Regional Economy

business of beer: new breweries lift neighborhoods on rising tide of craft beer
On any given night in Cleveland, it's not too difficult to see the economic impact represented by a seemingly simple glass of suds. Breweries had an undeniably positive effect on Ohio City, and now the arrival of more breweries promises to boost the economic prospects of other neighborhoods.
new york times travel section checks into new aloft
In a hotel review in the travel section of the New York Times, writer Erik Piepenburg checks into the new Aloft hotel on the East Bank of the Flats and files a glowing review.
 
"The Aloft Downtown gives Cleveland a major boost of bright, colorful and contemporary hotel design in an area -- and a city -- not known for style-centric accommodations," he writes.
 
The article covers the rooms, amenities and available dining options. "A Saturday night meal at Willeyville included delicious vegetarian options for me (grilled sweet corn, baked gnocchi), plenty of meat for a friend and a mind-blowing fried peach pie," he notes.
 
The bottom line, concludes the author, the new Aloft is a "terrific place for design geeks, foodies and fans of rust-belt chic who like their boutique hotel on the industrial side."
 
Read the rest right here.

bad girl ventures graduates latest class, awards loans
cleveland neighborhood progress launches city life tours to highlight urban vibrancy
Cleveland Neighborhood Progress, a nonprofit community development organization, has begun offering Cleveland City Life tours to expose suburbanites, millenials, empty-nesters, boomerangs and newcomers to town to all the city has to offer.

CNP Director of Marketing Jeff Kipp says the tours really are about helping Clevelanders see for themselves the positive change taking place in the city.

"We'll do the proverbial handholding and take you into the neighborhoods," he says. "You see the positive headlines and positive trends, but a big chunk of our population doesn't have firsthand experience with the city. This is about removing that intimidation factor and bridging the gap."

Tours starts in Ohio City and include stops in Detroit Shoreway, the lakefront, University Circle, Little Italy, Midtown, downtown and Tremont. Along the way, it also touches on neighborhoods such as Cudell, Glenville and Fairfax. Each lasts two hours, costs $12 and comes with a free Live!Cleveland/City Life T-shirt.
 
"As we drive through University Circle, we can reference the excitement that's happening in North Shore Collinwood," Kipp explains, adding that while the tours can't feasibly cover the whole city, they will highlight all city neighborhoods.

The tours are being marketed through CNP's website and partner organizations such as Global Cleveland and the Downtown Cleveland Alliance. There currently are tours scheduled between Christmas and New Year's and around the Martin Luther King, Jr. holiday weekend.

"This is a way to roll out the red carpet and give a reintroduction to your Cleveland neighbors," Kipp adds.
 

Source: Jeff Kipp
Writer: Lee Chilcote
new effort aims to 'meet the needs not define the needs' of local startup community
Startups @ City Club is a new collaborative effort between the City Club of Cleveland  and the Cleveland Startup Collective to bring the startup community together in educational, social and thought-provoking environments.
 
The first event was launched at Cleveland Entrepreneurial Week in November, with speakers on technology, product development, investing and the overall startup community in Cleveland. “The main goal of the entrepreneurial speaker series is to install the values of lean startup methodology, the entrepreneurial-driven startup community and mentor-driven startup development,” says Morris Wheeler, organizer and founder of Drummond Road Capital

Speakers included Chris Heivly, founder of MapQuest, venture partner and founder of TechPint Paul Singh and Alexis Giles, vice president of business development at MOX.
 
The Cleveland Startup Collective is a grass roots organization focused on lean startup methodology – launching a new product to market in as little as 10 to 12 weeks with as little capital as possible. “Life’s too short to build a product no one wants,’ says Wheeler. “A number of us over the past two or three years believe that at its core, startups and startup investing need to revolve around the entrepreneur. ”
 
Wheeler says entrepreneurs in cities like New York, Boston and San Francisco get together on Friday nights, drink beer and discuss issues around their businesses. While casual meetings are starting to take off in Cleveland, Wheeler says the city needs more.
 
“All of the other organizations like JumpStart are important to entrepreneurial success, but in our view we need to be meeting the needs of the startup community, not defining the needs of the community.”
 
Startups @ City Club plans to host four to six events a year, some of which will be partnered with other events like TechPint. “The idea is to have many different activities,” says Wheeler. “We’ll have dialogs, educational events, pitch events and social events.”
 
