Richard Jacobs (businessman)
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Richard E. "Dick" Jacobs (June 16, 1925 – June 5, 2009) was an American businessman and real estate developer who co-founded the
Jacobs Entertainment Jacobs Entertainment, Inc. is a Gaming, Hospitality, and Entertainment company based in Golden, Colorado. History The company was formed by Cleveland real estate developer and former Ohio state representative Jeffrey Jacobs. In 1995, it announ ...
, Richard E. Jacobs Group, and owner of the
Cleveland Indians The Cleveland Guardians are an American professional baseball team based in Cleveland. The Guardians compete in Major League Baseball (MLB) as a member club of the American League (AL) American League Central, Central division. Since , they have ...
from 1986-1999.


Biography

Jacobs was born in 1925 in
Akron, Ohio Akron () is the fifth-largest city in the U.S. state of Ohio and is the county seat of Summit County. It is located on the western edge of the Glaciated Allegheny Plateau, about south of downtown Cleveland. As of the 2020 Census, the city ...
Hevesi, Dennis
"Richard E. Jacobs, Former Owner of Cleveland Indians, Dies at 83"
''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', 6 June 2009
In 1943, he served in the Army during
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
. In 1949, he graduated from
Indiana University Indiana University (IU) is a system of public universities in the U.S. state of Indiana. Campuses Indiana University has two core campuses, five regional campuses, and two regional centers under the administration of IUPUI. *Indiana Universi ...
with a degree in business administration and accepted a job with a development company in Akron. In 1955, he and his brother, David H. Jacobs, started a general contracting company that concentrated on the building of small strip malls. The company grew rapidly and by 1992, the Jacobs Group ranked fourth in the nation in the development and management of enclosed malls owning 40 malls in 16 states outright; they also owned 31 Wendy's fast-food restaurants and several
Marriott Hotels & Resorts Marriott Hotels & Resorts is Marriott International's brand of full-service hotels and resorts based in Bethesda, Maryland. As of June 30, 2020, there were 582 hotels and resorts with 205,053 rooms operating under the brand, in addition to 160 ...
. The Jacobs Group company builds and leases
shopping center A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collec ...
s, offices, and hotels. Among its properties are
Key Tower Key Tower is a skyscraper on Public Square in downtown Cleveland, Ohio. Designed by architect César Pelli, it is the tallest building in the state of Ohio, the 39th-tallest in the United States, and the 165th-tallest in the world. The buildi ...
and Westgate Mall in
Cleveland, Ohio Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S ...
, and Triangle Town Center in
Raleigh, North Carolina Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Sout ...
. His company also built Westland Mall,
Northland Mall Northland Mall was a shopping mall located on the north side of Columbus, Ohio, at the intersection of Morse Road and Karl Road. It opened in 1964 as an open-air shopping center. Northland was the first of the four directionally-named shopping h ...
, and Eastland Mall in
Columbus, Ohio Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, an ...
. Along with his brother, Jacobs was also well known for owning the
Cleveland Indians The Cleveland Guardians are an American professional baseball team based in Cleveland. The Guardians compete in Major League Baseball (MLB) as a member club of the American League (AL) American League Central, Central division. Since , they have ...
of
Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (A ...
(MLB) from 1986 to 1999. The Jacobs built and opened
Jacobs Field {{Infobox stadium , name = Progressive Field , nickname = ''"The Jake"'' , logo_image = Progressive_Field_Logo.svg , logo_caption = , image = , caption = Progressive Fiel ...
in
Cleveland, Ohio Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S ...
in 1994. The ballpark bore his family name from its opening in 1994 until early 2008. Jacobs' tenure as Indians owner marked one of the team's most successful periods in franchise history the team went 1119-1080 during the regular season, and 25-22 during the postseason, having reached the
World Series The World Series is the annual championship series of Major League Baseball (MLB) in the United States and Canada, contested since 1903 between the champion teams of the American League (AL) and the National League (NL). The winner of the Worl ...
on two occasions (
1995 File:1995 Events Collage V2.png, From left, clockwise: O.J. Simpson is acquitted of the murders of Nicole Brown Simpson and Ronald Goldman from the year prior in "The Trial of the Century" in the United States; The Great Hanshin earthquake str ...
, and
1997 File:1997 Events Collage.png, From left, clockwise: The movie set of ''Titanic'', the highest-grossing movie in history at the time; '' Harry Potter and the Philosopher's Stone'', is published; Comet Hale-Bopp passes by Earth and becomes one of ...
), and winning American League Central Division championships in five consecutive seasons (1995-1999). Under Jacobs ownership the Indians also hosted the 1997
All-Star Game An all-star game is an exhibition game that purports to showcase the best players (the "stars") of a sports league. The exhibition is between two teams organized solely for the event, usually representing the league's teams based on region or d ...
. Jacobs was a co-owner with his son, Jeffrey Jacobs, of
Jacobs Entertainment Jacobs Entertainment, Inc. is a Gaming, Hospitality, and Entertainment company based in Golden, Colorado. History The company was formed by Cleveland real estate developer and former Ohio state representative Jeffrey Jacobs. In 1995, it announ ...
, a casino and racetrack company after they merged companies in 2002.
Cleveland Clinic Cleveland Clinic is a nonprofit American academic medical center based in Cleveland, Ohio. Owned and operated by the Cleveland Clinic Foundation, an Ohio nonprofit corporation established in 1921, it runs a 170-acre (69 ha) campus in Cleveland, ...
's Richard E. Jacobs Health Center in
Avon, Ohio Avon ( ) is a city in northeastern Lorain County, Ohio, United States. The population was 24,847 at the 2020 census. It is part of the Cleveland metropolitan area. History In the 17th century, what is now Avon, Avon Lake, Bay Village, and We ...
bears his name. Jacobs died on June 5, 2009 after a long illness at his Westlake home. The funeral was held at the
Rocky River Rocky River may refer to: Localities * Rocky River, Ohio, USA * Rocky River, New South Wales near Uralla, Australia Electorates *Electoral district of Rocky River (South Australia) Streams In Australia: * Rocky River (New South Wales) * ...
United Methodist Church.Cleveland plain Dealer: "Quiet leader saved Indians: Richard Jacobs, 1925-2009" by Bill Lubinger
June 06, 2009
He was buried at Lakewood Park Cemetery in Rocky River, Ohio.


