The Greater Cleveland Regional Transit Authority (GCRTA) has scheduled public hearings on proposed service reductions to address a financial crunch. But as NEOtrans first reported last month, those cuts will be less than transit agency officials first feared.
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Last fall, the Greater Cleveland Regional Transit Authority (GCRTA) warned that its worsening budget situation would mean some potentially significant service cuts starting this year. But at a GCRTA board meeting today, staff said they are making other budget cuts that would lessen those service reductions.
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For the first time in more than four decades, the Greater Cleveland Regional Transit Authority is replacing its rapid transit trains — the oldest fleet of railcars used by any U.S. transit agency. But that rare $450 million opportunity to modernize its rail system could end up 10 percent short of its goal.
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When hearing a government official prattle on about his vision for his jurisdiction, a wag once said “Don’t tell me what you support; show me your budget.” Similarly, for several years, Cuyahoga County officials have talked and planned about Transit Oriented Development (TOD). But now they’re putting their money where their mouths are.
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Cuyahoga Land Bank and Loiter Cafe and Marketplace are pleased to announce that they have settled their dueling lawsuits concerning the Mickey’s Building, 12550 Euclid Ave., in East Cleveland. The land bank and Loiter said they realized an amicable solution was achievable and in everyone’s best interest.
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Ricardo León gained something by losing something. He lost the prefix “Interim” prior to his title of “President” of the Cuyahoga Land Bank, a private, nonprofit government entity whose mission it is to acquire properties, return them to productive use, reduce blight and increase property values in Cuyahoga County.
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At an emergency meeting held yesterday, Cuyahoga Land Bank’s board of directors appointed Ricardo León as interim president of the organization after the sudden passing of its longtime leader and founder Gus Frangos last weekend.
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One week after the Cuyahoga Land Bank completed a $3.5 million renovation of the Mickey’s building, 12550 Euclid Ave., in East Cleveland, it announced the sale of the building to Verdynt Bio, a Boston-based science facility developer with strong ties to Ohio. Verdynt Bio’s operations partner, SKYLIIT Labs, said it plans to invest more than $12 million into the site to create 100 jobs in a state-of-the-art laboratory and office co-working space.
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Back when Cleveland was an industrial powerhouse, few wanted to live near its dirty, noisy industries. Today, its largest source of employment is the education and health services sector — a cleaner industry to which it’s attractive to live within a short walk or bike ride. It is centered in and near University Circle, surrounded by long-neglected neighborhoods. But investment has been coming into those places — Hough, Fairfax, Glenville, Cleveland Heights’ Top of the Hill, and East Cleveland’s Circle East — bolstering them as neighborhoods of choice.
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Many Greater Clevelanders have at least some familiarity with a place that could soon become home to many Greater Clevelanders. The owner of the former General Electric Lighting headquarters, 1975 Noble Rd. in East Cleveland, is preparing plans to convert several office buildings within the 94-acre Nela Park Campus into apartments and make those intentions known at a meeting of local stakeholders, possibly as early as this month, according to a source familiar with the project.
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