Tuesday, February 28, 2023

Ohio City high-rise may get loan, start date

Developers of Bridgeworks, a 15-story mixed-use building planned at the
west end of the Detroit-Superior Bridge, are near to closing the project’s
financing gap. That would allow demolition and construction of the $104
million development to begin as early as this spring (Mass/LDA).
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On March 14, Cuyahoga County Council is expected to vote on a proposed $2 million loan that could finally close a persistent funding gap on the planned $103.7 million Bridgeworks development. The investment would allow site demolition and construction to start as early as this spring, putting a 15-story building at the west end of the Detroit-Superior Bridge in the booming Hingetown section of Cleveland’s Ohio City neighborhood.

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