Q4 2015

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2015Q4

Q4 2015 Q4 2015

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DOWNTOWN CLEVELAND MARKET UPDATE - QUARTER 4 SUMMARY

QUARTER SUMMARY

I n s t a g r a m . c o m / D w n t o w n C L E@ D o w n t o w n C L Ef a c e b o o k . c o m / D o w n t o w n C l e v e l a n d A l l i a n c e Yo uTu b e . c o m / D w n t w n C L E

1010 EUCLID AVENUE, THIRD FLOOR, CLEVELAND OH. 44115

Because the availability of a diverse menu of transportation options is increasingly critical to attracting the millennial talent that businesses covet, this Q4 2015 Market Update takes a deep dive into the state of public transportation for Downtown Cleveland. Four in five Millennials say they want to live somewhere that gives them a variety of transportation options to get to jobs and daily needs.

Downtown Cleveland offers these options, and the results speak for themselves. Boasting access to the only light rail system in the state, 17 percent of all trips into Downtown use public transit. Downtown’s public transportation menu also includes North America’s leading example of bus-rapid transit and the most extensive free trolley network in the country. Millennials make up 52 percent of the Greater Cleveland Regional Transit Authority’s overall ridership and 62 percent of trolley ridership.

The impact is being felt in downtown and throughout the region. Millennials comprise 53 percent of the central business district’s population. The Cleveland area ranks eighth in the nation in the growth rate of college-educated millennial residents, tying with Seattle and Miami.

•  Downtown Cleveland wins $30 million in state historic tax credits. Winning projects include 925 Euclid Avenue earning the catalytic award of $25 million and the Cleveland Athletic Club winning $5 million. These two projects alone will add 1,300 residents to Downtown.

•  After adding more than 300 units since Q4 2014, Downtown Cleveland’s residential occupancy holds steady at 97 percent.

•  Thompson Hine renewed its lease in Key Tower, where they have been located for the past 20 years, with a commitment through 2029, showing they continually find value in their downtown address.

•  Downtown Cleveland shopping grows with the opening of Geiger’s and two new shops in the 5th Street Arcades.

•  Weston/Citymark announced plans to build over 1,200 apartments on a surface parking lot in Downtown’s Warehouse District.

Q4 HIGHLIGHTS INCLUDE:

925 Euclid Avenue during Winter Wine & Ale, Q4 2015

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TRANSPORTATION UPDATE TRANSPORTATION UPDATE

PUBLIC TRANSPORTATION FUELS DOWNTOWN’S RESIDENTIAL AND OFFICE GROWTH

Downtown Cleveland offers the transportation options that today’s workforce demands. With Downtown Cleveland reflecting national trends toward a younger, more environmentally conscious workforce and population, access to public transit has become a more important factor in retaining talent and encouraging residential and business growth in urban cores. Downtown Cleveland also offers some of the most convenient and affordable central business district parking in the country.

As the largest employment center in Ohio, Downtown Cleveland offers its thousands of daily commuters options besides sitting in highway traffic. The Greater Cleveland Regional Transit Authority (RTA) serves the downtown workforce with the HealthLine, the most acclaimed bus-rapid service in North America; the Cleveland State Line, a new bus-rapid service; multiple bus routes and four rapid transit lines.

In fact, Cleveland is the only city in Ohio to boast light rail service and is the nation’s first, and one of the few, to directly connect its airport to Downtown by rail. Each of these options allow transit users to commute into Downtown Cleveland without getting behind the wheel themselves, a great option when highways are already backed up due to ice, snow, traffic or accidents. Downtown trolleys allow residents, employees and visitors to catch free rides throughoout Downtown every 10 minutes, between 7a.m. and 11p.m. weekdays and between 11a.m. and 11p.m. on weekends.

RTA’s continued growth in Northeast Ohio helps fuel Downtown Cleveland’s residential and office boom. Since 2010, RTA’s ridership has grown by five percent. Since the creation of the HealthLine along Euclid Avenue’s health tech corridor, more than $6.3 billion have been invested on Euclid Avenue. Investment along the HealthLine includes 16 new retailers in Downtown, including Heinen’s, Geiger’s, CLE Clothing Co. and Pour Cleveland.

