Sunday, September 15, 2024

Slavic Village redevelopment plans progress

Details about the first phase of Village 55, represented by the three buildings at right
from a rooftop patio across Broadway Avenue in Cleveland’s Slavic Village, are
becoming clearer as it seeks financing. The project intends to rejuvenate the
intersection of Broadway and East 55th Street (HDG).
CLICK IMAGES TO ENLARGE THEM.

A Cleveland-New York development partnership is seeking financing for a significant remake of the heart of Cleveland’s Slavic Village at Broadway Avenue and East 55th Street. And an application for Low Income House Tax Credits (LIHTC) is bringing more clarity to the partnership’s redevelopment plans that were first revealed publicly by NEOtrans in May 2023.

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