Cleveland plans private investment partnership for Square redevelopment and green space management

During the recent Shaker Heights City Council Work Session, a significant focus was placed on the ongoing "Clean and Green" initiative, which aims to enhance core city services and improve community spaces. The discussion highlighted the importance of maintaining these services as foundational to the city's overall functionality and appeal.

City officials outlined plans for collaboration with the City of Cleveland to acquire and stabilize properties, particularly in the area known as the Square. This initiative is part of a broader vision to reposition these properties for sale, although current economic conditions present challenges. Officials emphasized that any potential buyers would need to align with the community's vision, as the goal is not merely to sell but to ensure sustainable development that benefits residents.

A key aspect of the discussion was the potential creation of a conservancy for green spaces within the Square. This would help manage these areas long-term, ensuring they remain accessible and beneficial to the community, despite the financial challenges associated with maintaining real estate that does not generate revenue.

Additionally, the council reviewed housing options, with a focus on new construction opportunities. Officials indicated a preference for market-rate housing, while also acknowledging the need for affordable and workforce housing through tax credits. This balanced approach aims to address diverse housing needs within the community.

As the city moves forward with these plans, the emphasis remains on fostering partnerships with private investors to realize the vision laid out in the 2018 planning documents. The discussions at this work session reflect a commitment to enhancing Shaker Heights as a vibrant and sustainable community, with ongoing efforts to engage residents in the development process.