Core and shell renovations of the 150,000-square-foot Victory Center, a $26 million project located along the Health-Tech Corridor, are almost complete. Tenant build-outs will follow, and although none have signed leases yet, developer Scott Garson says that will change as his team finishes the common spaces and shows the property to more prospective tenants.
"Everybody thinks it's wonderful, great… The trick is getting the first one in," he says. "I have enough letters of intent out there that I'm confident it's only a matter of time."
Garson says the demand is there for flexible, ready-to-grow office space geared towards biomedical, research and technology companies, which is why he decided to undertake the project. He points out that nearby buildings owned by Geis Companies and Cumberland Development are almost completely full.
So far, Garson has completed the project without a bank loan, using partner equity and a $720,000 loan from the city, $2.5 million in tax increment financing, federal and state historic tax credits, and a $1 million State of Ohio job ready sites grant. Garson expects to secure bank financing in the near future for tenant build-outs.
The building's unique features include a new interior with a historic waffle slab ceiling, window wells that allow plenty of natural light, copious backup power, fiber-optic connectivity, and the right mechanicals in place for laboratory space. The building will be certified LEED Silver, saving tenants 20 percent on utility costs. Finally, it has views of downtown, free parking and HealthLine access.
"We went through a recycling program with the materials and our landscaping uses stormwater management strategies," says Michael Augoustidis of Domukur Architects, the firm that designed the project. "It's very energy-efficient."
Although he's not ready to declare victory yet, Gardon says the historic building, which was built in 1917 as the Arts Center, is nearing the goal line and ready to score.
Source: Scott Garson
Writer: Lee Chilcote
"Everybody thinks it's wonderful, great… The trick is getting the first one in," he says. "I have enough letters of intent out there that I'm confident it's only a matter of time."
Garson says the demand is there for flexible, ready-to-grow office space geared towards biomedical, research and technology companies, which is why he decided to undertake the project. He points out that nearby buildings owned by Geis Companies and Cumberland Development are almost completely full.
So far, Garson has completed the project without a bank loan, using partner equity and a $720,000 loan from the city, $2.5 million in tax increment financing, federal and state historic tax credits, and a $1 million State of Ohio job ready sites grant. Garson expects to secure bank financing in the near future for tenant build-outs.
The building's unique features include a new interior with a historic waffle slab ceiling, window wells that allow plenty of natural light, copious backup power, fiber-optic connectivity, and the right mechanicals in place for laboratory space. The building will be certified LEED Silver, saving tenants 20 percent on utility costs. Finally, it has views of downtown, free parking and HealthLine access.
"We went through a recycling program with the materials and our landscaping uses stormwater management strategies," says Michael Augoustidis of Domukur Architects, the firm that designed the project. "It's very energy-efficient."
Although he's not ready to declare victory yet, Gardon says the historic building, which was built in 1917 as the Arts Center, is nearing the goal line and ready to score.
Source: Scott Garson
Writer: Lee Chilcote
The entrepreneurs behind Piccadilly Artisan Yogurt, who opened their first location in the old Grog Shop space on Coventry Road less than a year ago, will open their second location in Ohio City this fall.
Adrian and Cosmin Bota, Romanian-born brothers who grew up in Parma, have also signed a letter of intent on a retail space at West 117th and Clifton.
The Ohio City location is a slender, 1,100-square-foot storefront that's sandwiched between Crop and Bonbon Cafe in the 2500 block of Lorain Avenue. Adrian Bota says the location, which will offer the same organic, locally-sourced frozen yogurt that's available in the Coventry store, is perfect for the urban-oriented company.
"Our whole focus was not to be in the suburbs, and to focus on urban areas we’re both interested in and want to promote," says Bota. "We were looking for areas in Cleveland that had same vibe [as Coventry Village] and that we could be a part of. Ohio City was our top choice for expansion. It's a great place because people are moving back and they're really interested in reviving that neighborhood."
Bota says the new store will feature unique, creative design with an urban flair. Ariel and Otelia Vergez of design firm Vergez Inc. helped design the interior, which will feature refinished plywood design accents, tables made from reclaimed wood, and a lounge area that might feature a porch swing (the Botas haven't made up their minds yet). Local architect John Williams developed the interior plans.
Bota says the Coventry location has been successful enough that they were able to use some of their profits to launch additional stores. Construction is underway on a third location next to Melt in the Short North district of Columbus. He is talking with representatives of Downtown Cleveland Alliance about a downtown shop.
The Bota brothers, who worked at the West Side Market as teenagers, intend to source as many ingredients as possible from the market and other local vendors.
Source: Adrian Bota
Writer: Lee Chilcote
Adrian and Cosmin Bota, Romanian-born brothers who grew up in Parma, have also signed a letter of intent on a retail space at West 117th and Clifton.
The Ohio City location is a slender, 1,100-square-foot storefront that's sandwiched between Crop and Bonbon Cafe in the 2500 block of Lorain Avenue. Adrian Bota says the location, which will offer the same organic, locally-sourced frozen yogurt that's available in the Coventry store, is perfect for the urban-oriented company.
"Our whole focus was not to be in the suburbs, and to focus on urban areas we’re both interested in and want to promote," says Bota. "We were looking for areas in Cleveland that had same vibe [as Coventry Village] and that we could be a part of. Ohio City was our top choice for expansion. It's a great place because people are moving back and they're really interested in reviving that neighborhood."
Bota says the new store will feature unique, creative design with an urban flair. Ariel and Otelia Vergez of design firm Vergez Inc. helped design the interior, which will feature refinished plywood design accents, tables made from reclaimed wood, and a lounge area that might feature a porch swing (the Botas haven't made up their minds yet). Local architect John Williams developed the interior plans.
Bota says the Coventry location has been successful enough that they were able to use some of their profits to launch additional stores. Construction is underway on a third location next to Melt in the Short North district of Columbus. He is talking with representatives of Downtown Cleveland Alliance about a downtown shop.
The Bota brothers, who worked at the West Side Market as teenagers, intend to source as many ingredients as possible from the market and other local vendors.
Source: Adrian Bota
Writer: Lee Chilcote
Cleveland Cyclewerks (CCW), a startup that manufactures and sells its own motorcycles, is set to open the first Cyclewerks-exclusive dealership at its warehouse in the Gordon Square Arts District. The owners will host a party on Saturday, October 5th with food trucks, kegs of free beer and tours of the shop, which sells accessories and also repairs bikes.
