Resolution 084-17RECORD OF RESOLUTIONS
Dayton Leqal Blank. Inc.. Form No. 30045
84-17
Resolution No.
Passed
A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE
AN AGREEMENT WITH METRO DATA CENTER FOR THE DUBLIN
ENTREPRENEURIAL CENTER AT 565 METRO PLACE SOUTH
20
WHEREAS, the Dublin Entrepreneurial Center CDEC"� is currently located in Suites
300, 190 and 180 on the third and first floors of 565 Metro Place South; and
WHEREAS, Metro Data Center CMDC'7 holds the master lease covering the DEC
suites; and
WHEREAS, Economic Development staff has spent several months evaluating the DEC
tenants, programs, offices and training spaces; and
WHEREAS, as a result of these investigations, Economic Development staff
recommends an extension of the City's contribution to MDC for the DEC suites at 565
Metro Place South; and
WHEREAS, the proposed Agreement with MDC carries a one-year term of January 1,
2018 through December 31, 2018.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, State of
Ohio,_ of the elected members concurring, that:
Section 1. The City Manager is hereby authorized to enter into an Agreement with
MDC in substantially the same form as the attached Exhibit A.
Section 2. This Resolution shall take effect and be in force upon passage in
accordance with Section 4.04(a) of the Revised Charter.
Pasted this, 1rr day of �OU��KJ�-1/ , 2017
yor — Pr$�idin4 C}fWr
ttest:
Clerk of Council
Office of the Cifty Manager
5200 Emerald Parkway* Dublin, OH 43017-1090
U` itv oto" Dubl in Phone,,, 614.410.4400 # Fax: 614.410.4490
coit
Too. Members of Dublin City Council
From:, Dana L. McDaniel, City Mana
Date: November 16, 2017
ke: Resolution 84-17 — Authorizing an Agreement with Metro Data Center for the -
Dublin Entrepreneurial Center at 565 Metro Place South
In late 2012, triggered by the building purchase by Ohio University, City Council authorized the
Dublin Entrepreneurial Center (DEC) relocation from 7003 Post Road to the third floor at 565 Metro
Place South. In 2015, the DEC expanded onto the first floor, adding more offices, cubicles and
training spaces. Today, the DEC covers 19,425 square feet at Metro Center,
Staff has been working on a space renewal agreement with Metro Data Center (MDC), which holds
the long-term master lease over the current DEC spaces. The proposed renewal agreements
(attached) for the first and third floor spaces, respectively, outline a total City contribution of
$270,000 per year for one year (2018) to MDC.
This cost per square foot breaks down to a City contribution of $13.90/SF,, and assists in keeping
85+ offices rentable at under -market value by essentially covering the lease expenses for the public
common spaces including the lobbies, five meeting rooms, the DEC Caf6, two large training rooms,
and other open spaces within the suites.
This renewal of a financial contribution represents no increase over the 2017 commitment.
Staff recommends approval of Resolution 84-17 as it supports Council's goals relative to creating
new businesses and jobs and promoting new partnerships and possibilities. Please contact Colleen
Gilger with any questions,
RESOLUTION 84-17
DUBLIN ENTREPRENEURIAL CENTER SPACE AGREEMENT— FIRST FLOOR
THAT Metro Data Center, LLC (Lessor)
HEREBY LEASES TO The City of Dublin Ohio (Lessee)
Premises commonly referred to as: See Exhibit "A" (Premises)
For the term of: One Year, 1/l/2018-12/31/2018
Commencing: January 1, 2018
A. Use and Occupancy: Said Premises are to be used and occupied for General Office
purposes. Lessor and Lessee agree that the Premises shall be provided and operated as
further enumerated in Exhibit A. Lessee agrees to pay said rent in the manner set forth
below; to use and occupy said Premises in a safe and careful manner and not to commit
or suffer waste therein; not to use said Premises for any unlawful purpose; to make no
alterations without written consent of Lessor; to save Lessor harmless by reason of loss
or damage to property and/or personal injury to any persons in or about said premises
occasioned by negligence of the Lessee and to maintain insurance policies in type and
amounts satisfactory to Lessor to accomplish such purpose; to assume sole responsibility
for all property of the Lessee used, stored or maintained upon the Premises.
