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Cleveland Market Overview

Bonjour Kwon 2013. 11. 1. 21:05

Downtown Cleveland serves as the central business district for the region's local, national and international business. More than 148,000 employees make up the eighth leading downtown labor market in the nation.  Downtown Cleveland contains the largest concentration of office space of any downtown or suburban location in the State of Ohio, comprising 21 million SF.

 

Why Believe in Cleveland?

 

:: New York-based think tank, the Intelligent Community Forum, selected Cleveland as one of its seven finalists for the "Intelligent Community of the Year" award, the only city in the United States that was chosen

:: Intel named Cleveland a "Worldwide Digital Community" which will bring to the region around $12 million for use in marketing and expanding regional technology partnerships, creating a city-wide WiFi network, and developing a tech economy

:: Cleveland was named the "Most Livable City" in the United States by the Economist Intelligence Unit

:: Projects like the $216 million Euclid Corridor Project, the $258 million Cleveland Museum of Art expansion, the $120 million mall at Steelyard Commons, the $496 million Cleveland Clinic Heart Center and housing projects such as The $250 million Avenue District, the $100 million Battery Park development and the $240 million Flats East Bank Neighborhood make this an exciting time to be in Cleveland and there are an expected $3 billion dollars in city improvements over the next five years

 

Why Northeast Ohio? 

 

:: Northeast Ohio is home to a rich and diverse population of more than 4 million, a labor force of almost 2 million, and a gross regional product of more than $134 billion

:: Northeast Ohio is the 15th largest metropolitan market in the United States

:: The region is ranked 4th in the United States in logistics infrastructure according to Logistics Today

:: Northeast Ohio has the largest number of consumers within a 250 mile radius of any metropolitan market in the country

 

Cleveland Area Market Reports - available upon request.

 

For more information about Northeast Ohio, please visit these web sites:

 

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