Stay Informed on News and Policy

Every Monday -- News from GCP

Optimism about Cleveland’s future well-grounded in reality and results, even while challenges remain

A review of this past year on the economic development front includes highly visible signs of Cleveland’s ongoing positive momentum as well as an awareness of work that remains for sustainable economic progress.

At the 2015 Greater Cleveland Partnership Annual Meeting, GCP Board Chair Beth Mooney, chairman and CEO of KeyCorp, noted that the city is moving forward, propelled by a strong collaboration among stakeholders in the private and public sectors.

“The GCP priorities—helping drive the Cleveland Plan, ensuring success of the 2016 Republican National Convention, expand air carrier service at Hopkins Airport, developing the waterfront, completing the Opportunity Corridor, working with the county to deliver economic development outcomes and many more—are all feasible because of the strong public- private partnership we enjoy in this community,” said Mooney.

More from our Annual Meeting:
Countdown to the 2016 Republican National Convention

Remarks by keynote speaker Chuck Todd, NBC News Political Director and the moderator and managing editor of “Meet the Press,” included insights into the 2016 presidential campaign and voter apathy.

He commented that the candidate who best speaks to “economic anxiety” will get more traction and that there needs to be a massive focus on political reform that rebuilds trust.

Ensuring success of the convention

Working with the public sector, we continued to lead the effort to accelerate progress and community readiness to ensure that key physical development projects are completed on time. This includes the renovation of Public Square and the Convention Center hotel.

In addition, renovations and upgrades at Hopkins International Airport also are on schedule (see the air service summary below)

We also will be helping to recruit volunteers through targeted outreach to our members in 2016.

Wrapping up the year with government advocacy wins

In this week’s “GCP Insight” video, Greater Cleveland Partnership Senior Vice President of Advocacy Marty McGann talks about federal legislation passed last week that included significant wins for Greater Cleveland. Click to watch.

The GCP played a key advocacy role in working to secure important funding of or approval for:

NASA Glenn Research Center (GRC):
The Center had been threatened with a 10 percent cut–about $60 million—from in its fiscal year 2016 budget. The effort, led by Sen. Rob Portman and Rep. Dave Joyce, led to approval of GRC funding at the full level.

2016 Republican National Convention Security
: In the same legislation, the City of Cleveland received $50M to cover for expenses related to security for this high-profile event.

EB-5: The program, which connects overseas investors to Northeast Ohio physical development projects in Northeast Ohio, was extended through Sept. 2016. The GCP partners with Cleveland International Fund (CIF) which invests EB5 dollars in qualifying projects such as Phases 1 and 2 of Flats East Bank and the Westin Convention Center Hotel

New Market Tax Credits: Cleveland Development Advisors, the GCP’s real estate and business development finance affiliate, has been the recipient of funds that incentivizes private investment in downtown and Cleveland neighborhood physical development projects. The program was reauthorized for five years.

The ”GCP Insight” video series, hosted by Lesic and Camper Vice President Steve Luttner, focuses on topics of interest to the Greater Cleveland business community.

Other highlights of GCP 2015 advocacy agenda include:

New Public Policy Agenda released, outlining government advocacy focus for next two years: In early 2015, the Greater Cleveland Partnership released its new Public Policy Agenda that outlines areas where it will focus its attention on current and developing issues at the local, state and federal levels during the next two years.

November election outcomes mirror GCP’s position on four ballot issues

  • Issue 1, the redistricting proposal, passed with more than 70 percent of the vote.
  • Issue 2, an anti-monopoly amendment proposed by the Ohio General Assembly passed with just over 50 percent of the vote.
  • Issue 3, the Responsible Ohio led effort to change Ohio’s constitution to legalize medical and recreational marijuana was soundly rejected with 64.1 percent of voters opposing it.
  • Issue 8, the Cuyahoga County Arts & Culture Renewal Levy, enjoyed significant support from county residents, passing with nearly 75 percent of the vote.
Ohio House, Senate approve state budget with personal income tax cut. The budget spending plan maintains a 6.3 percent across-the-board personal income tax cut, further reduces taxes on small businesses, and eliminates earlier proposals to raise/expand the sales tax and Commercial Activities Tax.

Governor Kasich signs S.B.1 to protect Lake Erie and Ohio’s water quality. Highlights of the bill include restricting open lake disposal of dredge material; additional phosphorus monitoring at wastewater treatment facilities; and clear penalties for those who violate the law.

