Urban Studies and Planning Commons^™

Disruptive Growth Through Co-Working Industry: Economic Impact Of Potential Real Estate Market Intervention In Cleveland, Iryna Lendel, Merissa Piazza, Iryna Demko, Nick Zingale

All Maxine Goodman Levin School of Urban Affairs Publications

This report reviews the current state of the co-working industry and its potential for growth according to current supply-demand relationships as it relates to larger economic movements and to the regional market for Cleveland, Ohio, and the surrounding area. The report analyzes factors that influence co-working growth and uptake and projects the likely state of the industry in coming years. The report provides a comprehensive assessment of the nature and scope of co-working supply and demand and develops a typology that can identify benefits and approaches for distinct types of co-workers and co-working stakeholders.

Local Front Runners: Grids In The 4 Northeast Ohio Metropolitan Areas, Merissa Piazza, Iryna Demko, Iryna Lendel, Matthew B. Ellerbrock

All Maxine Goodman Levin School of Urban Affairs Publications

Northeast Ohio (NEO) is an 18-county region which encompasses four different Metropolitan Statistical Areas (MSAs); MSAs commonly refer to the labor market of a given area (for this study: the Akron MSA, the Canton-Massillon MSA, the Cleveland-Elyria MSA, a part of the Youngstown-Warren-Boardman, OH-PA MSA) and remaining rural counties (“non-MSA counties”). Within NEO, these four distinct metro areas have different industry structures. Investigating the internal dynamics of each region’s economic driver industries—what we call Groups of Regional Industry Drivers (GRIDs)—can inform local leaders and economic development practitioners of expanding and emerging industries to foster regional growth.

Economic trends in NEO …

Northeast Ohio Grids Monitor, Merissa Piazza

All Maxine Goodman Levin School of Urban Affairs Publications

Groups of Regional Industry Drivers (GRIDs) were identified in Northeast Ohio (NEO). GRIDs are wealth-creating industries that have a strong regional specialization, growing output, rising productivity, and local competitive advantage. Overall, the three identified GRIDs—Professional Services, Growing Legacy Manufacturing, and Oil and Gas—contributed nearly 40% ($90.4 billion) to NEO’s total output and employed 20% (369,054 people) of NEO workforce in 2018. This research provides an update on the performance of GRIDs economy focusing on 2017-18 changes and projections for 2019. Calculations in this monitor are based on the data from Moody's Analytics Economy.com.