redi cincinnatithe baldwin 600’s location offers great accessibility to the regional workforce,...
Post on 15-Mar-2020
2 Views
Preview:
TRANSCRIPT
PREPARED FOR:Corporex
REDI Cincinnati | 3 East Fourth St. Cincinnati, OH 45202-3728 | (513) 562-8474 | info@REDICincinnati.com
REDI CINCINNATIREGIONAL ECONOMIC DEVELOPMENT INITIATIVE
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
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)
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
top related