"A year ago, this place was a mess," says general manager Jon Dale. "We cleaned it out, pressure washed everything and built a new plywood floor. We wanted to keep the old building feel, though, with the brick walls and the concrete floors."
The shop at Herman and W. 65th Street will be open Monday through Friday from 9 to 5, and will soon be open on Saturdays, as well. The repair shop specializes in vintage British and Japanese bikes, and the staff can custom-build CCW bikes based on a customer's preferences. All of the company's models, including the soon-to-be-released ACE, will be on display in the store.
Owners Scott Colosimo and Jered Streng created CCW after getting laid off from their industrial design jobs in 2009. The lightweight bikes have 250cc engines, are inexpensive to maintain, and get 100 miles to the gallon. They've been described as having a "retro-futuristic" look and are priced at only $3,295.
Dale says that Colosimo and local architect Robert Maschke purchased the vacant, 70,000-square-foot warehouse, which was last home to a rubber stamping plant but built as a meat packing plant, for a small sum. They are slowly refurbishing portions of it and leasing it out to small companies or using it for CCW's operations.
CCW has grown tremendously over the past few years, and now sells bikes at 40 dealerships in the U.S. and 15 countries throughout the world. Dale, a Cleveland native, says that the company has allowed him to stay in the city and do what he loves.
"Not only is my passion my job, but I get to help revive the city," he says.
Source: Jon Dale
Writer: Lee Chilcote
"A year ago, this place was a mess," says general manager Jon Dale. "We cleaned it out, pressure washed everything and built a new plywood floor. We wanted to keep the old building feel, though, with the brick walls and the concrete floors."
The shop at Herman and W. 65th Street will be open Monday through Friday from 9 to 5, and will soon be open on Saturdays, as well. The repair shop specializes in vintage British and Japanese bikes, and the staff can custom-build CCW bikes based on a customer's preferences. All of the company's models, including the soon-to-be-released ACE, will be on display in the store.
Owners Scott Colosimo and Jered Streng created CCW after getting laid off from their industrial design jobs in 2009. The lightweight bikes have 250cc engines, are inexpensive to maintain, and get 100 miles to the gallon. They've been described as having a "retro-futuristic" look and are priced at only $3,295.
Dale says that Colosimo and local architect Robert Maschke purchased the vacant, 70,000-square-foot warehouse, which was last home to a rubber stamping plant but built as a meat packing plant, for a small sum. They are slowly refurbishing portions of it and leasing it out to small companies or using it for CCW's operations.
CCW has grown tremendously over the past few years, and now sells bikes at 40 dealerships in the U.S. and 15 countries throughout the world. Dale, a Cleveland native, says that the company has allowed him to stay in the city and do what he loves.
"Not only is my passion my job, but I get to help revive the city," he says.
Source: Jon Dale
Writer: Lee Chilcote
There are very few properties in Cleveland where a resident can don a pair sandals and stroll straight to the beach from one's front door. But when it comes online next summer, the Shoreway Building will join that small and privileged group.
The building at 1260 W. 76th Street, once home to the Globe Machine and Stamping Company, has been used for years as a storage facility by the Catan family (of Pat Catan's Craft Centers).
With the reopening of the pedestrian tunnel at W. 76th Street -- a few feet from the building -- the Catans recognized that it was time to reenergize the building as a hub for city living.
Using a combination of state and federal historic tax credits and other financing sources, the Catans are renovating the empty building into 45 market-rate loft apartments with indoor and outdoor parking, huge windows and a common roof deck boasting matchless lake and downtown views.
The building also will feature an indoor fitness center and a small street-level retail space that could become home to a future cafe.
"These are true loft-style units," says Michael Augoustidis, an architect with Domokur Architects who helped design the project. "They have exposed brick walls, really big industrial-style windows, exposed concrete ceilings and concrete floors."
Augoustidis says the level of quality will set the building apart. All units will have gourmet kitchens featuring Corian countertops, hardwood cabinets, and boast an "urban feel."
There isn't a bad view in the building. The structure's orientation allows for stunning treetop views looking out over Edgewater Park and Lake Erie, or dramatic urban views looking out over the lake, Battery Park and downtown. You choose.
Units will be between 900 and 1,400 square feet and will lease for $1,000-1,900 per month.
Augoustidis says that units will be ready starting in May or June of next year, and that some of the old wood plank floors will be upcycled into common area design elements.
Source: Michael Augoustidis
Writer: Lee Chilcote
The building at 1260 W. 76th Street, once home to the Globe Machine and Stamping Company, has been used for years as a storage facility by the Catan family (of Pat Catan's Craft Centers).
With the reopening of the pedestrian tunnel at W. 76th Street -- a few feet from the building -- the Catans recognized that it was time to reenergize the building as a hub for city living.
Using a combination of state and federal historic tax credits and other financing sources, the Catans are renovating the empty building into 45 market-rate loft apartments with indoor and outdoor parking, huge windows and a common roof deck boasting matchless lake and downtown views.
The building also will feature an indoor fitness center and a small street-level retail space that could become home to a future cafe.
"These are true loft-style units," says Michael Augoustidis, an architect with Domokur Architects who helped design the project. "They have exposed brick walls, really big industrial-style windows, exposed concrete ceilings and concrete floors."
Augoustidis says the level of quality will set the building apart. All units will have gourmet kitchens featuring Corian countertops, hardwood cabinets, and boast an "urban feel."
There isn't a bad view in the building. The structure's orientation allows for stunning treetop views looking out over Edgewater Park and Lake Erie, or dramatic urban views looking out over the lake, Battery Park and downtown. You choose.
Units will be between 900 and 1,400 square feet and will lease for $1,000-1,900 per month.
Augoustidis says that units will be ready starting in May or June of next year, and that some of the old wood plank floors will be upcycled into common area design elements.
Source: Michael Augoustidis
Writer: Lee Chilcote
As millenials, empty nesters and other demographic groups flock to downtowns across Ohio, business improvement districts -- or BIDs -- are playing an important role in ensuring that these areas are clean and safe and that residents, office workers and property owners have the amenities they need to thrive.
A business improvement district is a defined area in which property owners pay an additional tax in order to fund projects and services that enhance the area. Downtown Cleveland has a BID, and the organization provides basic "clean and safe" services, organizes events and markets downtown to prospective residents, visitors and businesses.
This week, Downtown Cleveland Alliance, which manages the downtown BID, organized the first all-Ohio BID conference, bringing together BID leaders from across the state to network and learn about issues they share in common.
"It came from the idea that there's not a unifying organization or conference for BIDs," says Anna Beyerle with DCA. "We can learn a lot from other BIDs across Ohio. The idea was to get in the same room and throw out ideas and best practices."
