Thursday, January 24, 2013
Beachwood's economic development director doesn't want to miss out on tenants, but needs a plan from the mall
Beachwood officials heard a statement earlier this month that they hope will not be repeated in the future. Jim Heller of Cleveland-based ka architects said that the city had already missed out on four retailers "you would have loved to have had here" at a work session regarding an expansion plan for Beachwood Place Mall. Beachwood Economic Development Director Jim Doutt said he was disappointed to hear that, but the city still awaits an expansion plan from the mall's parent company, General Growth Properties in Chicago. Heller encouraged the city to make zoning modifications for a 5.6-acre section of Richmond Road now owned by GGP, though the company had no plan to present. "There's nothing that's been proposed, that's the bottom line," …
Tuesday, January 15, 2013
Grant program would reward companies for bringing new jobs and payroll to the city
Beachwood is considering implementing a tool that could provide incentives for companies to relocate to or expand in the city. If approved by city council members, the Beachwood Job Creation Incentive Program would give an annual grant to businesses that create new full-time jobs. The grant amount would be based on a percentage of the annual payroll withholding taxes generated by the new jobs. Such an ordinance would represent the first-ever, on-the-books program to incentivize companies in the city's history. "I think it'll be easy for us to market this, both as a retention and an attraction tool for the city to use," Economic Development Director Jim Doutt said. Doutt mentioned that "the economic development landscape is quite …
41.4449
-81.536
City of Beachwood
25325 Fairmount Boulevard, Beachwood, OH
/articles/beachwood-considers-job-creation-incentives
1099964
/locations/8599772
Monday, January 14, 2013
Take a look at the measures council members will vote on this evening
Beachwood City Council will gather for its first meeting of 2013 this evening at 7 p.m. at Beachwood City Hall. There are 10 ordinances on the agenda. They include contracts, acceptance of a donation and $80,000 in payments for the Human Services department to take seniors on various trips this year. Council will also consider to the adoption of a job creation incentive grant program for the city. According to the legislation's language, funding would come from non-tax revenue sources like interest income, permit and activity fees, service charges and tax incentive application and monitoring fees.
Saturday, January 12, 2013
Tell us what you hope to see added to the mall
The parent company of Beachwood Place Mall is eyeing an expansion, though details remain undefined. A Cleveland architect met with city officials this week to discuss zoning modifications needed to make the expansion a reality. Standalone restaurants and banks were among the possibilities discussed. Speaking on behalf of General Growth Properties, Jim Heller of Cleveland-based ka architects gave no timeline for a new project at the mall, but he made it clear that the firm wants to implement tenants that would attract additional shoppers and tax dollars. While the private and public partners iron out the possibilities, we'd like to hear from you. What would you like to see added to Beachwood Place? Let us know in the comments section below.
41.50127
-81.49536
Beachwood Place Mall
26300 Cedar Rd, Beachwood, OH
/articles/how-should-beachwood-place-expand
1419225
/locations/8579851
Thursday, December 6, 2012
The city's economic development team will survey Israel's landscape and identify opportunities for economic development
Though Jim Doutt's presentation on building an incentive framework for businesses didn't center on Israel, the country played a large role in it. As Beachwood attempts to recruit more businesses and spur economic development, Doutt, the city's economic development director, said firms in Israel should be among the community's targets. "Israel is a logical thing for Beachwood to look at," Doutt said. "There's a long-term, longstanding, discernible cultural connection between Beachwood and Israel." Doutt said there are several biomedical companies in Israel that could deem Beachwood a good fit. His research estimates about 400 new companies in that sector between 2001 and 2011. Those firms could be intrigued by the prospect of supplying and …
Saturday, June 16, 2012
Goldman Sachs is contributing $500 million nationally toward small business scholarships, faculty training and technical assistance
Editor's note: Cuyahoga Community College submitted this article. Beachwood’s small businesses are encouraged to apply to the Goldman Sachs “10,000 Small Businesses” program at the Cuyahoga Community College to receive growth capital and a business entrepreneurship education. “Small business owners in Beachwood and throughout Greater Cleveland stand to benefit from this innovative program providing practical business education, access to capital and business support services,” said Jim Doutt, Economic Development Director for the City of Beachwood Goldman Sachs is contributing $500 million nationally towards scholarships, faculty training and technical assistance to help build the organizations’ capacity to support business education. The …
Brandon Baker
6:06 pm on Saturday, January 12, 2013
Thanks for the feedback! more ›