B. Rent: Lessee shall pay to Landlord as rent for the Premises commencing on January 1,
2018 and continuing during the Term:
• Year 1 $99,126.54 (Monthly Rent Payment of $8,260.55)
The Rent shall be paid in twelve (12) monthly installments due on the 5`h of each month
in an amount equal to the Monthly Rent Payment as set forth herein.
C. Personal Property: All personal property placed in the rented Premises shall be at the
risk of the persons owning same, and in no event shall the Lessor be liable for the loss by
fire or otherwise to such property of the Lessee.
D. Operating Expenses: It is further agreed that the responsibility for utilities, maintenance
and operating expenses of the real estate shall be as follows:
*Lessee shall be responsible for any repairs and maintenance related to Lessee's use of the premises.
Interior Maintenance *
Lessor
Exterior & Common Area
Maintenance
Lessor
Interior Cleaning
Lessor
Electric
Lessor
Sewer & Water
Lessor
Grounds & Parking
Lessor
Gas
Lessor
Contents Insurance
Lessee
Building Insurance
Lessor
Liability Insurance
Lessor & Lessee
1
4i44s47vz
RESOLUTION 84-17
E. Default by Lessee: It is mutually agreed that if said rent or any part thereof be not paid
for five (5) days after becoming due and without demand therefor, or if said Lessee shall
fail to keep any of the other covenants of this lease, or abandon or vacate the premises,
or if proceedings in bankruptcy shall be instituted by or against Lessee, or a receiver or
trustee be appointed for his property, it shall be lawful for Lessor to re-enter said
Premises, repossess the same as in its first estate and thereupon this lease shall cease and
be void all without prejudice to Lessor's remedies at law.
F. Master Lease: Lessor and Lessee acknowledge and agree that for purposes of the Lease
Agreement between Two Metro Place Partners LLC, as landlord, and Lessor, as tenant,
dated November 21, 2011 (the "Master Lease"), that (a) Lessee is not a sublessee or
assignee, as those terms are used in the Master Lease, of the Leased Premises (as defined
in the Master Lease) or of Lessor's rights under the Master Lease; (b) this Lease shall
terminate upon the expiration or the earlier termination of the Master Lease in
accordance with its terms without notice to Lessee; provided, however, that Lessor shall
provide Lessee with notice if and to the extent that Lessor has prior notice of the
termination of the Master Lease; and (c) this Lease is subject and subordinate to the
Master Lease, including, without limitation, all Building Rules and Regulations (as defined
in the Master Lease) and any and all Superior Interests (as defined in the Master Lease).
2
4144s47v2
RESOLUTION 84-17
ACKNOWLEDGED & AGREED
This agreement shall be in full force and effect on this 1st day of January, 2018.
LESSOR: Metro Data Center, LLC
By:
Its:
Notice Address:
Metro Data Center, LLC
ATTN: Rob Kopp
565 Metro Place South
Columbus, Ohio 43017
4144s47vz
LESSEE: City of Dublin Ohio
By:
Dana McDaniel
Its: City Manager
Notice Address:
City of Dublin Ohio
5200 Emerald Parkway
Dublin, Ohio 43017
APPROVED ASTO FORM:
City of Dublin Law Director
CERTIFICATION OF FUNDS
I hereby certify that funds required to meet the
City's obligation, payment, or expenditure under
this Agreement of Lease have been lawfully
appropriated or authorized for such purpose and
are free from any obligation now outstanding.
Angel L. Mumma
Director of Finance
3
RESOLUTION 84-17
EXHIBIT A
Metro Data Center, LLC - Dublin Entrepreneurial Center
565 Metro Place South, First Floor
• Premises include 6,753 square feet of training, meeting and office spaces on the first floor of 565
Metro Place South.
