Sunday, September 3, 2023

Apartments-over-library gets funding boost

Despite no construction start date yet, the planned Karam Senior Apartments
atop a new Walz Branch Library in Cleveland’s Detroit-Shoreway neighborhood,
has a funding boost that could get the project closer to construction (Bialosky).

Delayed for more than a year, the proposed Karam Senior Living apartments over a new Walz Library branch at Detroit Avenue and West 80th Street in Cleveland’s Detroit-Shoreway neighborhood, just received the first of two funding boosts to address rising construction costs. While this funding, $2 million in American Rescue Plan Act (ARPA) funds awarded by the city of Cleveland, will close half of the funding gap for the residential portion, the remainder is still being finalized by Cuyahoga County. But it’s apparently enough to re-bid the project this fall to see what the construction numbers look like, officials said.


No comments:

Post a Comment