Source: Morris Wheeler
Writer: Karin Connelly
missed opportunity? what must happen for new roadway to live up to its name
In this, the first installment in a two-part series, Fresh Water development editor Lee Chilcote takes a close look at the Opportunity Corridor, a 3.5 mile planned roadway that would connect I-490 with University Circle. The project is being promoted as a bike- and pedestrian-friendly boulevard, but skeptics have their doubts.
museum of contemporary art boasts impressive first-year numbers
In an Art Daily feature titled "MOCA Cleveland releases metrics of strong inaugural year in new building, Uptown," the art publication shares impressive numbers from the museum's first year in its new building.

"In the first year in their new building, MOCA delivered significantly expanded audiences and benefits," says the article.
 
Among them:
 
55,997 visitors took advantage of MOCA’s offerings, up 284 percent from recent years
 
650+ new members, tripling membership in MOCA’s new home
 
The numbers also show how MOCA’s impressive new building at the corner of Mayfield Road and Euclid Avenue acts as a beacon to draw people to University Circle and Uptown.
 
82 percent of MOCA’s visitors are coming to University Circle specifically to visit the Museum
 
70 percent of MOCA’s visitors are eating at a surrounding restaurant
 
24 percent are shopping while in the area
 
Read about the rest here.

forbes praises great lakes brewing, ohio city
In a Forbes feature titled “Beer Entrepreneurs Fuel Comeback of Struggling Cleveland Neighborhood,” staff writer Dan Alexander explores the history of Great Lakes Brewing Company and the birth of other small breweries in the area.
 
From humble beginnings to what the Ohio City neighborhood is today, Great Lakes Brewing Company has a lot to do with the area’s revival, the story confirms.
 
"Since 1986 the Conways have bought four buildings in the neighborhood, called Ohio City. They are the beer men who became unlikely leaders of the neighborhood’s revival. In the last decade, other entrepreneurs have joined the Conways in Ohio City. Since 2005, the crime rate in the neighborhood has plummeted 24%, and real estate values have more than doubled."
 
“It was a struggling neighborhood,” adds Cleveland Mayor Frank Jackson. “Twenty years later, you go over there, nighttime Friday or Saturday night, it’s going to be packed. Cars can’t move, people just everywhere.”
 
Alexander goes on to detail his meet-up with Sam McNulty, owner of six local establishments in the area. McNulty remains optimistic of the area, with everyone agreeing there is no reason he shouldn’t be.
 
Check out the full piece here.

new study on regionalism comes at ideal time, says next city
In a feature titled "Three Lessons on Regionalism," Bill Bradley, writing for Next City, outlines the findings of a report recently released by Fund for Our Economic Future.
 
"Regionalism, from Paris to Portland, offers cities with closely woven outlying suburbs opportunities to broaden their tax bases, increase minimum wages and develop unified approaches to transit -- which could, in turn, give low-wage workers better access to jobs. Advocates have touted these benefits for years. Now, a new report explores how regional collaboration can help spur economic growth."
 
The Northeast Ohio-based Fund for Our Economic Future, which along with the Knight Foundation, released the report.
 
In sum: "Data is hugely important, investing in groups that find funding can enlarge your pools of grant money, and big thinkers must be instrumental in turning those grand ideas into reality."
 
Read the rest here.

hofbrauhaus cleveland breaks ground on new restaurant, brewery in playhouse square
This week, Brauhaus Cleveland LLC broke ground on the new Hofbrauhaus Cleveland in PlayhouseSquare in the most apropos fashion -- with a German oom-pah band, sausages and huge steins of beer. Project developers aim to complete the new restaurant and brewery by the end of 2014.

"Everything started in 1589 when the Bavarian kings decided the beer wasn't good enough for them, so they created their own brewery," extolled Maximilian Erlmeier, a former Hofbrauhaus Munich executive and chairman of Cincinnati Restaurant Group. "Now, every year two million people come to the Hofbrauhaus to enjoy food and great beer, and six million come to Oktoberfest. We thought, 'We should export this.'"

Hofbrauhaus Cleveland will become the latest franchise in the growing empire, which includes locations in Cincinnati, Chicago and Las Vegas. The Cleveland site will incorporate the Hermit Club and feature 24,000 square feet of space, including nearly 600 indoor seats and more than 1,000 outdoor seats in the beer garden. The famous Hofbrau beer will be brewed on site, and Bavarian dishes will be served.

The project is a huge win for PlayhouseSquare, which has in recent years developed a vibrant restaurant scene. The Hofbrauhaus project is one of the first development deals to push PlayhouseSquare's growth north towards Chester Avenue.

"We're really excited because this is one more step in PlayhouseSquare's growth," said Art Falco, President of PlayhouseSquare. "This is an incredible destination, but we want to see more young people here. With an outdoor beer garden right by CSU and PlayhouseSquare, we think this is a home run."


