huge and keeps getting incomprehensibly huger. From a distance, the thing dominates the horizon of the hangar-like Cleveland Works facility; as you get nearer, catching glimpses through forests of girders and around cliffs of firebrick, it begins to dominate the air above. But even as you stand at its foot, being told that the eight steel bolts anchoring it are 40 inches thick, calculating in your head that that makes them 10 feet around—even then it’s still a bit out of reach. Only when you climb it, peer down from its sixth-floor summit, and realize that the puny machine next to it is, in fact, its 35,000-ton brother—well, then you finally appreciate the size of the thing. It’s big. The Fifty, as it’s known in company shorthand, broke down three years ago, and there was talk of retiring it for good. Instead, it was overhauled and is scheduled to resume service early this year. One of the great machines of American industry has been reborn. Read More at: http://www.theatlantic.com/magazine/archive/1969/12/iron-giant/8886/
February 14, 201213 yr According to this site, the top 20 cities for social media jobs, does not include Cleveland. Granted they are not high-paying jobs, but it is the future and a skillset fitting for lots of young people who we need to keep in the region. If accurate, I was disappointed to see Cleveland not on the list, particularly when some less inspiring places (like Phoenix) made it. http://mashable.com/2012/02/12/social-media-salary-infographic/ Why is it hard to believe when none of the company's polled are in Cleveland or have a regional office in Cleveland nor is "social media" a large industry here.
February 14, 201213 yr Nice little write up about the 50,000T Press at Alcoa's Cleveland plant. The giant tent you can see off of the Jennings was set up for the rebuild and now is a storage area from what I hear. Iron Giant One of America’s great machines comes back to life. By Tim Heffernan I liked that article, and would have liked to read more about it. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 21, 201213 yr Ill trade them for Progressive. State Industrial Products to move headquarters, 110 jobs out of Cleveland and into Mayfield Heights CLEVELAND, Ohio -- State Industrial Products Corp., a 100-year-old company that makes cleaning products, plans to leave its longtime Cleveland headquarters for an East Side suburb The privately held company was the winning bidder in a recent auction of the Landerbrook Place office building, at 5915 Landerbrook Drive in Mayfield Heights. Property records on the deal were not available Monday, but Hal Uhrman, the company's chief executive officer, said he bid just over $4 million for the 77,664-square-foot building. The Cuyahoga County Fiscal Office places the market value of the property at $9.8 million. http://www.cleveland.com/business/index.ssf/2012/02/state_industrial_products_to_m_1.html
February 21, 201213 yr Author Crime was listed as one of the main factors... but it sounds like one of the times that the CEO wants a shorter drive from his home to work.
February 21, 201213 yr Yeah the writing has been on the wall for State Chemical for a couple of years now. After the innerbelt stuff, they then moved their manufacturing to outside of Columbus, and they were very open about their future in that location being in question. But notice the arrogance and self centered-ness of the CEO who lives in Hunting Valley, basically "as long as its convenient for me, screw everyone else." State Industrial sets sights on East Side Cleaning products supplier lured by "magnificent' location in Mayfield Hts. Mr. Uhrman sheds no tears when discussing the company's exit from its longtime home. “Our current building is 100 years old,” Mr. Uhrman said. “I'm not looking at it as moving out. I'm looking at it as moving closer. I live in Hunting Valley.” “Some were shocked,” Mr. Uhrman said of his employees' reactions. “A few who live in Avon in the next county (Lorain) were shell-shocked. Most seem happy to move.” http://www.crainscleveland.com/apps/pbcs.dll/article?AID=/20120220/FREE/302209979
February 22, 201213 yr "magnificent" location in mayfield hts? I call bullish*t. He wants a shorter drive home
February 22, 201213 yr I don't recall an article on a relocation where the CEO was able to stand on a soap box and preach in a way where he was not challenged in the least bit. Pretty pathetic.
February 22, 201213 yr The suburbs: where aging companies with aging employees and aging ideas/products/services go to die. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 23, 201213 yr Yeah the writing has been on the wall for State Chemical for a couple of years now. After the innerbelt stuff, they then moved their manufacturing to outside of Columbus, and they were very open about their future in that location being in question. But notice the arrogance and self centered-ness of the CEO who lives in Hunting Valley, basically "as long as its convenient for me, screw everyone else." State Industrial sets sights on East Side Cleaning products supplier lured by "magnificent' location in Mayfield Hts. Mr. Uhrman sheds no tears when discussing the company's exit from its longtime home. “Our current building is 100 years old,” Mr. Uhrman said. “I'm not looking at it as moving out. I'm looking at it as moving closer. I live in Hunting Valley.” “Some were shocked,” Mr. Uhrman said of his employees' reactions. “A few who live in Avon in the next county (Lorain) were shell-shocked. Most seem happy to move.” http://www.crainscleveland.com/apps/pbcs.dll/article?AID=/20120220/FREE/302209979 Yeah, the first thing I thought when I read this article was this was a situation that was going to draw some *hate* on here.... -Established downtown Cleveland company moves to the suburbs. -The CEO openly talks about crime being a factor, and mentions it's closer to where he lives. -The comments section focuses on crime, and even gets into the paying-for-parking issue. The fact is that this move was sort of inevitable. Especially with the Innerbelt relocation. As for Progressive, I don't see it moving downtown. It's been where it is for awhile now and the people who work there live in that area or a quick freeway shot away. The CEO lives in Chagrin Falls. Like most suburban workers, they find the concept of paying to park completely alien, and from what I know about Progressive, the company is pretty responsive to the views of employees.
February 23, 201213 yr I personally would never call this area "Downtown" But as crime being a factor, there was a homicide right next door earlier this month that might have scared a few, but I doubt this decision was that recent. And other than that one incident, that area appears to be safe based on crime statistics. And the only thing that really concerns them is the walk from the parking lot to the building. That smaller area is very safe, with only one crime, "theft from mv" happing in the past 3 months.
