Skoda Minotti is pleased to announce its expansion to downtown Cleveland. Skoda Minotti will lease approximately 10,000 square feet of office space on the eighth floor of the Fifth Third Center at 600 Superior Avenue. Occupancy is expected to begin in the fall with approximately 40 to 50 employees.
To support this growth, the Ohio Tax Credit Authority (TCA) approved a Job Creation Tax Credit for Skoda Minotti yesterday. The six-year, 1.2 percent tax credit paves the way for the creation of more than 20 full-time Skoda Minotti jobs in the city of Cleveland which are expected to generate $1 million in new annual payroll for the city.
“Our clients continue to rely on us as a key business partner to fuel their growth and success. As these client relationships expand, our firm continues to grow as a result,” said Gregory J. Skoda, chairman. “Our expansion into downtown Cleveland is a milestone for us—it puts our professionals within close proximity of many downtown clients, which helps us serve them more effectively; it strengthens our efforts to recruit and retain top talent; and it underscores our commitment to strengthening our region as a whole.”
Skoda Minotti worked closely in partnership with TeamNEO, Greater Cleveland Partnership and others to enable this growth. “As a region, Northeast Ohio is gaining momentum, thanks to partnerships among local organizations, businesses and government,” said Bill Koehler, Team NEO’s CEO. “Skoda Minotti’s expansion demonstrates what happens when organizations join forces to achieve success—Team NEO, JobsOhio, the Greater Cleveland Partnership and the city of Cleveland helped Skoda Minotti bring new jobs to the city of Cleveland, enhancing our strong professional services community.”
“The Greater Cleveland Partnership’s (GCP) relationship with Skoda Minotti spans nearly four decades,” said Joe Roman, President and CEO of the Greater Cleveland Partnership. “We know how important it is to retain and grow the businesses that call Greater Cleveland home. GCP looks forward to supporting the company’s operations for years to come.”
At Skoda Minotti, our mission is to Deliver on the Promise of being an integral contributor to our clients’ success. Visit www.skodaminotti.com to learn more.