Source: Art Falco, Maximilian Erlmeier
Writer: Lee Chilcote
genomic test helps men with prostate cancer choose proper treatment path
Eric Klein, chair of the Glickman Urology and Kidney Institute at the Cleveland Clinic, along with a team of researchers at the Clinic and Genomic Health, have developed a genomic test that determines the aggressiveness of prostate cancer and therefore helps doctors and patients decide the proper course of treatment.
 
“It’s a biopsy-based test that looks at how certain genes are turned on or off,” explains Klein. “Before it was developed we made an educated guess on how aggressive a man’s tumor was based on factors like age and health.”
 
Often there are multiple small tumors in prostate cancer. The Oncoptype DX Prostate Cancer test, developed for market by California-based Genomic Health, looks at the activity of certain genes within the tumor. Based on the results, treatment can range from surveillance to more aggressive treatment.
 
“We developed it in a way to tell what else is going on in the prostate,” says Klein. “About 20 to 25 percent of men who have this test are re-assigned to a different category of progression.”
 
Klein is pleased with what the test means for the treatment of prostate cancer. “First, it identifies those who have more aggressive cancer,” he says. “Second, it reassures those who choose surveillance.”
 
Klein has spent the past eight years developing the prostate genomic test. The University of California San Francisco spent three years validating the method, and it was released in May. The test is one of many advancements in genome-guided solid tumor analysis recognized by Cleveland Clinic Innovations as the number-two innovation in health care this year. Genomic Health has a similar test for treatment of breast cancer.
 
“This is the first foray into precision treatment for prostate cancer,” Klein says. “With this test a management decision can be made based on the characteristics of the tumor. It’s individual decision making based on that person’s disease. That’s’ where we want to be.”

 
Source: Eric Klein
Writer: Karin Connelly
pay it forward: how shopping small reaps big rewards for the local community
It's a fact that $68 of every $100 spent locally returns to the community through taxes, payroll and other expenditures. We all know that shopping small is good for the local community, but what are the real and tangible benefits behind the movement? A closer look reveals how buying local feeds our region in ways both obvious and subtle.
advertising execs say 'hello' to entrepreneurship with new firm
Michelle Venorsky and Kate Davis have worked at some of the top advertising and communications agencies in town, recently at Marcus Thomas. But the dream of starting their own agency prompted the two, along with three other partners, to launch Hello! agency in September.

“We’ve had this idea brewing for a while now,” says Venorsky. “We absolutely love what we do and we’ve been working together for 10 years.”
 
Hello! focuses on developing close connections with their clients, Venorsky says, by engaging relationships and finding out what makes them tick. So it seemed only natural to name the agency Hello!. “When you think about any relationship, you have to introduce yourself,” says Venorsky. “We call ourselves an 'engagement agency' – we build relationships on insight and research.”
 
Davis, with a background in cultural anthropology, handles the research end – figuring out why people do certain things. Venorsky handles the public relations, marketing and social media aspects. Venorsky says it was the right time to take an “intelligent risk” and hang out their own shingle.
 
“There’s never been a better time or an easier time to build a relationship with your customers with so many media platforms,” Venorsky says. “We’re trying to be medianostic and build something that matters.”
 
Hello! is still looking for the ideal office space in Ohio City or Tremont, but in the meantime, Venorsky and Hall are busy signing on clients. They’ve landed four accounts so far.

 
Source: Michelle Venorsky
Writer: Karin Connelly
 
the freelance life: how some locals are cobbling together the careers of their dreams
Since the Great Recession, more and more folks have been living the "gigging life," working multiple jobs or hopping from one project to the next in hopes of cobbling together a living budget. While that might seem arduous, it also allows those living the lifestyle to follow their true passion.
red, the steakhouse: a start-to-finish slideshow
For the past six months, Red, the Steakhouse has been coming to shape in the former Volk's Jewelry & Loans building on Prospect Avenue. Throughout it all, Fresh Water photographer Bob Perkoski has been documenting the process. This slideshow follows that progress from start to finish.
refugees play important role in region's economy, study shows
On October 28, the Refugee Services Collaborative (RSC) released its first-ever study of the economic impact Cleveland’s 4,500 refugees have made on the region since 2000. Refugees are legal U.S. residents who have come here to avoid persecution in their home countries.
 
"We felt there were a lot of negative misconceptions about refugees, so we commissioned the economic impact study to uncover the facts," says Luanne Bole-Becker, RSC’s special projects and data management coordinator.

The report, generated by Chmura Economics and Analytics and funded through a grant from the Cleveland Foundation, shows that refugees created and sustained 650 jobs in 2012 as a result of household spending, small business creation and through the agencies in place to help them. The total economic impact was $48 million in these three areas.
 
