Regional Economy
With affordable housing stock, easy access to amenities and a friendly atmosphere for artists and entrepreneurs, the Moreland district in Shaker Heights is a tiny grid of streets that's poised to take off.
Fresh Water updates five major development projects that will prove to conventioneers this July that Cleveland is a city on the move.
Fresh Water contributor Kim Palmer offers up a perfect slice of Cleveland as she gives you an insider's tour of her corner of the world: Detroit Shoreway.
The Greater Cleveland Regional Transit Authority (RTA) is making progress on a new rapid station set for the site of the current station at 2830 E. 34th St. A community meeting to discuss the proposed improvements will take place tonight at 6 p.m. at Cuyahoga Community College's Metro Campus Student Center.
The preliminary design for the $7.5 million project was shown to RTA's board of trustees on March 1, while an updated station design proposal was completed earlier this month. The new station, which like its current iteration on East 34th Street, will serve all three rapid lines, and be upgraded with better lighting and ADA-compliant features.
Attendees of tonight's get-together will see the same design concept presented to board members, says Mike Schipper, RTA assistant general manager of engineering.
"Our next step is to get feedback from the public," says Schipper.
The plan's design phase will wrap by December, when RTA also expects to begin the construction bidding process. Work is scheduled to start next spring and will take a year to complete, officials say.
Plans for the new station include relocating the main entrance to the intersection of East 34th Street and Broadway Avenue, a space which will also offer a covered waiting area for riders, says Schipper. New LED lighting and a disabled-accessible ramp are among the project's other highlights.
Though close to Tri-C's metro campus, the East 34th Street station currently does not get much use, Schipper says. However, thanks in part to the advocacy of Campus District stakeholders, RTA agreed to design and build a new facility instead of closing it altogether.
The district's community development group has committed to work with RTA after the new station is finished to promote increased ridership. Proximity to Tri-C as well as special rates for students could give those figures an additional boost.
"We hope as we rebuild the station Tri-C will engage surrounding businesses and the Campus District as a whole," says Schipper, adding that a built-out rapid facility can also compliment a community that's undergone heavy development in recent years.
"This is our investment in the area," says Schipper. "We look forward to growing with the neighborhood."
The preliminary design for the $7.5 million project was shown to RTA's board of trustees on March 1, while an updated station design proposal was completed earlier this month. The new station, which like its current iteration on East 34th Street, will serve all three rapid lines, and be upgraded with better lighting and ADA-compliant features.
Attendees of tonight's get-together will see the same design concept presented to board members, says Mike Schipper, RTA assistant general manager of engineering.
"Our next step is to get feedback from the public," says Schipper.
The plan's design phase will wrap by December, when RTA also expects to begin the construction bidding process. Work is scheduled to start next spring and will take a year to complete, officials say.
Plans for the new station include relocating the main entrance to the intersection of East 34th Street and Broadway Avenue, a space which will also offer a covered waiting area for riders, says Schipper. New LED lighting and a disabled-accessible ramp are among the project's other highlights.
Though close to Tri-C's metro campus, the East 34th Street station currently does not get much use, Schipper says. However, thanks in part to the advocacy of Campus District stakeholders, RTA agreed to design and build a new facility instead of closing it altogether.
The district's community development group has committed to work with RTA after the new station is finished to promote increased ridership. Proximity to Tri-C as well as special rates for students could give those figures an additional boost.
"We hope as we rebuild the station Tri-C will engage surrounding businesses and the Campus District as a whole," says Schipper, adding that a built-out rapid facility can also compliment a community that's undergone heavy development in recent years.
"This is our investment in the area," says Schipper. "We look forward to growing with the neighborhood."
The Cavs once again made it to the NBA Playoffs and this morning the schedule was announced for the first round against the Detroit Pistons.
To celebrate the accomplishment and to rally the city, the Cavaliers today began decorating the Cleveland landmarks – starting with Quicken Loans Arena – with banners and signs with boasting “#ALLIN216,” referring to the motto “All In to 16,” the number of wins needed to win the championship.
A full window wrap is being installed on the north and west sides of the building, including the front window. Banners are being placed on each arena bridge one on the bridge that connects The Q to Gateway east garage and one on the north bridge that connects to JACK Casino Cleveland’s Collection Auto Group Centre parking lot. Additional banners on the east and west side of the arena are also being flown.
After the signage is in place at the Q banners will then be hoisted all over town, many local businesses are also hanging banners with the motto.
“There’s so much signage going up in the next week or so,” says Tracy Mare, Cavs chief marketing officer. “Definitely fans will see it throughout the city.”
Cavs team representatives urge other businesses and individuals alike to also show their support. Last year, Marek says many residents painted their front lawns or put up their own signs to show support for the Cavs.
“We encourage all of Cleveland to recognize this as one more moment to show just how great Cleveland is, and to showcase our community,” Marek says. “Our playoff run provides an opportunity to look at the city with a different lens.”
Even if you don’t have a ticket to the home games or when the Cavs are on the road, there are plenty of ways to get in on the excitement. Marek says they will host watch parties and pre-game entertainment outside the Q, complete with food trucks, beer, live music and the Cav entertainment team for several hours before the games.