Downtown Cleveland also offers convenience for the 64 percent of trips into Downtown by car. Cleveland’s automobile commute times are among the lowest in the United States, and average daily and monthly parking rates are below the national average and well-below those of peer downtowns in the region.

2015 RTA RidershipDowntown Trolley: 1,530,698

Overall: 47,025,879

HealthLine: 4,461,433

Between 2010 and 2015:

According to RTA’s 2013 On-Board Survey, young professionals ages 18-34 represent:

of Total RTA Ridership52%

FOR MORE INFORMAT ION ON RTA’S BUS, RAPID T RANSI T AND T ROLLE Y SERVICES, PLE ASE VISI T: WWW.RIDERTA .COM

FOR MORE INFORMAT ION ON T HE LOCAT ION AND RAT ES FOR DOWN T OWN PARK ING, PLE ASE VISI T: PARK ING.DOWN T OWNCLE VEL AND.COM

RTA’s Overall Ridership grew by

HealthLine Ridership grew by

Downtown Trolley Ridership grew by

of HealthLine Ridership57%

Rated Bus- Rapid Service in North America

$6.3 BILLIONDevelopment along HealthLine 71% NineTwelve Trolley

Ridership Increase (2013-2014)

CLEVELAND RTA KEEPS DOWNTOWN MOVING

of Downtown Trolley Ridership62%

Cleveland State Line Ridership grew by

RTA’s Cleveland State Line connects west-side suburbs and Downtown.

New downtown trolleys were added in Q1 of 2016.

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With residents snapping up downtown apartments as quickly as they become available, there is no end in sight to Downtown Cleveland’s population boom. If development continues at its current pace, Downtown Cleveland will easily meet its goal of reaching a downtown population of 25,000—roughly one percent of the Cleveland Metropolitan Area.

HOUSING MARKET OVERVIEW

HOUSING MARKET UPDATE

HOUSING MARKET

Q4 2014 Q4 2014Q4 2015 Q4 2015

HOUSING MARKET UPDATE

Lakeside Avenue

East 9th Street

East 18th Street

First Energy Stadium

Quicken Loans Arena

Progressive Field

Public Square

Euclid Avenue

Prospect Avenue

Superior Ave.

St. Clair Ave.

East 14th Street

Carnegie AvenueHuron Road

Euclid Avenue

East 6th Street

Ontario Street

East Mall Drive

W. 9th Street

W. 6th Street

W. 3rd Street

W. 3

rd st

reet

25

26

27

28

29

30

313233

34

35

36

Chester Avenue

Flats East Bank (Phase 2)

The Malls

1

2

3

4

5

6

7

8

910

11

12

13

14

15

1617

1819

20

21

22

2324

DOWNTOWN CLEVELAND RESIDENCE MAP

OWNED RENTED

Residences Planned

Under Construction/Renovation

1. Residences at 6682. Avenue District Apartments3. Joshua Hall Building4. University Lofts Apartments5. Euclid Block6. University Lofts Condos7. University Studios8. The Langston9. Lofts at Rosetta10. Residences at Hanna11. Seasons at Perk Plaza12. Reserve Square13. Residences at 171714. Residences at The 915. 2320 Lofts16. Ivory on Euclid

17. Flats at East Bank Apartments18. The Creswell at Playhouse Square19. The Archer

20. The Sphere21. Schofield Building22. Park-Southworth Building23. Leader Building24. Garfield Building25. CSU West Residential

26. Superior Warehouse Lofts27. Standard Building28. 75 Public Square

29. nuCLEus30. May Company Building31. Halle Building 32. Johnson Court33. 925 Euclid34. Weston/Citymark Project35. Harbor West36. Cleveland Athletic Club

Residential Units Built Since 20076,000

5,500

5,000

4,500

4,000

3,500

3,000

2,500

2,000

1,500

2011 20142012 2013

4,17

1

4,17

1

4,85

7

5,19

6

4,17

1

4,19

3

4,93

6

5,19

6

4,17

1 4,63

6 5,16

2

5,45

9

4,17

1

4,70

5

5,16

2 5,56

5

100%

95%

90%

85%

80%

75%

70%

65%

60%

55%

2015

5,56

55,

543

5,78

5

5,87

0

Since 2011, Downtown Cleveland has continually added new residential units while still increasing the overall residential occupancy of the city center.

