In an opinion piece published in The Plain Dealer today, Mayor Frank G. Jackson explained to readers why the Quicken Loans Arena Deal is a good investment in the city’s neighborhoods.
Last week, Cleveland City Council passed legislation approving the city’s $88 million commitment to the Q Transformation Project.
“The Q deal is one of the best the city of Cleveland has ever made for the benefit of our residents and neighborhoods. And it’s one of the best I’ve seen in my 27-year career in public office,” Mayor Jackson wrote. “The deal requires the Cavs to extend their lease at the Quicken Loans Arena until 2034. The project is a forward-thinking investment in Cleveland’s neighborhoods, with big results now and in the future.”
The Mayor also explained last week in a Facebook Live video, posted below, more about the Q Deal and why it is a good investment for the City of Cleveland.