“There are so many more ways for people to get involved,” she says. “Even if you don’t have a ticket to the game, come on down. It’s an outdoor fun fest. Downtown Cleveland’s a great place to be.”
For a full Cavs playoff schedule and a rundown of activities, visit the Cavs Fan Guide.
To celebrate the accomplishment and to rally the city, the Cavaliers today began decorating the Cleveland landmarks – starting with Quicken Loans Arena – with banners and signs with boasting “#ALLIN216,” referring to the motto “All In to 16,” the number of wins needed to win the championship.
A full window wrap is being installed on the north and west sides of the building, including the front window. Banners are being placed on each arena bridge one on the bridge that connects The Q to Gateway east garage and one on the north bridge that connects to JACK Casino Cleveland’s Collection Auto Group Centre parking lot. Additional banners on the east and west side of the arena are also being flown.
After the signage is in place at the Q banners will then be hoisted all over town, many local businesses are also hanging banners with the motto.
“There’s so much signage going up in the next week or so,” says Tracy Mare, Cavs chief marketing officer. “Definitely fans will see it throughout the city.”
Cavs team representatives urge other businesses and individuals alike to also show their support. Last year, Marek says many residents painted their front lawns or put up their own signs to show support for the Cavs.
“We encourage all of Cleveland to recognize this as one more moment to show just how great Cleveland is, and to showcase our community,” Marek says. “Our playoff run provides an opportunity to look at the city with a different lens.”
Even if you don’t have a ticket to the home games or when the Cavs are on the road, there are plenty of ways to get in on the excitement. Marek says they will host watch parties and pre-game entertainment outside the Q, complete with food trucks, beer, live music and the Cav entertainment team for several hours before the games.
“There are so many more ways for people to get involved,” she says. “Even if you don’t have a ticket to the game, come on down. It’s an outdoor fun fest. Downtown Cleveland’s a great place to be.”
For a full Cavs playoff schedule and a rundown of activities, visit the Cavs Fan Guide.
A whirlwind tour of Cleveland with zip lines, sailboats, and bicycles; uptown, downtown and midtown - all packed into a wee two and a half minutes!
The members of the Fund for Our Economic Future (the Fund), a philanthropic collaboration, have approved $3 million in funding to advance business development and job creation in Northeast Ohio, with the end goal of growing the regional economy so that all people benefit.
The recipients include:
Team NEO: a one-year award of up to $650,000 to support the advancement of a shared, regional economic competitiveness strategy, business development and economic research.
BioEnterprise: a two-year award of up to $800,000 to support its efforts to grow the bioscience cluster.
MAGNET: a two-year award of up to $900,000 for its PRISM initiative to help mid-size manufacturers with high-growth potential innovate and prosper.
JumpStart: a two-year award of up to $500,000 for its Scaleup Initiative to support high-growth potential companies; and a one-year award of up to $150,000 to support its startup network.
Get all the details on this announcement here.
The recipients include:
Team NEO: a one-year award of up to $650,000 to support the advancement of a shared, regional economic competitiveness strategy, business development and economic research.
BioEnterprise: a two-year award of up to $800,000 to support its efforts to grow the bioscience cluster.
MAGNET: a two-year award of up to $900,000 for its PRISM initiative to help mid-size manufacturers with high-growth potential innovate and prosper.
JumpStart: a two-year award of up to $500,000 for its Scaleup Initiative to support high-growth potential companies; and a one-year award of up to $150,000 to support its startup network.
Get all the details on this announcement here.
According to online mortgage resource HSH.com, a homeowner must earn $32,523 in order to own a home in Cleveland. The only city with a lower threshold was Pittsburgh, for which the figure was $31,134. The highest must-earn income for home ownership was $147,996 for San Francisco.
From HSH.com:
"HSH.com took the National Association of Realtors’ (NAR) 2015 fourth-quarter data for median-home prices and HSH.com’s 2015 fourth-quarter average interest rate for 30-year, fixed-rate mortgages to determine how much of your salary it would take to afford the base cost of owning a home - the principal, interest, taxes and insurance - in 27 metro areas.
We used standard 28 percent "front-end" debt ratios and a 20 percent down payment subtracted from the NAR’s median-home-price data to arrive at our figures. We've incorporated available information on property taxes and homeowner’s insurance costs to more accurately reflect the income needed in a given market."
Get all the details here.
From HSH.com:
"HSH.com took the National Association of Realtors’ (NAR) 2015 fourth-quarter data for median-home prices and HSH.com’s 2015 fourth-quarter average interest rate for 30-year, fixed-rate mortgages to determine how much of your salary it would take to afford the base cost of owning a home - the principal, interest, taxes and insurance - in 27 metro areas.
We used standard 28 percent "front-end" debt ratios and a 20 percent down payment subtracted from the NAR’s median-home-price data to arrive at our figures. We've incorporated available information on property taxes and homeowner’s insurance costs to more accurately reflect the income needed in a given market."
Get all the details here.