Topics included food truck legislation, downtown transportation, farmers markets, placemaking, and office and retail recruitment strategies.
Participants also enjoyed several tours of downtown Cleveland and the surrounding area and had a chance to learn from Cleveland's redevelopment.
Beyerle says the conference will help BIDs, such as the one in downtown Cleveland, to become more effective. "We're up for renewal in a couple years, and we're looking at how we can improve."
Source: Anna Beyerle
Writer: Lee Chilcote
A business improvement district is a defined area in which property owners pay an additional tax in order to fund projects and services that enhance the area. Downtown Cleveland has a BID, and the organization provides basic "clean and safe" services, organizes events and markets downtown to prospective residents, visitors and businesses.
This week, Downtown Cleveland Alliance, which manages the downtown BID, organized the first all-Ohio BID conference, bringing together BID leaders from across the state to network and learn about issues they share in common.
"It came from the idea that there's not a unifying organization or conference for BIDs," says Anna Beyerle with DCA. "We can learn a lot from other BIDs across Ohio. The idea was to get in the same room and throw out ideas and best practices."
Topics included food truck legislation, downtown transportation, farmers markets, placemaking, and office and retail recruitment strategies.
Participants also enjoyed several tours of downtown Cleveland and the surrounding area and had a chance to learn from Cleveland's redevelopment.
Beyerle says the conference will help BIDs, such as the one in downtown Cleveland, to become more effective. "We're up for renewal in a couple years, and we're looking at how we can improve."
Source: Anna Beyerle
Writer: Lee Chilcote
Kelli Hanley Potts has lived in Denver and Albuquerque, where she got involved in the slow food movement, replaced her front lawn with a vegetable garden, and worked for some of those cities' top chefs. When she got the urge to move back home to Cleveland, she knew she wanted to do something food-related.
That's when she stumbled upon a business idea. Despite the rise of the local food movement, most people had no idea how to cook kale, make jam or preserve food. She asked 18 female friends if they knew how to make a pie from scratch, and only two said yes.
Additionally, many people in the local farming movement have trouble explaining and marketing their products to customers, who are largely unfamiliar with them, she explains.
There are no cooking schools in Cleveland that did what she wanted to do -- connect people back to the land and back to their grandmothers' kitchens by teaching them the age-old skills of home economics -- so she decided to create one.
"I didn't want to watch a chef in front of me and drink wine," says Hanley Potts. "I wanted to learn something. I wanted to reconnect people to the lineage of the table, help them build their own table culture."
She recently launched the Agrarian Collective, an earth-to-table lifestyle school. Her mobile cooking school is offering classes this fall that cover topics like roasting your own coffee, fermented and cultured foods, and discovering local apples, among others. She'll be teaching students how to make the perfect pesto at this weekend's Cleveland Flea.
She was aided by a $5,000 low-interest loan from Bad Girl Ventures, which enabled her to purchase supplies and begin reaching out to chefs and farmers as partners.
"This is like home ec, but not quite as official and nerdy," she says. "It's about reconnecting people. All these things we once learned and were taught, they're missing. We're teaching people the 'how' of home."
Source: Kelli Hanley Potts
Writer: Lee Chilcote
That's when she stumbled upon a business idea. Despite the rise of the local food movement, most people had no idea how to cook kale, make jam or preserve food. She asked 18 female friends if they knew how to make a pie from scratch, and only two said yes.
Additionally, many people in the local farming movement have trouble explaining and marketing their products to customers, who are largely unfamiliar with them, she explains.
There are no cooking schools in Cleveland that did what she wanted to do -- connect people back to the land and back to their grandmothers' kitchens by teaching them the age-old skills of home economics -- so she decided to create one.
"I didn't want to watch a chef in front of me and drink wine," says Hanley Potts. "I wanted to learn something. I wanted to reconnect people to the lineage of the table, help them build their own table culture."
She recently launched the Agrarian Collective, an earth-to-table lifestyle school. Her mobile cooking school is offering classes this fall that cover topics like roasting your own coffee, fermented and cultured foods, and discovering local apples, among others. She'll be teaching students how to make the perfect pesto at this weekend's Cleveland Flea.
She was aided by a $5,000 low-interest loan from Bad Girl Ventures, which enabled her to purchase supplies and begin reaching out to chefs and farmers as partners.
"This is like home ec, but not quite as official and nerdy," she says. "It's about reconnecting people. All these things we once learned and were taught, they're missing. We're teaching people the 'how' of home."
Source: Kelli Hanley Potts
Writer: Lee Chilcote
The historic Colonial and Euclid Arcades in downtown Cleveland suffered from 40 percent vacancy last year, yet this year they added a slew of new shops and have gone from half-empty to nearly completely full.
Renamed the 5th Street Arcades, the once-moribund properties have been turned around by Dick Pace of Cumberland Development, who has breathed new life into the spaces by luring entrepreneurial tenants with fresh concepts and excitement about downtown.
"Step by step, we're getting there," says Pace, who has focused on locally themed retail that serves downtown residents and office workers. "Each month, there's something new going on. Our tenants cross-market and help each other."
Last year, a retail grant competition netted Soulcraft Furniture Gallery, which opened earlier this year, and Pour Cleveland, which will open by November 1st.
Several of the businesses in the 5th Street Arcades will soon add outdoor seating, including Pour, Sushi 86 and a yet unnamed food tenant that Pace is working with.
Additional businesses that will open this fall include Herron Starr Apparel (a shoe store), The Tea Lab (a tea shop run by Bob Holcepl of City Roast), The Olive and the Grape, and a take-out vendor called C'mon Let's Eat (CLE).
Finally, Sushi 86 is expanding to create space for banquets and cooking classes, and Alphonso's, a men's and women's accessories shop, will open later this year.
"Tenants are drawn here because this is becoming known as a retail area, an area for shopping," Pace says. "That says a lot about downtown and what's happening."
Source: Dick Pace
Writer: Lee Chilcote
Renamed the 5th Street Arcades, the once-moribund properties have been turned around by Dick Pace of Cumberland Development, who has breathed new life into the spaces by luring entrepreneurial tenants with fresh concepts and excitement about downtown.
"Step by step, we're getting there," says Pace, who has focused on locally themed retail that serves downtown residents and office workers. "Each month, there's something new going on. Our tenants cross-market and help each other."
Last year, a retail grant competition netted Soulcraft Furniture Gallery, which opened earlier this year, and Pour Cleveland, which will open by November 1st.