GCP opposes legislation that jeopardizes local hiring requirements.
The GCP also was active in successfully pushing for the elimination of a provision in the Senate version of HB 53 regarding local residency hiring on construction projects.

GCP applauds passage of Ohio’s charter school reform law. The GCP supported passage of the reform bill and successfully advocated for language on the Ohio Department of Education role in authorizing schools in Cleveland. The provision enhances the weight of the Cleveland Transformation Alliance review of proposed schools.

Seeking state support for Public Square. Watch our "GCP Insight" video about the accelerated time line for the $50 million Public Square renovation project so it will be ready in time for the 2016 Republican National Convention and the $3.5 million request to the State of Ohio to help close the 10 percent gap in funding.

Business, political leaders connect at GCP's Public Officials Reception. More than 550 Northeast Ohio business community leaders and elected officials attended the event on November 23 at Windows on the River.

Physical Development: Advancing game-changing projects

Through our real estate and business development finance affiliate Cleveland Development Advisors (CDA), we’re investing in catalytic projects that transform Cleveland neighborhoods. We’re also a lead advocate for Opportunity Corridor and the MetroHealth Transformation, which will revitalize their communities. Highlights from 2015 include:

$50M million federal award to CDA to spur economic growth in city by attracting private investment. The New Market Tax Credits (NMTC) dollars will be leveraged to help develop new catalytic projects in the city.

Downtown Heinen’s opens; CDA played pivotal financing role. CDA provided a $7 million NMTC allocation and $6 million in direct financing for The 9, a truly catalytic complex that also includes 194 apartment units, a 156-room luxury hotel, and 70,000 square feet of retail and commercial space as well as the Downtown Cleveland Alliance offices.

The supermarket provides a critical amenity to support the growing downtown population and completes the transformation of the vacant Ameritrust complex into a vibrant mixed use development. Click here or on the image to watch a video about the opening.

CDA provides financing for historic renovation in Warehouse District. The a $3.5 million loan bridges a portion of the Federal and Ohio historic tax credit equity for the $37.6 million historic renovation of the building formerly known as National Terminal Warehouse on West 10th Street.

CDA provides financing for residential project in Playhouse Square. A $4.5 million loan bridged the federal and Ohio historic tax credit equity and a $400,000 subordinate loan for the $17.7 million renovation of the building located at 1220 Huron.

Upon completion, Creswell Apartments (image right) will offer a mix of 80 one- and two-bedroom apartment units with 6,000 square feet of commercial space available for lease on the first floor.

GCP applauds approval of local funding for lakefront pedestrian bridge. Cleveland City Council and the Cuyahoga County Council finalized plans and allocated funding for the lakefront pedestrian bridge. This story says each entity has committed $10 million for the estimated $33 million project, which will provide greater connectivity from downtown to North Coast Harbor.

Operating grant approved for Opportunity Corridor Project office. The Fund for Our Economic Future last week approved a one-year operating grant of up to $50,000 for the Opportunity Corridor Project Office, which is housed at the GCP.

By collaborating with more than 70 active and engaged residents, businesses, institutions and agencies, the Opportunity Corridor Partnership is working to assure that the intended transformational economic and community development results are achieved, particularly for the adjacent neighborhoods of the Corridor, a planned $331 million, 3.5-mile roadway to connect the end of Interstate 490 to University Circle.

Driving business development with a focus on expansion

We enhanced retention and expansion outreach to Northeast Ohio companies to deliver even greater impact through our partner organizations and our award-winning Business Development Team. Highlights from 2015 include:

GCP business retention and expansion efforts help spur investment, job growth in the region. The Greater Cleveland Partnership's Business Development staff continued its outreach efforts in 2015, helping to spur investment and job creation in Northeast Ohio. Results include: completed 210 on-site calls to companies; managed and/or assisted in management of more 39 retention, expansion, attraction & real estate projects resulting in over 2000 new jobs, 3800 retained jobs, $61.4M of new payroll and $676M capital investment.

Completed projects include Lincoln Electric Welding Technology Center of Excellence, A-Brite Plating Manufacturing Phase III, Bendix (in partnership with Team Lorain) and Dealer Tire.

Public-private partnerships secure Lincoln Electric welding technology center project. The latest project was announced in November by the Lincoln Electric Company: the building of a Welding Technology Center on its Euclid, Ohio campus.