“Refugees bolster the population and their spending creates jobs in the economy,” explains Chmura’s Dan Meges, economist and business development manager. “Without refugee arrivals, this spending and economic activity would be occurring somewhere else in the United States. They also increase the demand for local housing by buying or renting homes, and they increase the socio-cultural diversity of the city, which has other positive spillovers.”
 
RSC was formed in 2011 and grew out of dialogue between the region’s many refugee service agencies. The report shows that while refugees typically find work in food service, housekeeping, sewing, factory production work and seasonal landscaping, they are also more likely to be entrepreneurs and start small businesses once they have settled in the area.
 
"Refugees are positive for Cleveland,” says Bole-Becker. “While they need some initial help, it's an investment in a group of people that don't take jobs; they make jobs. We hope to increase capacity so that more refugees can be resettled here, adding to Cleveland's growth."
 
Meges adds, “From an analytic viewpoint, what matters is their average family income, which is estimated to be about $31,000 annually in the Cleveland area in 2012.”
 
More than 17,000 refugees have settled in Cleveland since 1983.

 
Source: Dan Meges, Luanne Bole-Becker
Writer: Karin Connelly
first annual cleveland entrepreneurship week sees more than 1,300 attendees
More than 1,300 people attended the first annual Cleveland Entrepreneurship Week last week, participating in everything from pitch sessions to speaker sessions and after-hours networking events.

Big names in the entrepreneurial community from outside the region, such as MapQuest founder Chris Heivly and managing director of The Startup Factory, were among those in attendance who helped make the event a success.
 
“Overall, ClevelandEW was successfully able to showcase and celebrate the growth of entrepreneurship and the unique ecosystem being created here in Northeast Ohio,” says Todd Goldstein, founder of LaunchHouse, lead sponsor of the event.
 
Goldstein reports that all of the EW events were well attended. “More than 300 attended LHX2013 Demo Day and the ClevelandEW opening party at LaunchHouse,” he says. “Other popular events were Startups @ The City Club, a new entrepreneurial and community-driven speaker series with the mission to educate, inspire and provoke entrepreneurial thought throughout Northeast Ohio, and the speaker sessions at Ernst and Young.”
 
Several of the startups in the LHX2013 Demo Day were able to secure leads, convert attendees to customers and identify potential investors. Goldstein says all 11 companies that gave pitches at Demo Day felt good, although a bit overwhelmed, about the experience.
 
“Right now, they are all doing a lot of follow up to the leads they made during Demo Day and ClevelandEW,” he says. “They are all rock stars to us and we are looking forward to helping them toward the next stage in their companies.”

 
Source: Todd Goldstein
Writer: Karin Connelly
in the circle: is uptown development living up to expectations?
For decades, the heart of University Circle was lifeless after 5 p.m. Uptown, a $65 million development of new shops, restaurants, markets and apartments, aimed to change that by becoming a new center of gravity for Cleveland’s cultural district. So, now that it’s halfway completed, how is Uptown doing?
input wanted for design of new convention center hotel
County residents are being asked to share their opinions as they pertain to the new Convention Center Hotel. The 650-room hotel will replace the Cuyahoga County Administrative building at Lakeside Avenue and Ontario Street and serve as the main hotel for the nearby medical mart and convention center.
 
Representatives from the architecture firm Cooper Carry will be in town on Wednesday, November 20th, from 5:30 to 7:00 p.m. to share preliminary designs for the new Convention Center Hotel and solicit input from local residents.
 
The hotel is on a fast track, with County Executive Ed FitzGerald stating a goal of a 2016 opening.
 
The meeting is free and open to the public.
 
Cleveland Public Library
Louis Stokes Wing Auditorium
325 Superior Avenue East
 
Questions and registration (not required): info@LAND-studio.org
writer praises city's artist recruitment program
In an International Business Times story titled “Cleveland Is Ready To Rock: Are You?” writer Ellen Killoran shares details of her experience at a recent artist recruitment weekend, during which out-of-town creatives were invited to see a plethora of benefits the city has to offer for artists seeking to relocate.
 
“”Welcome to Cleveland Weekend," which took place in early August, was a self-described experiment spearheaded by the Community Partnership for Arts and Culture, or CPAC, a well-endowed nonprofit dedicated to strengthening Cleveland's artist community," Killoran writes. "The clear objective of the event, the first of its kind, was to persuade these artists from other, often bigger and more expensive cities, to make Cleveland their home base.”
 
Killoran goes on to detail some awe-inspiring features of both the city and the program that should make Cleveland an opportunity too good to pass up.
 
Enjoy the lengthy feature here.