Economic Development
Mission
The mission of the City of Beachwood Economic Development Department is the proactive pursuit of improving the economic base of the City, focusing on enhancing the tax base, increasing the number and quality of jobs available to local residents, improving the visual quality and enhancing the exposure and visibility of the City.
Overview
The Economic Development Department fulfills this mission primarily through the retention of existing businesses, attraction of new businesses and the facilitation of property development. Specific programs include: providing outreach and technical assistance to existing businesses; operation of the Beachwood Business Development Center, an incubator for local and international entrepreneurial businesses and those seeking to develop a presence in the northeast Ohio market; and conducting marketing, outreach and technical assistance to the development community.
Location/Contact
25325 Fairmount Boulevard
Beachwood Ohio, 44122
Phone: (216) 292-1915
Fax: (216) 292-1989
Monday - Friday,
8:00 a.m. to 4:30 p.m.
Vince Adamus, Economic Development Director - (216) 292.1915
Vince.Adamus@beachwoodohio.com
Services and Amenities Offered
The success of your business is in our best interest! From our strategic partnerships, to our resourceful Department staff and large network of property owners, we can provide the type of assistance you need to help your business thrive.
A variety of resources targeted to all sizes and types of businesses:
Large to Small companies-
- Site selection help is available for land or office space.
- A variety of business development services, including financing and technical assistance is available to support your growth.
- We conduct yearly outreach visits to assist with specific expansion and retention needs.
For assistance, contact Vince Adamus at (216) 292.1915.
Small companies
Beachwood's office of the Cuyahoga County Small Business Development Center (SBDC) offers free technical assistance, counseling and assessment, in partnership with Cleveland State University's Nance College of Business Administration, the Ohio Department of Development and the U.S. small Business Administration. For assistance, contact Jim Kraft at (216) 591.2192.
Entrepreneurs, National and International companies
The Beachwood Business Development Center (BBDC) is a partnership
among the City of Beachwood, Cleveland State University's Nance College of Business Administration and the Beachwood business community. It promotes the growth of early stage businesses, or those looking to develop a Northeast Ohio presence, by providing space and an array of resource, support and business development services in its 11,000 square foot facility in the heart of the Chagrin Blvd. business corridor. For assistance, contact Howard Thompson at (216) 591.2192 or see us at www.beachwoodbusiness.org
Growth and Potential - Beachwood Business Facts
Beachwood invests time and resources to foster continuous development which makes Beachwood an ideal location for economic growth…and your company.
- Over 2,500 businesses with more than 20,000 employees
- Four million square feet of commercial space
- Over 100,000 people coming through Beachwood daily to work, shop and dine
- Nine hotels with 1,612 rooms and 25,730 square feet of meeting room space and $46 million in recent investment activity
Large Corporations in Beachwood
Several well-known, large companies have locations or corporate headquarters in Beachwood, including Cleveland Clinic Regional Hospitals, Bank of America Card Services, Developers Diversified Realty Corporation, University Hospital’s Ahuja Medical Center and Tremco Inc.
Business Development Projects
Since November 2008:
Total Investment: $325 million
Total Jobs: 2,623 (New 1,456; Retained 1,167)
We establish a mutually beneficial relationship with our businesses and support your plans to expand or improve your facilities. And we welcome the opportunity to assist companies to relocate to Beachwood.
Recent, exciting development projects in our City include:
- Expansion
- Developers Diversified Realty Corporation (2009): Added 140,000 square feet to its headquarters.
- New Construction
- University Hospital’s Ahuja Medical Center (2010): A state-of-the-art, 144-bed, seven-story facility that is 432,000 square feet, located on 53 acres at Richmond Road and Harvard.
- Renovation /New Occupancy
- Jewish Community Federation/Mandel Building (2010): $16 million project to move the Federation to Science Park Drive.
Cleveland State University Nance College of Business
Our partnership with CSU’s Nance College of Business provides even more beneficial resources to local companies.
CSU collaborates with the Beachwood Business Development Center (BBDC) and the Small Business Development Center (SBDC) to provide a multitude of services including:
- Global Business Center- offers international business & marketing assistance
- Global Gateway Series- monthly seminars from law and business faculty
- Finance, marketing and market research consulting
- Engineering consulting
- Patent and licensing consulting
- Graduate assistants to do research and supplement your staff
Colette Taddy Hart
Director of Outreach & Business Centers - Cleveland State University
(216) 875.9715 / c.hart@csuohio.edu
Small Business Development Center (SBDC)
A new sub-center of the Cuyahoga County Small Business Development Center is located at the Beachwood Business Development Center offices.
The SBDC provides free, in-depth, quality consulting and training to local entrepreneurs and existing small companies in order to promote growth, expansion, innovation, increased productivity and improved management. This SBDC sub-center is a partnership among the U.S. Small Business Administration, Ohio Department of Development, Cleveland State University's Nance College of Business and the City of Beachwood. and offers:
- Business start-up information
- Assistance with business plans
- Business and financial assessments
- Loan packaging
- Information on Federal, State and local regulations and programs
- Assistance with international trade
- Referrals to experts
Jim Kraft
SBDC Business Counselor
(216) 359.0220 / j.r.kraft@csuohio.edu
Economic Development News
- Beachwood Business Development
Center funding partner JumpStart featured in BusinessWeek
- NewsWeek featured Cleveland's JumpStart in their
special double issue published on December
28, 2009 and
January 4, 2010. The article discussed the difficulties
of startup entrepreneurs to raise funds. (Read
the article.)
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