95.90% 96.20% 95%97.80% 97%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

TOTAL UNITS

TOTAL UNITS

TOTAL UNITS

TOTAL UNITS

Number Sold

Number Sold

Avg. Sale Price

Avg. Sale Price

PSF for Sale

PSF for Sale

Occupancy Occupancy

Avg. PFS Rental

Avg. PFS Rental

880 880

$219.84

$267,317

19

$215.51

$277,590

24

$1.20

97.8% 97%

$1.38

5,565 5,870DOWNTOWN CLEVELAND RENTAL UNITS AND RESIDENTIAL OCCUPANCY, 2011-2015

Since Q1 2011, Downtown Cleveland has added 1,700 apartments to the residential rental market. During this time, the occupancy in Downtown Cleveland increased from 91 percent to 97 percent. The average cost per square foot of residential rental space grew from $1.05 to $1.38 since 2011, a 31 percent increase in price.

Q4 2015 APARTMENT PIPELINE UPDATE

UNITS ADDED SINCE 20111,700

UNITS CURRENTLY UNDER CONSTRUCTION969

UNITS PLANNED FOR DOWNTOWN FROM 2016-2018

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VALUE OF DOWNTOWN OFFICE SPACE EXCEEDS SUBURBS

OFFICE MARKET UPDATE

AT T R A C T ION RE T E N T ION

MA JOR TRANSACTIONS

Sources: CBRE, Colliers International, Downtown Cleveland Alliance, JLL, Newmark Grubb Knight Frank, Xceligent

American Interiors

North Point Tower

Dixon Hughes Goodman LLP Key Tower

3,285 SF

BakerHostetler

1375 E. 9th Street

OFFICE MARKET UPDATE

Grange Mutual Casualty Company 55 Public Square

Paycom 1300 E. 9th Street

3,565 SF

38,806 SF

10,749 SF

4,375 SF

Downtown has enjoyed 116,214 square feet of positive net absorption in Q4 2015. Vacancy held steady at 18.7 percent.

$20.00

$19.50

$19.00

$18.50

$18.00

$17.50

$17.00

$16.50

$16.00

$15.50

21%

20.5%

20%

19.5%

19%

18.5%

18%

17.5%

17%

16.5%Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015

Lease Rates(Downtown)

Of�ce Vacancy %(Downtown)

Lease Rates(Cleveland Area Suburbs)

Of�ce Vacancy %(Cleveland Area Suburbs)

$19.

02

$16.

63

$19.

05

$16.

48

$19.

05

$16.

40

$19.

08

$16.

29

$18.

85

$16.

35

18.7%18.8%

18.3%

18.4%18.4%

20.7%

19.9% 19.9%

19.2%

18.2%

DOWNTOWN CLEVELAND SURPASSES OTHER CITIES IN NET ABSORPTION

Talent recruitment and retention considerations continue to lead employers to Downtown Cleveland. The conversion of Class B office space to mixed-use is the office market’s other key driver.

Reflecting Downtown Cleveland’s growing medical technology sector, Siemens Global announced the relocation of its U.S. central zone headquarters from Pittsburgh to Downtown Cleveland’s Global Center for Health Innovation in Q4 2015.

With all of the ten largest law firms in Northeast Ohio calling Downtown Cleveland home, the legal profession remains a key component of the downtown office market. Thompson Hine renewed its lease in Key Tower, where they have been located for the past 20 years, with a commitment through 2029.

Cleveland Rape Crisis Center

1224 Euclid Avenue

14,369 SF

125,120 SF

Thompson Hine Key Tower

RCB Capital Markets LLC Fifth Third Center

Roetzel

One Cleveland Center

38,400 SF

13,643 SF

STARTUP CORNER UPDATE

Downtown Cleveland’s startup scene continued to gain national attention over Q4. With the new 35,000 square foot StartMart in the historic Terminal Tower, Downtown Cleveland is home to the second largest co-working space in the country. Outranking Atlanta, Austin, Columbus, Denver, Indianapolis, Pittsburgh and others, Cleveland is among the top 50 cities in the world for entrepreneurs according to NerdWallet, Inc., Forbes, Fortune and Entrepreneur.com.