• Signs:
o Signs to include branding of the DEC at the 1' Floor lobby.
o Digital Signage will include the Dublin Entrepreneurial Center's branding scheme.
• Suite Configuration::
o Space consists of 12 Office Spaces, Shared Services Area, Kitchenette, Small Meeting Room,
and Two Large Training Rooms.
• Additional First Floor Features:
o Lessor's Security System will be enabled within the entire space for additional security
features. This will include CCTV monitoring and recording services.
o Suite will be engineered with connectivity to the Lessor's Data Center facility, the Dublink
Network, the OARnet including Internet2, the GENI network, the OSU Super Computer
Networks and all other required networks, including the City of Dublin's 10OGB network.
• Metro Data Center Facilities Agreement — The term of MDC's Facilities Agreement with DEC tenants
will be 6 months, 12 months, or greater lease periods based on tenant evaluation. MDC agrees to
include a termination clause in such Facilities Agreement that permits the tenants to terminate the
Facilities Agreement after the completion of the first 6 months, with 60 days written notice.
• Lessor will provide administration for, collect, and retain all rent, sponsorship, and other income
from tenants of the Premises, in such amounts as mutually agreed upon by Lessor and Lessee.
• DEC Tenants will be required to establish a Facilities Agreement with Metro Data Center, LLC. City of
Dublin tax account information form also will be a required document.
• Any adjustments to the Annual Rate Schedule for office and cubicle leases must be mutually agreed
by Metro Data Center, LLC and the City of Dublin. Rental rates will be based upon the fair -market
value rates locally to Dublin Ohio.
• The rates will be established within the public-private partnership in an effort to further the
endeavors of the DEC and to support growth.
• Usage rates for meeting spaces may be established if mutually agreed upon by both parties. Hot
spot tenants may receive the least access and highest fees for meeting and training room access.
• All Facility Agreements and tax account information form between DEC tenants and MDC will be
made available to City staff upon agreement execution.
• City staff will be a decision maker with MDC staff on tenant acceptance and tenant renewal, to
ensure tenants are vetted properly and meet the mission of the DEC.
• Additional fees will be assessed for other value added services provided by the Lessor. These
services may include and are not limited to the follow: Dedicated Internet services, Printing, Coping,
Conference Phones, Video Conference Services and Enhanced Secretarial Services.
4
4144s47vz
RESOLUTION 84-17
DUBLIN ENTREPRENUERIAL CENTER SPACE AGREEMENT—THIRD FLOOR
THAT Metro Data Center, LLC (Lessor)
HEREBY LEASES TO The City of Dublin Ohio (Lessee)
Premises commonly referred to as: See "Exhibit A" (Premises)
For the term of: One Year, 1/l/2018-12/31/2018
Commencing: January 1, 2018
A. Use and Occupancy: Said Premises are to be used and occupied for General Office
purposes. Lessor and Lessee agree that the Premises shall be provided and operated as
further enumerated in Exhibit A. Lessee agrees to pay said rent in the manner set forth
below; to use and occupy said Premises in a safe and careful manner and not to commit
or suffer waste therein; not to use said Premises for any unlawful purpose; to make no
alterations without written consent of Lessor; to save Lessor harmless by reason of loss
or damage to property and/or personal injury to any persons in or about said premises
occasioned by negligence of the Lessee and to maintain insurance policies in type and
amounts satisfactory to Lessor to accomplish such purpose; to assume sole responsibility
for all property of the Lessee used, stored or maintained upon the Premises.
B. Rent: Lessee shall pay to Landlord as rent for the Premises commencing on January 1,
2018 and continuing during the Term:
• Year 1 $170,873.54 (Monthly Rent Payment of $14,239.46)
The Rent shall be paid in twelve (12) monthly installments due on the 5`h of each month
in an amount equal to the Monthly Rent Payment as set forth herein.
