Stay Informed on News and Policy
Destination Iceland: Two airlines announce new service
from CLE offering connections to Europe
Cleveland is continuing to demonstrate that it is a strong, viable air service market with last week’s announcement by two airlines that they will begin service from Hopkins International Airport (CLE) to Iceland with direct connections to many European destinations.
IcelandAir announced that it will launch four times weekly service from Reykjavik, Iceland’s capital city, starting in May 2018.
In addition, WOW air announced that it will launch four times a week service to Reykjavik that same month. Read more.
GCP remains strong supporter of The Q Transformation Plan
The Greater Cleveland Partnership remains a strong supporter of The Q Transformation Plan
. Maintaining and upgrading our civic assets like Quicken Loans Arena prolongs their useful life and enhances the impact they have in our community.
There is no doubt The Q provides an unmatched economic impact in Northeast Ohio. The facility has over a thousand events annually, bringing roughly 2 million people to the heart of our city. Read more.
CDA invests in new home for The Children’s Museum
Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership, provided an $8 million New Markets Tax Credit (NMTC) allocation for the new Children’s Museum of Cleveland (CMC).
CMC has acquired and is renovating the Stager Beckwith mansion on Euclid Avenue in MidTown, one of the last remaining mansions of Cleveland’s historic Millionaire’s Row. The three-acre property is conveniently located two blocks from I-90 and on the Healthline.
It will provide the museum a larger home complete with green space for an outdoor play area and ample parking. Read more.
Job Creation Tax Credit can apply to employees who work
When Governor Kasich signed the state budget bill into law, it included an important provision that would allow eligible employers applying for the Job Creation Tax Credit to count qualifying work from home employees in their job creation totals.
The provision also ensures that the benefit of an employer expanding in or locating in the state still has an advantage for Ohio by specifying that the new employees must reside here.
The GCP championed the inclusion of this provision in the state budget bill, as well as stand-alone legislation sponsored by Senator Matt Dolan and Representatives Tom Patton and Sarah LaTourette. Read more.