HEALTH CARE Summa Health’s $84M behavioral health facility will be open to patients later this month, aims to encourage integrated care.
SPORTS BUSINESS: Cavs connection helps Il Rione make some dough. PAGE 12
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CRAINSCLEVELAND.COM I JANUARY 23, 2023
WASTELAND NO MORE
After decades of inactivity, developers are moving dirt on Scranton Peninsula
For decades, the western side of Scranton Peninsula has been a wasteland, a forgotten stretch of Cleveland’s winding riverfront across the water from Tower City. Now workers are moving dirt for the first of two apartment projects
that will bring more than 600 homes, and upwards of 1,000 residents, to the former industrial site. Public officials and private landowners are talking about public access, a waterfront path that will connect the emerging neighborhood to a growing network of trails and parks. And Great Lakes Brewing Co. is
Ohio outpaces nation in bank branch closures BY JEREMY NOBILE
In Ohio and across the country, regional banks continued consolidating their physical branch networks at an accelerated pace in 2022, raising concerns over the equitable impact of those closures. “Branches in (low- to moderate-income) areas are already less
common,” said Jason Richardson, senior director of research for the National Community Reinvestment Coalition. “Even a small number of closures leaves sections of many cities without banks, and those tend to be in minority, LMI tracts.” See CLOSURES on Page 16
NEWSPAPER
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readying land for development near the peninsula’s base, on both sides of Carter Road. Portions of that property eventually could host a taproom and a relocated or expanded production facility. That mix of uses isn’t exactly what Fred Geis, Jesse Grant and Matthew Weiner imagined in 2017, when they
CONTRIBUTED
BY MICHELLE JARBOE
partnered to buy 25 acres from longtime owner Forest City Realty Trust Inc. But it’s not a total departure from their vision of bringing people back to a place that’s so close to — yet feels so far from — the core of downtown. See SCRANTON on Page 17
Apartment buildings will rise on both sides of Carter Road on Scranton Peninsula this year, after decades of stagnation. To the right, Edwards Communities and Silver Hills Development are developing a 304-unit project. To the left, the NRP Group is preparing to start work on a 316-unit project. | DAN SHINGLER/CRAIN’S CLEVELAND BUSINESS
Tressel reflects on his time as YSU’s president Listening to students, adapting to changing needs and more BY RACHEL ABBEY MCCAFFERTY
For Jim Tressel, serving as a university president has been an “unexpected detour” in his career, rather than a pre-planned destination. To many, Tressel is known as a high-profile football coach, having led Youngstown State University and Ohio State University to national championships. But the past decade of his career has been dedicated to leading people in a different way. After 38 years of coaching, hav-
ing left OSU during the tattoo scandal, Tressel spent some time at the University of Akron in an executive vice president role. In 2014, he took on the role of president at Youngstown State during a time of transition. He was the university’s fourth president in five years. Things have changed. Today, after nearly nine years at the helm, he’s one of the longest-serving public university presidents in the state. Tressel will step down as Youngstown State’s president at the end of January. He spoke with Crain’s about his academic career, advice for his successor and what’s next for the Tressels. The following conversation has been edited for length and clarity. See TRESSEL on Page 15
1/20/2023 11:25:32 AM