Famicos Foundation

Ambassador Theatre building collapses

Despite multiple warnings over the past month by city officials of a potential collapse of the old Ambassador Theatre building, the building partially collapsed into Superior Avenue while a demolition request was due to be heard by a design-review committee in five days. Officials had instead urged an emergency evacuation of the occupied building and an expedited demolition.

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Hamilton Brown, Niro to lead St. Clair-Superior CDC

A well-known name in Cleveland development circles this week has lost the “interim” prefix to her job title as executive director of the St. Clair Superior Development Corporation (SCSDC) in Cleveland. Not only did Terri Hamilton Brown become the Cleveland neighborhood’s new permanent director, Michael Niro was named chair of the development corporation’s board by unanimous board votes, announced today.

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groundbreaking ceremony for The Lumos apartments

Hough busily breaking new ground

For anyone who has been watching real estate activity in recent years in Hough, they are probably no longer surprised that investment is growing here. But what may be surprising is that the pace of it continues to increase. And, with that, there’s growing interest by local and national investors to make sure that gentrification doesn’t take hold and push away people who need jobs within an easy walk, bike or bus ride of booming University Circle.

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Glenville regaining Superior density

Community development corporation Famicos Foundation proposes to build two buildings comprised mostly of apartments at two locations along Superior Avenue in Cleveland’s Glenville neighborhood. The two projects would develop underutilized properties along a once-vibrant street lined with vacant land and abandoned buildings, to provide quality workforce and senior housing that helps draw University Circle’s energy a little farther north.

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