C. Personal Property: All personal property placed in the rented Premises shall be at the
risk of the persons owning same, and in no event shall the Lessor be liable for the loss by
fire or otherwise to such property of the Lessee.
D. Operating Expenses: It is further agreed that the responsibility for utilities, maintenance
and operating expenses of the real estate shall be as follows:
* Lessee shall be responsible for any repairs and maintenance related to Lessee's use of the premises
Interior Maintenance * Lessor
Exterior & Common Area
Maintenance
Lessor
Interior Cleaning Lessor
Electric
Lessor
Sewer & Water Lessor
Grounds & Parking
Lessor
Gas Lessor
Contents Insurance
Lessee
Building Insurance Lessor
Liability Insurance
Lessor & Lessee
1
4i44s47vz
RESOLUTION 84-17
E. Default by Lessee: It is mutually agreed that if said rent or any part thereof be not paid
for five (5) days after becoming due and without demand therefor, or if said Lessee shall
fail to keep any of the other covenants of this lease, or abandon or vacate the premises,
or if proceedings in bankruptcy shall be instituted by or against Lessee, or a receiver or
trustee be appointed for his property, it shall be lawful for Lessor to re-enter said
Premises, repossess the same as in its first estate and thereupon this lease shall cease and
be void all without prejudice to Lessor's remedies at law.
F. Master Lease: Lessor and Lessee acknowledge and agree that for purposes of the Lease
Agreement between Two Metro Place Partners LLC, as landlord, and Lessor, as tenant,
dated November 21, 2011 (the "Master Lease"), that (a) Lessee is not a sublessee or
assignee, as those terms are used in the Master Lease, of the Leased Premises (as defined
in the Master Lease) or of Lessor's rights under the Master Lease; (b) this Lease shall
terminate upon the expiration or the earlier termination of the Master Lease in
accordance with its terms without notice to Lessee; provided, however, that Lessor shall
provide Lessee with notice if and to the extent that Lessor has prior notice of the
termination of the Master Lease; and (c) this Lease is subject and subordinate to the
Master Lease, including, without limitation, all Building Rules and Regulations (as defined
in the Master Lease) and any and all Superior Interests (as defined in the Master Lease).
2
4144s47v2
RESOLUTION 84-17
ACKNOWLEDGED & AGREED
This agreement shall be in full force and effect on this 1st day of January, 2018.
LESSOR: Metro Data Center, LLC
By:
Its:
Notice Address:
Metro Data Center, LLC
ATTN: Niles C. Overly
565 Metro Place South
Columbus, Ohio 43017
Director of Finance
4144s47vz
LESSEE: City of Dublin Ohio
By:
Dana McDaniel
Its: City Manager
Notice Address:
City of Dublin Ohio
5200 Emerald Parkway
Dublin, Ohio 43017
APPROVED ASTO FORM:
City of Dublin Law Director
CERTIFICATION OF FUNDS
I hereby certify that funds required to meet the
City's obligation, payment, or expenditure under
this Agreement of Lease have been lawfully
appropriated or authorized for such purpose and
are free from any obligation now outstanding.
Angel L. Mumma
3
RESOLUTION 84-17
EXHIBIT A
Metro Data Center, LLC - Dublin Entrepreneurial Center
565 Metro Place South, Third Floor
• Premises include 12,672 square feet of training and office space immediately adjacent to a data
center.
• Signs: MDC will provide:
o Include branding of the DEC at the Street Level and 3`d Floor
• Third Floor Space Configuration
o Office Configuration, approx. 44 office spaces:
o Video Conference Room
o Board Room and Metro Conference Room, with shared kitchenette
o Copier area
o DEC Cafe
o Cafe conference room
o Cubicles (approx.19)
• Metro Data Center Facilities Agreement — The term of MDC's Facilities Agreement with DEC
tenants will be 6 months, 12 months, or greater lease periods based on tenant evaluation. MDC
agrees to include a termination clause in such Facilities Agreement that permits the tenants to
terminate the Facilities Agreement after the completion of the first 6 months, with 60 days
written notice.