At 90 percent leased, the StartMart in Downtown Cleveland is home to startups, investors, freelancers and a growing list of co-working members who value the collaborative environment that Downtown Cleveland has to offer. Home to the Flashstarts business accelerator, the StartMart will house 10-12 new startup companies, attracting further investment in Downtown startups.

Downtown Cleveland accelerator programs have launched 74 businesses over the last three years, attracting over $5.6 million in investment.

inTouch is a digital marketing platform allowing businesses and surroundings the ability to form a digital connection directly with consumers’ mobile devices to deliver relevant information in a proximity-based setting. Businesses are able to engage consumers who have the inTouch Beacon Technology application for iOS or Android downloaded on their mobile devices.

Attracting investment from the Flashstarts business accelerator and the 2015 Northeast Ohio Student Venture Fund, inTouch has successfully landed deals to provide service for Cleveland Beer Week, the 2016 Flats East Bank Mardi Gras and the 2016 Cisco Live Event in Berlin, Germany.

DOWNTOWN STARTUP SPOTLIGHT

106,000SF Q4 Net Absorption$20.98 Average Asking Lease Rate

in the Nation for Growth Rate of College Educated 25-34 Year Olds (2011-2013)Source: Cleveland State University, Levin College for Urban Affairs, Center for Population Dynamics, The Fifth Migration.

Source: ACS Community Survey, 2009-2013.30% Of Downtown Cleveland residents hold a Four Year or Advanced Degree

Vacancy

In Q4 2015, Downtown Class A Space Experienced:

Downtown Dense with Talent

Source: CBRE MarketView.

Source: CBRE MarketView.

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Retailers and restaurateurs continued to open Downtown Cleveland locations to meet the demands of residents, visitors and office workers. The grand opening of Geiger’s, a locally owned 83-year-old retailer of men’s and women’s clothing, activewear and footwear, headlined Q4’s retail growth. The 5th Street Arcades also continued to thrive, adding CLE Pets, a locally owned pet supply store, and NutriFit, a vitamins and supplement retailer.

Jeff Ruby Steakhouse, a top Zagat-rated steakhouse from Cincinnati, began renovations of the old Cleveland Trust Bank Building at 623 Euclid Avenue with plans to open in early summer of 2016. This quarter 200 Public Square announced two future tenants, Ruth’s Chris Steakhouse and Bloom Bakery. Ruth’s Chris Steakhouse is under construction and Bloom Bakery will be opening in late February. Bloom Bakery will also open a second location in Campus District during Q1 2016.

SHOPPING AND RESTAURANT DESTINATIONS CHOOSE DOWNTOWN FOR NEW LOCATIONS

HOSPITALITY MARKET UPDATE RETAIL MARKET UPDATE

Downtown Cleveland’s hospitality market ended with year over year increases in average daily rate and revenue per room. As the city prepares to host the 2016 Republican National Convention, the Cleveland Convention Center was selected to serve as the media center for the 15,000 credentialed press members who will cover the RNC. With Playhouse Square in full swing, the Cleveland Cavaliers making another playoff run and the Cleveland International Film Festival around the corner, DCA anticipates that the downtown hotel market will get off to a strong start in Q1 2016.

DOWNTOWN CLEVELAND HOTEL MARKET SHOWS YEAR OVER YEAR GROWTH

$150

$140

$130

$120

$110

$100

$90

$80

$70

$60

$50

20142012 2013 2015

90

85

80

75

70

65

60

55

50

45

40 $70.

31

$92.

72

$86.

94

$58.

32

$75.

94

$77.

54 $87.

48$98.

10

$98.

37

$59.

19

$101

.16

$104

.78

$65.

19

$122

.18

$114

.32

$61.

53

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Occupancy Rate

Average Daily Rate

Revenue Per Room

•  Rising Star

•  NutriFit

•  Geiger’s

•  CLE Pets

•  Bold Food and Drink

•  Bombay Chaat

•  Jeff Ruby - Committed

•  Ruth’s Chris Steakhouse - Committed

•  Bloom Bakery - Committed

•  Buffalo Wild Wings - Committed

NEW RETAIL IN Q4

Average Downtown Household IncomeGreater Downtown Workers125,000

Population within ½ mile of Downtown

Kimpton Schofield Hotel Suite, Opening February 2016 CLE Pets in 5th Street Arcade; Geiger’s Downtown

