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Cleveland Retail
Success Stories
June 20, 2013
Developing the vision
for your area
Mayor Jackson believes
that Cleveland needs to
be a place where people
can Live, Work and
Play.
Retail is an important part
of any community
Neighborhoods create a
Sense of Place
You need to
gather data to
understand your
neighborhood
and to
understand what
your residents
picture the
neighborhood to
be
Take Inventory
๏ฎ What do you have?
๏ฎ What is missing?
๏ฎ What will residents support?
๏ฎ Who can you partner with?
๏ฎ Are there low cost actions you can
take to move your area forward?
๏ฎ YOU HAVE HOMEWORK!
Successful Projects
๏ฎ Cleveland has had many neighborhoods
who have found their identity in recent
years- and despite the recession, have
positioned themselves for success
๏ฎ Each one took hard work and partnerships
๏ฎ Some are well-established, some are on
their way, some have recognized the need
to reinvent themselves
Uptown - Mixed Use
Case Westernโ€™s College Town
Phase I
โ€ข66,000 sf
retail
โ€ข102
Apartments
Phase II
โ€ขApartments,
student
housing,
Corner Alley
Garrett Square
Vacant Tops brings
back grocery,
clothing & more โ€“
success to build on
Residents needed
a grocery store
Ariel International Center
Sometimes the sheer will of just a few
people can make an impact to start a
vision forward
Steelyard Commons
We lost $1.3 billion in retail purchases to the
suburbs prior to Steelyards. Steelyards helps us
attract & retain residents and creates jobs.
PITCH SHEET ON WEBSITE:
๏ฎCleveland, Ohio, new regional market, untapped trade
area - no competition. "City [of Cleveland] residents in
2000 spent about $1.3 billion in retail purchases at
suburban stores, according to a recent study from
Oster Research Group of Iowa
๏ฎImmediate access to I-71 (115,950 VPD), SR 176
(68,800 VPD), I-490 (61,510 VPD), I-90, and I-77
(2004 traffic counts) Densely populated residential
trade area and enormous daytime employment base
๏ฎImmediate Trade Area - 320,812 people (34% of
these people have a household income over $50,000)
๏ฎExtensive secondary trade area
Market Garden Brewery
Ohio City- Clevelandโ€™s
Artisan Neighborhood
Ohio City
La Bamba Tortillerilla
Joy
Machines
Bike Shop
Why Cleveland?
๏ฎ Monster Ranked us 4th
in the Nation for finding a
job
๏ฎ Ohio City is 4th
in the World for Bar-hopping
๏ฎ Yahoo Travel Ranked us 4th
Most Visionary City in
the World for our Urban Farming Movement
๏ฎ Bloomberg News ranked us 17th
for best cities for
College grads to find a job (up from 28th
)
๏ฎ The Health Line (RTA) recognized as most
successful BRT in the nation
๏ฎ Cleveland ED Dept won the โ€œBest Community
Development Projectโ€ in the Nation award from the
National Development Council
City of Cleveland
Tracey Nichols
Director
Dept. of Economic
Development
(216) 664-3611
tnichols2@city.clevel
and.oh.us

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Urban Retail Solutions: Tracey A. Nichols:Cleveland Retail Success Stories

  • 1. Cleveland Retail Success Stories June 20, 2013 Developing the vision for your area
  • 2. Mayor Jackson believes that Cleveland needs to be a place where people can Live, Work and Play. Retail is an important part of any community
  • 3. Neighborhoods create a Sense of Place You need to gather data to understand your neighborhood and to understand what your residents picture the neighborhood to be
  • 4. Take Inventory ๏ฎ What do you have? ๏ฎ What is missing? ๏ฎ What will residents support? ๏ฎ Who can you partner with? ๏ฎ Are there low cost actions you can take to move your area forward? ๏ฎ YOU HAVE HOMEWORK!
  • 5. Successful Projects ๏ฎ Cleveland has had many neighborhoods who have found their identity in recent years- and despite the recession, have positioned themselves for success ๏ฎ Each one took hard work and partnerships ๏ฎ Some are well-established, some are on their way, some have recognized the need to reinvent themselves
  • 6. Uptown - Mixed Use Case Westernโ€™s College Town Phase I โ€ข66,000 sf retail โ€ข102 Apartments Phase II โ€ขApartments, student housing, Corner Alley
  • 7. Garrett Square Vacant Tops brings back grocery, clothing & more โ€“ success to build on Residents needed a grocery store
  • 8. Ariel International Center Sometimes the sheer will of just a few people can make an impact to start a vision forward
  • 9. Steelyard Commons We lost $1.3 billion in retail purchases to the suburbs prior to Steelyards. Steelyards helps us attract & retain residents and creates jobs. PITCH SHEET ON WEBSITE: ๏ฎCleveland, Ohio, new regional market, untapped trade area - no competition. "City [of Cleveland] residents in 2000 spent about $1.3 billion in retail purchases at suburban stores, according to a recent study from Oster Research Group of Iowa ๏ฎImmediate access to I-71 (115,950 VPD), SR 176 (68,800 VPD), I-490 (61,510 VPD), I-90, and I-77 (2004 traffic counts) Densely populated residential trade area and enormous daytime employment base ๏ฎImmediate Trade Area - 320,812 people (34% of these people have a household income over $50,000) ๏ฎExtensive secondary trade area
  • 10. Market Garden Brewery Ohio City- Clevelandโ€™s Artisan Neighborhood
  • 11. Ohio City La Bamba Tortillerilla Joy Machines Bike Shop
  • 12. Why Cleveland? ๏ฎ Monster Ranked us 4th in the Nation for finding a job ๏ฎ Ohio City is 4th in the World for Bar-hopping ๏ฎ Yahoo Travel Ranked us 4th Most Visionary City in the World for our Urban Farming Movement ๏ฎ Bloomberg News ranked us 17th for best cities for College grads to find a job (up from 28th ) ๏ฎ The Health Line (RTA) recognized as most successful BRT in the nation ๏ฎ Cleveland ED Dept won the โ€œBest Community Development Projectโ€ in the Nation award from the National Development Council
  • 13. City of Cleveland Tracey Nichols Director Dept. of Economic Development (216) 664-3611 tnichols2@city.clevel and.oh.us