Although NEOtrans broke the story of Dollar Bank’s retail location move in Downtown Cleveland back in July, company officials made the news official and more detailed in an announcement yesterday.
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A $193 million redevelopment of half-empty Erieview Tower and its associated and similarly vacated Galleria shopping mall, 1301 E. 9th St., is the first big project to request a scaled-down tax abatement from the city under Mayor Justin Bibb’s new abatement policy. That policy reduces the amount of tax abatement for new construction or renovation in stable, wealthier neighborhoods in Cleveland, including downtown.
Read MoreErieview, Galleria redo: steps forward, back Read More »
