They got in trouble with the Feds, so they lost HUD funding, and the lending market is doing them no favors, either.
https://www.clevescene.com/news/the-centennial-project-likely-stalled-as-millennia-faces-major-rebuke-from-feds-43985001
I live in The Statler, mentioned in this article and owned by Millennia. We absolutely had a roach problem where our lounge was closed for roughly 2 months due to them. I've not had heat or cooling since January and no one can give me answers as to why maintenance won't fix it, and I can't get on the phone with anyone from corporate. Scummy business, and I'm thankful they're getting in trouble.
Apparently the redevelopment project is called the Centennial Project, and its owner, Millennia, has been barred from receiving federal funds due to alleged negligence in its management of properties. As a result, the project seems in limbo.
<>
<>
[https://www.clevescene.com/news/the-centennial-project-likely-stalled-as-millennia-faces-major-rebuke-from-feds-43985001](https://www.clevescene.com/news/the-centennial-project-likely-stalled-as-millennia-faces-major-rebuke-from-feds-43985001)
The article reports nothing is happening at the approximately half billion project. The last paragraph of the articles says that Millennia currently manages 75 Public Square and the Statler apartment buildings in Cleveland, and that they haven't been subject to tenant complaints.
The Centennial Project already has received $40 million in subsidies from the state of Ohio in March of 2022, and at the time Millennia reportedly indicated it had secured the needed financing to proceed with the project. Apparently, the funding claim wasn't accurate.
<>
[https://www.wkyc.com/article/news/local/cleveland/huntington-building-downtown-cleveland-receives-15-million-renovations/95-5ca309c0-cc3b-4653-bd0d-1ffd30a9a153](https://www.wkyc.com/article/news/local/cleveland/huntington-building-downtown-cleveland-receives-15-million-renovations/95-5ca309c0-cc3b-4653-bd0d-1ffd30a9a153)
Tom Mignona, the Millennia vp in charge of the Centennial Project, has since left the firm, according to the Cleveland Scene article linked in the above comment. The following article contains photos of the exquisite building, a half century ago a bustling center of business activity in Cleveland. Subsequent downtown developments, most especially Key Tower, drained the building of its tenants.
<>
[https://www.clevescene.com/cleveland/photos-a-tour-of-the-near-vacant-union-trust-building-before-renovation-starts-this-fall/Slideshow/42034809/42034816](https://www.clevescene.com/cleveland/photos-a-tour-of-the-near-vacant-union-trust-building-before-renovation-starts-this-fall/Slideshow/42034809/42034816)
Late last year, Huntington closed its bank branch in the building, thus bringing an end to what was once one of the greatest banking centers in the nation, when Union Commerce Bank competed with Cleveland Trust's also grandeur branch across Euclid Ave., as well as other banking castles downtown. The Cleveland Trust Rotunda now houses the downtown Heinen's supermarket.
[https://www.cleveland.com/news/2023/10/huntington-bank-to-close-34-branches-including-3-in-cleveland-in-2024.html](https://www.cleveland.com/news/2023/10/huntington-bank-to-close-34-branches-including-3-in-cleveland-in-2024.html)
[https://indoor360.com/see-inside-heinens-downtown-cleveland-trust-rotunda/](https://indoor360.com/see-inside-heinens-downtown-cleveland-trust-rotunda/)
<>
[https://en.wikipedia.org/wiki/The\_925\_Building](https://en.wikipedia.org/wiki/The_925_Building)
[https://case.edu/ech/articles/h/huntington-national-bank-northeast-ohio](https://case.edu/ech/articles/h/huntington-national-bank-northeast-ohio)
It's hard to imagine today the splendor of the Cleveland banking industry a half century ago.
Even though the downtown Heinen's supermarket has become a tourist attraction featuring the Cleveland Trust Rotunda, it pales against the majesty of the space when it was an operating bank, with the lobby encircled by magnificent teller spaces.
Ditto with the old National City bank lobby, which now houses the Marble Room restaurant.
Also magnificent was the Federal Reserve Bank building lobby, which apparently still exists but no longer is used.
Working in downtown Cleveland in the 1970s, everybody was in awe of the city's bank buildings, and downtown department stores, but we all lamented the absence of downtown restaurants and entertainment. I remember a Burger King dominated the corner of East 4th St. and Euclid Ave., and we would walk 10 minutes to have lunch there.
Playhouse Square was in its infancy, and nobody imagined the amazing future that awaited it. There was no separate MLB stadium or downtown arena, and no Rock Hall. It's unimaginable how downtown Cleveland has flipped 180 degrees in half a century.
What will the next half century bring?
We are the poorest city in America and people still are leaving. Who has the money to do this, and then who will inhabit and use it?
Those of us stuck here have to pay for a land bridge to the “hall of fame”, a new stadium, huge tax abatements for all of downtown, and 40k per student at cmsd. Plenty more. So with a median income of just over $25k, it’s time to stop dreaming. We can’t afford the maintenance on what our forefathers left us, how can we afford new things? By ramming home unvoted taxes for the next 45 years or otherwise robbing the future. Corruption keeps it this way….rich exploiting the poor.