Several of the businesses in the 5th Street Arcades will soon add outdoor seating, including Pour, Sushi 86 and a yet unnamed food tenant that Pace is working with.
Additional businesses that will open this fall include Herron Starr Apparel (a shoe store), The Tea Lab (a tea shop run by Bob Holcepl of City Roast), The Olive and the Grape, and a take-out vendor called C'mon Let's Eat (CLE).
Finally, Sushi 86 is expanding to create space for banquets and cooking classes, and Alphonso's, a men's and women's accessories shop, will open later this year.
"Tenants are drawn here because this is becoming known as a retail area, an area for shopping," Pace says. "That says a lot about downtown and what's happening."
Source: Dick Pace
Writer: Lee Chilcote
Leslie Friend will be the first person to tell you that what she does is dangerous, but it's also a real thrill and great workout. She teaches aerial silks classes, best known as the acrobatic art form of Cirque du Soleil, at two different locations in Cleveland, the Studio Cleveland and Sokol Greater Cleveland.
"It utilizes every aspect of the body: core strength, balance and flexibility," says Friend. "Most importantly for most people, it builds confidence. A lot of people have a fear of doing stuff off the ground, and this builds up their confidence."
Aerial silks athletes climb and perform acrobatic maneuvers on nylon fabrics that are rigged to the ceiling. Friend starts class participants low to the ground, and as they advance in ability, she allows them to climb higher into the air to perform tricks. She's never had an accident, although participants sometimes do get tangled.
"We've had to build a tower of mats to reach them," she says. "We always tell people, 'If you're ever in doubt, back yourself out, lower yourself to the floor.'"
In Friend's classes, silks climbers can reach heights of up to 20 feet in the air. They entwine themselves in the silks to perform spins and hang upside down.
Although aerial silks classes are growing in popularity, there still are very few places in Ohio where you can even try it. Friend's classes have become so popular this year that she's introduced software on her websites allowing people to sign up in advance.
Classes typically cost between $15 and $20, with discounts available for five-class packages. All of the classes are open to beginners as well as more advanced aerial silks athletes.
Source: Leslie Friend
Writer: Lee Chilcote
"It utilizes every aspect of the body: core strength, balance and flexibility," says Friend. "Most importantly for most people, it builds confidence. A lot of people have a fear of doing stuff off the ground, and this builds up their confidence."
Aerial silks athletes climb and perform acrobatic maneuvers on nylon fabrics that are rigged to the ceiling. Friend starts class participants low to the ground, and as they advance in ability, she allows them to climb higher into the air to perform tricks. She's never had an accident, although participants sometimes do get tangled.
"We've had to build a tower of mats to reach them," she says. "We always tell people, 'If you're ever in doubt, back yourself out, lower yourself to the floor.'"
In Friend's classes, silks climbers can reach heights of up to 20 feet in the air. They entwine themselves in the silks to perform spins and hang upside down.
Although aerial silks classes are growing in popularity, there still are very few places in Ohio where you can even try it. Friend's classes have become so popular this year that she's introduced software on her websites allowing people to sign up in advance.
Classes typically cost between $15 and $20, with discounts available for five-class packages. All of the classes are open to beginners as well as more advanced aerial silks athletes.
Source: Leslie Friend
Writer: Lee Chilcote
Next week, Lutheran Metropolitan Ministry (LMM) celebrates the grand opening of its new headquarters in a former textile manufacturing shop at E. 45th Street and Superior Avenue. The redeveloped office not only makes LMM more efficient, sustainable and accessible, it also contains a 2,400-square-foot central kitchen and 6,000-square-foot metal shop that allows the group to advance its social enterprise branch.
Michael Sering, Vice President at LMM, says that the organization is able to churn out hundreds of bike racks a year using the new metal shop. Recently, LMM inked a contract with the Cleveland Clinic to build and install an additional 136 racks. LMM employs individuals from 2100 Lakeside, a men's shelter, to make the racks.
The new, spacious central kitchen will allow LMM to continue its work to employ individuals reentering society after time in prison. LMM already prepares about 1,500 meals per day for area homeless shelters and other social service facilities.
LMM is preparing to break ground on a new community garden adjacent to 2100 Lakeside. Sering hopes to build a custom fence for the garden in the metal shop.
LMM's new administrative headquarters are named after Richard Sering, Michael Sering's father and LMM's former director. Richard Sering died of cancer 10 years ago.
Source: Michael Sering
Writer: Lee Chilcote
Michael Sering, Vice President at LMM, says that the organization is able to churn out hundreds of bike racks a year using the new metal shop. Recently, LMM inked a contract with the Cleveland Clinic to build and install an additional 136 racks. LMM employs individuals from 2100 Lakeside, a men's shelter, to make the racks.
The new, spacious central kitchen will allow LMM to continue its work to employ individuals reentering society after time in prison. LMM already prepares about 1,500 meals per day for area homeless shelters and other social service facilities.
LMM is preparing to break ground on a new community garden adjacent to 2100 Lakeside. Sering hopes to build a custom fence for the garden in the metal shop.
LMM's new administrative headquarters are named after Richard Sering, Michael Sering's father and LMM's former director. Richard Sering died of cancer 10 years ago.
Source: Michael Sering
Writer: Lee Chilcote
The founder of the successful Cleveland Flea will soon move her growing business, The Indie Foundry, into a historic mansion on St. Clair Avenue. The location will function as a co-working and classroom space aimed at helping small creative businesses to grow and flourish. It joins a growing list of new startups on that street.
"This is the business development side of a business incubator, a place where you meet other creatives," says Stephanie Sheldon. "You’re making things in the kitchen, crafting things or making stuff in the woodshop -- but when it’s time to work on your business, where do you do that? 'Hey, have you found great insurance agent? Who do you use for bookkeeping? How do you deal with a growing company?' These are the kinds of questions that the Indie Foundry is dedicated to."
The stone mansion, located behind the Slovenian National Home, is a bit of a "time capsule" that has beautiful hardwood floors, natural woodwork and two ballrooms.
Sheldon says the Indie Foundry will offer desk space and wi-fi for freelancers and creative entrepreneurs as well as classes, workshops and a slew of pop-up events.
Examples include a lecture series from Bad Girl Ventures and workshops hosted by Soulcraft, the Cleveland Culinary Launch and Kitchen, and Craft Connection.
Sheldon will also work closely with the Slovenian National Home to help improve their operations over the next year, including making the home's courtyard a signature outdoor space for events, pop-up dinners and other activities.