Scheduled to break ground in spring 2016, the Center will focus on training welding educators and industry leaders to address the rising demand for welding education and career pathways in welding and advanced manufacturing. It also will expand Lincoln’s local, national and global reach in its recognition as the global leader in welding education.

GCP business development efforts helped secure Nestle’s $50M R&D center for Solon. In July, Nestlé celebrated the grand opening of its new Nestle Research and Development center in Solon, marking the completion of a $50 million, two-year development project.

This marks the culmination of efforts by the GCP’s Business Development Team’s efforts, in partnership with the City of Solon, Cuyahoga County and JobsOhio, to work with Nestlé’s property management team to secure the research and development center for Solon.

AzkoNobel dedicates new R&D facility. The GCP's Business Development Team was on hand to help celebrate the December 1st ribbon-cutting for AkzoNobel's new Strongsville Technology Center.

A $14.3 billion company headquartered in Amsterdam, the Netherlands, AkzoNobel has had a long presence in Northeast Ohio focused on its performance coatings operations, indicative of the region's strengths in this business segment in terms of business investment, sales, supply chain and workforce capability.

The new Strongsville location performs R&D work and customer support in performance coatings that are used in packaging and metal coil coatings businesses worldwide.

Inclusion: Broadening CEO engagement, increasing construction workforce diversity, supporting growth of minority businesses

We accelerated efforts to broaden the Commission on Economic Inclusion’s membership and leadership base by providing GCP members with access to programming and a variety of diversity resources.

The Commission’s Construction Diversity and Inclusion initiative also continued to make progress in its work to increase the use of Minority Business Enterprises (MBEs) and Female Business Enterprises (FBEs) firms and workers on major construction projects in Greater Cleveland.

In addition, the Minority Business Development Agency (MBDA) Business Center Cleveland delivered impact in its work to support the growth of MBEs in Northeast Ohio and throughout the state. Highlights include:

The Commission offers new resources to increase member value. The Commission launched a LinkedIn group page where its members can post open positions for two weeks and encourage minority individuals to apply.

The Commission also created an online best practices repository with information on leadership and workforce diversity, metrics and measurement and strategy essentials.

Leadership Day program presented before an unprecedented audience of 60 CEOs. More than 170 CEOs and senior executives from 62 Commission-member organizations heard from leaders of organizations that are already capitalizing on the business value of inclusion and diversity.

The session kicked off with a dialogue between leaders of two Commission Hall of Fame organizations (photo right): GCP Partnership Executive Committee and Board members Eaton Chairman and CEO Alexander “Sandy” Cutler, Thomas Zenty III, chief executive officer, University Hospitals.

Twenty-six Northeast Ohio employers joined the Commission through CEO commitment. The Commission will begin working with these new members to advance their inclusion initiatives and increase diversity at the board, senior management, workforce and supplier levels.

Construction diversity pre-apprenticeship program graduates sixth class. The sixth PAT program, held at Cuyahoga Community College’s (Tri-C) Advanced Technology Training Center concluded in November with 13 students completing the course.

Milestone public-private collaboration agreement expands construction career opportunities for Max Hayes students. The City of Cleveland, the Cleveland Metropolitan School District (CMSD), union representatives and the private sector signed a milestone collaboration agreement aimed at increasing the number of diverse and City of Cleveland residents working on Greater Cleveland construction projects and facilitating a construction career path for students at the CMSD’s Max Hayes High School.

The new relationship among the construction collaboration stakeholders aligns with Max Hayes’ transformational goal to be among the country’s top career tech schools.

All parties also have underscored their support for community benefit agreements—including the paying of prevailing wages—as an important component of expanding the number of diverse and local workers.

Photos: Top left: Max Hayes High School alumnus Mayor Jackson talks with students from his alma mater prior to the press conference;(top right): CMSD CEO Eric Gordon; (bottom left): Dave Wondolowski, Cleveland Building and Construction Trades Council; and Eddie Taylor, co-chair, Commission on Economic Inclusion.

MBDA Cleveland earns “outstanding” performance rating. Wrapping up its fourth year of operation, the Minority Business Development Agency (MBDA) Cleveland Business Center earned an “outstanding” performance rating for the period from April 1, 2014 through September 30, 2015 from the national MBDA office at the U.S. Department of Commerce.

Statewide results for its work with Ohio MBEs include $101M in contract awards, $21M in capital awards, 845 jobs created and 1047 jobs retained.

Education reform: Helping to advance The Cleveland Plan
and support college and career readiness

Working with other stakeholders, we focused on providing all Cleveland students with high-quality public and charter school options and support initiatives that can prepare students for success in college and careers. Highlights include:

GCP affiliate receives $125K Cleveland Foundation grant to support workforce development program. The Economic Growth Foundation, a 501(c)(3) affiliate of the Greater Cleveland Partnership (GCP) has been awarded a $125,000 grant by the Cleveland Foundation to support the GCP’s new Pathway Partners program, which will connect the business community with education providers and students in developing Cleveland’s future workforce.

The Pathway Partners program will create a “one stop” physical and virtual destination to connect local students with internships and other out-of-school experiential learning opportunities through the GCP’s broad network of member businesses. In addition, Pathway Partners will provide employers experiential learning best practices and templates.

Pathway Partners also will partner with the Cleveland Metropolitan School District (CMSD) on a self-development and career exploration initiative called True2U, which will be phased in over three years to reach every CMSD eighth-grade student.

Discovering identity and a possible career path. True 2U a collaborative career exploration/volunteer mentoring program for 800 Cleveland Metropolitan School District (CMSD) eighth-graders was launched in September with a kickoff event at the Cleveland Metroparks Zoo.

The students’ day included interactive sessions with author of The New York Times best-seller “Teens Can Make It Happen: Nine Steps to Success” and nationally known motivational speaker Stedman Graham . The discussion focused on the importance of self-knowledge and self-esteem as the way to overcome peer pressure and daily stresses. The book is an integral part of the True2You curriculum.

True2U—created by the Cleveland Foundation’s youth development program, My Com, and the Cleveland Metropolitan School District (CMSD), provides CMSD eighth-graders with support to explore their purpose, identify their strengths and set personal goals for success. The GCP is the lead business partner for True2U and is coordinating the participation of more than 100 business professionals as volunteer mentors for the program.

Introducing Academies of Cleveland. Representatives from the Greater Cleveland business community, post-secondary educators, Cleveland Metropolitan School District (CMSD) teachers and administrators began discussions on how to create better alignment between the workforce needs of Greater Cleveland and the academic offerings of career technical education in (CMSD) high schools.

The group is exploring how to move forward with the Academies of Cleveland, an initiative created and implemented by a partnership of the CMSD, Cleveland Foundation, Greater Cleveland Partnership and Ford Next Generation Learning. The goal is to provide high quality academic and career options to students from five CMSD high schools that will lead to higher graduation rates and expanded opportunities for entering the world of work.

Save the Date! 2016 Cleveland Internship Summit on Feb. 10: The GCP and Cleveland State University summit will bring business community representatives and educators together to discuss how to increase and improve internship opportunities in Northeast Ohio.

Our program includes discussions on: The Changing World of Work: Aligning Faculty and Employers for Student Success; Learn from the Pros: How Employers Create and Maintain Successful Internship Programs; Engaging High School Interns: Tailoring Your Program for a Positive Experience; and Brain Gain Resources: Retaining Proven Talent in Our Region’s Companies.

More highlights

Other education news was related to progress realized through implementation of The Cleveland Plan, which was created to reinvent the city’s public school system. Highlights, include:

Cleveland school plan progress promising but should be accelerated, Alliance reports. Cleveland’s Plan for Transforming Schools, launched three years ago by civic leaders, is beginning to have a positive impact on education in the city’s district and charter schools, according to a new report by the Cleveland Transformation Alliance.

The Alliance, a voice for accountability and advocacy created as part of The Cleveland Plan, reports both progress and challenges on efforts to ensure all Cleveland children can attend quality schools.

GCP President and CEO Joe Roman, a member of the Alliance’s Advisory Board said in a story about the report: "We knew that it was going to take some time. This is the time now to really kick in that throttle and accelerate the progress."

Cleveland Plan progress: CMSD ranked high for academic growth. After more than a decade of flat and low results in national testing, the release of the National Assessment of Educational Progress’ (NAEP) Nation’s Report Card indicated a positive trend for the Cleveland Metropolitan School District (CMSD). The CMSD ranked near the top in academic growth when compared with 20 other large U.S. urban school districts in the 2015 assessment

“These promising results point to progress achieved through implementation of The Cleveland Plan, which is changing how the District operates,” said Greater Cleveland Partnership President and CEO Joe Roman. “Since the Plan’s objectives include growing the number of high-performing district and charter schools in Cleveland, this can be measured by the progress of students attending those schools.”

