News

Cleveland Clinic reported a $17.8 billion impact on the State of Ohio in 2016. Silverlode conducts economic and fiscal impacts for Cleveland Clinic every three years. The most recent study shows a 41% increase in economic output from the 2013 report. See a summary of Silverlode's economic and fiscal impact study here: A Vital Force in Ohio's Economy

Chicago's business leaders are eager to know if the next mayor will be as successful at working with companies as Rahm Emanuel has been, particularly within the tech industry. Dennis McAndrew speaks to the Chicago Tribune about the potential risk of leadership turnover, but says businesses are more focused on drivers such as the labor marketing, educational institutions, business partnerships, and transportation infrastructure.

We spend most of our time helping companies make location decisions.

But sometimes the places where our private sector clients decide to relocate or build ask us to bring more investment to their communities. Frankly, we love the occasional change of perspective and the chance to help communities grow.

The first time this happened was when one of our industrial clients relocated to the Village of Cuyahoga Heights, an inner-ring suburb of Cleveland. The Village asked us to consult on future economic and community development projects.

With the dramatic renovation of one of the handful of buildings along Superior Avenue now in its portfolio, GBX Group is poised to be a major player in the redevelopment of the Superior Arts District. In March, GBX acquired Silverlode Consulting, which moved a few blocks west on Superior into GBX's headquarters. GBX CEO Drew Sparacia said Silverlode, led by Dennis McAndrew, will allow GBX to expand its financing options.

The Texas Medical Center announced plans for a new medical research campus called TMC³. The project is a collaboration between the TMC, Baylor College of Medicine, Texas A&M University Health Science Center, University of Texas Health Science Center at Houston and University of Texas MD Anderson Cancer Center. Silverlode estimated the annual impact of the project to be $5.2B.