November 08, 2006
A resurgence in Cleveland
New York Times, November 8, 2006
According to research by the Brookings Institution, the potential for high-wage job growth is less likely to be found in traditional downtowns than in districts like University Circle, areas referred to as "eds and meds" for their typical concentration of educational and medical institutions. There are ripples of commercial development activity as a result of collaboration among University Circles partners. Case Western Reserve University recently announced it was negotiating with MRN Ltd. and Zaremba Inc., two local developers, to turn a site of eight and a half acres into a mixed-use arts, retail and residential district. The $100 million project would produce more than 400,000 new square feet on Euclid Avenue, the main street that connects University Circle to downtown. "This is different in its orientation. Really this is a community project sponsored by Case and developed privately by a team," said Russell Berusch, vice president for commercial real estate at Case. Read article.
Posted by: Heidi Cool, November 8, 2006 10:01 AM | News Topics: Arts and Culture, Campus Life, New York Times
http://blog.case.edu/caseinthenews/2006/11/08/a_resurgence_in_cleveland
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