Enlarge John Kuntz, The Plain Dealer Construction continues at the site of the Cleveland Medical Mart & Convention Center on Thursday. The $465 million project, scheduled to open in late 2013, is one of several big-ticket developments bringing attention to downtown Cleveland. The prospect of increased convention traffic has prompted a hotel renovation and construction race downtown, as developers jostle to see who can find financing first to remake dilapidated hotels or revive historic buildings as a hospitality project. A billion dollars’ worth of projects in Cleveland gallery (10 photos)
After decades of complacency followed by years of playing catch-up, Cleveland finally has the potential to stride forward.
At least that’s how Joe Roman, head of the region’s chamber of commerce, sees things. Admittedly a booster, Roman still acknowledges the city’s challenges — a shrinking population, high unemployment and the scars of years of residential and corporate flight to the suburbs.
But with big-ticket projects popping up downtown and in University Circle, the repositioning of Midtown as a possible health-technology corridor, major investments by Cleveland’s hospitals and expansions of homegrown business from Miceli Dairy Products to Great Lakes Brewing Co., he sees Cleveland at a turning point — one where detailed planning and public investment are finally bringing more private dollars to play.
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