Bridgeworks wins financing, start date

Thanks to the closing of a financing gap, developers of the long-planned,
15-story Bridgeworks tower at the northeast corner of West 25th Street
and the Detroit-Superior Bridge anticipate demolishing vacant buildings
on the site in June with construction following immediately thereafter.
In their place will rise a mixed-use tower with apartments, hotel,
offices, retail, parking and public spaces (MASS/LDA).
CLICK IMAGES TO ENLARGE THEM.

For more than two years, a planned high-rise at the west end of the Detroit-Superior Bridge in Cleveland’s Ohio City neighborhood has sought public funding to fill a financing gap. After missing out twice on tax credits from a statewide program, the developers looked closer to home and found the resources to start and finish construction. This week, the developers united under Bridgeworks LLC were awarded the final pieces of the fiscal puzzle to the $108 million project, allowing them to start work in June, they said.

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