Saturday, May 27, 2023

Voss factory conversion comes into focus

Different variations of plans for remaking the former Voss Industries plant
on West 25th Street in Ohio City’s Market District have been considered by
developer MRN Ltd. But none have advanced to the point where financial
assistance  has been request from Cleveland City Council — until now
(LoopNet). CLICK IMAGES TO ENLARGE THEM

Legislation was introduced this week by several Cleveland City Council members to help finance the conversion of the abandoned Voss Industries plant, 2168 W. 25th St., in Cleveland’s Ohio City neighborhood into a mixed-use complex. The projected price tag to carry out the redo is at least $62 million. While the property’s owner and developer MRN Ltd. has been kicking around various ideas for reusing the property for the last couple of years, none of those concepts have advanced as far as this stage of nailing down its financing for a specific program.

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