| Issue 4, Vol. 3 | October 2011 |
Greetings!
Rounding Third....
It is hard to believe we are wrapping up the 3rd Quarter of 2011; maybe that is because we at the Economic Development Division have been so busy this year, we haven't had time to check the calendar.
This edition of our electronic newsletter will bring you up to speed on some of the projects we've recently completed and some that are in the pipeline. We start off with the recent announcement that Omnicare will bring almost 500 jobs to the Cincinnati Central Business District and grow from there.
You will learn about and a new company in Cincinnati, DotLoop, and how their decision to move into the city was confirmed with the support of an incentive package approved by City Council in the past month.
International investment in Cincinnati came into focus with the opening and dedication of Eurostampa North America's new specialty printing facility on Seymour Road in Bond Hill.
Cincinnati's commitment to Green Building Construction took a giant leap forward with the recent LEED Gold certification attained by the Great American Tower at Queen City Square.
We are especially happy to introduce our new Commercial Buildings and Sites page on our award winning website, www.choosecincy.com/properties.
It's been another challenging year as we all work through the uncertainties of the credit crunch, lingering recession and high unemployment numbers across our region and nation. But, thanks to the diligence and hard work of the Economic Development Division staff, we are making progress and keeping Cincinnati on the move.
Until next time,
Patrick Ewing
Interim Director |
Omnicare Announces Relocation of Corporate Headquarters to Cincinnati
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Omnicare, Inc. announced that it will relocate its corporate headquarters to downtown Cincinnati, Ohio, from the Company's present location in Covington, Kentucky. The move, which is expected to begin in December and be completed by June 2012, will transfer Omnicare's corporate positions to the new headquarters one mile away. The Company will also relocate its Fort Wright, Kentucky office and consolidate operations in the new Cincinnati headquarters.
Nearly 500 Omnicare employees will make the transition to the new headquarters at the Atrium One Building, located at 201 E. Fourth St. in Cincinnati. Over the next few years, Omnicare anticipates expanding its total employee base in Cincinnati.
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Omnicare CEO, John Figueroa, Announces Relocation of Corporate Headquarters to Cincinnati
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DotLoop Expanding In Cincinnati
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DotLoop serves the residential real estate market by providing a web-based, virtual workspace that lets users create, adjust, approve, and electronically sign documents and contracts in one seamless, online environment. The company, founded in 2008, is growing rapidly and needed new office space to accommodate their growth.
DotLoop evaluated its options and decided that Cincinnati is the best place for them to expand. They are moving to Longworth Hall and will grow to over 70 employees over the next several years. The company's decision to come to Cincinnati was based in part on job creation tax credits provided by the City and State of Ohio.
"The DotLoop team applauds the efforts that the City of Cincinnati is taking to facilitate innovation and growth in our community." according to Austin Allison, CEO of DotLoop. "By empowering people's ideas here, the City of Cincinnati helps spur innovation and growth that inspires our region to become the Silicon Valley of the Midwest."
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DotLoop Moving to Longworth Hall
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Eurostampa North America Opens Facility
| Eurostampa North America, which prints labels for premium brands including Johnny Walker, Jim Beam, Smirnoff and Skyy Vodka, opened a 75,000-square-foot printing facility in Roselawn.
The international company, which is family-owned, invested nearly $9 million into the facility, which will also serve as the company's North American headquarters.
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Eurostampa Owner, Luciano Cillario (second from left), poses with others at the Eurostampa North America Grand Opening
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Great American Tower earns prestigious LEED Gold Certification
| Great American Tower at Queen City Square has been awarded LEED® Gold certification from the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI). LEED is the nation's preeminent program for the design, construction and operation of high performance green buildings.
"Great American Tower at Queen City Square is the greenest office building in downtown Cincinnati, in addition to being the tallest and largest," said Mario San Marco, president of Eagle Realty Group. "By working closely with our design and construction teams, we were able to maximize the number of environmentally responsible attributes of the project, thereby leading to the prestigious Gold level certification."
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Great American Tower @ Queen City Square
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The City of Cincinnati Debuts A New Way To Search For Commercial Buildings and Sites
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Early October saw the City of Cincinnati's Economic Development Division release a new web-based search tool that allows visitors of www.ChooseCincy.com to find available commercial buildings and sites located in Cincinnati. The new feature provides site selection consultants, economic development professionals, business leaders, government officials and residents the ability to locate potential sites for new, expanding or relocating businesses.
The latest version of the commercial building and site location tool has been upgraded to include a new user-friendly interface, added display layers, customized demographic and business reports, as well as much improved search times. The powerful new functions also allow the site to display more accurate information pertaining to available sites and buildings.
The upgraded commercial building and site locator tool is powered by Location One Information Systems (LOIS), commercial real estate data by Xceligent®, and the City of Cincinnati Economic Development Division and can be found at www.choosecincy.com/properties.
This free service is provided to you by the Economic Development Division of the City of Cincinnati.
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| Did you know? | |
Xavier's entrepreneur program is ranked among the top in nation
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