Middle-Market Initiative: Delivering value for a growing membership segment

The Greater Cleveland Partnership's Middle-Market Initiative provides resources and information to help create and sustain long-term success for Northeast Ohio's middle-market companies. This past year we presented a series of programs to spark ideas and provide connections to support these companies' growth strategies. Highlights from 2015 include:

Regulatory reforms needed to support middle-market growth. More than 70 middle-market CEOs attended the GCP’s luncheon and discussion on March 27 with Congressman Steve Stivers (OH-15), co-founder of the Congressional Caucus for Middle-Market Growth (photo right).

The Congressman’s comments included the importance of ensuring that government legislation and regulations do not inhibit the growth of middle-market companies, a topic also referenced in his recent Op-Ed column.

Greater Cleveland Middle-Market Forum keynote: Gen Y shaping our future. Ken Gronbach, a futurist and one of the nation’s leading demographers told more than 200 middle-market executives at the 2015 Greater Cleveland Middle-Market Forum that there will be a huge paradigm shift as Baby Boomers retire and members of Generation Y take their place in the workplace.

He said that the impact of Generation Y—those born between 1985 and 2004—a generation that is larger than that Baby Boomers—is causing a significant change in the U.S. economy and social outlook.

Middle-market CEOs share insights in Washington, D.C. Ten CEOs of middle-market businesses from around the country joined representatives from the National Center for the Middle Market and The Ohio State University Fisher College of Business in Washington, D.C. last month at a White House briefing to discuss issues of interest to middle-market companies.

The contingent included Greater Cleveland Partnership Board member Daryl Laisure, president and CEO of ZIN Technologies.

The group met with Administration officials, including Jerry Abramson, deputy assistant to the President and director of Intergovernmental Affairs. The discussion focused on several topics of importance to both the Administration and the middle-market representatives such as infrastructure, workforce development, budget and trade.


Middle-market CEO Forum: U.S. economy improving, but recovery lagging. Although the U.S. economy has improved since the recession, the recovery is still lagging, says Dr. Martin Regalia, the U.S. Chamber of Commerce’s senior vice president for economic and tax policy and chief economist.

Speaking to more than 75 middle-market CEOs at the GCP’s Fourth Quarter Middle-Market Forum last week, he described the economic picture as “glass half-full/glass half-empty.”

Half-full indicators include: Six years of steady growth, housing essentially recovered, financial sector recovered. Half-empty indicators include budget deficit still historically large and poised to increase, flat real wages; an business investment in equipment flat Y/Y.

An insider’s view: Economic impact huge as Cleveland hosts Rock Hall inductions. More than 100 Greater Cleveland Partnership members from middle-market companies heard an insider’s view of preparations to host the Rock and Roll Hall of Fame and Museum’s 2015 Induction Ceremony here in Cleveland later this month.

Rock Hall President and CEO Greg Harris and Alec Wightman, chairman of the Board of Trustees of Cleveland Rock and Roll, Inc., which operates the Rock Hall, spoke at the GCP’s “Ready to Rock” middle-market forum in April. They also discussed the economic impact for Cleveland that comes with hosting the event and related activities—which figures to be more than $15 million. In addition, it’s estimated that the media exposure can be valued at $50 million.

Expanding air carriers and service at Hopkins & Burke airports

The Greater Cleveland Partnership's Air Service Demand Task Force continued working with the city and Hopkins Airport to ensure that important nonstop markets are served. In 2015, several new or expanded service options were announced.

Launch of JetBlue service to Boston adds more options for CLE business travelers. JetBlue Airways’ launch of twice-daily service between Hopkins International Airport (CLE) and Boston Logan International Airport in March was the culmination of months of work by the Greater Cleveland Partnership’s Air Service Demand Task Force in collaboration with the City of Cleveland and CLE officials.

"This clearly was the carrier that we wanted here the most," said former GCP Board member Lee Thomas, who chairs the ASDTF. "It was really important to us to get them here."

JetBlue adds third nonstop flight from CLE to Boston. The additional daily nonstop flight from CLE to Boston Logan will begin May 5, 2016. The service will depart CLE at 6:20 a.m. and arrive in Boston at 8:07 a.m.

