Friday, May 23, 2025

Warner & Swasey conversion funding not there yet

Not much has changed at the long-vacant Warner Swasey factory in the
six years since this streetview was captured. But a lot could change over
the next six months, starting with a demolition of the sawtooth-shaped
factory structures to the left of the company’s brick office building which
will be kept and, if financing closes in November, renovated thereafter into
affordable apartments (Google). CLICK IMAGES TO ENLARGE THEM.

It’s been a long road for the former Warner & Swasey plant, 5701 Carnegie Ave. in Cleveland’s Midtown neighborhood, to become a useful building again. And while it doesn’t have all of its financial pieces available yet to complete its $52 million puzzle, those last five pieces have been identified and are in the process of being secured.

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