Source: Stephanie Sheldon
Writer: Lee Chilcote
"This is the business development side of a business incubator, a place where you meet other creatives," says Stephanie Sheldon. "You’re making things in the kitchen, crafting things or making stuff in the woodshop -- but when it’s time to work on your business, where do you do that? 'Hey, have you found great insurance agent? Who do you use for bookkeeping? How do you deal with a growing company?' These are the kinds of questions that the Indie Foundry is dedicated to."
The stone mansion, located behind the Slovenian National Home, is a bit of a "time capsule" that has beautiful hardwood floors, natural woodwork and two ballrooms.
Sheldon says the Indie Foundry will offer desk space and wi-fi for freelancers and creative entrepreneurs as well as classes, workshops and a slew of pop-up events.
Examples include a lecture series from Bad Girl Ventures and workshops hosted by Soulcraft, the Cleveland Culinary Launch and Kitchen, and Craft Connection.
Sheldon will also work closely with the Slovenian National Home to help improve their operations over the next year, including making the home's courtyard a signature outdoor space for events, pop-up dinners and other activities.
Source: Stephanie Sheldon
Writer: Lee Chilcote
There are now dozens of high-performing charter and public schools in the City of Cleveland. Yet a culture of school choice still is not the norm in many Cleveland neighborhoods, and as many as 60 percent of city families have not yet chosen a school to attend.
With the deadline looming on August 19th, those families that do not proactively choose a school will be enrolled in their neighborhood school, which may or may not be the best option depending on how the school is ranked on State of Ohio report cards.
Perhaps most startling is the fact that many high-performing schools in the city have empty seats waiting to be filled even as kids are enrolled in failing schools.
That's why the Transformation Alliance has launched an unprecedented campaign to "promote one common goal of driving enrollment to high-performing schools," says Megan O'Bryan, a nonprofit veteran who is its new Executive Director.
"The ultimate goal of the Transformation Alliance is to ensure that every child in Cleveland attends an excellent school and every neighborhood has a portfolio of high-quality school choices," says O'Bryan. "Our goal is to fill empty seats in the high-performing schools, and over time, drive demand to these good choices. In the marketplace, that demand will then naturally drive out low-performers."
Parents can learn more about school ratings at the Right School Right Now site. The group has completed three different mailers to 25,000 households promoting school choice options. Fliers have been passed out through local community groups. Families can also call 211 to learn more about school ratings.
"The goal is to get parents to look at the info and say, 'My child's school is in Academic Watch, but two miles away there's a school rated Excellent. Why?'"
Although the Transformation Alliance and this campaign are so new that they do not yet have formal goals, O'Bryan says the aim is a "cultural shift" that will take time. "I took this job because it’s an opportunity to create that cultural shift. It's very important for every single resident and the region that this shift occurs. It's a matter of equality and social justice. It's about economic success for our region."
Source: Megan O'Bryan
Writer: Lee Chilcote
With the deadline looming on August 19th, those families that do not proactively choose a school will be enrolled in their neighborhood school, which may or may not be the best option depending on how the school is ranked on State of Ohio report cards.
Perhaps most startling is the fact that many high-performing schools in the city have empty seats waiting to be filled even as kids are enrolled in failing schools.
That's why the Transformation Alliance has launched an unprecedented campaign to "promote one common goal of driving enrollment to high-performing schools," says Megan O'Bryan, a nonprofit veteran who is its new Executive Director.
"The ultimate goal of the Transformation Alliance is to ensure that every child in Cleveland attends an excellent school and every neighborhood has a portfolio of high-quality school choices," says O'Bryan. "Our goal is to fill empty seats in the high-performing schools, and over time, drive demand to these good choices. In the marketplace, that demand will then naturally drive out low-performers."
Parents can learn more about school ratings at the Right School Right Now site. The group has completed three different mailers to 25,000 households promoting school choice options. Fliers have been passed out through local community groups. Families can also call 211 to learn more about school ratings.
"The goal is to get parents to look at the info and say, 'My child's school is in Academic Watch, but two miles away there's a school rated Excellent. Why?'"
Although the Transformation Alliance and this campaign are so new that they do not yet have formal goals, O'Bryan says the aim is a "cultural shift" that will take time. "I took this job because it’s an opportunity to create that cultural shift. It's very important for every single resident and the region that this shift occurs. It's a matter of equality and social justice. It's about economic success for our region."
Source: Megan O'Bryan
Writer: Lee Chilcote
Cotton, a high-end linen store recently launched by Plantation Home owner David Stein, joins an impressive list of new businesses opening in Lakewood. The store sells mid- to high-end sheets, duvets, tablecloths and linens. It also offers tableware and "one-of-a-kind" ladies handbags, according to Stein.
Cotton opened in the ornate stone building where Kucinich once maintained a district office. The rehabbed storefront at 14400 Detroit Avenue boasts new landscaping and signage. The interior features a dramatic, high-ceilinged layout.
The new business appears to be in good company. According to Dru Siley, Director of Planning for the City of Lakewood, at least 20 new businesses have opened or are breaking ground this year in and around the downtown Lakewood core.
New downtown businesses include Humble Wine Bar, World of Beer, Avalon Exchange, Pizza Bogo, Falafel Express, Get Go, and Bob Evans (which is breaking ground this year and will open in 2014). Additionally, Paisley Monkey recently doubled in size and Eddie n' Eddie rebranded as Cerino's Casual Italian.
Outside of the downtown district, new businesses include El Carnicero, Barrio, Discount Drug Mart, Vosh, That's Nutz, G.V. Art and Design, Stem Handmade Soap, Cleveland Pickle (opening in November), Crossfit Birdtown and Sushi Raxu.
Source: Dru Siley, David Stein
Writer: Lee Chilcote
Cotton opened in the ornate stone building where Kucinich once maintained a district office. The rehabbed storefront at 14400 Detroit Avenue boasts new landscaping and signage. The interior features a dramatic, high-ceilinged layout.
The new business appears to be in good company. According to Dru Siley, Director of Planning for the City of Lakewood, at least 20 new businesses have opened or are breaking ground this year in and around the downtown Lakewood core.
New downtown businesses include Humble Wine Bar, World of Beer, Avalon Exchange, Pizza Bogo, Falafel Express, Get Go, and Bob Evans (which is breaking ground this year and will open in 2014). Additionally, Paisley Monkey recently doubled in size and Eddie n' Eddie rebranded as Cerino's Casual Italian.
