drbubb Posted April 2, 2008 Report Share Posted April 2, 2008 The Cleveland thread - US Urban decline and revival Will Cleveland & Ohio bounceback? Can money be made? ====================================== The Great Lakes - Another advantage shared with Detroit and Chicago. It is not only the world's largest fresh water resource (I believe), but it is also liked to the global markets by water through the St.Lawrence seaway- a huge advantage for exports traveling by sea. Foreclosed properties held by banks - plenty around the Great Lakes - note: That red spot below the D in "Detroit" is Cleveland. //This is to collect some posts about Cleveland from elsewhere, and provide a platform for researching a US city where property is already cheap, and if it is restructured properly, may provide some good future investment opportunities.// Big Picture, the city can be rebuilt around its rail links, its downtown, its universities, and its renewed ability to compete in a global market as the US dollar falls - That's my thesis, but is it correct? Eventually, this thread may be moved to the Global Property section, after a period of seasoning.) University Circle - an interesting mixed use concept in Cleveland Mixed Use Demand Generation "Urban mixed-use developments often revolve around a nonretail demand generator such as a city hall, regional library or cultural arts center," says Fairmount principal Randy Ruttenberg. "We believe a college or university can be a quintessential example of a nonretail demand generator in that it attracts students, faculty, administrative staff and their families." "Our goal is to create pedestrian-oriented places where students and faculty can join with the community to live, dine, and shop." (... why not "work" also??) University Circle College Town, Cleveland, Ohio Fairmount Properties, in partnership with University Circle Incorporated and Case Western Reserve University, led the charge in the renovation and re-merchandising of the University East building, Phase I of a mixed-use retail, residential and institutional-based College Town in the heart of University Circle's internationally-known culture center. Phase I construction, completed in the spring of 2004, added a number of new restaurants and specialty tenants along with outdoor seating, dining and recreation space. Phase II of College Town will be anchored by a Barnes and Noble College Bookstore as well as several local restaurants. This district caters to a significant student and daytime population in excess of 70,000 people. /see: http://www.fairmountproperties.com/univers...evelopments.htm /and: http://www.fairmountproperties.com/documen...iness-daily.pdf College Reits: http://www.advfn.com/cmn/fbb/thread.php3?id=16826425 == == == nice neighborhoods around cleveland (yet another) ------------------------------------------------------------ Q: Are there any nice neighborhoods around Cleveland (w/in a short drive of Case UH/Cleveland Clinic) where I can just go outside and take a walk down to restaurants/drug stores/video shops/cafes? I am from the Cambridge, MA area around Harvard Square (if that helps). I am also familiar w/ and like the Mt. Washington area around Baltimore and the Cleveland Park area in Washington, DC. A: YES!! Little Italy, Cedar-Fairmount, Cedar-Lee, Coventry and Shaker square are with in a short bus or car ride of Uiversity Circle and its institutions/Attractions. There are retail stores, Cafes, drug stores, restaurants, Inde Movies theatres(Cedar-Lee), mainstream theatres (Shaker Square). Shaker Square is also connected by rail to Downtown, The airport and University Circle (Though not directly). Here's a map of these areas I mentioned: (Notice the Rail link next to Little Italy) Little Italy is the Closest to University Circle though and you would need to catch the bus/train/drive to reach the others. Also (though about 3 -4 miles away is Cedar Center and University Square, which has a whole foods, Macy's, target, CVS, Walgreens and other shops cafes and restaurants. For Renting nearby... The area you want to look at is University Heights. Within just a few blocks are tons of two family houses and apartments. From what I've seen rents start at about $600, but go up from there. Try searching here http://www.cleveland.com/rentals/apts/ /see: http://www.city-data.com/forum/cleveland/6...et-another.html From the Case-Schiller thread: mo.: + CSXR. / +S20R. / Miami , S.Fran. -NYC-, Boston, Chicago, Denver, Detroit, Cleve. jun. : 217.33 / 183.89 / 264.89, 209.48, 209.34, 171.29, 165.94, 138.09, 110.70, 118.33 . . sep. : 212.70 / 195.68 / 249.61, 206.46, 206.30, 170.73, 164.42, 138.43, 110.83, 117.35 oct. : 209.76 / 192.98 / 244.35, 202.03, 205.58, 169.33, 163.12, 136.08, 108.15, 115.93 nov : 205.31 / 188.98 / 237.99, 195.49, 204.50, 167.39, 161.61, 133.36, 105.24, 113.29 dec : 200.77 / 185.03 / 231.71, 189.23, 202.32, 164.58, 160.03, 130.98, 103.30, 112.07 J.08: 196.17 / 180.75 / 225.40, 183.81, 200.49, 162.58, 156.42, 128.98, 100.17, 108.49 feb : 190.58 / 175.94 / 218.74, 174.54, 198.46, 160.31, 153.33, 127.50 , 97.61, 106.82 = = = = = LINKS: CraigsList, Cleveland : http://cleveland.craigslist.org/rfs/ Cleveland Hotels ..... : http://www.tripadvisor.com/SmartDeals-g502...otel-Deals.html Link to comment Share on other sites More sharing options...
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