As part of its ballpark renovation plan, the Cleveland Indians may acquire one of the largest parking garages in downtown Cleveland. The city-owned, 1,650-space Gateway East Garage, 650 Huron Rd., might then be sold to a real estate investor who would demolish some or all of the structure for redevelopment, according to two sources.
Both sources spoke off the record to NEOtrans and outlined the Major League Baseball (MLB) team’s vision for financing $435 million worth of proposed renovations to the 1994-built Progressive Field. The Indians (to be called Guardians after this season) in August signed a public-private partnership deal with the city of Cleveland, Cuyahoga County and the state of Ohio to remain at Progressive Field for at least another 15 years after the club’s current lease expires following the 2023 season. Two optional five-year lease extensions are included.
No comments:
Post a Comment