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Formerly known as the Rose Building, Project Scarlet also includes the smaller, neighboring Sloane Building that is amassing financing for its conversion from office building to mixed- use complex, including residential, hotel and ground-floor retail along East 9th Street in Downtown Cleveland (Diamond Signs & Graphics). CLICK IMAGES TO ENLARGE THEM. |
Although Project Scarlet is in Downtown Cleveland and Valor Acres is in suburban Cleveland, the two developments have something in common. They both won $7 million in Transformational Mixed-Use Development (TMUD) tax credits from the State of Ohio today.
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