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well....a bit of local hyberbole with a quote up there....but that's ok  :wink:

 

"But if you want to do work for P&G, you're moving to Ohio," Frankel said. "Agencies going after that work have to establish an office there."

 

my spouse and her company just closed an ad account for p&g for that last week.

 

they are currently working on doing it for macy's right now - so hey we're lovin the 'nati lately!  :clap:

 

 

 

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well....a bit of local hyberbole with a quote up there....but that's ok  :wink:

 

"But if you want to do work for P&G, you're moving to Ohio," Frankel said. "Agencies going after that work have to establish an office there."

 

my spouse and her company just closed an ad account for p&g for that last week.

 

they are currently working on doing it for macy's right now - so hey we're lovin the 'nati lately!  :clap:

 

 

 

 

As a graphic design major and working for a firm before I got back into sales, I can't imagine even Landor handling this alone ...

 

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I thought P&G had in house graphic designers.

 

My cousin's husband's company designs machinery for P&G. They're local. Obviously not all firms are going to be near one client but a lot of them cluster around P&G when they're the main source of their bread and butter!

It's funny how people move to nyc and suddenly harbor a superiority complex. Stats in this thread already indicated the huge impact p&g has on the local advertising/marketing sector. Definitely more activity per capita than most cities.

I thought P&G had in house graphic designers.

 

My cousin's husband's company designs machinery for P&G. They're local. Obviously not all firms are going to be near one client but a lot of them cluster around P&G when they're the main source of their bread and butter!

It's funny how people move to nyc and suddenly harbor a superiority complex. Stats in this thread already indicated the huge impact p&g has on the local advertising/marketing sector. Definitely more activity per capita than most cities.

 

I think that is more "myth" that fact.  Most native NY'ers are too dumb or "provincial" and less open than people would have them believe.  Many think the world revolves around NYC.  Now with the collapse in banking they see how bad things really are.

 

Thats why I wrote that note about the Christmas Story house.

 

When people move from one place to NYC it's often those small fish from a small pond who develop ego's because they live in NY.  Keep in mind most live in some tiny @ss shoe box and barely scratch together two dimes, but hey, they live in NYC and to the folks at home, they're hot shit!

 

ok...back to Cinci.....

Well at least we have recession-proof P&G boosting NYC's economy during these hard financial times.

lol! woah easy there. all i said was my spouse was working on two big cinci ad accounts lately. that doesnt really have anything to do with nyc. in fact, although her company has an office here in nyc, its based in dallas.

 

my point was that guy i quoted in the article was stretching the truth a little because its still doing ad binnis with p&g even tho its not located in cinci.

 

I thought P&G had in house graphic designers.

 

P&G does have some, but most are Brand Managers from what I know.  As a result a lot of the design and branding work is done through other entities that basically survive off of P&G.  Another prominent one other than Landor is LPK which basically has offices everywhere P&G does with their HQ being in Downtown Cincinnati.

Landor is stationed in the Shillito building ... And in the Shillito Lofts is where I used to live DT. One day I was walking home for lunch and a couple of ladies that were working on a P&G product were discussing it and when the elevator opened up, I stepped on and they covered it up with a cloth real quick.... so I know they outsource design work.

And the hits just keep coming for Springdale

 

Borders closing in Springdale

 

The Borders book store in Springdale will close Jan. 3 as the chain readies to open its new-concept location at Kenwood Towne Place this spring.  The store’s 37 employees will be offered jobs at other Borders and Waldenbooks locations and possibly at the new store, though it is not expected to open before March, said Borders Group Inc. spokeswoman Bonnie Schmick.

 

The two-story Borders store, at 28,000 square feet, will be one of the chain’s first new-concept stores. The design includes a digital center where shoppers can burn CDs or download books, interactive kiosks and 32-inch LCD screens in the food and travel sections. The first such store opened in Ann Arbor, Mich., in mid-February.

 

Read full article here:

http://cincinnati.bizjournals.com/cincinnati/stories/2008/12/22/daily26.html

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I think stores are finally realizing they have to many stores..lol

Saldy enough, yea.