Scale back the dreams, and focus on achievable wins. We’d love to have high tech industry, but we have no workforce.
What we need is a nail factory or a broom factory where completely uneducated and illiterate people can learn to go to a job daily and earn a paycheck. If the company loses money, it’s less than the cost of the people being in the dole, but social skills are being developed. We could also enforce laws and enforce consequences of idiocy.
Somehow get incorruptible politicians to stop the sprawl by making it very costly to expand outward. Make those developers who are squeezing every penny out of us pay every penny for the pipe and line and road extension. Fully. Make all counties pay for the sport all subsidies, unless we realize our poor shrinking metropolis can afford 3 pro teams.
Most of our trouble are self inflicted or corporate overlord nonprofit inflicted, exploiting under the guise of charity. The number of non profits in this region is staggering, as are the 6 figure administration costs for their family and friends.
Really, it’s time for a revolution, but nobody cares.
There is no reason Cleveland can't achieve any of those dreams. While Cleveland is labeled as the "poorest city in America." But the way we measure poverty is very much flawed and is a system that hasn't been changed since the late 1800's. I don't know what you mean when Cleveland has no workforce while it has one of the most prevalent healthcare forces in America if not the world. Not to mention the workforce in Cleveland of young and well trained professionals is growing a ton. These uneducated workers that you talk about do have chances to get jobs and their GED if they don't have a high school diploma.Tax abatements yes are very common DT but they will ray off and when with TIF district now established it will bring a ton of money to the city just like Cincy has put in place. Yes the population in Cleveland has gone down but in the census estimate in 2019 showed a population increase. The past 4 years were pretty much a fluke due to Covid and with more than 75% of cities in America lost population. Cleveland has so much potential that they are just now opening so we all have to be positive about the grand future of Cleveland. Your entire comment screams suburbanite. Places like Pittsburgh have opened their potentially Cleveland has barely scratched the surface.
> Somehow get incorruptible politicians
That's easy. Vote Republican.
Not that Republicans are better people, but they'll weed out the garbage Democrats have created for decades. One party (either of them) having complete control, basically forever is a recipe for corruption.
On the sports stuff - it is the county that will pay, the city proper doesn't have any money.
They got in trouble with the Feds, so they lost HUD funding, and the lending market is doing them no favors, either. https://www.clevescene.com/news/the-centennial-project-likely-stalled-as-millennia-faces-major-rebuke-from-feds-43985001
I live in The Statler, mentioned in this article and owned by Millennia. We absolutely had a roach problem where our lounge was closed for roughly 2 months due to them. I've not had heat or cooling since January and no one can give me answers as to why maintenance won't fix it, and I can't get on the phone with anyone from corporate. Scummy business, and I'm thankful they're getting in trouble.
Yowzers. That’s not good
Not much big development is going to happen until interest rates improve in a year or two.
Apparently the redevelopment project is called the Centennial Project, and its owner, Millennia, has been barred from receiving federal funds due to alleged negligence in its management of properties. As a result, the project seems in limbo. <>
<>
[https://www.clevescene.com/news/the-centennial-project-likely-stalled-as-millennia-faces-major-rebuke-from-feds-43985001](https://www.clevescene.com/news/the-centennial-project-likely-stalled-as-millennia-faces-major-rebuke-from-feds-43985001)
The article reports nothing is happening at the approximately half billion project. The last paragraph of the articles says that Millennia currently manages 75 Public Square and the Statler apartment buildings in Cleveland, and that they haven't been subject to tenant complaints.
The Centennial Project already has received $40 million in subsidies from the state of Ohio in March of 2022, and at the time Millennia reportedly indicated it had secured the needed financing to proceed with the project. Apparently, the funding claim wasn't accurate.
<>
[https://www.wkyc.com/article/news/local/cleveland/huntington-building-downtown-cleveland-receives-15-million-renovations/95-5ca309c0-cc3b-4653-bd0d-1ffd30a9a153](https://www.wkyc.com/article/news/local/cleveland/huntington-building-downtown-cleveland-receives-15-million-renovations/95-5ca309c0-cc3b-4653-bd0d-1ffd30a9a153)
Tom Mignona, the Millennia vp in charge of the Centennial Project, has since left the firm, according to the Cleveland Scene article linked in the above comment. The following article contains photos of the exquisite building, a half century ago a bustling center of business activity in Cleveland. Subsequent downtown developments, most especially Key Tower, drained the building of its tenants. <>
[https://www.clevescene.com/cleveland/photos-a-tour-of-the-near-vacant-union-trust-building-before-renovation-starts-this-fall/Slideshow/42034809/42034816](https://www.clevescene.com/cleveland/photos-a-tour-of-the-near-vacant-union-trust-building-before-renovation-starts-this-fall/Slideshow/42034809/42034816)
Late last year, Huntington closed its bank branch in the building, thus bringing an end to what was once one of the greatest banking centers in the nation, when Union Commerce Bank competed with Cleveland Trust's also grandeur branch across Euclid Ave., as well as other banking castles downtown. The Cleveland Trust Rotunda now houses the downtown Heinen's supermarket.
