CLEVELAND--(BUSINESS WIRE)--In 2014, the Center for Real Estate and Urban Analysis ranked Cleveland the 10th most walkable city in the United States. This compactness and walkability is a large reason the GOP chose Cleveland to host the 2016 Republican National Convention. It’s also why businesses and residents are flocking to the city’s core. With over $5.5 billion invested in Downtown Cleveland since 2009, this is only the beginning.
Downtown Cleveland is a city on the move, and people want to be a part of this growth. According to Joe Marinucci, president and CEO of Downtown Cleveland Alliance, “The occupancy rate in market-rate apartments is 97 percent, the demand for Downtown Class A office space is outpacing demand for suburban locations, and 5,500 jobs have been added Downtown in the past three years. We are taking on projects that support our growing population and businesses, including the $32 million renovation of Public Square and the addition of a pedestrian and bicycle bridge, which will connect downtown with the waterfront. Investments like these will expand the walkability of our Downtown core and continue to fuel our momentum.”
About Cleveland Plus
Cleveland Plus is Northeast Ohio’s 18-county business growth region with a $216 billion economy, 4 million people and 2 million workers. Learn why Cleveland Plus is an ideal location for business location and expansion.
About Team NEO
Team NEO is a regional, private-sector organization that markets the Cleveland Plus region to the world and collaborates with its partners and others to attract new businesses and help those that are here grow. Learn more about Team NEO.