Buzz

Cincinnati stands out for commitment to youth jobs

New York Times Tuesday, June 08, 2010

While summer jobs for high school and undergraduate students have been cut elsewhere in the nation, Cincinnati has maintained a $1 million dollar budget for its youth initiatives. Due to the mayor's commitment to the program, about 700 youths will be hired for productive work around the city such as landscaping, serving as junior counselors at neighborhood recreation centers, and working in the parks department.

Read the full story here.

Ethicon spin-off to choose Cincinnati location for HQ

Cincinnati Business Courier Tuesday, June 01, 2010

A planned sale of Ethicon Endo-Surgery Inc.'s breast care business to Devicor Medical Products Inc., could bring a new corporate headquarters to Cincinnati that would rank among the region's largest private companies. Ethicon makes and sells products that are used to diagnose breast cancer.

Read the full story here.

Cincinnati Riverfront Park one of best new urban parks in America

Infrastructurist Tuesday, April 13, 2010

The Cincinnati Riverfront Park is being recognized as one of the best new urban parks in America even before it is completed. Phase 1 of the multi-phase project is currently underway and will eventually create a new 45-acre park on Cincinnati's central riverfront.

The new park will also be the crown jewel of Cincinnati's larger efforts to reconnect its downtown with the Ohio River after having long been disconnected by an interstate and freight railroad lines. The park will also be integrated into the city's proposed modern streetcar system that will connect it with the rest of the Central Business District, the historic Over-the-Rhine neighborhood and communities surrounding the University of Cincinnati.

Read full article here.

World Equestrian Games expected to have $167M impact on Nky

Business Journals Tuesday, April 06, 2010

The World Equestrian Games will bring a lot more than world class equestrian competition to Kentucky this Fall. The games will also bring in lots of money to the region according to a recent economic impact study.

The estimated $167 million impact will be felt through hotel rooms, increased payroll taxes, restaurants, rental cars, and other purchased items by the thousands of visitors expected to be drawn to the region for the event.

Read full article here.

Cincinnati ranked as 44th best job market for young adults

Portfolio Tuesday, March 23, 2010

Portfolio.com has ranked the nation's top job markets for young adults by measuring categories like overall population growth rate, number of residents between the ages of 18 and 34, and share of households under the age of 45 with an income greater than $100,000.

The Cincinnati market scored well in the category ranking markets on the jobless rate for residents between the ages of 18 and 34. Cincinnati also was identified as having 22 percent of its 18 to 34 year-old age group with a Bachelor's Degree or higher.

Read full article here.

Can Cincinnati find the 10 percent solution to urban growth?

New Geography Tuesday, March 16, 2010

Metropolitan regions around America often experience population growth while the primary city in that region is experiencing flat or declining population trends. If these urban cities were able to capture just 10 percent of that regional growth it could have a major impact on those communities and region.

In Cincinnati the metropolitan region has experienced continued growth. If Cincinnati was able to find the 10 percent solution to urban growth it would represent the addition of 15,000 people over the course of the next decade.

Read full article here.

Cincinnati-based Macy's ranks as one of America's most valuable retail brands

Interbrand Tuesday, March 16, 2010

Cincinnati-based Macy's has been ranked as one of America's most valuable retail brands in 2010. The ranking saw upward movement amongst value retailers, but Macy's was able to hold its position even in a tough economy.

Macy's is one of the largest retailers in the nation and began a national brand campaign in 2006 to expand and convert store identities over to the now national Macy's brand.

Read full article here.

Cincinnati ranks among top 10 cities for corporate real estate projects

Site Selection Tuesday, March 09, 2010

Cincinnati has ranked among America's top 10 cities for the second year in a row for corporate real estate projects. Cincinnati ranked fourth in the nation in 2008, and sixth in the nation in 2009 according to Site Selection Magazine.

In 2009, the Cincinnati metropolitan area recorded 89 corporate real estate projects which was the sixth best for metropolitan areas over 1 million people. Meanwhile Dayton took home the top spot for the second year in a row for metropolitan areas between 200,000 to 1 million people with 46 total projects.

Read full article here.

Procter & Gamble ranks as world's 6th most admired company

Fortune Tuesday, March 09, 2010

Cincinnati-based Procter & Gamble is known for being the world's largest advertiser and consumer goods company, but it is also the world's 6th most admired company according to a recent Fortune Magazine survey.

P&G was particularly noted for its dedication to innovation and the consumers the company serves. Also ranking at the top of the list with P&G was Apple, Google, Berkshire Hathaway, Johnson & Johnson, and Amazon.com.

Read full article here.

Two Cincinnati companies make Interior Design's top 100 Giants list

Interior Design Tuesday, March 02, 2010

Interior Design Magazine's annual ranking of the top-100 interior design firms in the nation includes two Cincinnati-based firms that impacted over 10 million square feet of interior space design.

Cincinnati-based KZF Design jumped 37 spots to number 71 overall while FRCH Design Worldwide dropped eight spots to number 40 overall in the rankings.

Read full article here.

Cincinnati residents brainstorm on casino appearance

Casino Gambling Web Tuesday, February 23, 2010

More than 200 people attended the Broadway Commons casino charrette in Over-the-Rhine to discuss what they would like, and not like, to see with the new casino to be developed at the northeast downtown location.

Many of the top concerns revolved around potential light and noise pollution, and creating a casino that is energy efficient. Residents also stated that they're looking for a casino development that is beautiful and adds to the existing beauty of the neighborhood and center city amenities.

Read full article here.

Cincinnati launches economic development website

American City & County Tuesday, February 09, 2010

The City of Cincinnati has launched a new economic development website aimed at attracting new business and jobs. The new site focuses on providing timely information relevant to site selectors and developers who might be interested in the city.

The new website is seen as a "huge step forward" in terms of how the city communicates with the economic development community. Cincinnati leaders are looking for the site to attract new investors and additional jobs to the region.

Read full article here.

Cincinnati touted as consumer marketing hub

Cincinnati Enquirer Tuesday, February 02, 2010

As the home of Procter & Gamble, Macy's, Kroger and others, many regional leaders believe that Cincinnati should be designated as a "Hub of Innovation and Opportunity" in consumer marketing by the State of Ohio.

The effort to get the designation would build on an existing project to capitalize on Cincinnati's consumer marketing expertise to create jobs and attract talent. Consumer marketing is currently not considered one of the industries Ohio has identified as a focus of its "cluster" strategy for economic development, but is one that is a core and thriving business sector in the Cincinnati region.

Read full article here.

Streetcars get boost in new transit policy

Wall Street Journal Tuesday, January 26, 2010

New policy set out by the Obama administration is placing more of a focus on urban circulator transportation projects that promote livability. The action places Cincinnati's streetcar project among those that could qualify for new funding.

Some 80 cities are qualified for the new urban circulator money, but of those 80 about a dozen are "very close" to actually implementing such a system. One of those "very close" cities is Cincinnati as it works to develop its own modern streetcar system that will initially run between Downtown, Over-the-Rhine and Uptown.

Read full article here.

Cincinnati food bank also trains up and coming cooks

Dayton Daily News Tuesday, January 12, 2010

Cincinnati's Freestore Foodbank not only provides food for the needy, but it also provides culinary arts training for at-risk, low-income people. The organization's Cincinnati Cooks program is in its 9th year and has graduated 650 people.

Of those 650 graduates close to 500 have been successfully placed into food-related jobs. Cincinnati Cooks hopes to grow as they move into a new building in downtown Cincinnati, including increasing food production and the overall number of participants in the Cincinnati Cooks program.

Read full article here.

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