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Consumer spending is impacting the fate of development in Northeast Ohio


Americans are buying less, and some Northeast Ohio development projects are feeling the impact. Low consumer confidence is slowing the pace of many mixed-use projects, while others have been scrapped and taken back to the drawing board. In part four of our series, "NEO Development: Rebuilding Northeast Ohio," WKSU's Kevin Niedermier reports.


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2004 North Royalton city officials and residents devise a master plan for the city. They decide to include a mixed-use development with residential, office and retail space. Land purchases and rezoning begin.





2005 The city signs a deal with The Coral Company, a Northeast Ohio development firm. The agreement calls for 100 to 200 acres to be developed. For the next 2 years, the city and the developer struggle to put a viable package together. The weakening economy is the primary cause of the delays.





2008 This summer, the city and developer abandon the original plan when no up-scale retailer will commit to anchor the development. A lack of disposable income in consumers' pockets has made retailers reluctant to build new stores.

North Royalton officials and The Coral Company are working on a scaled-back plan. The hope is to take advantage of the high energy costs by building a smaller development that is more public transportation friendly, with more "green" construction.








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Support for this series was provided by the FirstEnergy Foundation.

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