Mayor Justin Bibb

Cleveland, Bedrock seek $1 billion for riverfront development

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City Planning Commission today voted unanimously to recommend that City Council approve a 45-year, project-specific tax-increment financing (TIF) deal with Bedrock Real Estate to generate $400 million for infrastructure to support Bedrock’s $3.5 billion riverfront development. This would create a second, albeit smaller TIF district downtown to support major waterfront and urban core improvements.

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Cleveland’s lakefront has something no other major Great Lakes city has

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When looking at Chicago’s enviable lakefront, it never had it. Toronto’s did, but not anymore. Same with Milwaukee’s and Hamilton’s but due to different circumstances. Detroit, Buffalo, Toledo and smaller cities like Green Bay and Erie never did. What are we talking about here? A busy mainline freight railroad routed along a major Great Lake city’s downtown waterfront.

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Cleveland seeks one big grant for lakefront connector, Shoreway Blvd, multimodal station

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In one of the largest single federal grant requests ever by the city of Cleveland, Mayor Justin Bibb’s administration is seeking $268 million from the federal government to tackle four main lakefront improvement projects simultaneously. The projects, which include reconfiguring the Shoreway highway into a boulevard with intersections, have the backing of the Ohio Department of Transportation (ODOT), Cuyahoga County and others.

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Differing views, values on Downtown Lakefront causing Browns to consider Brook Park

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As the old saying goes, “Show me your budget — I will tell you what you value.” Along those same lines, if you want to know what Cleveland city officials vs. the owners of the Cleveland Browns want from their returns on investment in the lakefront, show me your actions, not your words.

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Cleveland’s Central-Fairfax: the next hot zone?

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Cleveland’s Central and Fairfax neighborhoods haven’t been a hot zone for new real estate development since the Jazz Age of the 1920s and 30s. Back then, streets like Cedar, Central and Quincy were hopping with jazz clubs, speakeasies, flappers and gangsters. Aside the many night spots were factories that hummed with tens of thousands of jobs during the daytime hours. Most were tightly clustered along the four-tracked Pennsylvania Railroad that was elevated in 1915 to reduce traffic congestion.

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Three redevelopments to boost Cleveland’s Lee-Harvard

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Three large redevelopment sites totaling nearly 20 acres in Cleveland’s Lee-Harvard neighborhood are the subject of city efforts to focus investment on them. The effort is intended to reverse decades of disinvestment that has occurred on Cleveland’s southeast side by producing jobs, new housing and catalyzing more investment. In fact, there’s some evidence that such a reversal is already underway.

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