Downtown’s Retail Market Demographics

Hotel rooms to open by July 2016

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In December, the Ohio Development Services Agency awarded $30 million in Ohio Historic Preservation Tax Credits to two projects in Downtown Cleveland. These awards assist private developers in rehabilitating historic buildings in downtowns and neighborhoods, bringing together public and private funds to drive growth and economic development. Downtown Cleveland winners include the Cleveland Athletic Club earning $5 million in tax credits. Constructed in 1911 as a downtown sports club, the property will be rehabilitated into 175 apartments over a first-floor restaurant. At the corner of East 9th and Euclid, the 925 Euclid building won the catalytic award of $25 million. Renovation plans by Hudson Holdings will transform the property into a complex with 673 apartments, a 279 room hotel, office and business incubator space, and retail and event space. The grand banking hall will be reopened for public use as the hotel lobby and event space. The redevelopment of the property is anticipated to have a catalytic impact on the continued revitalization of downtown.

DOWNTOWN CLEVELAND PROJECTS WIN HISTORIC TAX CREDITS

MAJOR INVESTMENTS & DEVELOPMENT UPDATES MAJOR INVESTMENTS & DEVELOPMENT UPDATES

925 Euclid Avenue

In January of 2016, The new Hilton Cleveland Downtown hotel reported that construction is 81 percent complete and remains on track to be completed by June 1. It remains on budget and may even come in under budget, saving the county as much as $24 million. The hotel also announced it will be home to two bars and two hotels of varying concepts.

HILTON DOWNTOWN CLEVELAND ON TIME, UNDER BUDGET

Hilton Downtown Cleveland, Q1 2016

Public Square was named “Big U.S. Transportation Infrastructure Projects to Watch in 2016” by City Lab in Q4 2015. Drawing attention for its unique design by James Corner of New York City’s High Line, the project aims to transition the former traffic hub into a walkable plaza surrounded by greenery and largely cut-off to through-traffic. Ready in time for the RNC in July 2016, the new Public Square will be the center of our Downtown for years to come.

PUBLIC SQUARE GAINS NATIONAL RECOGNITION

Public Square rendering

In Q4 2015, Weston, Inc., owner of several surface parking lots in Downtown Cleveland, teamed up with Citymark to announce plans for a four phase new construction project including over 1,300 apartments, ground-level retail and parking spread between an eight-story building and a 23-story tower at the southeast corner of St. Clair Avenue and West Sixth Street. The final vision of the project includes more than 3 million square feet of development, with green spaces and patios lining the streets and rooftop enclaves where apartment-dwellers can swim, cook, lounge and walk their dogs. Phase I’s ground breaking for 352 apartments is expected later this year.

WESTON/CITYMARK ANNOUNCE WAREHOUSE DISTRICT PROJECT

Weston/Citymark full project rendering

Construction has begun on the previous site of the Jewish Federation Headquarters in Downtown Cleveland’s Campus District. The office building has been demolished to make way for a student housing facility. The project will consist of 237 suites with a total of 535 beds. The project also includes a 200-space parking garage behind the taller structure. Project owner is Edge CSU Student Living LLC, an affiliate of St. Louis- and Chicago-based construction contractor and developer Clayco.

NEW CSU HOUSING BREAKS GROUND IN CAMPUS DISTRICT

Campus District housing project rendering

Early this year, Nuevo Modern Mexican and Tequila Bar from Akron confirmed its new Downtown Cleveland location in North Coast Harbor. The restaurant is the first building in the 28-acre project planned by Richard Pace’s Cumberland Development and the Trammell Crow Co. of Dallas. The restaurant portion started construction in Q4 2015 and construction on a four-story apartment and retail building near the Rock and Roll Hall of Fame and Museum could start in the summer, after the RNC.

NORTH COAST HARBOR UNDER CONSTRUCTION

Cumberland Development restaurant rendering

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BUSINESS DEVELOPMENT CENTER UPDATE

Downtown Cleveland Alliance’s Business Development Center serves as a single point of contact for business leaders, commercial real estate professionals, developers and investors. The Center’s services include advocacy, marketing, research, site selection assistance, public and private financial assistance consulting, and technical support.

Q4 2015 BUSINESS DEVELOPMENT CENTER HIGHLIGHTS INCLUDED:

•  Providing marketing consultation and support to Geiger’s for the grand opening of their downtown location in The Ivory on Euclid Avenue.