• Lessor will provide administration for, collect, and retain all rent, sponsorship, and other income
from tenants of the Premises, in such amounts as mutually agreed upon by Lessor and Lessee.
• DEC Tenants will be required to establish a Facilities Agreement with Metro Data Center, LLC.
City of Dublin tax account information form also will be a required document.
• Any adjustments to the Annual Rate Schedule for office and cubicle leases must be mutually
agreed by Metro Data Center, LLC and the City of Dublin. Rental rates will be based upon the
fair -market value rates locally to Dublin Ohio.
• The rates will be established within the public-private partnership in an effort to further the
endeavors of the DEC and to support growth.
• Usage rates for meeting spaces may be established if mutually agreed upon by both parties. Hot
spot tenants may receive the least access and highest fees for meeting and training room
access.
• All Facility Agreements and tax account information form between DEC tenants and MDC will be
made available to City staff upon agreement execution.
• City staff will be a decision maker with MDC staff on tenant acceptance and tenant renewal, to
ensure tenants are vetted properly and meet the mission of the DEC.
4
4144s47vz
2017 DEC Tenants
1. Ability Professional Network: Recruiter for sales, business development and other
professionals.
2. AdaptaLogix: ERP consulting company focused on small biotech/ pharmaceutical companies.
3. All Lines Technology: A woman owned solutions provider that delivers cost effective, industry
standard IT solutions to our customers.
4. Armada: Provider of mitigation, prevention, preparedness, protection, response and recovery
solutions.
5. Arunum Technologies: Data management and analytics solution company building big data
capabilities, product and business process digitization, master data management and advanced
analytics.
6. Bear Environmental LLC: Full service environmental company that specializes in the
management of hazardous and non -hazardous industrial wastes.
7. Big Fish Local: Social Media, marketing and website design.
8. Blaeser Engineering Services Inc: Professional Manufacturers' Rep.
9. Bluestone Marketing: A design firm; and whether you need e-commerce integration, a custom
online web application, an intranet, or a simple static site, our team will work with you to
understand your company and provide solutions that are tailored to your needs.
10. BoothBooks: We create professional market management software for everyone. Flea Markets,
Farmers Markets, Craft Shows
11. Breakpoint Interactive: Exceptional digital media and photography services. Website designer
12. Centracomm: Our customers trust us to secure and manage their digital infrastructure across
the globe. We provide unique data analysis tools to help them make safer and smarter business
decisions.
13. Connectable Marketing: We specialize in small to medium-sized organizations who need help
improving their online presence. Our services include custom website design and development,
content marketing, digital marketing, social media marketing, search engine optimization, email
marketing, searching marketing, PPC advertising and brand design strategy.
14. Cropzilla: Developed by farmers for farmers. Our goal is to make the producer more profitable
on every level through our specialized farm and crop management software.
15. CypressTree Corp: Management consulting firm focused on strategic formulation and
implementation, organizational identity and leadership development.
16. Dot The I Creative LLC: Marketing, graphic design, website development.
17. Eco Chem: We make High Performance Clean Diesel, a highly refined commercial fuel that has
superior lubricating, stabilizing and cleansing properties that protect critical engine components
from the risks associated with poor quality, regular ULSD fuel.
18. EDMAP: Content strategy and logistics.
19. Elemental Fluid Technologies: Effective, sustainable, safe non -chemical water treatment
solutions; with renowned global expertise in the field of Copper Silver ionization.
20. Enalux: Provides vehicle owners with all of the necessary resources to put some extra cash in
their pocket by renting out their luxury vehicle(s). We also provide renters with the opportunity
to drive premier luxury vehicles at affordable rates.
21. Envision Promotions: A specialized marketing agency that grows companies through strategic
co -marketing partnerships.
