See What $8 Billion in Investments Put on the Map in Cleveland
JLL explores what $8 Billion in investments delivered to the area in a new, interactive research piece The Downtown Cleveland Interactive Investment Map.
Cleveland, July 12, 2018 – Downtown Cleveland has seen an extraordinary level of investment in recent years, and many more projects remain in the pipeline. JLL explores what $8 Billion in investments delivered to the area in a new, interactive research piece—The Downtown Cleveland Interactive Investment Map.
JLL's research team has been tracking and analyzing the impact of these investments. This interactive map was developed to educate our clients and help guide their future real estate decisions.
There have been over 91 completed projects in Cleveland since 2012, totaling $4.4 million of value invested. Residential properties see the most investment (28 percent), followed by retail/entertainment (23 percent).
A number of catalytic projects have been proposed for downtown Cleveland. Each development is in a different stage of the planning process, however, they all feature a mix of uses and will require multiple layers of financing. Some of the largest proposed investments are Jacobs Waterfront District ($405M), nuCLEus ($400M), 925 Euclid ($300M) and Weston Warehouse District ($100M)
For more information on JLL’s Cleveland office, please visit www.us.jll.com/en/locations/midwest.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.