Michael Deemer, President & CEO from The Downtown Cleveland Alliance spoke to Bill about a Downtown office tenant recommitting to DTCLE - What is the data telling us about the impact of ASW?
Big news this week from a Downtown office tenant recommitting to DTCLE.
- Benesch Recommitted to Downtown Cleveland- 8 Floors for Key Tower
- Navigating DTCLE’s recovery- Office tenants recommitting is a great sign
- Office workers returning to work- key Organizational priorities
- Impacts Income tax- funds city services
- Advocating for employers to bring employees safely back into the office as to not disrupt income tax base
- DCA generating a survey to track employees returning to the office
- Retail businesses continue to invest in Downtown Cleveland-
- Filter recently opened in Warehouse District ahead of ASW
- Hydration Spark grand opening last week- Minority owned/ immigrant owned
- In The Athlon- stop by and support
Starting to see some of the numbers roll in from ASW. What is the data telling us about the impact of ASW?
- NBA ASG and weekend festivities generated an estimated $100M for the Cleveland economy.
- According to Placer data- Nearly 430K visits to DTCLE over the course of the ASW
- LaRese Purnell and The Real Black Friday hosted vendors in Tower City, and vendors sold more than $630,000 of merchandise
- Major national events of this kind provide a huge boost to small businesses- shine national spotlight on our amazing city and build on a strong track record for hosting large-scale national events
- Building off of ASW heading into spring- we expect to see more business looking to invest in DTCLE
For more information or if you’re interested in relocating or expanding your business into Downtown, visit Downtown Cleveland.com