^^Hopefully they're also realizing that centralized locations (Kenwood, Downtown, etc) will perform better than stores on the outskirts of town, like Springdale.

P&G has graphic designers, but they typically do in house stuff, not specific brand work.  The ad agencies hire their own graphic design firms to do their work, separate from P&G. 

 

When my daughter graduated from Kent, she moved to NY and worked for an independent graphic design firm which did a lot of P&G work for the ad agency.  It was funny, because when she was growing up, I told her some things I worked on were secret, and I couldnt tell her about them.  When I would ask her what P&G brands she was working on, she told me the same!

 

Last time I visited her, she didn't have Charmin in the bathroom.  I grabbed the end of the roll and proceeded to unwind it through her apartment.  She told me she couldn't afford Charmin, and I told her she was where she was because of Charmin and she HAD to buy it!  (At least when she knows I'm visiting!!)

We got our christmas package from P&G early this year! I hated looking at it because it reminds me that my stepdad passed away but at least it was packed full of expensive P&G goodies. It's funny, they mix everything in there. Noxzema, Pringles, Gillette stuff, all just crammed in together.

^God, I miss getting that Christmas package.  Those are the best!

 

^^DanB, that's hilarious.  My mother would do the same thing if she saw a non-P&G product in my house.  Which, of course, she wouldn't. :-D

oh yeah i *heart* pringles they are like crack, but just dont accidently grab the diet pringles, unless you want to hang around the bathroom for the next 24hrs -- they use olestra.

Office builders taking a break

By Mike Boyer & Lisa Bernard-Kuhn • December 28, 2008

 

The construction boom that delivered multimillion-dollar deals and behemoth developments to Greater Cincinnati and Northern Kentucky in 2008 could end with a bust in 2009, local industry experts say.

 

As the cold winds of the recession extend beyond the banking, auto and housing industries, local commercial developers and brokers say the outlook for the new year is grim.

 

Read full article here:

http://news.cincinnati.com/article/20081228/BIZ01/812280409/1076/BIZ

It is sad to see what is happening to Springdale.  All the chains seem to be dropping one after another.  When I do visit the area I always wonder why Springdale doesn't do more to update their shopping district.  When I moved here in 2003, the Kenwood area had such a dated look.  Since then they have updated their roads, signage and streetscape while Springdale still looks as tacky as it did six years ago.  At least invest in some nice street lights instead of the crappy hanging wires and improve the curb appeal before it is too late.

 

It is also going to take more than a BJ's Brewery to help Tri-County mall.  It has turned into a mall of wig and puzzle stores.

Why no mention of three of the most important construction projects in the city (QCS, Banks, Riverfront Park) that are still going full steam?

^I would add the gateway quarter to that

Unfortunately, demographics are king. The area served by Springdale is on a low slow decline, whereas the 71 corridor is stable and will likely improve relative to the rest of the region over the next few years. Springdale is all postwar 'burbia with all the wealth being drawn to Butler Cty. It is similar in the Morse and Dublin-Granville areas of Cbus and Southwyck area of Toledo.

^ Yet the Dayton Mall area has improved quite a bit over the last five years and we all know that Tri-County was healthier then the Dayton Mall at that time.  Sadly the Dayton Mall area is Cincinnati's second best "mall" shopping district.  Of course Cincinnati has strong neighborhood business districts with great retail but I am speaking typical suburban chain shopping districts here.

Unfortunately, demographics are king. The area served by Springdale is on a low slow decline, whereas the 71 corridor is stable and will likely improve relative to the rest of the region over the next few years. Springdale is all postwar 'burbia with all the wealth being drawn to Butler Cty. It is similar in the Morse and Dublin-Granville areas of Cbus and Southwyck area of Toledo.

 

Thank you. Kenwood mall thrives because wealthy people simply live near it. It's not because it's closer to the city or because it's centralized.  Though neighborhoods along 71 are pretty dense and they may be a contributing factor but overall, retailers are there because wealthy people live nearby (same with Easton and New Albany in Columbus). It's not like Kenneth Cole has a 'smart growth' consultant. They just follow the rich people.

