redi cincinnatithe baldwin 600’s location offers great accessibility to the regional workforce,...

4
PREPARED FOR: Corporex REDI Cincinnati | 3 East Fourth St. Cincinnati, OH 45202-3728 | (513) 562-8474 | [email protected] REDI CINCINNATI REGIONAL ECONOMIC DEVELOPMENT INITIATIVE

Upload: others

Post on 15-Mar-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: REDI CINCINNATIThe Baldwin 600’s location offers great accessibility to the regional workforce, with many white-collar professionals working within 45 minutes. Cincinnati MSA 25-min

PREPARED FOR:Corporex

REDI Cincinnati | 3 East Fourth St. Cincinnati, OH 45202-3728 | (513) 562-8474 | [email protected]

REDI CINCINNATIREGIONAL ECONOMIC DEVELOPMENT INITIATIVE

Page 2: REDI CINCINNATIThe Baldwin 600’s location offers great accessibility to the regional workforce, with many white-collar professionals working within 45 minutes. Cincinnati MSA 25-min

A DIVERSIFIED ECONOMY

The Cincinnati region represents a very diverse economy with strong clusters of industry in manufacturing, trade, and services. The diversification has also led to clustering of headquarters and shared service operations across a variety of industries. Moody’s industry Diversity Index ranked the region as #4 most diversified economy among nearly 400 U.S. metros and Ohio ranked #6 among states. A diverse economy has long been an indicator of stability, economic health, and prosperity. Ohio is also one of a handful of states with advantages in all five McKinsey Global Institute “Game Changers” report: shale energy, big data analytics, advanced manufacturing, infrastructure, and talent.

Cincinnati RegionFast Facts

CINCINNATI REGIONBALDWIN 600 BUILDING

REDICincinnati.com

2.2 million population

1.2 million workers

$134.7B gross regional product

450+ foreign firms

$64.0K median household income

Tech17,400 jobs2,098 firms

Financial Services

41,500 jobs2,247 firms

Advanced Manufacturing

116,400 jobs2,537 firms

Aerospace17,400 jobs145 firms

Automotive11,800 jobs

71 firms

Chemicalsand Plastics16,700 jobs271 firms

Biohealth13,400 jobs773 firms

Logistics andWarehousing

40,400 jobs1,346 firms

Food and Flavor17,000 jobs282 firms

Sources: EMSI 2019.3; Moody’s

Page 3: REDI CINCINNATIThe Baldwin 600’s location offers great accessibility to the regional workforce, with many white-collar professionals working within 45 minutes. Cincinnati MSA 25-min

CINCINNATI REGIONBALDWIN 600 BUILDING

REDI Cincinnati, 3 East Fourth Street, Suite 301, Cincinnati, OH 45202 REDICincinnati.com

IDEAL LOCATION

Located along I-71, 600 Baldwin has easy access to the highway, various bus connections, and a nearby bike share stop.

REGIONAL ACCESSIBILITY

Thanks to the region’s infrastructure, residents can get around the region easier and faster, as this location is able to draw workers from across state lines and throughout the entire Cincinnati region. Within a 25-minute drive time, you can access 800,000+ workers and an additional 300,000 within 45 minutes.

25,000+Workforce within a one-mile radius

of the Baldwin Building

24.7 minutesAverage commute

5 minutesDrive to the heart of downtown, which has more than 60,000 daily commuters

48%Percent of commuters coming from

outside of Hamilton County

DRIVE-TIME REACH

Baldwin 600 Building

25-minute drive-time

45-minute drive-time

Sources: On The Map (2017), EMSI (2019.3)

Page 4: REDI CINCINNATIThe Baldwin 600’s location offers great accessibility to the regional workforce, with many white-collar professionals working within 45 minutes. Cincinnati MSA 25-min

CINCINNATI REGIONBALDWIN 600 BUILDING

MEET THE NEIGHBORSThese Fortune companies are already in on the Cincinnati region’ssecret: exceptional talent, at an affordable price, located in an idealbusiness hub.

REDI Cincinnati, 3 East Fourth Street, Suite 301, Cincinnati, OH 45202 REDICincinnati.com

A ROBUST AND EXPERIENCED PROFESSIONAL PIPELINE

The Baldwin 600’s location offers great accessibility to the regional workforce, with many white-collar professionals working within 45 minutes.

Cincinnati MSA 25-min drive-time 45-min drive-time

Occupation (SOC code)Location Quotient

Median Wages

Jobs (2019) Jobs (2019)

Computer and information systems managers (11-3020)

1.09 $57.62 2,024 3,096

Logisticians (13-1080) 0.95 $32.85 879 1,293

Market research analysts and marketing specialists (13-1160)

1.22 $29.30 3,785 5,820

Financial analysts and advisors (13-2050)

1.23 $35.19 4,026 5,820

Computer and information analysts (15-1120)

1.34 $40.50 4,438 6,786

Database and systems administrators and network architects (15-1140)

0.98 $39.51 2,975 4,353

Computer support specialists (15-1150) 1.11 $24.23 4,715 6,877

Mechanical engineers (17-2140) 1.31 $40.99 1,497 2,779

Bookkeeping, accounting, and auditing clerks (43-3030)

0.99 $20.24 7,526 11,459

Source: EMSI 2019.3