The proposed plan to save the iconic Shaker Square garnered widespread support from most Cleveland City Council members, so how did it end up back at square one at the 11th hour?
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There won’t be a deal to rescue Shaker Square in time for the holidays. Cleveland officials and nonprofit leaders answered questions about a proposed $12 million deal for Shaker Square at a public meeting at York Rite Masonic Temple on Kinsman Road Friday morning, but Ward 4 interim councilwoman Anita Gardner withheld her support, leaving it to her successor to decide.
The City of Cleveland wants to spend $12 million to rescue Shaker Square from receivership, turn it over to nonprofits for repairs, and sell it to a new owner. Some critics, though, say the city is overpaying for the center and it’s a waste of precious tax dollars. With repair needs looming and tenants leaving the square, City Council is set to vote on a deal as early as next week.