Advantage IQ to expand downtown Cincinnati presence 40%

The City of Cincinnati’s Economic Development Department is reporting that Advantage IQ will be expanding their Downtown presence over the next three years by 40 percent.

The company currently has its offices in The Center at 600 Vine and will add the additional capacity there where it already employs 75 people. Advantage IQ is headquartered out of Spokane, Washington and provides expense management services for multi-site businesses.

The expansion was made possible by a job creation tax credit from the City of Cincinnati and the Ohio Department of Development. City officials say that a $1.1 million return is expected for the City in terms of the revenues generated from the new and retained jobs.

By Randy A. Simes

Randy is an award-winning urban planner who founded UrbanCincy in May 2007. He grew up on Cincinnati’s west side in Covedale, and graduated from the University of Cincinnati’s nationally acclaimed School of Planning in June 2009. In addition to maintaining ownership and serving as the managing editor for UrbanCincy, Randy has worked professionally as a planning consultant throughout the United States, Korea and the Middle East. After brief stints in Atlanta and Chicago, he currently lives in the Daechi neighborhood of Seoul’s Gangnam district.