Economic trends

Trending News in Northeast Ohio jobs, economy, labor, immigration, and population

Failed I-X Center deal, new Browns stadium put convention, trade-show biz in flux

To say that Greater Cleveland’s convention and visitors business is in a state of flux right now would be an understatement. Two new developments have put it there — the failure of a pending deal to redevelop the I-X Center for a new tenant plus the design and marketing of the new Huntington Bank Field as a competitive event venue.

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Rockefeller Building’s future in limbo

The future of the Rockefeller Building, 614 W. Superior Ave., one of Downtown Cleveland’s most famous and historic buildings, is in limbo after all of its existing interested buyers reportedly walked away in recent weeks. Interest in the property has faded despite $70 million in public incentives that have been amassed and remain available to redevelop the property.

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Downtown ‘reset’ a challenge, opportunity

Multiple forces are likely to affect Cleveland’s central business district in 2026, according to the nonprofit development corporation Downtown Cleveland Inc. (DCI). It’s a setting that has housed Cleveland’s fastest-growing residential neighborhood this century while also suffering the loss of office jobs to remote working, intensified by the 2020 pandemic.

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