Cleveland Indians Ballpark and Cleveland Cavaliers were able to be developed by the Gateway Corporation.
Eminent domain was used to obtain a few of the parcels at to develop the Gateway complex. Our company owned significant assets nearby this site.
For the Lower Prospect area in downtown Cleveland, the amount of economic development and revitalization created were incredible and created a number of jobs. To this day, the “Gateway” district is one of the only thriving areas in Downtown Cleveland.
Without it, I am convinced that we would have lost the Cleveland Indians franchise to Tampa and all of the economic development that went along with it.
Eminent domain has to be used wisely and judiciously but the inability use eminent domain to help revitalize the inner city, is really bad for all landholders in urban areas.
Eminent domain has to be used wisely and judiciously but the inability use eminent domain to help revitalize the inner city, is really bad for all landholders in urban areas.
I agree.