Downtown Cleveland is experiencing a population rebound according to Richard Florida, Senior Editor at The Atlantic.
Florida quotes in a Case Western's Center on Urban Poverty and Community Development study: “Over the last two decades, the [downtown] neighborhood's population grew 96%, with residential totals increasing from 4,651 to 9,098. It was the single largest spike of any neighborhood, suburb, or county measured for the two decades under study. Downtown residential occupancy rates now stand over 95% and developers are eagerly looking to meet residential demand.”
“Twenty-somethings are creating a new and potentially powerful housing pattern as they snap up downtown apartments as fast as they become available. Neighborhood life is blossoming on blocks once dominated by office workers and commuters, and people are clamoring for dog parks.”
"The significance of Cleveland’s population shift cannot be exaggerated. As Jim Russell puts it: “the urban core is a net importer of young adults and a net exporter of old adults. That's the antithesis of a dying city."
Read the full story here.