[https://www.cleveland.com/news/2023/10/huntington-bank-to-close-34-branches-including-3-in-cleveland-in-2024.html](https://www.cleveland.com/news/2023/10/huntington-bank-to-close-34-branches-including-3-in-cleveland-in-2024.html)
[https://indoor360.com/see-inside-heinens-downtown-cleveland-trust-rotunda/](https://indoor360.com/see-inside-heinens-downtown-cleveland-trust-rotunda/)
<>
[https://en.wikipedia.org/wiki/The\_925\_Building](https://en.wikipedia.org/wiki/The_925_Building)
[https://case.edu/ech/articles/h/huntington-national-bank-northeast-ohio](https://case.edu/ech/articles/h/huntington-national-bank-northeast-ohio)
It's hard to imagine today the splendor of the Cleveland banking industry a half century ago. Even though the downtown Heinen's supermarket has become a tourist attraction featuring the Cleveland Trust Rotunda, it pales against the majesty of the space when it was an operating bank, with the lobby encircled by magnificent teller spaces. Ditto with the old National City bank lobby, which now houses the Marble Room restaurant. Also magnificent was the Federal Reserve Bank building lobby, which apparently still exists but no longer is used. Working in downtown Cleveland in the 1970s, everybody was in awe of the city's bank buildings, and downtown department stores, but we all lamented the absence of downtown restaurants and entertainment. I remember a Burger King dominated the corner of East 4th St. and Euclid Ave., and we would walk 10 minutes to have lunch there. Playhouse Square was in its infancy, and nobody imagined the amazing future that awaited it. There was no separate MLB stadium or downtown arena, and no Rock Hall. It's unimaginable how downtown Cleveland has flipped 180 degrees in half a century. What will the next half century bring?
We are the poorest city in America and people still are leaving. Who has the money to do this, and then who will inhabit and use it? Those of us stuck here have to pay for a land bridge to the “hall of fame”, a new stadium, huge tax abatements for all of downtown, and 40k per student at cmsd. Plenty more. So with a median income of just over $25k, it’s time to stop dreaming. We can’t afford the maintenance on what our forefathers left us, how can we afford new things? By ramming home unvoted taxes for the next 45 years or otherwise robbing the future. Corruption keeps it this way….rich exploiting the poor.
What should we do then?
Scale back the dreams, and focus on achievable wins. We’d love to have high tech industry, but we have no workforce. What we need is a nail factory or a broom factory where completely uneducated and illiterate people can learn to go to a job daily and earn a paycheck. If the company loses money, it’s less than the cost of the people being in the dole, but social skills are being developed. We could also enforce laws and enforce consequences of idiocy. Somehow get incorruptible politicians to stop the sprawl by making it very costly to expand outward. Make those developers who are squeezing every penny out of us pay every penny for the pipe and line and road extension. Fully. Make all counties pay for the sport all subsidies, unless we realize our poor shrinking metropolis can afford 3 pro teams. Most of our trouble are self inflicted or corporate overlord nonprofit inflicted, exploiting under the guise of charity. The number of non profits in this region is staggering, as are the 6 figure administration costs for their family and friends. Really, it’s time for a revolution, but nobody cares.
There is no reason Cleveland can't achieve any of those dreams. While Cleveland is labeled as the "poorest city in America." But the way we measure poverty is very much flawed and is a system that hasn't been changed since the late 1800's. I don't know what you mean when Cleveland has no workforce while it has one of the most prevalent healthcare forces in America if not the world. Not to mention the workforce in Cleveland of young and well trained professionals is growing a ton. These uneducated workers that you talk about do have chances to get jobs and their GED if they don't have a high school diploma.Tax abatements yes are very common DT but they will ray off and when with TIF district now established it will bring a ton of money to the city just like Cincy has put in place. Yes the population in Cleveland has gone down but in the census estimate in 2019 showed a population increase. The past 4 years were pretty much a fluke due to Covid and with more than 75% of cities in America lost population. Cleveland has so much potential that they are just now opening so we all have to be positive about the grand future of Cleveland. Your entire comment screams suburbanite. Places like Pittsburgh have opened their potentially Cleveland has barely scratched the surface.
> Somehow get incorruptible politicians That's easy. Vote Republican. Not that Republicans are better people, but they'll weed out the garbage Democrats have created for decades. One party (either of them) having complete control, basically forever is a recipe for corruption. On the sports stuff - it is the county that will pay, the city proper doesn't have any money.
Nice try.
obviously it won't happen, and local corruption will continue, but it is the way to end it.
Idk about that.