The city announced a new development plan Monday that could transform the lakefront area, with the potential for 1.5 million square feet of commercial projects. The plan details more than $1 billion of investment in Cleveland, with opportunities for significant public-private partnerships, according to Mayor Frank Jackson at a Monday press conference.
http://www.globest.com/news/2016_204.../315750-1.html

I wonder if this is getting the same "yeah, right" treatment it would if it was in detroit.

There is also a link to a $4 billion lakefront plan for Chicago