Clefan98

Triv said it so it must be true though.

In Sicily they kill women and children. I happened to be there two years ago when three kids who had witnessed a mafia crime- were killed. This code is just window dressing.

Agreed on all points except there are a lot more families moving into OHC and Tremont than before. Go to Lincoln Park on a Saturday or Sunday and see all of the youth sports leagues and families out and about. Those families and leagues didn't exist when I rented in Tremont over 10yrs ago.

People are still searching for homes, but traffic on Zillow does not show more urbanites suddenly looking to move into suburban or rural areas. Nor are waves of home shoppers seeking to flee large cities for smaller ones. What's more, while current and prospective buyers in urban areas are most likely to say the coronavirus pandemic has affected where they want to live, 70% of the nearly 10,700 US adults we surveyed in April say they want to live in an area that is equally or even more urban than the neighborhood where they currently live. https://www.cnn.com/2020/05/22/perspectives/homeowners-renters-cities-zillow-coronavirus/index.html

True city-wide growth is projected to begin sometime between 2024 - 2030. It can be deceiving because we're seeing certain parts of the city grow faster than anywhere in the state of Ohio. The downside is there are still large sections of neighborhoods losing population, though at a slower rate. The growth should finally start to outweigh the loss in ~ 2026.

North Olmsted finance director discusses projected city losses due to economic downturn NORTH OLMSTED, Ohio -- The economic downtown due to COVID-19 is providing municipalities with an uncertain financial forecast as tax collection amounts decrease and ancillary revenue streams dwindle. For a snapshot of where the city is currently at and where it could be headed, Finance Director Carrie B. Copfer recently told city council that North Olmsted -- which is already $400,000 behind in net profits from last year -- expects to lose almost $1.8 million in the general fund from income tax collections. https://www.cleveland.com/community/2020/05/north-olmsted-finance-director-discusses-projected-city-losses-due-to-economic-downturn.html

I think the retail sector will have some of the longest term pandemic affects. I could see this having a devastating mark on suburban communities where retail jobs are clustered. These municipalities can expect lower collections in both income tax revenue (due to lost jobs), and sales tax (lower sales) - a double whammy. The suburbs were already severely overbuilt and I feel this Pier 1 announcement is just the beginning. Who is going to fill all of the gaps left behind? https://www.cbsnews.com/news/pier-1-close-all-540-stores/

Even that range might be a little low but that's just splitting hairs. What's happening on the other side both bridges will be a huge asset to downtown's recover over the next couple of years. I don't think anyone should expect an immediate bounce back but downtown Cleveland will be fine in the long term. And depending on leadership, maybe even better than fine.

When's the latest census data from? What some fail to understand is the amount of people moving into downtown and the nearby neighborhoods. The numbers and economics are changing very quickly, so be careful relying on out-dated data. That said, what we're seeing on the ground now will take at least 2-3 years to show up on future census estimate/projections. Look at the shear number of housing units going up in the Ohio city/flats/downtown area alone. Developers are putting up more units there than in the rest of the county...combined. When my friends from Brecksville visit they're blown away by the amount of construction and pedestrian activity they see in our neighborhood.

SHW's employees are heading back to their offices in June.

We were closing that office anyways however COVID sped up the timeline.

I can't find the stats by occupation, but only about 7.3% of the metro's workforce is located downtown. Only 1.8% of people living downtown also work downtown. Source: http://www.downtowncleveland.com/DCA/media/DCA_Media/2018-Housing-Demand-Analysis.pdf The reverse commute # is larger than people think, and the 87% figure was taken from 2015-2016. We know there's been a lot of affluent newcomers who've recently moved into downtown, OC and UC in the last 3-4 years. I bet that 87% has gone down some.

That would normally be true but since I am WFH on a permanent basis now, they were able to make the switch immediately.

Agreed, we do our weekly shopping there and it's been slammed on Sunday/Saturday mornings.

You're forgetting how many people now live in the city and WFH. My local taxes used to go Middleburg Hts but I've been placed on WFH status permanently so payroll changed my locality taxes to Cleveland. Also downtown Cleveland has a very small % of office workers in region. Something to think about...

I used to work in an office building in Middleburg Hts that had elevators too. Roughly only half of our employees would've had the ability to walk up 5 flights of stairs and make it to our office safely. So I don't see this is as solely being a high rise issue.

I'm in the same situation. My WFH currently benefits the city as well. It's amazing how many people forget the affects of reverse commuting and how it has amplified in recent years.

No kidding. These were all taken in Hingetown w/in 30 secs of each other. NY/NJ, Illinois and Mass plates EVERYWHERE.

Yeah, that sounds right. Toledo is a little powerhouse which makes me wish we had more posters from NW Ohio.

It's impressive that TransDigM jumed ahead 123 spots from 2019 to 2020.

Obviously everyone was taking their hydroxychloroquine with pints of Conway's.

That is correct. Wouldn't be surprised if Cleveland adds two Fortune 500's next year (Cliffs/AK) plus TransDigm Group at spot #513 could leap in.

Construction costs were 300M...The $400M figure was the overall project total..

Progress! http://www.portofcleveland.com/media/1451/05142020-draft-public.pdf

Totally agree. Everyone I know says it's their favorite spot to catch a summer concert.