Michael Deemer from The Downtown Cleveland Alliance spoke to Bill about Last week DCA released the 2020 Downtown Cleveland Annual Report - some of the highlights and how to access it
- Visit DowntownCleveland.com to view the report
- DCA Ambassadors make an impact.
- DCA’s Clean and Safe Ambassadors were declared essential workers.
- They remained on the job throughout 2020, providing over 20,000 assistance contacts, over 660 safety escorts, and removing trash, graffiti, and gum spots from the street.
- The office market holds steady.
- Downtown businesses remain committed to their office space. In 2020,53 businessessigned leases totalingover 740,000 square feet of office space.
- Downtown Cleveland added residents.
- 2020 brought us close to our goal of 20,000 downtown residents, as we ended the year with nearly 19,700 residents, up from 18,800 in 2019.
- Downtown development begets more development.
- In 2020, downtown completed$320 million in development. The best indicator of downtown’s trajectory is our strong portfolio of ongoing and planned investmentcontinuing in 2021 and beyond.
- This development spurs other projects, creating a virtuous cycle. For example, as they anticipate the groundbreaking of Sherwin-Williams’1-million-square-foot headquarters on Public Square, the Renaissance Hotel is planning a$20 million renovation
With so much happening Downtown despite the pandemic, what can we look forward to once we’ve come out of the pandemic?
As vaccines become more available, we anticipate more people returning to the office and things getting closer to normal.
- Downtown Cleveland’s ownWolstein Centerhas been chosen as a mass vaccination site. Opening on Wednesday, the site will facilitate6,000 vaccines per day.
- Progressive Field: Governor DeWinehas confirmed that the Cleveland Indians will be allowed to welcome fans to games this season at 30% of stadium capacity, with the potential to grow that capacity depending on case counts and the vaccine rollout.
- NFL Draft: Preparations continue for Downtown Cleveland to host theNFL Draft in April.
- Rock Hall Induction Ceremony:The 2021 Induction Ceremonycould draw its largest audience ever, as it will be held in Rocket Mortgage Fieldhouse for the first time. The ceremony is expected to generate an economic impact of over $30 million.
- Playhouse Square: TheBroadway Series will return this fall, with the program to be announced on April 7.
- Concerts:2020 is shaping up to be an“epic year for concerts,” according to Len Komoroski, DCA Board Member and CEO of the Cleveland Cavaliers and Rocket Mortgage Fieldhouse.
For more information on Downtown Cleveland, or if you’re thinking of relocating or expanding your business into Downtown Cleveland, visit DowntownCleveland.com