Cliff Kuang writes, "The economic rationale is that big, splashy public amenities are actually huge drivers of long-term real-estate values, attracting surrounding investment (just look at Central Park in New York, or, more recently, Millennium Park in Chicago). Though the plan has yet to secure any funding, the idea is that investing up front in the design might spark public interest and widespread support."
Comments
Cleveland
This proposal to redesign the Public Square would be the real 'mistake by the lake'. Destroying the existing historic squares? Building a wide overpass over the street to link the squares? Constructing a monkey bar metal structure identical to the failed 1970s Detroit Washington Blvd?