The City of Cleveland Heights has released a Request for Development Proposals (RDFP) that it hopes will lure new office space, jobs and tax revenue to the inner ring suburb. The city is asking for development ideas for a 39,000-square-foot parcel at Lee and Meadowbrook roads in the heart of the Cedar-Lee commercial district. Responses are due in January.
Given that two high-end condo projects proposed here in the mid-2000's never came to fruition, the city evidently is hoping the third time's the charm. After the demise of these projects, the city land-banked the site, tearing up the asphalt parking lot and planting grass.
Yet Howard Thompson, the city's Director of Economic Development, says there is reason for optimism in the city's new approach, which is more broadly focused on economic development rather than pinpointing for-sale housing.
"I see the growth happening in University Circle, and I want to tap into that," he says. "There are healthcare and technology professionals living in Cleveland Heights, and my goal is to drive business development opportunities here."
Although this streetcar suburb is isolated from highways, Thompson says it enjoys many locational advantages, including its walkable, urban streetscape and amenity-rich environment. "Areas like MidTown are still at the beginning stages, yet here you have 27 different restaurants directly around you," he says.
The city also owns a 377-space parking garage directly behind the project site, 82 spaces of which are dedicated towards whatever building is ultimately developed.
As for public-private partnerships, Thompson says that the City of Cleveland Heights is ready to provide assistance if it is needed. "We're asking developers to spell out in their proposals what kinds of assistance they'd be asking for."
Source: Howard Thompson
Writer: Lee Chilcote