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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
April 12 - April 18, 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.

Casino seeks local 'partners' 

(Cincinnati Enquirer, April 12, 2011)

Management over the incoming $400 million Horseshoe Casino at Broadway Commons is already looking to local businesses, restaurants and hotels to form early relationships considered key to the casino's operations and its customers' experience, says John Payne, central division president of Caesars Entertainment Corp.


State panel yanks streetcar funding

(Cincinnati Enquirer, April 12, 2011)

Although Cincinnati leaders vowed to press ahead with the streetcar project despite a staggering setback Tuesday, the only certainty about the proposed transit plan today is that City Hall will have nearly $52 million less to try to build it.

 

Diebold will stay in region, build   

(Akron Beacon Journal, April 13, 2011)

Diebold executives and Gov. John Kasich formally announced the global manufacturer of ATMs and security systems will stay in the Akron-Canton area. Diebold will build a new $100 million global headquarters, thanks in large part to a $56 million state incentives package.


GE center hailed as 'symbol of rebirth' 

(Dayton Daily News, April 14, 2011) 

General Electric and the University of Dayton broke ground Thursday on a $51 million research facility that area leaders say is validation of Dayton's aerospace hub designation and proof of an economic rebound.The GE Electrical Power Integrated Systems Research and Development Center, or EPISCenter, will be a "symbol of the rebirth of this region," said Daniel J. Curran, UD president.


Tony Hawk Foundation gives $25,000 to Cleveland skatepark, part of recreation hub in the Flats  

(The Plain Dealer, April 15, 2011)  

A California foundation launched by famed skateboarder Tony Hawk is sending $25,000 to the Flats.  The grant marks the first big private investment in a planned skateboarding park on the Columbus Road Peninsula.

 

Mayor says 'We don't have a deal' on Marina District project

(Toledo Blade, April 15, 2011)

Toledo Mayor Mike Bell said Chinese investors have taken back their offer to buy 69 acres of the Marina District for $3.8 million.  The mayor said he still hopes to salvage a deal, but he said the investors are "reassessing" whether they want to go forward with a deal to purchase a portion of the Marina District in East Toledo.


New hotel-office complex one of possible improvements in Cleveland Hopkins' new master plan 

(The Plain Dealer, April 15, 2011) 

A new hotel and an above-ground connection from Concourse C to Concourse D are two of the highlights of a master plan developed for Cleveland Hopkins International Airport.  The plan shows a hotel and office complex that is connected to the main terminal, the short-term parking garage and the Regional Transit Authority terminal.

 

Leaders optimistic about new development model

(Springfield News Sun, April 16, 2011)

Champaign County Economic Development Director Michael Morris has a deal he's trying to work out with a company to bring jobs to Champaign County - he won't say which companies right now - and recently felt he needed a high-level Ohio Department of Development official to help pull it together.

 

Is state's jobs entity really needed?  

(Columbus Dispatch, April 17, 2011)

When Republican Gov. John Kasich approached the lectern last week to announce his signing of a bill that increased the number of snow days for Ohio's schools, the first words from his lips were about economic development.  The Kasich administration is continuing work on JobsOhio, the nonprofit development entity approved this year through the passage of House Bill 1. It is to be funded by the leasing of the state's liquor-merchandising operation for $1.2billion.

 

Townships, cities trying to cut costs by sharing

(Akron Beacon Journal, April 18, 2011)

With revenue tight and new taxes politically unacceptable, some local governments are trying to get their acts together with deals that could save lives and property in addition to dollars.  

 
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