Greater Cleveland Partnership

Filing Period

Jan 1, 2012 to Dec 31, 2012

Signed

Nov 9, 2013

Return Version

2012v2.1

Gross Receipts

$9,730,607

Mission

Major Activities

Activity 2

Advocacy: the northeast ohio business community has a tremendous advocate in the greater cleveland partnership. With our network of partners, we speak with one voice when it comes to what is best for business, the economy and job creation in the region. This enables us to communicate the business community's strategic priorities to elected officials and public-sector leaders to help them marshal the resources needed to meet current challenges and improve the long-term outlook of the region's economy. In 2012, the greater cleveland partnership's advocacy team and many partners in the chamber and civic worlds worked together to achieve unprecedented successes. Topping the list of achievements was passage of state legislation that will allow the cleveland metropolitan school district to implement bold reforms. Gcp members and staff rallied to the cause and served as volunteers in the campaign. Our support provided campaign leadership, rallied involvement by our members and the business community by providing connections to volunteer opportunities and campaign updates, and ensured that our members could get involved in the campaign. The gcp worked with seven ohio metropolitan chambers of commerce to publish a two-year update to "redesigning ohio: transforming government into a 21st century institution." first released in 2010, it contained several specific recommendations that were directed to improving ohio's economy and closing the projected $6-$8 billion deficit. Two years later, we were gratified to note that many changes were implemented that align with our recommendations. Ohio closed its budget deficit, restored its "rainy day fund" and implemented several reforms and did so without raising taxes. The gcp will continue working to maintain the viability of the nasa glenn research center and plum brook station and seek opportunities that leverage these assets to advance the mission of the agency, economic development and new and emerging industries. Nasa glenn is an economic development engine for the region and the entire state, and retention of its skilled and highly educated workforce must be a top priority. Other ongoing priorities include state, federal and local tax reform, transportation and infrastructure funding, and issues that impact the great lakes, including federal spending programs, conservation, and economic impact. Our agenda also includes considerable focus on energy issues.

Activity 3

Physical development: recognizing the importance of strategic collaboration among public, private, and non-profit organizations, gcp concentrates significant resources toward reinvestment in greater cleveland and northeast ohio. Gcp's real estate investment affiliate, cleveland development advisors (cda), provided a key financing component to support more than $33 million into various real estate and business development projects throughout cleveland. Investments focused on job creation and development of much-needed market-rate housing. During 2012, cda also was awarded $5 million in ohio tax credits, used to attract additional public and private investment capital. To date, cda has provided financing to 100 catalytic projects throughout cleveland, investing $200 million that has created more than $2.2 billion in total development. Three projects closed by cda in 2012 highlight gcp's focus on the importance of job creation. The 800 superior avenue redevelopment project is transforming the nearly vacant building into office space that will house over 1,000 employees of amtrust financial services and its affiliates. Global cleveland, an organization focused on attracting talented newcomers to cleveland, utilized cda financing to complete its headquarters on public square. Cda also provided financing to lutheran metropolitan ministry to create the richard searing center where job training and placement, as well as an innovative social enterprise program are taking place. During 2012, cda was in the process of capitalizing the $30 million advance cleveland development fund that will provide vital financing to support gcp's physical development strategy, including waterfront development, the euclid corridor from public square to university circle, the nine twelve district and the development opportunities spurred from the efforts of the group plan commission. The gcp physical development focuses on advancing the effort of large scale catalytic public infrastructure, transit, utility and public space projects. This includes the previously discussed group plan project, the opportunity corridor project designed to connect downtown cleveland and greater university circle area to the entire region resulting in the construction of a new 3-mile multi-modal boulevard with access to nearly 400 acres of vacant and underutilized land in the urban core that will be utilized for economic and business development as well as community and public space/amenity enhancements. The physical development team also works with its partners at the city of cleveland, cuyahoga county, the port of cleveland, northeast ohio regional sewer district, greater cleveland regional transit authority, northeast ohio area coordinating agency and ohio department of transportation together the build up greater cleveland infrastructure network.

Filer

EIN

34-0149250