Downtown Cleveland Alliance Update With CEO Michael Deemer - 3-21-24

Michael Deemer, President & CEO from The Downtown Cleveland Alliance spoke to Bill about Year In Review - Events in the Coming Weeks

Year In Review

• This week we released our 2023 Downtown Cleveland Economic Development Report revealing an impressive growth trajectory in the city’s core, outpacing its peer cities in Ohio and securing a top spot in the Great Lakes Region.
• The report highlights continued progress in Downtown Cleveland’s environment, economy, and the overall Downtown experience.
• We had a year-over-year rise in workforce recovery (126%), overall foot traffic (108%), and visitor recovery (102%).
• Other notable findings include:

 

• Investment Boost: More than $1.25 billion in ongoing projects and a staggering $4 billion in planned private and public investments demonstrate immense potential.

 

• National Recognition: Downtown Cleveland holds the top spot nationwide for the share of office space slated for conversion, highlighting why Downtown Cleveland is more strongly positioned than many other cities.

 

• Residential Growth: Downtown Cleveland’s residential population is 112% of pre-pandemic levels, now over 21,000, reflecting its appeal as a vibrant living space.

 

• Attractive Retail Scene: 2023 saw the addition of 33 new businesses, bolstering the retail landscape.

 

• This report can be found on our website, Downtowncleveland.com and all of our social pages

 

Events in the Coming Weeks

 

• The NCAA Women’s Final Four, and a host of family friendly activities arrives April 5-7
• A Total Solar Eclipse with Downtown Cleveland in path of totality occurs on April 8
  • Visit our blog for more information on the Eclipse
• The Cleveland Guardians Home Opener occurs on April 8
• The Cleveland International Film Festival runs from April 3 through April 13 in Playhouse Square
  • (CIFF48 Streams April 14th- 21st)

Come early and stay late. Support Downtown Cleveland’s many small businesses. Learn about Local Shopping, Public Transit and Parking Information, Dining Options, and Downtown Events on our website

 

Our role throughout these event-packed weeks is to create a Clean, Safe, and Welcoming Downtown and promote downtown’s many visitor amenities and unique small businesses. Downtown Ambassadors will be out providing directions, cleaning debris, and maintaining the crowds. Their services can be accessed at (216) 621-6000

For more information on Downtown Cleveland’s recovery, or if you’re interested in relocating or expanding your business into Downtown Cleveland, visit DowntownCleveland.com