Tuesday, July 16, 2024

Erieview, Shoreway towers win financing

Redevelopment of the Erieview Tower got a big financial boost today when the Cleve-
land-Cuyahoga County Port Authority authorized up to $55 million in bond for the
$78 million conversion of the 40-story office building to Marriott-branded
luxury apartments (Google). CLICK IMAGES TO ENLARGE THEM.

Today, the Cleveland-Cuyahoga County Port Authority’s board approved $144 million worth of financing toward development projects with a combined price tag totaling $206.1 million. The projects include one new-construction residential tower near Edgewater Park, one renovated and converted Downtown Cleveland office tower, and a major expansion and renovation of middle school facilities in Shaker Heights.

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