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| 09/06/2024 In this edition of MarketRent™ powered by Clarendon, we delve into the transformative adaptive reuse projects that have redefined Cleveland’s downtown. The landmark developments highlight the architectural ingenuity and economic revitalization that have breathed new life into the city’s urban core. These projects are not just about preserving history; they are about creating vibrant, functional spaces that drive economic growth and community engagement. While challenges such as rising costs and gentrification remain, Cleveland’s approach offers valuable insights for sustainable urban development in other cities. |
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| RESEARCH Cleveland’s Adaptive Reuse Journey: Key Projects |
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| Dive into the key adaptive reuse projects that have shaped Cleveland’s downtown. From The Arcade to The 9, this article highlights the architectural transformations and economic impacts of these landmark projects, showcasing how they have revitalized the city’s urban core. |
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| RESEARCH Cleveland’s Adaptive Reuse Journey: Economic Performance Analysis |
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| Analyze the economic performance of Cleveland’s adaptive reuse projects, comparing key indicators before and after the COVID-19 pandemic. This article provides insights into vacancy rates, average asking rent, and effective rent trends, highlighting the resilience and growth of these projects. |
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