Small businesses on the southeast side aren’t getting same resources as other parts of town. Huntington National Bank has partnered with the city to create a $500,000 Entrepreneur in Residence program that will target minority-owned businesses.
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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.
Community development corporations have launched a neighborhood platform to influence the next mayor’s agenda after the Nov. 2 election. They see an opportunity to not only influence a Kelley or Bibb administration, but also to help the city recover from the COVID-19 pandemic, which has disrupted city services, exacerbated disparities between residents, and wreaked havoc on local business districts.
Much like the proverbial middle child, Cleveland’s so-called middle neighborhoods, or communities like Old Brooklyn, Bellaire Puritas and Lee-Harvard that are on the edge of stability and decline, are often forgotten yet full of potential. Yet today, Village Capital Corporation announced that it has received a $1.5 million grant from the U.S. Treasury that it plans to dedicate towards lending in middle neighborhoods.
On Monday, Jan. 11 three Cleveland organizations announced a joint initiative designed to inspire residents to support local businesses while practicing social distancing. “Roam the Winter Wonderland” intends to help various Cleveland neighborhoods through the winter months of the pandemic with events and promotions through April.