Awards and honors


As Indians owner

*Two-time American League Champion
1995 File:1995 Events Collage V2.png, From left, clockwise: O.J. Simpson is acquitted of the murders of Nicole Brown Simpson and Ronald Goldman from the year prior in "The Trial of the Century" in the United States; The Great Hanshin earthquake str ...
,
1997 File:1997 Events Collage.png, From left, clockwise: The movie set of ''Titanic'', the highest-grossing movie in history at the time; '' Harry Potter and the Philosopher's Stone'', is published; Comet Hale-Bopp passes by Earth and becomes one of ...
*Five-time American League Central Division Champion (
1995 File:1995 Events Collage V2.png, From left, clockwise: O.J. Simpson is acquitted of the murders of Nicole Brown Simpson and Ronald Goldman from the year prior in "The Trial of the Century" in the United States; The Great Hanshin earthquake str ...
,
1996 File:1996 Events Collage.png, From left, clockwise: A bomb explodes at Centennial Olympic Park in Atlanta, set off by a radical anti-abortionist; The center fuel tank explodes on TWA Flight 800, causing the plane to crash and killing everyone o ...
,
1997 File:1997 Events Collage.png, From left, clockwise: The movie set of ''Titanic'', the highest-grossing movie in history at the time; '' Harry Potter and the Philosopher's Stone'', is published; Comet Hale-Bopp passes by Earth and becomes one of ...
,
1998 1998 was designated as the ''International Year of the Ocean''. Events January * January 6 – The ''Lunar Prospector'' spacecraft is launched into orbit around the Moon, and later finds evidence for frozen water, in soil in permanently s ...
,
1999 File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shoot ...
) *
Cleveland Indians Hall of Fame This is a list of award winners and league leaders for the Cleveland Guardians of Major League Baseball. Awards Most Valuable Player * George Burns (1926) * Lou Boudreau (1948) *Al Rosen (1953) Cy Young * Gaylord Perry (1972) *CC Sabathia (2 ...
(class of 2009)


As a businessman

*2009
Downtown Cleveland Downtown Cleveland is the central business district of Cleveland, Ohio. The economic and symbolic center of the city and the Cleveland-Akron-Canton, OH Combined Statistical Area, it is Cleveland's oldest district, with its Public Square laid out ...
Alliance Ruth Ratner Miller Award (for his contributions in developing the downtown area - awarded posthumously)Jacobs wins award - Cleveland.com
/ref>


References


External links


The Richard E. Jacobs Group

Encyclopedia of Cleveland article about Richard's brother David and the Jacobs Group
* Ocker, Sheldon

''
Akron Beacon Journal The ''Akron Beacon Journal'' is a morning newspaper in Akron, Ohio, United States. Owned by Gannett, it is the sole daily newspaper in Akron and is distributed throughout Northeast Ohio. The paper's coverage focuses on local news. The Beacon ...
'', 5 June 2009. {{DEFAULTSORT:Jacobs, Richard 1925 births 2009 deaths American chief executives American real estate businesspeople American United Methodists Major League Baseball executives Cleveland Indians executives Cleveland Indians owners Businesspeople from Cleveland Burials at Lakewood Park Cemetery 20th-century American businesspeople 20th-century Methodists