22. Global IT: Delivers applications services, Infrastructure services, and Business Process
Outsourcing services globally through a combination of technology knowhow, domain and
process expertise.
23. Green Energy Village: Residential, commercial and utility scale solar sales.
24. Gym Guys- NBH Holdings: Our coaches focus on individualized one-on-one fitness, group
sessions, and corporate fitness.
25. Homeschool Navigator: A complete language arts curriculum, prepared by home school moms,
who are also certified teachers with advanced degrees in language arts instruction.
26. InsightETE: Software that gives you the ability to measure and troubleshoot IT system
performance on a granular level.
27. InSource Pro: Empowering people through the exactness and robustness of our next -level
software systems.
28. Insuraware: Provider of simple software products and related services to all who seek simplicity
and excellence in these areas.
29. IQ Solutions Group (IQSG): Provides Client Care and Managed Services with a specialized focus
on providing relevant and reliable IT Solutions, offering unique solutions in the areas of Video
Collaboration, Juniper Network Products, Cyber Security, Unified Communications, Networking,
Cloud Computing and Compliance, Wireless and Mobility, Data Center Infrastructure and
Contact Center.
30. JASCO: The Japan -America Society of Central Ohio is a membership association of Americans
and Japanese who desire to bring the communities together, promote goodwill through the
sharing of knowledge about Japan, and provide a forum for discussion regarding the Japan -U.S.
relationship.
31. Just Institute: Japanese Language Services
32. Key Technology: Technology firm working toeliminate your IT concerns, so you are better able
to focus on your business.
33. Rayitek: Chemical materials research office for a Chinese firm that manufactures plastics for
electronic circuitry.
34. Loquantur: We offer reliable, affordable phone systems for the small- to medium-sized
business.
35. Maquire Copywriting: Writing services.
36. Meisterheim Consulting: An information technology consulting business focused on providing
comprehensive IT solutions to a wide variety of technology projects and problems.
37. My Deliverables Team: A team of subject matter experts that prepare you for each of your
client meetings.
38. NOBIS Industrial: We have exclusive partnerships with manufacturers that empower us to
manage business in our region.
39. Ohio Translation Services: Provides superior language services for companies and individual
clients.
40. Parasol Media: We create compelling video content that can bridge the gap between you and
your customers, showing them who you are and what you stand for.
41. Patinformatics: Analyzing patent information to discover insights, relationships and trends.
42. Performance Management: Information Technology/Project Management Consulting Firm.
43. PGM TEK, USI -CEM: We partner with educational institutions to provide high-quality continuing
education and professional development for fresh graduates and working professionals.
44. Phoenix Access Transportation: We offer customer service and trusted transportation services
for the elderly, disabled or physically challenged in the Columbus area.
45. Press'pective: Professional writing, press relations & media consulting.
46. Rampart: A B213 technology company focused on mobile and web application design and
development, custom business application development, managed IT services, technical support
for business computer networks and devices, and all web hosting needs.
47. Ripple Life Care Planning: We help individuals and families who need professional, experienced
help by providing solutions to promote optimal health, independence and happiness in all
aspects of life.
48. RiskLens: Provider of cyber risk management software.
49. Salvato and Associates: Engineering Consultant
50. Shaper Edge Advantage LLC: Our clients learn very actionable strategies to sell more and sell
more easily, new ways to think about selling, and actually change their behavior and adopt new
habits that help them achieve more success.
51. Sankhya Solutions: We are a full service technology consulting firm providing services like
software package selection, Enterprise software implementation, project management and
software development.
52. Silokchem Inc.: A high-tech enterprise focused on R&D, production and sales of silicone
materials and high polymer products.
53. Simplicity Virtual: Remote and cloud technical support providing on-site support when
necessary.
54. Snowy Tree: Japanese language services and classes
55. Soothsayer: Helps companies leverage Artificial Intelligence, so that they can unearth the
unknown, optimize their business, and predict the future. We build massively customized,
license free analytic tools around our client's data and specific business problems.
