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Started 3 months ago by News
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Studies say University Park Alliance plan supported by demand, could be transformational
By Betty Lin-Fisher
Beacon Journal business writer
Published: February 2, 2012 - 12:00 AM

Two studies commissioned by the University Park Alliance group are putting numbers behind the effort to redevelop the 50-block neighborhood around the University of Akron. UPA is a nonprofit community development corporation working on the project.

READ MORE: http://www.ohio.com/business/studies-say-university-park-alliance-plan-supported-by-demand-could-be-transformational-1.258050

Posted 3 months ago #
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Development Aims to Get Rubber City Rolling Once More
Matt Bevilacqua | Next American City | Feb 6th, 2012

Last week, a study in Akron, Ohio found that a plan to revamp the former industrial city’s downtown is not only economically viable, but would bring nearly 15,000 jobs to the area within 20 years. By adding almost 5 million square feet of new office, retail and residential space to the streetscape, development would also generate about $90 million in tax revenue for the city, according to the study.

Like many Midwestern cities, Akron has an urban core anchored by several major businesses – such as tire giant Goodyear and Purell manufacturer GOJO Industries – along with a few cultural centers and a handful of hospitals. But in the space between them, there isn’t much.

READ MORE: http://americancity.org/buzz/entry/3317/

Posted 3 months ago #

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