“This additional JetBlue service confirms that Cleveland continues to be a strong market for air travel,” said GCP President and CEO Joe Roman. “There are a lot of factors in play that result in more airline interest in Hopkins, including an improved airport, reduced costs, more traffic-generating assets, and, of course, customer demand.”

More nonstop service added at CLE. In December, Cleveland Hopkins International Airport (CLE) gained two new nonstop routes.

Southwest Airlines announced Dec. 8 that it will begin flying nonstop from CLE to St. Louis starting June 5, 2016. The flight departs CLE at 8:30 a.m. Eastern Time arriving in St. Louis at 9:05 a.m. Central Time. The return flight leaves St. Louis at 7:50 p.m. Central Time and arrives at CLE at 10:25 p.m. Eastern Time.

American Airlines will begin flying three times daily nonstop flights from CLE to Reagan National Airport (DCA) starting April 5, 2016. Service departs CLE at 6:25 a.m., 12:09 p.m. and 5:20 p.m. The return flights depart DCA at 10:15 a.m., 3:25 p.m. and 10:20 p.m.

Other air service news includes:

Renovations and upgrades at CLE; passenger traffic on the rise.
CLE’s $68M in renovations with key projects related to the Republican National Convention are on track for completion by May 2016.

The $24M terminal renovation continues to be on schedule and budget. CLE travelers will also begin to notice new finish upgrades to floors, walls, columns, as well as new signage and LED lighting to support the airport’s plan of reducing its carbon footprint.

Meanwhile, year-to-date total passengers were 6,769,603 up 336,416 or 5.23 percent from a year ago.

With Ultimate Air Shuttle flight to Cincinnati, scheduled air service returned to Burke. Scheduled air service returned to Burke Lakefront Airport in November, with a 45-minute flight to Cincinnati departing at 8:10 a.m.

GCP Investor member Ultimate Air Shuttle, a division of Ultimate JetCharters, is flying the twice-daily weekday route between Burke and Lunken Airport, about five miles east of downtown Cincinnati.

Port of Cleveland of Cleveland wraps up banner year in 2015

The Port of Cleveland is poised to become the global, green port on the Great Lakes, and 2015 was a banner year in achieving that vision.

Strategic investments made by the Port have produced visible results this year, and the Port experienced significant growth in maritime operations, built a community coalition around protecting Lake Erie and the Cuyahoga River, and continued to facilitate catalytic economic development by connecting businesses to capital markets.

The Port created the Cleveland Europe Express (CEE) in 2014 to provide the Northeast Ohio region direct maritime access to European markets. The CEE has grown rapidly in 2015, with ships calling in Cleveland at least twice monthly and the potential for weekly service in 2016.

To support this growth and provide even better service, the Port also secured over $6 million in grants and invested over $1 million of its own in new infrastructure and equipment on dock. The Port’s strategic investment in the Cleveland Europe Express (CEE) continued to produce tangible growth. Shipping containers moved through the Port’s docks increased by 500% from 2014, and overall tonnage was up by more than 300%.

Coalition building secures victories

The Port also scored major victories in its efforts to ensure that the Cuyahoga River remains open for business while keeping our local waters safe and clean. This included building a community coalition with federal, state, and local officials to oppose dumping of potentially contaminated sediment into the open waters of Lake Erie, and joining with the State of Ohio to prevent the US Army Corps of Engineers from such dumping.

The Port also implemented its sustainable sediment management plan – turning sediment dredged from the Cuyahoga into a commodity that can be sold to produce Port revenue rather than simply dumping the material into costly confined disposal facilities (CDFs).

The Port also continued to lead efforts to address the threat posed by the instability of Irish Town Bend along the Cuyahoga River – sponsoring a study that identified a feasible solutions and assembling partners and funding to get the job done.

In development finance, the Port connected hundreds of millions from the private capital markets for use in real estate and economic development projects throughout Cuyahoga County and Northeast Ohio. These included office towers, residential developments, medical care campuses, hotels & hospitality sites, schools and manufacturing facilities.

“We have made significant progress on all of our strategic focus areas in 2015,” said Port President and CEO Will Friedman. “We expect 2016 to produce similar results, and will be undertaking a strategic planning process to guide the Port’s future goals and vision so we can continue to drive our regional economy and sustain healthy, vibrant waterfronts.”