In a recent government meeting, officials discussed a transformative development project aimed at revitalizing the downtown area, which has been significantly impacted by the pandemic. The project, led by developer Tyson Mitchell, is set to incorporate sustainable features and aims to achieve enterprise green community certification.
City leaders emphasized the importance of establishing a robust community benefits agreement to ensure that local residents gain from the development. Key components of this agreement include a commitment to minority and female business participation, with targets set at 20% for minority-owned businesses, 10% for female-owned businesses, and 10% for small businesses based in Cleveland.
Additionally, the project will focus on job creation, with a goal of hiring 20% of workers from the local community, as well as providing at least five paid internships for youth aged 18 to 25. The initiative also includes plans for five registered apprenticeships aimed at adult residents and community college students.
Local artists will benefit from a dedicated budget of $150,000 to incorporate their work into the project, enhancing the cultural landscape of the area. Furthermore, the developer has agreed to offer meeting spaces for nonprofit and community organizations at reduced rates, fostering community engagement.
As downtown areas across the country face challenges in the wake of the pandemic, this project is seen as a critical step towards revitalization and economic recovery, with city officials expressing optimism about its potential impact.