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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 26 - May 2, 2011

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.

Economy revs up in University Park

(Akron Beacon Journal, April 27, 2011)

The major anchor institutions located in or near University Park have a direct total economic impact of $2.5 billion within the area and an indirect impact of $3.5 billion within Ohio, according to a new study released Tuesday.


Lebanon company to add 125 jobs in expansion   

(Dayton Daily News, April 28, 2011)

Mane, a fragrance and flavor company with offices around the world, will start construction on an addition to its plant by the end of the summer, according to city documents.  The company will build a 67,000-square-feet headquarters and research and development facility, the second phase of a three-phase project in the Lebanon Commerce Center.


No plastic is junk in pilot program

(Akron Beacon Journal, April 30, 2011)

Akron startup company Polyflow LLC wants the waste for its process that converts all kinds of plastic back into raw materials for transportation fuels and new plastics.

Downtown Cleveland hotels pin their hopes on convention center, casino, medical mart project

(The Plain Dealer, April 30, 2011)

High-rolling projects from a casino to a new convention center could push hotel occupancy in downtown Cleveland to levels not seen in more than a decade.  That's what hotel managers are hoping, at least, with construction under way on a $350 million casino on Public Square and a $465 million convention center and medical mart in the heart of the city.

Akron Polymer expands  

(Akron Beacon Journal, May 1, 2011)

The specialty company - the first business to locate in what Akron calls its Biomedical Corridor - now expects to move into the building no later than September. The total project is estimated at $3 million.

Ohio City property owners agree to form special improvement district 

(The Plain Dealer, May 2, 2011) 

Cleveland City Council is being asked to approve a special improvement district that will bring additional security and will help keep the Ohio City neighborhood clean.  If approved by council, the district will begin operating next year with a $125,000 budget administered by Ohio City Inc., the community development corporation that worked with property owners to organize it.

ODOT to focus on Inner Belt plan's economic impact on downtown  

(The Plain Dealer, May 2, 2011)  

Construction on the Inner Belt east of the bridge may be at least a decade away, but how it might affect the Midtown area of the city remains a problem for planners.  The debate over plans that include closing two ramps has yet to be worked out, but it may be moving toward resolution after the state highway department said last week it would begin a study on the project's economic impact in the area.   

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