Cleveland Announces Transit-Oriented Riverfront Development
Equity, Housing, Infrastructure, Sustainability, Transportation, Urban Planning
The city of Cleveland and real estate firm Bedrock, owned by Cleveland Cavaliers owner Dan Gilbert, have "announced a partnership with the goal of revamping the Cuyahoga riverfront near Tower City Center" that aims "to connect downtown residents and visitors to the riverfront with an approach focused on sustainability, equity, and accessibility." As reported by Brandon Simmons, Anna Meyer, Tyler Carey, "[r]enderings released by the company show enhanced pathways to the riverfront and transit-oriented development that follows the guidelines of the city's vision."
According to Bedrock CEO Kofi Bonner, the partnership "will inject the needed public and private funds to implement the first phase of the Vision for the Valley and unlock the tremendous potential of the Riverfront. The initial efforts will focus on replacing aging infrastructure with sustainable and resilient systems, providing for a more walkable, bikeable, and transit-friendly downtown." The improvements, says Bonner, "will set the stage for a dramatic new riverfront community with thousands of homes, businesses, entertainment, and community facilities and services."