It is a given that much of Kenwood's success is due to the demographics but that is not an excuse to why Springdale can't improve the streetscape of their shopping district and make it attractive for developers to invest in their community.

^ Hell, Northgate & Tri-County were both really nice malls at the same time for years back in the day.

That was before developers/retailers caught on to Mason/Westchester and invested in union Centre's square.

They are classic postwar malls, which are failing nearly everywhere around the country. Unfortunately, the massive closing of retail over the next couple years will hit this kind of retail hardest (downtowns don't have much left). The second hardest hit will likely be the faux-upscale retail districts of the exurbs - sadly Mason/WC is no longer the exurbs and rather just boring 'burbs.

I partially agree with you.  The income levels of West Chester/Mason far exceed anything in Lebanon, South Lebanon, Maineville & Monroe so I can't imagine retail continuing much further north, especially upscale. Save the "Premium Outlet" jokes. While Union Centre has been growing (sprawling), there isn't much retail there outside of IKEA & the very small Streets of West Chester which did steal the Barnes & Noble from Springdale. With Springdale being centrally located in the Cincinnati suburbs, I still think they have a chance to have Kenwood success if they invest in the shopping district.  We all know Cincinnati Mills is done.  Fairfield has proven that they can't support a thing.  Once that mall gets torn down, it should help bring the focus back to Tri-County.

 

Northgate not only has to compete with the remains of Cincinnati Mills but now they have the strip mall off I-275 & Colerain sucking them dry.

 

As retail districts, I think Springdale and Northgate can compete, but as malls I think they are their way to something else.

I was at Kenwood last week and saw tons of people with Elder/Seton/Oak Hills gear on.  If Tri County would step it up a little, they could lure these people as Tri County is much more convenient than Kenwood for West Siders.

from Price Hill Chili, google says kenwood is four minutes closer.

In similar craziness, Northgate is basically equidistant from Clifton as Kenwood, and PRidge from TriCounty - the benefits of finishing Cross-County - now there a world of counterfactuals available to us - what if Cross County had been fully completed in the 50s instead of the 90s.

If west siders are going to go a long way to shop, they'll take out the few extra minutes to go to the best mall in the region. A lot of it is psychological. When I lived in P-Ridge, I didn't think twice about what mall I was going to - Kenwood. I lived near the highway, which is a linear straight shot. Try County is just too sprawly. There is nothing around the mall to support it. It's full of light industrial facilities and vacant space.

This westsider doesn't do malls at all anymore.  Been at least 6-7 years since I've been to one.  I'd rather chew on some metal shavings than be caught dead in a mall these days.  I just never understood the appeal of 'em.

Oakie do you have kids?  I ask because while I understand the dislike of malls, my mall shopping has increased 10X over the last year with a newborn in the house.  Before that, it had been a good eight years since I had to step foot into a Babies R Us.  While I enjoy shopping in city neighborhoods, after spending $20 on a bib at a Hyde Park boutique, I grew to appreciate a mega-store that caters to everything baby.  I do despise the Fairfield area though and would rather go to the Dayton Mall Babies R Us over it.

No sir!  No kids! 

 

I see where it would be beneficial for some items as you mentioned though. 

  • 2 weeks later...

Anyone know how many jobs the city lost in 2008 as compared to the suburbs?  Where could I find that info.? 

  • 4 weeks later...

Cincinnati Bell acquires Virtual Blocks in Toronto

 

Cincinnati Bell Inc. said Monday that Virtual Blocks in Toronto has been acquired by its Cincinnati Bell Technology Solutions subsidiary.  Terms of the deal weren’t disclosed.  The acquisition also is Cincinnati Bell’s first venture outside the continental United States, according to a news release.

 

Virtual Blocks, formerly part of software developer Commerx Computer Systems Inc. in Toronto, specializes in “virtualization” software. That complements CBTS’s focus on virtual services, such as disaster recovery, on-demand server capacity, and managed services like Web hosting.  The two companies in September partnered on a “virtual data center” service that CBTS is offering.

