Wednesday, September 29, 2021

Lake-Detroit site bought by Rochester, NY developer

This high-profile property at Detroit and Lake avenues in Cleveland's
Detroit-Shoreway neighborhood just sold to a Rochester, NY develo-
per with deep pockets and an interest in developing the vacant site.
And it's not the neighborhood's only property in play. There are mul-
tiple developments in the works within a few blocks of here (Google).

A vacant property at a high-profile intersection on Cleveland’s West Side recently sold to a Rochester, NY developer with deep pockets. Although a decision hasn’t apparently been made on what will be developed at the corner of Detroit and Lake avenues, housing is the preferred use. It’s the latest of several potential developments within a few blocks of this site that could offer a mix of housing choices, retailers and jobs in a walkable, transit-friendly setting near Edgewater Park.


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