comparison cities - the lakefront district, cleveland
DESCRIPTION
How the viability for development of The Lakefront District stacks up against other cities across the country.TRANSCRIPT
COMPARISON CITIES
Hammes Company 1 APRIL 2011 1
Cleveland 30-Mile Radius
Indianapolis 30-Mile Radius
Pittsburgh 30-Mile Radius
Cincinnati 30-Mile Radius
New England 30-Mile Radius
Green Bay 30-Mile Radius
2010 2010 2010 2010 2010 2010 Key Demographics Estimate Estimate Estimate Estimate Estimate Estimate Population 2,251,366 1,695,294 2,009,548 2,177,460 4,370,776 553,915
Households 912,219 662,316 841,457 848,820 1,692,025 217,233
Population Growth 2000-2010 -3.34% 15.10% -3.93% 8.35% 2.96% 8.25%
Average Household Size 2.47 2.56 2.39 2.52 2.58 2.55
Median Age 40.28 35.94 42.70 34.99 38.3 34.65
Population Between 25-65 1,197,025 914,604 1,060,985 1,051,939 2,390,798 301,266
Percent of Population Between 25-65 53.17% 53.95% 52.80% 52.34% 54.70% 54.39%
Average Household Income $67,798 $71,965 $65,586 $58,274 $88,355 $66,466
Median Household Income $50,894 $55,527 $48,592 $45,287 $66,080 $55,755
Per Capita Income $27,757 $28,399 $27,852 $22,873 $34,633 $26,345
Households Above $75,000 281,757 225,628 247,151 185,904 740,614 67,540
Percent of Households Above $75,000 30.89% 34.07% 29.37% 23.85% 43.77% 31.09%
COMPARISON CITIES
DEMOGRAPHICS
Source: 2010 U.S. Census Data
Hammes Company 2 APRIL 2011 2
Indianapolis Colts Indianapolis, Indiana Conseco Fieldhouse • Opened November 6, 1999 • Led to significant downtown redevelopment
Lucas Oil Stadium • Opened August 16, 2008
Indiana ConvenMon Center • CompleMon of expansion -‐ January 2011 • 1,230,000 total square feet • 420,000 square feet of new space in 2011
COMPARISON CITIES
INDIANAPOLIS, INDIANA
Cleveland 30-Mile Radius
Indianapolis 30-Mile Radius
2010 2010 Key Demographics Estimate Estimate Population 2,251,366 1,695,294 Households 912,219 662,316 Population Growth 2000-2010 -3.34% 15.10% Average Household Size 2.47 2.56 Median Age 40.28 35.94 Population Between 25-65 1,197,025 914,604 Percent of Population Between 25-65 53.17% 53.95% Average Household Income $ 67,798 $ 71,965 Median Household Income $ 50,894 $ 55,527 Per Capita Income $ 27,757 $ 28,399 Households Above $75,000 281,757 225,628 Percent of Households Above $75,000 30.89% 34.07%
Hammes Company 3 APRIL 2011 3
PiVsburgh Steelers and Pirates PiVsburgh, Pennsylvania Heinz Field • Opened August 18, 2001 • Home of the Steelers
PNC Park • Opened March 31, 2001 • Home of the Pirates
North Shore Development and Rail Connector Project • North Shore desMnaMons include: Heinz Field, PNC Park, Amphitheater, Carnegie Science Center, Rivers Casino, office buildings, and restaurants
• Rail Connector -‐ Scheduled to open early 2012
COMPARISON CITIES
PITTSBURGH, PENNSYLVANIA
Cleveland 30-Mile Radius
Pittsburgh 30-Mile Radius
2010 2010 Key Demographics Estimate Estimate Population 2,251,366 2,009,548 Households 912,219 841,457 Population Growth 2000-2010 -3.34% -3.93% Average Household Size 2.47 2.39 Median Age 40.28 42.70 Population Between 25-65 1,197,025 1,060,985 Percent of Population Between 25-65 53.17% 52.80% Average Household Income $ 67,798 $ 65,586 Median Household Income $ 50,894 $ 48,592 Per Capita Income $ 27,757 $ 27,852 Households Above $75,000 281,757 247,151 Percent of Households Above $75,000 30.89% 29.37%
Hammes Company 4 APRIL 2011 4
CincinnaM Bengals and Reds CincinnaM, Ohio
2010 2010Key Demographics Estimate EstimatePopulation 2,251,366 2,177,460
Households 912,219 848,820
Population Growth 2000-2010 -3.34% 8.35%
Average Household Size 2.47 2.52
Median Age 40.28 34.99
Population Between 25-65 1,197,025 1,051,939
Percent of Population Between 25-65 53.17% 52.34%
Average Household Income 67,798$ 58,274$
Median Household Income 50,894$ 45,287$
Per Capita Income 27,757$ 22,873$
Households Above $75,000 281,757 185,904
Percent of Households Above $75,000 30.89% 23.85%
Cincinnati30-Mile Radius
Cleveland30-Mile Radius
Paul Brown Stadium • Opened August 19, 2000 • Home of the Bengals Great American Ball Park • Opened March 31, 2003 • Home of the Reds
COMPARISON CITIES
CINCINNATI, OHIO
Hammes Company 5 APRIL 2011 5
New England Patriots Foxboro, MassachuseVs
GilleVe Stadium • Opened September 9, 2002
Patriot Place • Phase I opened Fall, 2007 • Phase II opened July, 2008 • Ancillary development includes: retail, dining, cinema, hotel, The Hall at Patriot Place, Sports Medicine and Urgent Care Center
COMPARISON CITIES
FOXBORO, MASSACHUSSETTS
Cleveland 30-Mile Radius
Boston 30-Mile Radius
2010 2010 Key Demographics Estimate Estimate Population 2,251,366 4,370,776 Households 912,219 1,692,025 Population Growth 2000-2010 -3.34% 2.96% Average Household Size 2.47 2.58 Median Age 40.28 38.3 Population Between 25-65 1,197,025 2,390,798 Percent of Population Between 25-65 53.17% 54.70% Average Household Income $ 67,798 $ 88,355 Median Household Income $ 50,894 $ 66,080 Per Capita Income $2 7,757 $ 34,633 Households Above $75,000 281,757 740,614 Percent of Households Above $75,000 30.89% 43.77%
Hammes Company 6 APRIL 2011 6
Green Bay Packers Green Bay, Wisconsin
Lambeau Field • Stadium RenovaMon and Lambeau Field Atrium Completed August 2003
• Atrium Retail, Dining, MeeMng Space, Hall of Fame and Team Store provide 365 Day Use
• 3.5 Million Visitors per Year
Planned Phase II Development • To be announced in 2011
COMPARISON CITIES
GREEN BAY, WISCONSIN
Cleveland 30-Mile Radius
Green Bay 30-Mile Radius
2010 2010 Key Demographics Estimate Estimate
Population 2,251,366 553,915
Households 912,219 217,233
Population Growth 2000-2010 -3.34% 8.25%
Average Household Size 2.47 2.55
Median Age 40.28 34.65
Population Between 25-65 1,197,025 301,266
Percent of Population Between 25-65 53.17% 54.39%
Average Household Income $ 67,798 $ 66,466
Median Household Income $ 50,894 $ 55,755
Per Capita Income $ 27,757 $ 26,345
Households Above $75,000 281,757 67,540
Percent of Households Above $75,000 30.89% 31.09%