 

“Joining with Virtual Blocks allows CBTS to extend our successful business model, brand image and vendor partnerships both inside and outside of the continental United States,” said John Burns, president of CBTS, in the release.  Cincinnati Bell (NYSE: CBB) provides telecommunications products and services to residential and business customers in Ohio, Kentucky and Indiana.

 

Full article at http://cincinnati.bizjournals.com/cincinnati/stories/2009/02/02/daily4.html

For Greater Cincinnati IT, sky is not falling

Despite wariness about global spending, local IT execs have fairly optimistic outlook

http://cincinnati.bizjournals.com/cincinnati/stories/2009/02/09/smallb1.html

 

While global spending on information technology is generally expected to fall in 2009, a recent survey of IT executives at a cross-section of Tri-State businesses indicates many might buck that trend.

 

Only 20 percent of the participants said they expect lower IT budgets in 2009, and 40 percent forecast higher spending. At the time of the survey in mid-November, budgets were not declining rapidly and managements still tended to view IT as a strategic asset, the study concluded. Although overall IT spending was forecast to survive the broader cost-cutting trend, budgeting for hardware was expected to decline.

 

“We’re still spending where we need to spend, but we’re definitely looking at the dollars closer,” said Kevin Armour, chief technical officer at Paycor Inc. “Project-wise, we’re still doing all the projects we were doing, and then some.”

 

...

 

More at:

http://cincinnati.bizjournals.com/cincinnati/stories/2009/02/09/smallb1.html

As school budgets shrink, Cincinnati's First Student sees opening

Bus firm touts service as way to keep cuts out of classroom

http://cincinnati.bizjournals.com/cincinnati/stories/2009/02/09/story5.html

 

Think snow days are a pain at your place? Consider Linda Bell.

 

As the new president of FirstGroup America’s downtown-based First Student unit, Bell oversees the operation of 49,000 yellow school buses that transport 3 million students in the United States. The company has another 11,000 buses transporting 700,000 children in Canada.

 

Snow, it’s fair to say, is not Bell’s friend.

I know a great place right on the river to relocate! try the CBD!!

Bear Creek drops $900M in plans

By Laura Baverman • [email protected] • February 18, 2009

 

Once among the region's most aggressive real estate developers, Bear Creek Capital has backed away from more than $900 million in projects in recent months. The Montgomery developer appears to have abandoned or placed on hold developments in Montgomery, Harrison, Liberty Township, Madisonville and Centerville.

 

Meanwhile, about $30 million in liens have piled up against its high profile Kenwood Towne Place project in Sycamore Township. Dozens of subcontractors have left the work site as the partners of Kenwood Towne Place LLC - Bear Creek, DOV Limited and Neyer Holdings - round up funds to finish construction of the $175 million retail and office complex.

 

Read full article here:

http://news.cincinnati.com/article/20090218/BIZ01/902190302

  • 2 weeks later...

A bright spot: 200 new Cincinnati jobs planned

Business Courier of Cincinnati - by Jon Newberry

 

Not every recessionary cloud has a silver lining, but job losses elsewhere can trigger opportunities in the Tri-State.  Case in point: Two suburban manufacturers plan to add as many as 200 local positions this year as they consolidate operations from out-of-state facilities and move work here. In both instances, state financial incentives and tax breaks played a role, aided by the area’s central location and other business-friendly attributes.

 

Emerson Power Transmission has made a “tentative decision” to relocate Solus Industrial Innovations LLC to its Florence headquarters and distribution complex on New Buffington Road, adding 92 local manufacturing jobs. The Solus unit supplies conveyor parts, belts and related components. It’s a subsidiary of System Plast SpA, an Italian company that Emerson Industrial Automation acquired in December.

 

Read full article here:

http://cincinnati.bizjournals.com/cincinnati/stories/2009/03/02/story1.html

Mallory highlights economic growth in State of the City address

http://www.soapboxmedia.com/devnews/stateofthecity0303.aspx

 

In his fourth State of the City address, delivered last Wednesday at the Duke Energy Center, Cincinnati Mayor Mark Mallory said that the city is weathering the poor economy much better than most.