•  Providing research, advocacy and technical assistance to Downtown Cleveland’s two applicants for the State of Ohio’s Catalytic Historic Preservation Tax Credit, resulting in 925 Euclid receiving the only available $25 million tax credit.

•  Moderated the 2016 Flats/Warehouse District Business & Residents’ Forum in the Big Bang Dueling Piano Bar in the Flats East Bank waterfront development, engaging over 60 attendees with City of Cleveland Director of Economic Development Tracey Nichols; Cleveland Division of Police Third District Commander Patrick Stephens; Greater Cleveland Partnership Vice President of Business & Real Estate Development Vince Adamus; and DCA Executive Vice President and Warehouse District Executive Director Tom Yablonsky DCA’s Business Development Center markets Downtown to business leaders in Northeast Ohio and beyond. Interested in what a Downtown Cleveland address can do for your business? Contact Michael Deemer, Executive Vice President for Business Development at 216-736-7799.

DCA’S CLEAN & SAFE AMBASSADORS ARE AT YOUR SERVICE

DCA’s Ambassador program employs more than 60 hard-working people who are dedicated to keeping Downtown’s streets clean and safe year-round. The DCA Ambassadors can be seen patrolling Downtown’s neighborhoods by foot and by bike, acting as both mobile concierges and an incredible maintenance staff. No matter what your needs are, the Ambassadors are there to assist you quickly and efficiently, just call 216-621-6000.

1 51 , 9 0 4 P O U N D SCOLLECTED

OF TRASH FROM DOWNTOWN STREETS

6 3 6 S A F E T Y E S C O RTSTO & FROM DOWNTOWN DESTINATIONS

PROVIDED

2 8 9 M OTO R I STSASSISTED

1 0 , 5 2 1 V I S I TO R SSERVED AS CONCIERGES TO

In Q4 of 2015, DCA’s Ambassadors:

DCA UPDATE STEP UP DOWNTOWN UPDATE

STEP UP DOWNTOWN GUIDES DCA THROUGH NEXT FIVE YEAR RENEWAL

Downtown Cleveland Alliance is now in its tenth year of serving as the only organization focused exclusively on making Downtown Cleveland the most dynamic and compelling place in the region to live, work and play. In Q4, the City of Cleveland approved property owners’ petition to continue the downtown improvement district for a third five year term. As a result of this renewal, property owners will invest another $20 million in Downtown’s improvement over the next five years.

The Step Up Downtown, Vision and Tactical Plan will guide DCA’s work for the next five years to build on and sustain Downtown’s momentum. The plan identifies connectivity as the overarching theme necessary to take Downtown Cleveland to the next level. At the 2016 annual meeting of downtown improvement district members, DCA announced its 2016 priorities to continue to support the development of the more fully connected urban fabric expected of a world-class city:

•  Cleanliness & Safety – DCA’s Clean & Safe Ambassador Program will continue to make our downtown neighborhood cleaner, safer and more attractive for job creation, residential growth and talent attraction.

•  Business Development – DCA’s Business Development Center will continue to serve as a single point of contact and promote business attraction and retention, residential growth and the development of retail and other amenities.

•  Historic Preservation – DCA’s highest advocacy priority is the continuation and enhancement of the Ohio Historic Preservation Tax Credit, which has fueled Downtown’s transformation from a traditional central business district to Northeast Ohio’s fastest growing neighborhood.

•  Quality of Life – DCA will work to improve quality of life by working to improve the pedestrian experience between Downtown’s districts and major assets.

•  RNC – DCA will use its role as a member of the 2016 Host Committee to work with allies to convert Downtown Cleveland’s massive exposure to media and business leaders into development opportunities.

•  Public Square – DCA will work with the City of Cleveland, the Group Plan Commission and other allies to activate Public Square with frequent programming and to attract businesses, jobs and real estate development to the surrounding area.

•  Transportation – DCA will work with the Greater Cleveland Regional Transit Authority, the Northeast Ohio Area Coordinating Agency, property owners, businesses and residents to identify funding to maintain the “free with a smile” trolleys, and to support further transit-oriented developments in Downtown Cleveland.

Playhouse Square during Winterfest, Q4 2015

Q4 2015

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