With their city's centennial coming up in less than 13 months, Shaker Heights officials will spend a lot of time in the new year preparing to celebrate history. But many are already looking much farther into the future, implementing the Economic Development Strategy adopted by Shaker City Council last month.

Crafted over several months with a consulting firm in Maryland, the plan outlines steps Shaker can take now and in the foreseeable future to ensure a stable and growing tax base. The fundamental step: "Instead of concentrating solely on the maintenance and improvement of Shaker Heights as a premier residential community, it must also aggressively encourage commercial development."

And not just retail development, which, the report notes, is important but less lucrative than offices. The plan names industries to target: health care and social services; design services; information systems; government and regulatory agencies; and small law firms.

The problem, the report notes, is that "Shaker Heights, similar to most first suburbs, has many commercial properties that are functionally obsolete. [The city] will need to create a climate of commercial property investment that will upgrade or replace existing facilities as well as catalyze the development of new office buildings suitable for modern tenants looking for space in a supply-rich leasing environment."

Tania Menesse, Shaker's director of economic development, is looking at several ways to achieve this citywide renovation, including tax abatements, matching funds for building improvements, and partnerships with the community development departments of local banks.

"Everything," she says, "is focused on making the [office space] supply more attractive." Two areas of Chagrin Boulevard – near Lee Road, and near Warrensville Center Road – are especially promising, due to the commercials spaces available for lease or purchase there. She foresees many new and relocating small businesses moving into these areas, once buildings constructed for larger tenants have gotten new looks and floor plans.

"As a community, we've always done a good job focusing on our neighborhoods and parks and schools," Menesse says. "But we haven't done as good a job with our commercial districts."

The timing couldn't be better, what with the Shaker Launch House business incubator opening in a former car dealership in February. Says Menesse, "We want to be the east side place for people looking to start a company."

Source: Tania Menesse
Writer: Frank W. Lewis