Van Aken District

Megaproject candidates — a partial list

While a complete list of applicants for so-called “megaproject” tax credits won’t be available until sometime next week, NEOtrans has learned who a few of the local applicants are and aren’t, including at least one surprise. The deadline was today at 5 p.m. for submitting applications to the Ohio Department of Development for the second round of Transformational Mixed Use Development (TMUD) tax credits that could total $100 million.

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Mayfield Station Apartments next to Little Italy-University Circle Red Line

Circle Square, Ohio City, Van Aken District, Woodhill Station show what’s possible

Putting more residents, jobs and services next to existing rapid transit boosts Greater Cleveland’s quality of life. More real estate developers are recognizing the value to them from investing next to transit, as well as the growing number of public incentives to make those investments. In 2019, Mayfield Station Apartments was rising next to the new Little Italy-University Circle Red Line rail station. More developments like this are happening at more stations in Greater Cleveland

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