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11.6.07

Marc Lefkowitz  |  11/06/07 @ 1:49pm

  • Cuyahoga County Commissioners are officially accepting bids for the E. 9th and Euclid site that includes the Rotunda, Breuer Tower, historic 1010 Euclid building, the Huron and Prospect building and a parking garage (with $2 million annual income). They will not accept less than $35 million (which sounds like a good deal considering all the reuse potential with the existing buildings). Read more.
  • Anonymous Cleveland-area family donates $4 million to Oberlin College’s Environmental Studies department with $2.5 million going to a second endowed chair (the first is held by David Orr); $1 million dedicated to technological upgrades within the Adam Joseph Lewis Center for Environmental Studies; and $500,000 for environmental planning grants to be shared by the College and the City of Oberlin. "This will allow us to hire the best minds to address environmental issues and pursue energy conservation studies," adds Orr. Read more.
Cleveland’s efforts to help seven hotels come up with a green operations plan, may someday pay dividends like these: From Policy Matters Ohio:
  • Ohio's Advanced Energy Fund should be expanded and made permanent, according to Investing to Re-Energize Ohio. This fund generates just $5 million a year to encourage investments in sustainability, conservation, and alternative energy. Of the 18 states that have such funds, Ohio has one of the smallest, despite the state's large population and high energy use. Such state funds leverage three dollars in private investment for every dollar of public expenditures. The Akron Beacon Journal recently cited our report, saying "An Ohio determined to achieve the goal set by Ted Strickland, to be a national leader in clean energy technologies, must have a robust Advanced Energy Fund."
From Brookings Institution (via Tim Ferris):
  • Cleveland might rank as the poorest city in the nation, but because it has all the right elements of a thriving big city, it still accounts for a disproportionate share of economic activity, generating 22.5 percent of the state's gross domestic product even though it has only 18.5 percent of the state's population. Why? Metropolitan areas, which can include suburban and rural areas that surround cities, continue to be powerful forces, he says, because the knowledge-based economy thrives on access to large pools of educated workers, specialized legal and financial firms and institutions of higher learning. Innovative companies prefer being near clusters of similar firms, he says, because the closeness allows ideas to be shared rapidly.

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