Cleveland is Revitalizing

Cleveland is Revitalizing

In 2014, the City of Cleveland experienced a revitalization of sorts. Is this a brief period of good luck or with this renaissance be sustainable? For the last 15-20 years the Cleveland area was essentially eroding; in fact, the population statistics (see census data listed below) are an indicator of the erosion.

Cleveland Population:
1980: 573,822
1990: 505,616
2000: 478,403
2010: 396,815
Source: http://en.wikipedia.org/wiki/Cleveland

In a September 30, 2014 article by Robert Smith of the Cleveland Plain Dealer entitled “Even the cool business people want to conference in Cleveland now”, Mr. Smith confirms that Cleveland is on the rebound, particularly with its hosting of many conferences, seminars and business related events. “The city is seeing a rush of business conferences & sales seminars, the kind of work-and-play gatherings that once landed elsewhere. It’s what happens when your town is the object of positive news & intrigue. We’re getting more calls from people, from other cities, interested in coming to Cleveland” said Joe Roman, the president of the Greater Cleveland Partnership.

What is helping Cleveland’s recovery?

  1. The Horseshoe Casino brought in an estimated $280 million last year. The recent voter approved project has created a draw to Cleveland that allows it to compete with the cities in neighboring states, which were ahead of Ohio in implementing gambling.
  2. Global Center for Health Innovation is part of a new convention center focused on attracting medical/healthcare events. The Cleveland Clinic is a world leader in healthcare and the University Hospital System is also located here.
  3. Cleveland’s Mayor, Frank Jackson, has used his leverage in working with Ohio Governor John Kasich despite the fact that Jackson is a democrat and Kasich is a Republican. It is reported that the plan they developed to improve Cleveland’s schools and according to Cleveland.com “In Gov. John Kasich’s capital improvement plan nearly $65 million is targeted at Cuyahoga County. More than a third of that to Cleveland State University and Cuyahoga Community College. Projects that would benefit museums and Greater Cleveland’s cultural assets. Among those: $2.5 million for the Cleveland Museum of Natural History, $2 million for the Cleveland Museum of Art, $1.5 million for Playhouse Square’s Ohio Theatre, $1.5 million for work at Severance Hall, $1.1 million for the Rock and Roll Hall of Fame and Museum and $1 million for Gordon Square Arts District. Projects to improve parks and the lakefront in Cuyahoga County, including $5 million for the city of Cleveland’s Lakefront Access Project with its walkway to connect downtown to the lake, $3.5 million for the Flats East Gateway & Riverfront Park and nearly $5.4 million for work at Edgewater Marina.” It is refreshing to see bi-partisan work between the Governor and Mayor Jackson.

4.  The return of LeBron James to the Cleveland Cavaliers and drafting of Johnny Manziel  (aka “Johnny Football”) has energized ticket sales & anticipated revenue for the city.

5. The next RNC (Republican National Convention) was awarded to Cleveland. The city has positioned itself to compete for hosting events of this size by meeting the requirements needed by attracting many new hotels and improving it venues available to host big conferences.

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