Events

Meeting the Demand for Housing in Cleveland’s Greater Downtown Neighborhoods

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Date: Monday, April 17, 2023
Time: 4:00 PM - 6:00 PM
Location: Roberta Steinbacher Atrium (First Floor), Maxine Goodman Levin School of Urban Affairs, 1717 Euclid Avenue, Cleveland, Ohio 44115

About This Event

The Downtown Cleveland Alliance and Greater Cleveland Partnership joins the Levin College to present a just-released study called “Downtown Cleveland Housing Market Report.” The study examines residential growth in the Greater Downtown neighborhoods. The study, conducted by Urban Partners, serves as an update and expansion of the 2018 Downtown Housing Study. The results demonstrate that Cleveland’s greater downtown area has seen significant growth over the last five years and continues to show demand for housing of all types. Panelists will respond to the study and explore how the residential development market can meet the anticipated demand for all types of new housing. Panelists will also provide insight on where they see opportunities and growth for housing in Downtown over the next five years.
 

Panelists

Teresa Metcalf BeasleyTheresa Metcalf Beasley, Chair of McDonald Hopkins’ Public Law Practice Group and Member of the Real Estate Group

Teresa Metcalf Beasley is the chair of McDonald Hopkins’ Public Law Practice Group and a member of the Real Estate Group. She has over 25 years of experience in the practice of public law, public finance and commercial real estate. She is experienced in all facets of bond transactions as well as commercial real estate transactions. Teresa has represented state, county and local governmental entities as well as for profit and non-profit entities as bond counsel and general counsel on business, economic development incentives, commercial financing, real estate matters, construction and government relations.

Teresa’s diverse legal experience spans all areas of public law and finance law including conduit transaction, general obligations, revenue obligations, tax law, securities law including continuing disclosure matters and complex financing structures involving a myriad of sources and structures.

In addition, Teresa counsels with respect to all aspects of real estate development projects including acquisition, disposition, financing, economic development incentives, land assembly, planning, zoning, including public-private partnerships.

She also works with clients in developing and maintaining strong relationships with federal, state, regional and local officials, as well as community stakeholders, to advance clients' legal and legislative matters. Teresa is a graduate of the University of Alabama and Cleveland-Marshall College of Law and has leadership roles on several nonprofit boards in the community.

Michelle JarboeMichelle Jarboe, Enterprise Reporter, Crain’s Cleveland Business

Michelle Jarboe is an enterprise reporter who writes about real estate, economic development and other topics for Crain’s Cleveland Business. Before joining Crain's in May 2020, she covered real estate for The Plain Dealer for more than a decade. A past president of the National Association of Real Estate Editors, she holds a graduate certificate in urban real estate development and finance from Cleveland State University.


Scott SkinnerScott Skinner, Vice President of Development and Director of Public Policy, NRP

Scott Skinner joined The NRP Group in 2018 and now serves as Vice President of Development and as Director of Public Policy. His responsibilities include deal origination, initial underwriting and due diligence, political approvals and community outreach for both market rate and affordable multifamily development projects in Ohio, Michigan and Indiana. He also leads NRP’s federal advocacy work to promote policies that advance affordable housing development at the national level and has proven a thought leader in advancing policies at the intersection of housing and social determinants of health.

Prior to joining NRP, Skinner served as a writer for the San Francisco Chronicle, a Peace Corps volunteer in the country of Georgia, and a corporate fundraiser for a large nonprofit organization in Washington DC.

Born and raised in northern California, Scott earned a bachelor’s degree in English from San Jose State University and an MBA from the Ross School of Business at the University of Michigan. Scott is excited about NRP’s mission of developing homes that people can be proud of, regardless of income and is passionate about building mixed-income, mixed-use communities that benefit neighborhoods.

Scott is very involved in the Cleveland community; he serves on the Board of Neighborhood Family Practice and is a member of Cleveland Bridge Builders Class of 2023. He resides in the Ohio City neighborhood of Cleveland with his wife and infant son, and can regularly be seeing walking around the neighborhood with his dog, Sophie.

Picture of Cheryl Yetka

Cheryl Yetka, The Millennia Companies

Cheryl Yetka is the Asset Manager for Key Center. Cheryl uses her years of experience in both the hospitality industry and the multi-family apartment industry to ensure financial and physical performance of Key Center, which includes Key Tower, Downtown Cleveland Marriott at Key Tower, and Memorial Plaza Garage.

Cheryl has worked as the owner’s representative/Asset Manager for 7 years. In that time, Cheryl has been a driver of financial success at Key Center. At the same time, Cheryl ensures that the project runs as one unit and ensuring our guests and tower tenants have an outstanding experience while at Key Center. Cheryl has executed on the owner’s vision to create a full and rich selection of amenities in Key Center. From several affordable options for food, to the Greatroom at The Marriott at Key Tower, along with luxury experiences in fine dining. Cheryl has hosted numerous tenant events for the Key Tower tenants both in the lobby and outside in the pavilion. Cheryl assumed responsibility for reopening the fitness center and spa, now known as Ascend Fitness and Spa. Cheryl has been instrumental in recovery efforts Post COVID. Key Tower has been leasing all the way through COVID, landing the largest lease in Cleveland in years. The Marriott at Key Tower is finally near the 2019 gross revenues under the management of Pyramid Global Management. The amenities and location are what drive Key Center’s success.

Prior to being the Asset Manager for Key Center, Cheryl was the Human Resources and Payroll Director for the Millennia Companies. Specifically, Cheryl developed and aligned HR policy with Millennia business goals, developed effective and ongoing employee training programs, and supported employee payroll.  Cheryl was actively involved in the acquisition process providing staff benchmarks and wage bands for new locations and product types.

Cheryl’s hospitality expertise includes working for branded hotels as well as high-end, all-inclusive resorts and spas. While the Human Resource function was Cheryl’s area of responsibility, Cheryl was also a member of the executive team at each hotel and worked as a part of the operational team to ensure all brand standards were met as well as meeting the financial goals of the owner. As a member of the executive team Cheryl  reviewed the financial performance of the asset on a monthly basis, working closely with each department leader to react quickly to an ever changing hotel market.

A talented and valuable member of the Millennia Companies team, Cheryl has a BA in Human Resource Management from Kent State University. Cheryl is also a Certified Hospitality Trainer through the AH&LA.
 

Sponsors

Downtown Cleveland Alliancew

Greater Cleveland Partnership