Clefan98

I think you will be... SHW moving their training centers to downtown is absolutely huge, so I'm not sure why you're underestimating the need for spinoff developments. They will fill thousands of hotel nights each year that were currently staying in hotels located in the SW burbs and off 271 on the eastside.

No doubt

Here's an interesting project on tomorrow's Design Review agenda: It's a five-story building (an additional four stories) of apartments (20 units total) above the Ohio City Brew Stop beverage store at the corner of Woodbine and Fulton.

These would be newly created jobs over the next 5 years.

Love to see it: Rocket Mortgage eyes 700-job expansion in downtown Cleveland Rocket Mortgage, the mortgage giant formerly known as Quicken Loans, is eyeing an expansion that would bring 700 new jobs to downtown Cleveland over the next five years. The Detroit-based company already employs nearly 700 people at its Cleveland office, a mortgage banking hub tucked inside the Higbee Building just off Public Square. Local economic development officials have been working on an incentive package to double that headcount in a deal that would create more than $50 million in additional payroll and bring welcome investment to a central business district grappling with fallout from the pandemic. https://www.crainscleveland.com/real-estate/rocket-mortgage-eyes-700-job-expansion-downtown-cleveland

LOL I've considered it! I could easily get 10-12 neighbors to join the resistance @YABO713??

The head of the w47th Block Club is an attorney. I live right down the street from there and voiced my opinion in support so they kicked me out of the club, naturally. What a bunch NIMBY a-holes.

I should note the mural building has a deal in place with a local developer (hasn't transferred yet). They're waiting to see how the situation unfolds on w47th before proceeding.

w47th Last two parcels to go before Bridge Ave from w25 - w65th is fully built out. w48th

^w47th and Bridge Ave (southside) This development is headed to court because the BLOCK club has blocked it from happening.

^ Wait till the 2021 #'s are released...Another house on w57th (between Bridge & Franklin) just went pending at 550k.

Extremely impressed by Justin, let's get this guy elected!

The CBD loss was 70k in Q4, however it ended up at a net positive of 135k YTD.

https://www.cleveland.com/letters/2019/12/finally-cleveland-is-on-the-right-track-in-terms-of-population.html Clearly, new construction, the reuse of old buildings, and the demolition of worthless ones are paying off. Cleveland is on the right track. People will continue to move out (which is normal, just as people move from suburb to suburb), but probably within a few years movers-in will exceed movers-out. Then, after 70 years of loss, the corner finally will have been turned as growth takes hold. Thomas Bier, Cleveland Thomas Bier is a senior fellow at the Maxine Goodman Levin College of Urban Affairs at Cleveland State University.

Yawn...In reality, crime is up everywhere due to the stress of the pandemic and the economic toll it's brought upon. Fact is, prior to the anomaly of this year, violent crime had been trending downwards in Cleveland since the 90s.

You can mention it all you want without sounding so dramatic. Besides, who really worries about reputation except for clowns and those with insecurity issues? Interesting note: NYC's increase in homicides percentage-wise (38%) is actually greater than Cleveland's.

Crime is way up in all cities across the board. Cleveland's rise this year isn't unique, so chill out.

^ It's the same everywhere so quit acting like Cleveland is unique in this regard.... Columbus: https://www.dispatch.com/story/news/crime/2020/11/13/grim-milestone-columbus-passes-record-homicide-total/6058028002/ NYC: https://www.insider.com/murder-shooting-count-up-high-unchartered-waters-new-york-2020-10

So you're comparing the entire city to one neighborhood in Cincinnati? That's like comparing apples to elephants. The median income in my Cleveland neighborhood has increased over 34%, while the population has also increased.

Not by serious people. The numbers prove the city is losing less and less each year.

No large city will be raging by next summer. 0% chance. My friends on Broadway have said shows aren't returning until 2022, and that'll be with a limited audience. This article suggests normal tourism in 2025. https://www.google.com/amp/s/www.nytimes.com/2020/11/16/nyregion/nyc-tourism-covid.amp.html%3f0p19G=0232

Cleveland's essentially breaking even in terms of population as of today. The lower-middle class are still moving outwards and newcomers are only replacing them at the same pace. I've been in meetings with some of the top real estate minds in this town and the consensus seem to believe Cleveland's projected population gains should occur around 2023 or 2024.

10 years is optimistic. I hope it gets back to where it was before my time is up, but it's going to be a looong road back. The psychological effect the pandemic has had on hundreds of thousands (if not millions) can not be understated. Yes, some younger people are moving back because of decreases in rental rates, but that doesn't change the fact that there's never been this many empty units in NYC's history. Don't take my word for it: https://www.cnbc.com/2020/08/21/don-peebles-new-york-city-may-take-decade-to-recover-from-coronavirus.html

I had 10 leases come up between Jan 1 and July 1 and four were filled from NYC'ers specifically. Another one was from Arlington, VA and the other 4 were from within Ohio already.