Economic Development
The City of Beachwood’s Economic Development Department drives the city’s innovation, growth, and prosperity. The department enhances the local economy through strategic leadership, partnerships, and forward-thinking initiatives. These efforts create new employment opportunities and foster an inclusive economic community where businesses of all sizes can thrive. Fueling Beachwood’s Growth and Innovation
Investing in Beachwood Recent investments made in the
community showcase the department’s success. Porsche Beachwood has unveiled a state-of-the-art 65,000-square-foot showroom and service area, marking a significant expansion of its dealership. This $30 million project not only reflects the dealership’s confidence in the Beachwood market but also brings 35 new jobs to the
State of the City - Beachwood, Ohio Similarly, Beachwood welcomed Millennium Control System’s new headquarters to Commerce Park. This automation solutions company has made a $2 million investment in building renovations and committed $6.5 million in new taxable payroll, generating substantial tax revenue for the city. With 60 employees relocating and plans to add 40-plus new jobs, Millennium’s presence enhances Beachwood’s reputation as a premier business destination. $8,500,000 In Projected New Taxable Payroll from 2024 Economic Development Projects 11 21 200 100 Grand Openings Female Entrepreneurs New Businesses Job Seekers 2024 Job Fair with 50 Employers 2024 Female Entrepreneur Summit city, further boosting the local economy. Skoda-Gordon Dentistry transformed a Tudor-style, underutilized building through site redevelopment, bringing a state-of-the-art medical and dental office to Beachwood.
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