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| Shaker Square has a new future after two nonprofits acquired it last week from the Coral Company. This view looks east above Shaker Boulevard the rapid transit tracks. Shaker Square sits amid mid-rise apartment and condo buildings with single-family homes just beyond. In the distance, past the square, is Shaker Heights (KJP file). CLICK IMAGES TO ENLARGE THEM |
Community developments groups Cleveland Neighborhood Progress and Burten Bell Carr Development have purchased the historic Shaker Square shopping center. The sale keeps the property under local, community-minded ownership and triggers a process by which deferred maintenance issues can be addressed and a strategy can be developed that will stabilize the center short-term and ensure it flourishes long-term.
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