56. Spiralight Group: Insurance Agents
57. Star Leasing: Star Leasing Company is the One Solution for all your semi -trailer needs. Rental,
leasing, maintenance, sales, and finance.
58. System CARE Inc.: We offer services to determine and support your business IT needs.
59. Tanaka and Company: We are experienced in all matters of accounting and taxation, IRS
problem resolution, estates and trusts, business formation, financial planning and investment,
real estate and business sales.
60. The Hofmeister Group: Executive and engineering staffing agency or boutique office
developer...
61. The Strategy Link: The Strategy Link helps guide businesses to determine what their best play is
for the China market and how to capitalize on that play.
62. Three Twelve Staffing: IT Staffing and Consulting
63. Triple G Interactive: We are a small team of interactive designers and developers helping our
clients stand out from their competitors online.
64. Unmanned Science: Miniaturization, wireless remote sensing and operation, autonomous
navigation and software controlled mechanisms have created multiple new possibilities to
operate in environments that were either dangerous or impossible for human beings.
65. Vivid Front: We Are a Strategic Digital Marketing, Web Design & Web Development Agency that
is focused on delivering results and revenue.
DUBLIN
ENTREPRENEURIAL
CENTER'
CREATE YOUR FUTURE."'
2017 Survey Data
THE DEC 4.15
3.113
AT A GLANCE 2.075
2017 Survey Results 1.038
0
40% -
30%
20%
10%
0%
5�
1
Age of Entrepreneurs
Do you do business with other DEC tentants?
No
44%
Yes
IV 56%
High school deg.
2%
Education Associate degree
r2%
Graduate degree
49%
Bachelor degree
47%
Ranked Services
A o,�P
�JS.� 55ey Q� o a a`ea er�5
DNI Gender
5%
Female
24%
Male
71%
Race 1 Ethnicity
Multi-ethnic
2% Asian 1 P.I.
20%
Black 1 A.A.
5%
White (Caucasian
73%
Place of Residence
Other
55%
Dublin
45%
2016
241A
Move -in Year
2009
3h
2010
3 % 2011
� Bh
2015
24h
2014
11%
2013
llh
2012
16h
Typical Employment and Contracts
1.45
�7
0.725
0.363
I
5
Business NAICS (36 reported)
Misc.
25%
Educational
8%
Information
14%
# of DEC Tenants
80
60
40
20
0
2009 2010 2011 2012 2013 2014 2015 2016
Prof, Sci, Tech
53%
2016 Gross Revenue (26 reported)
1,400,000
1,050,000
700,000
350,000
0
z
2016 Gross Revenue continued
Smallest: $ 0
Average: $ 264,000
Median: $175,000
Largest: $1,400,000
This measure does not include expenses and thus
is not a reflection of profitability.
Business NAICS continued
19 Professional, Scientific & Tech Serv.
5 Information
3 Educational Services
9 Miscellaneous
More than one third fit within the nontechnical
definition of "IT'
CoworkinglHotspot Space ($Im)
$350
$280
$210
$140
EE
$350
$280
$210
$140
$70
Dedicated Desk ($Im)
Comparison Cities*
Columbus
Cleveland
Charlotte
Pittsburgh
Indianapolis
*Coworking space and executive suite rentals
Core Services Provided by All
Office Space
Shared reception
Meeting Space
Wifi
Kitchenette
Mailbox
Locker Storage
Programming/Events
Informal Networking
DEC Tenant Rent
and Benefits
40%-60% Discount
The average DEC tenant rent is 50%
below market rates.
$2,000
$1,500
$1,000
$500
M
Dedicated Office ($Im)
Unique DEC Services
Data Center
Fiber Network
SBDC Events
REV1 Events
Sponsors/Advisors
Regular Catering
Formal Networking Events
Services Not at the DEC
Corporate Memberships
Day Passes
5-12 Day Passes
Fitness Membership
Outdoor workspace
Meeting space pass
"Cooler" Collaborative Space