Outside of the downtown district, new businesses include El Carnicero, Barrio, Discount Drug Mart, Vosh, That's Nutz, G.V. Art and Design, Stem Handmade Soap, Cleveland Pickle (opening in November), Crossfit Birdtown and Sushi Raxu.
Source: Dru Siley, David Stein
Writer: Lee Chilcote
Zack Bruell used to watch PlayhouseSquare office workers sit outside at Star Plaza and eat sandwiches in the park. He thought, They could be my customers. Now, thanks to Dynomite, a new fast-casual burger shack in the Star Plaza kiosk, many of them are.
During its first week, Dynomite frequently had lines 30-people deep and ran out of hamburger buns by 3 p.m. (don't worry, they ordered more). Bruell hopes this is an omen.
"I was basically opening it so that we could bring more people to the area," says the restaurateur, who owns five other venues in Cleveland (Parallax, Chinato, Table 45, Cowell and Hubbard, L'Albatros). "I wanted to see more street traffic. This is one of the great neighborhoods in the city, and it's in transition."
You can think of Dynomite as a kind of Zack Bruell burger clearinghouse. Modeled after the legendary Shake Shack in New York City, the venue offers four kinds of burgers that are also available at Parallax, L'Albatros, Chinato and Cowell and Hubbard. Each is different and unique. Additionally, Dynomite offers a killer chicken sandwich, regular burger, vegan burger, hot dog and chili dog.
Sides include fries, chili fries, chili, pickles and soft serve ice cream. The most expensive things on the entire menu are the signature burgers, which are priced at $8.
"We're just doing basic food, but we're doing it right," says Bruell. "We're using the same products that we're working with in all of our restaurants."
Dynomite will soon have a full liquor license. Bruell expects the revamped Star Plaza -- which is nearly complete and includes additional outdoor seating, a fire pit and concert stage -- to look and function like a downtown beer garden.
The venue is the latest addition to PlayhouseSquare, which has in recent years been evolving into a dining destination and vibrant 24-7 neighborhood.
Source: Zack Bruell
Writer: Lee Chilcote
During its first week, Dynomite frequently had lines 30-people deep and ran out of hamburger buns by 3 p.m. (don't worry, they ordered more). Bruell hopes this is an omen.
"I was basically opening it so that we could bring more people to the area," says the restaurateur, who owns five other venues in Cleveland (Parallax, Chinato, Table 45, Cowell and Hubbard, L'Albatros). "I wanted to see more street traffic. This is one of the great neighborhoods in the city, and it's in transition."
You can think of Dynomite as a kind of Zack Bruell burger clearinghouse. Modeled after the legendary Shake Shack in New York City, the venue offers four kinds of burgers that are also available at Parallax, L'Albatros, Chinato and Cowell and Hubbard. Each is different and unique. Additionally, Dynomite offers a killer chicken sandwich, regular burger, vegan burger, hot dog and chili dog.
Sides include fries, chili fries, chili, pickles and soft serve ice cream. The most expensive things on the entire menu are the signature burgers, which are priced at $8.
"We're just doing basic food, but we're doing it right," says Bruell. "We're using the same products that we're working with in all of our restaurants."
Dynomite will soon have a full liquor license. Bruell expects the revamped Star Plaza -- which is nearly complete and includes additional outdoor seating, a fire pit and concert stage -- to look and function like a downtown beer garden.
The venue is the latest addition to PlayhouseSquare, which has in recent years been evolving into a dining destination and vibrant 24-7 neighborhood.
Source: Zack Bruell
Writer: Lee Chilcote
Welcome to Cleveland, an artists' visitation weekend hosted by Northeast Shores CDC and the Community Partnership for Arts and Culture, drew about a dozen artists to Cleveland, many of whom have signed leases and are expected to move here.
"The weekend exceeded our expectations by far," says Brian Friedman, Executive Director of Northeast Shores. "We didn't know they'd be so ready to go."
The artists were impressed not only by Cleveland's affordability but also by the accessibility of the rich arts scene here, Friedman says. "For them it was really the connectedness -- there's a much stronger ability for artists to network and connect here than in many of the communities where they're from."
The artists came from Brooklyn, Boston and Atlanta, among other locations. They were responsible for getting to Cleveland, but the nonprofit partners put them up in a hotel and covered most of their costs once they got here. The group spent the weekend on a whirlwind tour of North Collinwood, Slavic Village, St. Clair Superior, Ohio City, Tremont and Detroit Shoreway. Activities included a visit to the Cleveland Museum of Art and brunch at the Beachland Ballroom.
Northeast Shores and CPAC marketed to 12,000 artists nationally for the Artist-in-Residence program. Friedman says that since launching the effort a few years ago, he's seen 83 artists move to Cleveland, open a business, or do a project here.
Some of the artists who responded to the visitation weekend weren't sure if it was real. "They weren't sure if we would try to sell them a timeshare," says Friedman. "We told them, 'Really, just come. We want you to come be creative in Cleveland.'"
Once the artists move here, the nonprofit partners will help connect them to arts organizations and community efforts in their new neighborhoods. "We'll make sure that they get connected to the fabric of what's going on," says Friedman. "We anticipate that's the beginning of developing deeper roots in Cleveland."
Source: Brian Friedman
Writer: Lee Chilcote
"The weekend exceeded our expectations by far," says Brian Friedman, Executive Director of Northeast Shores. "We didn't know they'd be so ready to go."
The artists were impressed not only by Cleveland's affordability but also by the accessibility of the rich arts scene here, Friedman says. "For them it was really the connectedness -- there's a much stronger ability for artists to network and connect here than in many of the communities where they're from."
The artists came from Brooklyn, Boston and Atlanta, among other locations. They were responsible for getting to Cleveland, but the nonprofit partners put them up in a hotel and covered most of their costs once they got here. The group spent the weekend on a whirlwind tour of North Collinwood, Slavic Village, St. Clair Superior, Ohio City, Tremont and Detroit Shoreway. Activities included a visit to the Cleveland Museum of Art and brunch at the Beachland Ballroom.
Northeast Shores and CPAC marketed to 12,000 artists nationally for the Artist-in-Residence program. Friedman says that since launching the effort a few years ago, he's seen 83 artists move to Cleveland, open a business, or do a project here.
Some of the artists who responded to the visitation weekend weren't sure if it was real. "They weren't sure if we would try to sell them a timeshare," says Friedman. "We told them, 'Really, just come. We want you to come be creative in Cleveland.'"
Once the artists move here, the nonprofit partners will help connect them to arts organizations and community efforts in their new neighborhoods. "We'll make sure that they get connected to the fabric of what's going on," says Friedman. "We anticipate that's the beginning of developing deeper roots in Cleveland."
