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Title: PORT DEVELOPMENT AND FINANCING: PORT AUTHORITIES AND DOWNTOWN DEVELOPMENT: CASE STUDY FROM CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY
Accession Number: 00750082
Record Type: Component
Availability: Find a library where document is available Abstract: The American Association of Port Authorities (AAPA) estimates that more than 100 ports in the United States manage various types of enterprise operations that are largely unrelated to traditional port activities. Some port communities, as well as communities without a waterfront, much less an operating port, have used the port authority mechanism to expand their capability to finance a broad range of development projects. This article discusses a case in point, the port authority in Cleveland, Ohio, which has collaborated with other public agencies to maintain and encourage downtown development activity. Cleveland's Rock and Roll Hall of Fame and Museum may be the most dramatic and visible evidence of how the Cleveland-Cuyahoga County Port Authority development financing program has fostered a revitalization of the downtown area. However, the financing, construction, and development of a new world headquarters for Applied Industrial Technologies at a cost of $40 million is an equally compelling example of the value of port authority development financing.
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Failor, G LPagination: p. 25-27
Publication Date: 1998-5
Serial: Features: Photos
(2)
TRT Terms: Uncontrolled Terms: Geographic Terms: Subject Areas: Administration and Management; Economics; Highways; Marine Transportation; Society
Files: TRIS, TRB
Created Date: Jun 30 1998 12:00AM
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