comparison cities - the lakefront district, cleveland

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How the viability for development of The Lakefront District stacks up against other cities across the country.

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Page 1: Comparison Cities - The Lakefront District, Cleveland

COMPARISON  CITIES  

Page 2: Comparison Cities - The Lakefront District, Cleveland

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  

Page 3: Comparison Cities - The Lakefront District, Cleveland

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%

Page 4: Comparison Cities - The Lakefront District, Cleveland

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%

Page 5: Comparison Cities - The Lakefront District, Cleveland

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  

Page 6: Comparison Cities - The Lakefront District, Cleveland

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%

Page 7: Comparison Cities - The Lakefront District, Cleveland

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%