Leveraging Demolition Fund to Support Communities
Description
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EnglishVoice Age
Middle Aged (35-54)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
with over 900 residential when 100 commercial sites demolished. Kaya Hoga Counties Property Demolition Program is helping to create that next great place, such as the Ban Achin district, a new development in Shaker Heights. Mixed use development along the rt. A rapid line. So it's our first transportation oriented development. It's 100,000 square feet of retail, 60,000 square feet of office, and 100 and two apartment to the county awarded the district with a $4.3 million loan for construction, along with $300,000 of demolition funds. One of the challenges for first suburbs is to redevelop properties that already exist. He often hope that you could rehab them, but when you have to demolish them, the expense is really more than any private developer could take on on their own. County's contribution were critical to spurring private investment that will create the Vanik and District