Source: Brian Friedman
Writer: Lee Chilcote
You can add one more to the list of artisan businesses choosing North Collinwood as the place to launch and grow. Fears' Confections, a sweet shop specializing in scratch-made brownies and candies, has opened in the former Arabica space at 818 E. 185th Street.
The business, launched by Cassandra and Jeremy Fear, uses "sweets to die for" as its tagline. The bakery and confectionery offers "thick, fudgy, decadent creations made from scratch using only the freshest ingredients," its Facebook page says.
The Fears launched their business in January 2009 when Cassandra was laid off from her engineering job. What started as a part-time obsession has blossomed into a real business, even though she has since found gainful employment again. This is Fears' Confections first brick-and-mortar location (they also do catering).
Brownies became their specialty when they discovered that there was less competition in this space than in the ever-trendy cupcake and cookie category. The range of flavors includes dark chocolate orange, raspberry, peanut butter and jelly, lavender and pumpkin blondies. The candies take an hour to cook and are all hand-cut and hand-dipped.
Fears' Confections opens at 6:30 a.m. and serves Troubador Coffee out of Fairview Park. The space is shared by Simply Sweet Cupcakes, also based in Fairview Park.
Source: Fears Confections
Writer: Lee Chilcote
The business, launched by Cassandra and Jeremy Fear, uses "sweets to die for" as its tagline. The bakery and confectionery offers "thick, fudgy, decadent creations made from scratch using only the freshest ingredients," its Facebook page says.
The Fears launched their business in January 2009 when Cassandra was laid off from her engineering job. What started as a part-time obsession has blossomed into a real business, even though she has since found gainful employment again. This is Fears' Confections first brick-and-mortar location (they also do catering).
Brownies became their specialty when they discovered that there was less competition in this space than in the ever-trendy cupcake and cookie category. The range of flavors includes dark chocolate orange, raspberry, peanut butter and jelly, lavender and pumpkin blondies. The candies take an hour to cook and are all hand-cut and hand-dipped.
Fears' Confections opens at 6:30 a.m. and serves Troubador Coffee out of Fairview Park. The space is shared by Simply Sweet Cupcakes, also based in Fairview Park.
Source: Fears Confections
Writer: Lee Chilcote
John Farina and Adam Tully have been collecting art for years, and like many collectors, they've always wanted to open a gallery to showcase work of artists they love. That idea will become a reality next month as The Maria Neil Art Project opens up on Waterloo.
"There are a lot of artists in Cleveland who are either unrepresented or underrepresented," says Farina, who also recently bought a home in North Collinwood with Tully. "This work should be known. Having a space with low overhead, we can show off emerging artists that haven't been shown off before."
The cozy gallery at 15813 Waterloo will be open Friday, Saturday and Sunday starting September 6th. The first exhibition will feature artist Michaelangelo Lovelace, known for his gritty, whimsical portraits of street life in the city. Frameworks in Bedford, a framing shop, will offer framing in the space.
Farina says that the Waterloo Arts District is definitely becoming known as a good community for artists, with multiple galleries now located on the street, artists buying houses in the neighborhood and arts groups setting up shop here.
Source: John Farina
Writer: Lee Chilcote
"There are a lot of artists in Cleveland who are either unrepresented or underrepresented," says Farina, who also recently bought a home in North Collinwood with Tully. "This work should be known. Having a space with low overhead, we can show off emerging artists that haven't been shown off before."
The cozy gallery at 15813 Waterloo will be open Friday, Saturday and Sunday starting September 6th. The first exhibition will feature artist Michaelangelo Lovelace, known for his gritty, whimsical portraits of street life in the city. Frameworks in Bedford, a framing shop, will offer framing in the space.
Farina says that the Waterloo Arts District is definitely becoming known as a good community for artists, with multiple galleries now located on the street, artists buying houses in the neighborhood and arts groups setting up shop here.
Source: John Farina
Writer: Lee Chilcote
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Campbell's Sweets, a homegrown business that has three stands at the West Side Market and a store on W. 25th Street, is set to explode across Cleveland, with an additional shop in Lakewood, a production facility in Slavic Village and an east side store in the works.
"It's been two years this August since we opened the W. 25th Street store, and it's gone really well," says owner Jeff Campbell. "We predicted that we'd steal business from our market stands, but that hasn't happened. Last year, we grew 40 percent from 2011 to 2012. This year, we're headed to do that again."
In Lakewood, Campbell's will soon occupy a corner storefront at Detroit and Warren Roads. The 2,000-square-foot store will feature a tin ceiling, clay brick display wall, open production area and upcycled doors. The exterior will feature eye-catching new awnings with pictures of popcorn and cupcakes. Big storefront windows will allow passersby to see into the facility.
Campbell intends to open the store this fall. Although he's put a possible University Circle location on hold until he proves out the Lakewood store, he's actively looking for a production facility on Fleet Avenue in Slavic Village. "We're outgrowing our W. 25th space and it's challenging to keep up," he says. "We can still double our production, but we're headed to five to six times our production in the next 12 to 18 months. Fleet Avenue has us very intrigued because of the redevelopment happening there in 2014 [with the streetscape]."
Campbell's also now sells its popcorn in seven Giant Eagle stores, where it's visibly displayed in the fruit and produce area. Yet the Market District of Ohio City always will remain home. "Ohio City is the nucleus and we grow out," he says. "We're not going to go way out [into the suburbs] until we've saturated our market here."
Source: Jeff Campbell
Writer: Lee Chilcote
"It's been two years this August since we opened the W. 25th Street store, and it's gone really well," says owner Jeff Campbell. "We predicted that we'd steal business from our market stands, but that hasn't happened. Last year, we grew 40 percent from 2011 to 2012. This year, we're headed to do that again."
In Lakewood, Campbell's will soon occupy a corner storefront at Detroit and Warren Roads. The 2,000-square-foot store will feature a tin ceiling, clay brick display wall, open production area and upcycled doors. The exterior will feature eye-catching new awnings with pictures of popcorn and cupcakes. Big storefront windows will allow passersby to see into the facility.
Campbell intends to open the store this fall. Although he's put a possible University Circle location on hold until he proves out the Lakewood store, he's actively looking for a production facility on Fleet Avenue in Slavic Village. "We're outgrowing our W. 25th space and it's challenging to keep up," he says. "We can still double our production, but we're headed to five to six times our production in the next 12 to 18 months. Fleet Avenue has us very intrigued because of the redevelopment happening there in 2014 [with the streetscape]."
