CDA invests in second phase of Flats East Bank

Financing for the second phase of the Flats East Bank closed last week, including $4.5 million in financing from Cleveland Development Advisors (CDA), the Greater Cleveland Partnership’s real estate and business development finance affiliate.

The current plan calls for 240 new market-rate residential rental units and over 100,000 square feet of retail, restaurants, and entertainment space.

Minimum wage debate continues in Washington; GCP members can voice their opinion

In response to President Obama’s proposal to increase the federal minimum wage to $10.10 per hour, the United States Senate has begun to discuss the issue. Although it is possible that the Democrat-controlled Senate will take action on the matter after Easter break, it is unlikely that the House of Representatives, controlled by Republicans, will consider it any time soon.

GCP members are encouraged to let us know how they feel about this issue. By taking 10 minutes to participate in this survey, members can provide important insight, which will be relayed to the Government Affairs Council. Click here to watch our video.

Advancing Inclusion, Achieving Results

The Commission on Economic Inclusion is pleased to announce the 2014 Commission 50, a recognition of members for measurable progress in advancing their diversity and inclusion strategies.

This recognition is based on their responses to the Commission’s annual Employers Survey on Diversity™. Their scores are tabulated based on four metrics: board diversity, senior management diversity, workforce diversity, and supplier diversity.

Achievement in diversity honored

Twelve members of the Commission on Economic Inclusion were honored as Best-in-Class for board, senior management, workforce and supplier diversity at GCP’s Annual Meeting last week. Meet the winners.

GCP Annual Meeting outlines 2014 priorities, highlights 10-year accomplishments

Governor Kasich delivers keynote address

Cleveland, Ohio—Continued focus on redesigning and revitalizing Public Square and working to ensure that Hopkins Airport provides nonstop and convenient service to major business and leisure destinations are among the Greater Cleveland Partnership’s 2014 priorities highlighted at the organization’s Annual Meeting today. Read more.

GCP advocating to keep increased funding for NASA Glenn

In this week’s "GCP Insight" video series, Nick Gattozzi, GCP’s vice president, government advocacy, discusses the economic impact of the NASA Glenn Research Center on the region and state and how GCP will continue to advocate for optimum funding levels for the Center's space technology programs.

Click to watch.

GCP applauds state for supporting lakefront priorities

Cleveland, Ohio—State leaders today introduced Ohio’s state capital bill legislation that assists a wide range of projects that include providing better public access to Cleveland’s lakefront.

More than $30 million was included for economic development and arts projects in the Cleveland area, including $5 million for the Cleveland Lakefront Access Project and $3.5 million for Flats Riverfront Park.

GCP Board selects new Chair

Cleveland, Ohio -- The Greater Cleveland Partnership Board of Directors today elected KeyCorp Chairman and CEO Beth Mooney to a two-year term as Board Chair. She succeeds Christopher Connor, chairman and CEO of The Sherwin-Williams Company, in this role.

 “I am continually impressed with how the private sector in Cleveland comes together to build a stronger community,” said Mooney. “The Greater Cleveland Partnership is the engine that drives our partnership and is critical to helping our region’s economy grow.”


The Think Spot

The Think Spot is a new keynote series that brings the most influential and pioneering entrepreneurial minds to Northeast Ohio to speak, inspire and spark an epiphany.

The first speaker is Amilya Antonetti, who made her mark in the early 1990s when she successfully launched Soapworks after discovering the life-threatening effects of traditional cleaning products on her infant son.