New Waterfront 'Neighborhood' Announced

New $225 million mixed use development announced for prime riverfront area.

1 minute read

May 20, 2005, 6:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

A new mixed use development is proposed to reinvent a section of the Cleveland riverfront adjacent to downtown. The plan would include office, retail, for rent and for sale housing units, small parks, and a continuous public boardwalk at the river's edge. Scott Wolstein, chief executive of locally based Developers Diversified Realty Corp., said the new neighborhood will build on the housing and entertainment momentum in the Warehouse District up the hill. "We want to encourage people from the Warehouse District to take a walk down the hill," he said. "Now, [the hill] is really a wall that signifies where the Warehouse District ends and the slum and blight begins."

Thanks to Richard Sicha

FULL STORY: A New Chance for the Flats

Tuesday, May 17, 2005 in The Cleveland Plain Dealer

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