Downtown Cleveland Residential Population Exceeds 13,000
Downtown Cleveland Alliance (DCA) released its Downtown Cleveland Market Update for the third quarter of 2014. This quarterly update provides an in-depth look at downtown Cleveland’s business development through major investments, as well as its office, housing, retail, hospitality and transportation markets
The Q3 quarterly market update from DCA finds that downtown Cleveland’s residential population has reached 13,000 people, while maintaining over 95 percent occupancy among market rate apartments. DCA projects this population will grow to nearly 18,000 by the end of 2017, 23,000 by the end of 2020 and to 25,000 by the end of 2022.