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September

GCP Chairmans Forum reviews strategic plan progress and next steps

Progress continues as the Greater Cleveland Partnership works to complete its new three-year strategic plan by the end of the year.

Last week, about 100 business leaders from GCP member companies heard an update on the plan’s current status and next steps from Board Chair Rick Chiricosta, chairman, president and CEO of Medical Mutual (photo right), and GCP President and CEO Joe Roman at the GCP Chairman's Forum.

The plan is shaping up around four areas of focus: Places with Impact; Talent that Fuels Growth; Driving Business Connectivity; and Environment to Start, Support, Scale, and Stay. Read more.

CDA provides financing for The Beacon

Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership, closed on a $5 million loan for Stark Enterprises’ new project, The Beacon.

The 20-story residential tower will be built on top of the garage located at 515 Euclid Avenue in downtown Cleveland. It will feature 187 one- and two-bedroom luxury units.

Building amenities include a rooftop party room, patio and dog park, plus a fitness room with a yoga studio.

The Beacon, which will open in 2019, will be the first high-rise residential building constructed in downtown Cleveland in decades. Read more.

GCP Board approves strategic plan

At their quarterly meeting last week, the Greater Cleveland Partnership Board of Directors provided preliminary approval of the GCP Strategic Plan.  Over the last 30 days, four task teams with representatives from member companies met to focus on prioritization of the various projects and initiatives within each of the strategic plan pillars:  Talent that Fuels Growth; Places with Impact; Driving Connectivity; and Environment to Support, Start, Scale and Stay.  Each group had the opportunity to hear from experts on the topics within each pillar and was tasked with identifying the most important areas of focus for the business community.  The results of this work were shared with the GCP Board for their review and support. Read more