Campbell's also now sells its popcorn in seven Giant Eagle stores, where it's visibly displayed in the fruit and produce area. Yet the Market District of Ohio City always will remain home. "Ohio City is the nucleus and we grow out," he says. "We're not going to go way out [into the suburbs] until we've saturated our market here."
Source: Jeff Campbell
Writer: Lee Chilcote
Currently, visitors to the Carnegie-West branch of the Cleveland Public Library find an underutilized park across the street. But soon they'll stumble upon a literary wonderland of peanut butter sandwich boats with sails, spaghetti tubes and a stone soup mural.
Inspired by children's books, a love of reading and the ambition to bring families and community members together, Literary Lots will kick off Saturday, August 3rd in Novak Park in Ohio City and run for two consecutive weeks.
"This idea started with saying, 'We have a great anchor in the library, books are inspiring and we want an educated, engaged community,'" says Kauser Razvi, an Ohio City parent who has served as Project Manager for Literary Lots. "Tons of kids come to the library. Let's do this work together and offer it in a single place."
"Hopefully soon, the park is a place where people stop and say, 'What are those three sandwich boats doing there?' says Razvi, an urban strategist. "Then they want to come in and take part in a poetry slam or start doing some spaghetti art."
Programming will be offered daily at Novak Park, which is located north of Lorain on W. 38th, including art and writing events, author nights and movie nights.
The idea behind the event is to engage kids and families in reading and building a sense of community together. "The city needs to do more things for kids and families, because that's how you're going to help the city grow," says Razvi.
Project partners include Cleveland Public Library, Ohio City Writers, Art House and LAND Studio. Funders include The Cleveland Colectivo, Councilman Joe Cimperman, Neighborhood Connections and the George Gund Foundation.
Literary Lots will kick off this Saturday with community mural painting with artist Julia Kuo. Community members will help illustrate the classic story Stone Soup.
Source: Kauser Razvi
Writer: Lee Chilcote
Inspired by children's books, a love of reading and the ambition to bring families and community members together, Literary Lots will kick off Saturday, August 3rd in Novak Park in Ohio City and run for two consecutive weeks.
"This idea started with saying, 'We have a great anchor in the library, books are inspiring and we want an educated, engaged community,'" says Kauser Razvi, an Ohio City parent who has served as Project Manager for Literary Lots. "Tons of kids come to the library. Let's do this work together and offer it in a single place."
"Hopefully soon, the park is a place where people stop and say, 'What are those three sandwich boats doing there?' says Razvi, an urban strategist. "Then they want to come in and take part in a poetry slam or start doing some spaghetti art."
Programming will be offered daily at Novak Park, which is located north of Lorain on W. 38th, including art and writing events, author nights and movie nights.
The idea behind the event is to engage kids and families in reading and building a sense of community together. "The city needs to do more things for kids and families, because that's how you're going to help the city grow," says Razvi.
Project partners include Cleveland Public Library, Ohio City Writers, Art House and LAND Studio. Funders include The Cleveland Colectivo, Councilman Joe Cimperman, Neighborhood Connections and the George Gund Foundation.
Literary Lots will kick off this Saturday with community mural painting with artist Julia Kuo. Community members will help illustrate the classic story Stone Soup.
Source: Kauser Razvi
Writer: Lee Chilcote
Slavic Village Recovery, an ambitious effort to provide an extreme neighborhood makeover to a 530-acre chunk of the east side, has begun the process of purchasing 40 homes that will be rehabbed.
Two of these properties already have been put on the market with new mechanicals and other finishes for a mere $60,000, says Marie Kittredge, Executive Director of Slavic Village Development, a partner in the project along with Forest City Enterprises and Safeguard Properties.
"The model is: If my kids are 20-somethings buying their first house, what would that first house look like and what would be attractive to them?" explains Kittredge. "We have to build demand by telling the story. We believe our demographic is people who are already familiar with the neighborhood and ready to buy."
Slavic Village Recovery's innovative model focuses on renovating a majority of the vacant homes on a multi-block area around Mound Avenue and E. 54th Street, where 20- to 30-percent vacancy rates prevail. The homes are acquired from lenders and rehabbed using a model that includes all major items but does not include reconfiguring floor plans, adding bedrooms or other expensive options.
Kittredge says that the rehab costs will likely range from $40,000 to $50,000, allowing the partners to earn a small profit they can reinvest in the initiative.
"The key innovation is that there's no public subsidy," she says. "It's not possible to get the subsidy you'd need for a 25 to 50 home model. If you did just one [house], people would say that's scary. If you say, 'Hey, we're doing 20 to 25 and we have Forest City involved and major grants from Wells Fargo,' then that's different."
Kittredge expects additional homes to hit the market this fall. Last week, a group of volunteers from Forest City cleaned up 60 properties in the area. Some homes are being secured using SecureView, a new product that looks like glass but is far more durable, allowing houses to be secured without using ugly plywood boards.
Source: Marie Kittredge
Writer: Lee Chilcote
Two of these properties already have been put on the market with new mechanicals and other finishes for a mere $60,000, says Marie Kittredge, Executive Director of Slavic Village Development, a partner in the project along with Forest City Enterprises and Safeguard Properties.
"The model is: If my kids are 20-somethings buying their first house, what would that first house look like and what would be attractive to them?" explains Kittredge. "We have to build demand by telling the story. We believe our demographic is people who are already familiar with the neighborhood and ready to buy."
Slavic Village Recovery's innovative model focuses on renovating a majority of the vacant homes on a multi-block area around Mound Avenue and E. 54th Street, where 20- to 30-percent vacancy rates prevail. The homes are acquired from lenders and rehabbed using a model that includes all major items but does not include reconfiguring floor plans, adding bedrooms or other expensive options.
Kittredge says that the rehab costs will likely range from $40,000 to $50,000, allowing the partners to earn a small profit they can reinvest in the initiative.
"The key innovation is that there's no public subsidy," she says. "It's not possible to get the subsidy you'd need for a 25 to 50 home model. If you did just one [house], people would say that's scary. If you say, 'Hey, we're doing 20 to 25 and we have Forest City involved and major grants from Wells Fargo,' then that's different."
Kittredge expects additional homes to hit the market this fall. Last week, a group of volunteers from Forest City cleaned up 60 properties in the area. Some homes are being secured using SecureView, a new product that looks like glass but is far more durable, allowing houses to be secured without using ugly plywood boards.
Source: Marie Kittredge
Writer: Lee Chilcote