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| The 88,000-square-foot Martin Luther King Jr. Plaza in Cleveland’s Hough neighborhood was sold last week to a Washington DC-based developer which seeks to redevelop the site with housing, commercial and live- work spaces (Google). CLICK IMAGES TO ENLARGE THEM |
Continued redevelopment of Cleveland’s Hough neighborhood was put into play last week following the acquisition of 4.45 acres of property which has hosted the Martin Luther King Jr. Plaza, 9300 Wade Park Ave., since 1972. Purchasing the MLK Plaza on Feb. 6 for $2.75 million was an affiliate of Northern Real Estate Urban Ventures (NREUV), according to Cuyahoga County records.
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