Steve Cramer announces retirement, Mpls downtown recovers

Retirement


Minneapolis — Downtown Minneapolis finds a new groove, and the change of seasons is breathing new life into the heart of the city.

The number of people downtown has increased to match pre-pandemic levels, but storefronts remain empty.

“One of my favorite stats from last year was the 8.5 million people who attended our downtown events. We expect to see that number drop significantly in 2023,” said the president of Downtown Council. said Steve Cramer, CEO and CEO.

The change comes when Cramer announces his retirement after ten years at the helm, in addition to 45 years of service to the city.

“All the signs are positive in terms of where downtown is headed, so we have a great future ahead of us, with a slightly different vision, maybe a little more energy, some kind of recovery. I don’t think there’s anything wrong with someone who’s running with that ball,” Cramer explained.

From sporting events to concerts and conventions, foot traffic has returned, but Cramer’s successor still faces challenges.

“Office occupancy is about 64, 65%,” says Cramer. “The mayor has also appointed a working group, which I co-chair, to now look more specifically at the issue of some vacancies in our stores and what we can do to fill them. ”

As another important note…

“I’m betting on downtown, whether you think so or not, everyone has an interest in downtown Minneapolis in terms of its role in the economy of downtown Minneapolis and as a gateway to our city and state. We really have a stake in the success of ,” Kramer said.

Cramer’s last working day is December 1st.

He said the city has hired a company to conduct an exhaustive search to find his successor, and they hope to make an announcement in early October.

The latest local news from Twin Cities and across Minnesota, YouTube playlist:



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *