4 Benefits of Doing Business in Beachwood

We talked about why we love Independence, and now it’s time to talk about the benefits of business in Beachwood.

“Beachwood is home to nearly 3,000 companies and more than 25,000 employees. The community’s diverse business core includes Fortune 500 companies, international companies and entrepreneurs.” –Beachwoodohio.com

The King Group knows how great Beachwood is from experience – as our office is here. From it’s close proximity to major highways, to its’ extensive support systems for small businesses, Beachwood strives to support it’s local economy and values the businesses housed there.

1. Location, Location, Location

Beachwood’s Eastside location has a close proximity to major highways.

Beachwood has unbeatable highway access. From the Ohio Turnpike to Richmond Road (SR 175) Beachwood also encompasses: Chagrin Boulevard (SR 422), Interstate Routes 90, 480, and 271.

If you’re not driving around this eastern suburb, Beachwood provides access to the Blue and Green (railed) Line of the RTA System that runs from the suburbs into downtown. Also, there are the RTA bus systems that covers locations such as the airport, University Circle, the public libraries, and more!

2. Business Assistance Programs

  • Goldman Sachs 10,000 Small Businesses Program

According to The City of Beachwood Ohio there are many incentives to house your business in Beachwood. From a Job Creation Incentive Grant Program to Goldman Sachs 10,000 Small Businesses, there are strong arguments to open doors in Beachwood.

“The Goldman Sachs 10,000 Small Businesses Program is free of charge, 11-week business management program designed to help small business owners develop practical skills needed for growth.”

This program has some parameters: you must have been open for 2+ years, minimum of 4 employees, etc. To find out more visit www.tri-c.edu/10ksb

  • Job Incentive Grant Program

The Job Incentive Grant Program provides incentives to businesses opening or expanding to The City of Beachwood.

“The Job Creation Program provides a grant to companies that is based upon a percentage of the annual payroll withholding taxes generated by the full time jobs that are new to the City of Beachwood.”

The grant application is simple and easy to fill out. There’s no reason not to apply for this grant! Unless you don’t operate out of Beachwood, but we can fix that. Check out the grant here.

  • Assistance for Small Businesses, too!

Beachwood’s Small Business Assistance Program are tailored to our small business friends. One resource The City of Beachwood has pointed out is GrowNOW. GrowNOW enables small business owners up to a 3% interest rate reduction on new or existing small business loans. Learn more about resources for small businesses here.

3. Beachwood Keeps Busy

From The City of Beachwood we know that:

  • Beachwood is home to more than 2,500 companies with a collaborative 25,000+ employees.
  • Since 2009, Beachwood businesses have invested more than $700 million in improvements and new construction.
  • Every day, Beachwood attracts an estimated 100,000 people to work, shop and visit.
  • Beachwood was named the 4th Best Place to Start a Business in Ohio, according to NerdWallet.

Beachwood fosters a business conducive environment.

4. Fabulous Food and Shopping

Your clients and employees will love the amenities available to people who do business in Beachwood. The award-winning Giovanni’s Ristorante is located in one of The King Group’s properties – Chagrin Richmond Plaza. Other great restaurants include Shuhei, Hyde Park and Corky and Lenny’s. Beachwood Place Mall, the only Northeast Ohio shopping center with luxury department stores like Saks Fifth Avenue and Nordstrom, is located in town. Other shopping centers like Eton and the Moreland Hills Towne Center are located just miles aways in Woodmere and Moreland Hills.

 

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Whether you’re entertaining clients or need a break from the daily grind, Beachwood has everything a business owner would need. From entertainment to incentives, consider Beachwood for business.

The King Group’s Available Properties in Beachwood

25550 Chagrin Boulevard Beachwood, OH 44122

Chagrin Richmond Plaza
25550 Chagrin Boulevard, Beachwood, OH 44122

Parkway Medical Center 3609 – 3619 Park East Drive, Beachwood, Ohio 44122

Parkway Medical Center
3609 – 3619 Park East Drive, Beachwood, Ohio 44122

Pages from SIGNATURE SQUARE III

Signature Square III
Chagrin Blvd. and Richmond Rd

fullsizerenderContact our VP of Leasing and Tenant Relations, Julie White, for more information on any of these properties.

216-245-0689
jwhite@thekinggroup.com

5 Reasons to Root your Business in Independence

With the excitement of the NBA Championships and the exposure of the Republican National convention, 2016 will be remembered as the year that The Greater Cleveland Area enjoyed the national spotlight with other major US cities.

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For those of us who live and do business in Northeast Ohio, though, the excitement of our region is nothing new. The Cleveland Area is regionally called “Northeast Ohio” and is filled with four major cities and over a dozen counties. The region is home to many major industries and boasts a strong labor force and many exceptional companies.Right in the center of our sprawling region is the city of Independence. Neighboring Parma and Brecksville, and landing due-South of downtown Cleveland, the city is an incredibly popular spot for office space.

Here are a few reasons why:

1. It’s Cleveland’s Most Central spot.

Looking at the map of Northeast Ohio, (below), it’s easy to see that Independence lands right off of the area’s most central highways; Interstate 77 (NS) and Interstate 480 (WE). Because of this, businesses based in Independence can tap into talent from all over the region without having any issues with employees travelling to and from the office. To get to downtown Cleveland in 15 minutes and downtown Akron in 20, there are very few other areas with the accessibility of Independence.

2. Dining and Nightlife

Cleveland is known for it’s food and Independence boasts many of Cleveland’s great restaurants. Have a client coming in from out of town? From LockKeepers to Melt, Independence has a little bit of every kind food that Cleveland is known for.

Below is a map denoting the locations of restaurants in Independence. For an interactive map, click here.

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3. Variety

Regardless of industry, Independence is home to nearly every major industry in Northeast Ohio. From Manufacturing to service-based industries, there is a place for your business in Independence. Independence has focused resources on understanding the success of varying industries.

 

“The target industry analysis identified key sectors and industries for recruitment and retention in Independence based on the City’s relative competitiveness for these industries, their propensity to generate high-wage employment, regional and national growth prospects, opportunities provided for diversification in the local economy, and consistency with lifestyle attributes for Independence.”

Independence’s industry clusters include:

Administrative Services

Information Services

Health Care Services

Professional, Scientific and Technical Services

Tourism & Accommodation Services

Food & Beverage Manufacturing

Education Services

Here is more information on the key industry performed by the City of Independence.

4. Incentives

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The City of Independence makes doing business there easy.

According to the YourIndependence.org, Independence offers performance based incentives for businesses.

“Encouraging the creation of sustainable jobs is one of the key tenants of economic development. One way the City can encourage job creation is through performance-based incentives. Using job and payroll commitments provided by the company, the City may offer growing companies annual performance-based payments calculated as a percentage of annual municipal payroll withholding.”

Independence also offers relocation grants as well as price-reduction on land to facilitate economic development projects.

5. Designed for Business.

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“As the area’s most central location, Independence is packed with energy. The community is home to a variety of industries and the city offers cost-saving incentives for businesses to grow. Your employees and clients will love the access to your office, wider roads, ample retail space, events, and restaurants. I describe Independence as a clean, safe area with an abundance of amenities and good energy.

  • Julie White, VP of Leasing and Tenant Relations

 

 

 

Now that we’ve told you everything there is to know about why Independence rocks for business, check out some of The King Group’s listings in Independence:

Plaza 45 4500 Rockside Road Independence, OH 44131

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Rockside Square I 6155 Rockside Road Independence, OH 44131

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Rockside Square II 6133 Rockside Road Independence, OH 44131

For a complete list of our available properties, click here.