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Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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Weekly News and Opinion from Ohio's Newspapers
May 24 - May 30, 2011

Greetings!
Welcome to the latest issue of Economic News from Ohio's Regions, a regular weekly newsletter from the Maxine Goodman Levin College of Urban Affairs and Cleveland State University.  We'll search Ohio's papers to bring you economic news and key happenings that impact Ohio's regions.

Center for Neighborhood Technology study urges Cleveland to rebuild around transit lines, port  

(The Plain Dealer, May 24, 2011)  

Cleveland can help itself recover if it focuses new development around core assets - especially mass transit and its lakefront port.

 

Infusion from China for Toledo, Ohio 

(New York Times, May 24, 2011)

Real estate professionals here estimated that the investment by Ms. Yuan and Mr. Wu could total $200 million to $300 million. That would make it one of the largest real estate investments in the United States by Chinese developers, and part of a steadily growing number of Chinese-financed projects in small urban American markets.


Blossom in the park  

(Akron Beacon Journal, May 25, 2011)  

The decision by the National Park Service to make purchasing the second and final parcel of undeveloped land available at Blossom Music Center a top priority comes as welcome news for all who support and enjoy the Cuyahoga Valley National Park. The pending sale will end the possibility of new housing development in the largest remaining private parcel in the 33,000-acre park. For years, that was considered the leading threat.


Editorial: Cincinnati's new slogan  

(Cincinnati Enquirer, May 25, 2011)  

What do you think of when you think of Cincinnati? Flying pigs, goetta and other assorted pork products? Montgomery Inn, Graeters and Cincinnati-style chili of the Skyline, Gold Star, Price Hill, Blue Ash or Camp Washington varieties (whichever you prefer)?

 

 

Area jobless rates decline 

(Morning Journal, May 25, 2011)

Lorain County's 7.6 percent jobless figure is down from 8.5 percent from March and down from 9.2 percent in April 2010, according to Ohio Department of Job and Family Services figures. In November 2008, the jobless rate was 7.2 percent.

 

New park stands out like an emerald in the city  

(Columbus Dispatch, May 26, 2011)  

These projects represent the last major Downtown activity for a while. But the hope is that the $20 million Columbus Commons, along with the $44 million Scioto Mile riverfront park, will become a catalyst for future projects.

   

Fish taking root as Ohio money crop  

(Columbus Dispatch, May 26, 2011)  

Freshwater Farms is the largest indoor aquaculture operation in the state, producing up to 100,000 pounds of fish annually. The Champaign County business supplies several area restaurants and sells fresh, frozen and smoked fillets at an on-site retail store.

 

4 films to shoot in Ohio, 1 in Cincinnati 

(Cincinnati Business Courier, May 26, 2011)

Four films have committed to shoot in Ohio, including one that will film in Cincinnati. The films, secured by the Ohio Film Office, will receive more than $2.3 million in tax credits and provide jobs for nearly 900 Ohioans as part of the cast and crew.

 

Highway plan draws opposition 

(Toledo Blade, May 26, 2011)

Residents of the southeastern corner of Wood County's Henry Township are organizing opposition to Ohio Department of Transportation plans to reroute State Rt. 18 around North Baltimore across farmland in the township.

 

Ohio, Great Lakes state big production job losers 

(Columbus Business First, May 27, 2011)  

Employment in the manufacturing sector has declined from 2001 levels in 49 states, including Ohio and its neighboring states, a new analysis has found.

 

Foreclosures change the local housing market

(Middletown Journal, May 28, 2011)

Foreclosures have created a housing market that is attractive for investors and first-time homebuyers but harder for sellers to move properties that aren't lender involved, say Hamilton and Middletown Realtors.

 

Ohio, Dayton region losing families with children over last decade 

(Dayton Daily News, May 28, 2011)  

In another unwelcome sign of the times, Ohio and the Dayton region have lost families with children during the last decade, according to a Dayton Daily News analysis of new census data.

 

Census shows Cleveland-Akron remains major U.S. urban area, despite losses

(The Plain Dealer, May 29, 2011)  

Census 2010 numbers released this year also reveal another fact: despite the losses, the Greater Cleveland-Akron urban area remains a major market that can serve as a significant regional center.


         Edited and compiled by: Molly Schnoke, Center for Community Planning & Development, Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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