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.

Where Are We?

25235 Fairmount Blvd.

Office Hours

Monday - Friday, 8:00 a.m. to 4:30 p.m.
Phone: 216-292-1915

Contact: Vince Adamus, Vince.Adamus@beachwoodohio.com

Services & 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.
    • Available Properties List (37K PDF)
  • 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 the Beachwood Business Development Center website.

Available Properties

Beachwood Properties (37K PDF)

Growth & 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 2007:
Total Investment: $316,214,000
Total Jobs: 2,273   (New 1,346; Retained 927)

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

Director of Outreach & Business Centers- Cleveland State University
Colette Taddy Hart
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

Business Development Center

The Beachwood Business Development Center is driven by success. We're about accelerating the growth of your business. We're about stimulating job creation and helping form and grow innovative companies. But mostly, the Beachwood Business Development Center is driven to help you succeed...personally and professionally.

If your business model involves establishing a U.S. office, entering into a strategic alliance with a reliable U.S business partner or starting and accelerating a new venture, contact us to arrange for a visit. Once you do, we think you'll agree the Beachwood Business Development Center is the perfect place for your business, and Beachwood, Ohio is the perfect place for your family.

Visit the Beachwood Business Development Center website.

Where Are We?

23230 Chagrin Blvd., Suite 900

Office Hours

Monday - Friday, 8:00 a.m. to 4:30 p.m.
Phone: 216-591-2192

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.)