February 23, 201213 yr As for Progressive, I don't see it moving downtown. It's been where it is for awhile now and the people who work there live in that area or a quick freeway shot away. The CEO lives in Chagrin Falls. Like most suburban workers, they find the concept of paying to park completely alien, and from what I know about Progressive, the company is pretty responsive to the views of employees. Not sure if this was directed to me - if not, please disregard. But Mayfield Hts IS going to be losing a large STATE agency. Trust me
February 23, 201213 yr Not sure if this was directed to me - if not, please disregard. But Mayfield Hts IS going to be losing a large STATE agency. Trust me Can you say which one? All I see is the Ohio Bureau of Motor Vehicles at Golden Gate Plaza. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 23, 201213 yr Progressive isn't a state agency so you might as well get it out of the way now.
February 23, 201213 yr Progressive isn't a state agency so you might as well get it out of the way now. Well, didn't Obama mandate socialism when he was elected? So that definitely makes Progressive a state agency. ;)
February 25, 201213 yr No - sorry. Larger Well, you got me stumped. I looked all over that city, plus Mayfield Village and Pepper Pike and came up goose eggs. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 26, 201213 yr ^I was thinking/guessing it had something to do with ODOT but did not know if they had a facility in Mayfield Hts.
February 27, 201213 yr That's ok. Mayfield Heights is about to lose a large state agency shortly. Can I tell us where this state agency is moving TO?
February 27, 201213 yr Can I tell us where this state agency is moving TO? Yes, please tell us. It isn't one of Mayfield Heights' largest employers, at least as of 2002...... 1. Hillcrest Hospital 2. Parker Hannifin Corporation 3. Rockwell Automation 4. Alcan Aluminum Corporation 5. Progressive Casualty Insurance 6. Cleveland Clinic Foundation 7. QualChoice Inc. 8. Cooperative Resource Services 9. Pioneer Standard Electronics 10. Victoria Financial Corporation SOURCE: http://www.mayfieldheights.org/index.php/city-government/master-plan-mainmenu-237/chapter-2-background-mainmenu-239 "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 27, 201213 yr Can I tell us where this state agency is moving TO? Yes, please tell us. It isn't one of Mayfield Heights' largest employers, at least as of 2002...... 1. Hillcrest Hospital 2. Parker Hannifin Corporation 3. Rockwell Automation 4. Alcan Aluminum Corporation 5. Progressive Casualty Insurance 6. Cleveland Clinic Foundation 7. QualChoice Inc. 8. Cooperative Resource Services 9. Pioneer Standard Electronics 10. Victoria Financial Corporation SOURCE: http://www.mayfieldheights.org/index.php/city-government/master-plan-mainmenu-237/chapter-2-background-mainmenu-239 I meant can YOU, as in the person who originally brought this up. Sorry. Damn tablet touchscreen. Lol
February 27, 201213 yr Yeah more good news for downtown, and for E. 9th street. Keep em comin.. Solon insurance broker to move downtown Britton Gallagher also will unify branding of its business units By MICHELLE PARK 4:30 am, February 27, 2012 If it's true what the company's CEO says — that Britton Gallagher has been a “sleeping giant in the suburbs” — it's probably safe to say that the company is awake now. The insurance brokerage in Solon is undertaking big changes this year, the most prominent of which is its planned move to downtown Cleveland over Memorial Day weekend. The relocation of the company's two Solon offices and about 60 employees to the 30th floor of One Cleveland Center will cost more than $2 million....... http://www.crainscleveland.com/apps/pbcs.dll/section?Category=TOC
February 27, 201213 yr Republic Steel considered for incentives to create 449 jobs Published: Saturday, February 25, 2012 By RICHARD PAYERCHIN [email protected] @MJ_JournalRick LORAIN — Incentives that could help Republic Steel create jobs as the company installs a new electric arc furnace in its Lorain steel mill are going to be taken up at a Lorain City Council meeting Monday. Mayor Chase Ritenauer has asked for a special meeting to consider legislation to help the company. “It’s a total package that we felt was necessary to make sure that the 449 jobs are realized,” said Safety-Service Director R. Michael Fowler. “We will realize significant economic benefit.” READ MORE AT: http://www.morningjournal.com/articles/2012/02/25/news/mj5795580.txt "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 27, 201213 yr Seems like solon keeps bleeding jobs, whether its musical chairs with its neighbors (so much for those no poaching pledges), leaving the region all together, or layoffs. What the hell is going on there - every week it's something
February 27, 201213 yr I'd never really thought about it but Solon has remarkably little decent sized quality office space not owned by Nestle. The city just is not in a position to retain that type of company. Unless they want to exist in one of those fugly cracker stack mini-towers.
February 27, 201213 yr Seems like solon keeps bleeding jobs, whether its musical chairs with its neighbors (so much for those no poaching pledges), leaving the region all together, or layoffs. What the hell is going on there - every week it's something Dont forget Nestle is creating hundreds of jobs with an expansion project as well as moving a production line there from Denver.
March 1, 201213 yr Tax relief for small Cleveland music clubs CLEVELAND (AP) - Cleveland Mayor Frank Jackson has offered small music clubs a deal to help defuse a feud over the city's 8% admission tax. A new mayor's proposal introduced this week would apply the tax to only 25% of ticket money collected by clubs holding up to 250 concert-goers. The proposal would apply the tax to 50% of the money collected by clubs holding 250 to 500. http://www.wfmj.com/story/17053859/tax-relief-for-small-cleveland-music-clubs
March 1, 201213 yr ^add in tax amnesty for previous infraction (at least on fines and interest) and we may have a winner
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