In a New York Times feature titled, "Cleveland’s Thriving Theater Hub Lures Residents," writer Erik Piepenburg outlines how Playhouse Square continues to evolve from an entertainment-only district to a 24/7 community.
"Residents of Midtown Manhattan are accustomed to walking to the Theater District to see what’s new on Broadway," Piepenburg writes. "But Mr. Hawley’s trip to and from Cleveland’s gilded Palace Theater was something much more significant. It was a sign, decades in the making, that this city’s efforts to create a thriving residential real estate market in its downtown core was starting to look more like a box-office hit than a flop."
The article ticks off positive statistics, supplied by Downtown Cleveland Alliance, that state that roughly 12,000 residents now call downtown Cleveland home, double the amount in 2000. Rental occupancy hovers near 95 percent.
"Almost 40 years after the closing of Jacque Brel, and after millions of dollars in renovations and area development, people are not just being entertained in Cleveland’s theater district," notes Piepenburg. "They’re calling it home."
Read the rest of the good news here.