 

"At a time when other cities are seeing businesses move out, we are seeing businesses expand and new businesses move in," he said.

 

He credited the "aggressive and strategic" approach of City Manager Milton Dohoney and Economic Development Director Holly Childs for bringing 2,500 new jobs to Cincinnati last year, including commitments from such major players as Medpace, Humana, dunnhumbyUSA, and US Bank.

 

Mallory also spoke of the need to empower small and minority-owned businesses, saying that four more Shop52 seminars will be held this year to link entrepreneurs with business experts, non-profit service providers, and lending professionals.

 

"We must also ensure that individuals have the opportunity to realize their dreams," he said.  "Shop52 is all about small business growth and strengthening our neighborhoods."

 

In addition to job creation, Mallory noted that construction is underway on two major building projects – Great American Tower at Queen City Square, a 41-story, $340 million office tower and The Banks, a 2.8-million-square-foot mixed-use development on the city's riverfront.

 

But Mallory said that the most crucial component of Cincinnati's development plans is the streetcar system that would connect Downtown, Over-the-Rhine, and the Uptown neighborhoods.

 

"Now, we have done our homework and the benefits of a streetcar system are clear," Mallory said.  "When a city puts rails in the ground, economic growth follows."

 

Mallory said that $1.4 billion in economic impact would result from the project's first phase, giving the city additional resources that it can use in neighborhoods throughout the city.

 

"The benefits of the streetcar system are too significant to allow the naysayers to derail our efforts," he said.  "Streetcars must be a part of Cincinnati's future and we will fight to make it happen."

 

According to Mallory, the key to Cincinnati's future success is strong local, national, and global partnerships.

 

To achieve these partnerships, the city and its residents must be their own advocates.

 

"We have a great city and we must make it our priority to promote it here at home, across the nation and around the world," Mallory said.

Cincinnati’s economy beats most Tri-State regions

 

Greater Cincinnati’s economy has been growing faster than most of the rest of the region over the past decade.  A recent study by Northern Kentucky University’s Center for Economic Analysis and Development shows the local economy ranks eighth overall out of 36 regions for growth from 1997 through 2006. The ranking takes into account personal income, employment, wage and population growth.

 

Any regions that include parts of Ohio, Kentucky or Indiana were included. The survey even measured regions such as Chicago that lie mostly in another state but that include a portion of one of those three states.  But Greater Cincinnati’s economy grew more slowly than the national average for the same time period. It lagged the nation in all six gauges of economic growth.

 

Read full article here:

http://cincinnati.bizjournals.com/cincinnati/stories/2009/03/02/daily24.html

Cincinnati - better than the Great Lakes not as good the New South.

How much did 5/3 get from TARP? That might cover their 4th quarter loss. They're still doing mortgages. I'm in the process of refinancing with them.

The federal wand of safety seems to have waved over them - the big write down was done because TARP theoretically allowed them to, though obviously this all depends on your thoughts about the banks.

Fifth Third is actually hiring locally - I am not sure where they end up eventually although being bought seems to be a  possibility.  I still think the Old Kent market is really hurting them. While being bought would suck the job cuts do not seem to hurt the local market too much once a bank reaches a certain size (looking at US Bank in Cincy and Chase in Columbus).  Overlap obviously would come into play, and we additionally do not know when we've hit bottom until after the fact.

 

The January unemployment numbers are posted by the way and one interesting nugget is that the city's unemployment at 8% is actually lower than the metro's rate of 8.4%.  I am sure that is not happening anywhere in the state (maybe Columbus), but that would be an interesting topic to research.  The home county (Hamilton) is actually at 7.7%, which seems to fit the normal pattern and is doing relatively well within the metro.  I am concerned about what the February numbers will look like and think the early predictions of the national economy reaching 10% were a little modest.  Ohio already has two metros at a ridiculous unemployment rate of over 13%, and we probably have at least 6 months until these numbers bottom out.

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