CLE City Council makes major announcement in $140M transformatio - Cleveland 19 News Cleveland, OH

CLE City Council makes major announcement in $140M transformation at The Q

(Source: WOIO) (Source: WOIO)
(Source: The new Q) (Source: The new Q)
DOWNTOWN CLEVELAND, OH (WOIO) -

Cleveland City Council President Kevin Kelley, joined by officials from Mayor Frank G. Jackson's office and various civic leaders, including County Executive Armond Budish, held a news conference Monday, announcing a major development in the proposal to renovate the Quicken Loans Arena.

"The proposed Q renovation is an all-around good deal," said Council President Kelley. "But the deal just got better."

The Cleveland City Council is expected to vote Monday night on whether to support funding for renovations to the Quicken Loans Arena renovations. 

If the measure passes the city council by a two-thirds vote, or 12 councilmembers, then it would go into effect right away. If the measure passes by anything less than two-thirds, the measure wouldn’t become law for 30 days. In that time, before the law goes into effect, citizens could petition for a referendum to take the issue to the voters. 

The Cuyahoga County Council voted in favor of using county funds to support the Q renovations, and the Cavaliers have also committed funds to upgrade the 23-year-old arena. 

One of the councilmembers who plans to vote no Monday night is Zack Reed.

"I am not against the deal. I am not against the renovations to the Q. I’m not against the renaissance and the renovations of downtown. I’ve supported it and I will continue to support it, but the question is how do you keep doing the same thing over and over and getting the same results," said Reed. "You can’t continue to do the same things over and over utilizing tax payers money for a small segment of the population when a large segment of the population are suffering every single day."

Reed said for him, it’s a matter of priorities, and deciding what’s the best use of taxpayer money for the most people. Reed said if it were up to him, he would try to go back to the bargaining table and negotiate a deal where communities, other than downtown, receive something. 

"First-of-all, the Cleveland Cavaliers aren’t leaving. Let’s be clear. Second-of-all even if they were to leave it wouldn’t be until seven years down the line," said Reed. "We’ve got an issue right before us right now and that issue before us right now is crime, unemployment and communities that are suffering every single day under this administration."

But many in Cleveland are concerned about one major idea.

"If we don’t take care of the facilities in which our professional sports teams play we are at risk of losing them," said attorney Fred Nance, at the press conference announcing plans to renovate the Q arena.  

The 3:30 p.m. news conference will take place on the front steps of City Hall.  

THE SKINNY:

  • No taxes will be raised and no cuts will be taken.
  • The Q would remain open during construction, which would begin in 2017 and take approximately two years.
  • As part of the reconstruction, the building would be modernized with a glass front and public gathering spaces would be added. 
  • A new arena would cost an estimated $600 million.
  • In 2016, The Q generated $245 million in direct spending and $44 million in tax revenue, supporting 4,800 jobs.
  • Monies to help pay for the project will come from Destination Cleveland, contributing hotel taxes, and Cavs playoffs and admission taxes.
  • If those taxes fall short the money will be made up through a rent adjustment at The Q.
  • The Q is already 23 years old.
  • The Cavs signed an extended lease. They will be in Cleveland until 2034.
  • The NBA has promised to bring All-Star Week to Cleveland once the project is complete.
  • Construction will bring new jobs.

Transformation costs breakdown

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