DETROIT SHOREWAY COMMUNITY DEVELOPMENT Redeveloping ORGANIZATION Neighborhoods NEIGHBORHOOD PROFILE
Access to Lake Erie and Edgewater Park Conveniently located 2 miles from downtown Cleveland Close proximity to major highways Bikeable and walkable community RTA rapid stop, and public transit busses throughout neighborhood. NEIGHBORHOOD PROFILE
As recently as the 1970 census, the Detroit Shoreway neighborhood had the highest number of people who walked to work
The closure of the two largest employers, Westinghouse and Eveready Battery, sent the neighborhood into a economic decline
By 1990, the neighborhood had a 40% poverty rate and median home sales price of $16,000
DSCDO formed to be dedicated to rebuilding the neighborhood’s housing market and to attract private sector investment through market rate housing development, acquisition and redevelopment of multi- family buildings along Detroit Avenue
With a staff of 3, DSCDO takes on monumental challenge to save the Gordon GORDON SQUARE ARCADE Square Arcade from demolition. UDAG funding allows DSCDO to purchase the building and make emergency repairs. MAY 10, 1978 EVEREADY BATTERY PLANT BATTERY PARK THE EDISON/ Breakwater Avenue: West 65th to West 58th BREAKWATER BLUFFS INDUSTRIAL REDEVELOPMENT North of Detroit Avenue 60 ACRES OF LAND WITH POTENTIAL FOR 2,000 HOUSING UNITS DSCDO AFFORDABLE HOUSING Detroit Shoreway • DSCDO owns and manages 14 apartment buildings totaling 259 units • Income levels typically range from 30% to 60% of AMGI • Aspen Place will be DSCDO’s first affordable housing project on Lorain Avenue • The Lofts at Lion Mills will be DSCDO’s first affordable housing project in the SCFBC service area
• Includes the rehabilitation of 21 existing units • Total Project Cost: $3.7 million HISTORIC SHOREWAY • The Harp & The Kennedy 1389 W. 64th St. & 6425 Detroit Ave. THE TEMPLIN BRADLEY CO. LOFTS
• The Templin-Bradley Co. Lofts is a 30-unit mixed-income development located at 5700 Detroit Avenue • Includes four live-work units • Construction on the Templin-Bradley Co. Lofts was completed in May of 2015 • Within two months, the building was at full occupancy • Total project cost: $8.2 million • DSCDO received $920,000 in developer fees for the project THE LOFTS AT LION MILLS • DSCDO received an allocation of Low Income Housing Tax Credits in the 2015 round for the Lofts at Lion Mills project • Located at 3256 West 25th Street in the Clark- Fulton neighborhood • Project consists of 36 units of affordable housing • Total Project Cost: $9.5 million • DSCDO will receive $950,000 in developer fees for the project • Project is anticipated to break ground in January 2016 ASPEN PLACE 6000 Lorain Avenue Identity Building ECO VILLAGE Greenspace Committee Bike Share Program TRANSIT ORIENTED DEVELOPMENT ECOVILLAGE INTERNATIONAL VILLAGE: ½ Mile Radius Surrounding Thomas Jefferson THE DREAM NEIGHBORHOOD Newcomers Academy LEASE PURCHASE PROGRAM SCFBC Service Area A PARTNERSHIP WITH CLEVELAND HOUSING NETWORK THE PLAN Thomas Jefferson Newcomers Academy, a CMSD school, offers over 20 different foreign languages to students new to the English language Will be the center of a community that welcomes refugees 3 Elements Social Services and Community Inclusion Refugee Related Organizations Medical Organization Social Services Residents Housing Create housing opportunities for refugees Reduce vacancy of existing housing stock Economic Development Low interest loans for new small businesses Directly addressing vacant commercial space
GORDON SQUARE ARTS DISTRICT - LEVERAGING THE ARTS AS A TOOL FOR ECONOMIC DEVELOPMENT $30M Capital Campaign
Renovation of Capitol Theatre
Renovation of Cleveland Public Theatre
Construction of Near West Theatre
Detroit Avenue Streetscape
Parking Improvements Cleveland Improvement District • Authorized by Chapter 1710 of the Ohio Revised Code • Additional property tax assessment with 60% approval of the linear street footage in a defined area • Generates $130,000 annually • Clean and safe street teams managed by Block by Block and Downtown Cleveland Alliance ($60,000) • Other outside vendors: Snow removal, lighting, planting, irrigation ($30,000) • Marketing ($10,000) • Administrative Fee ($12,000)
Community Entertainment District • Additional 15 liquor licenses issued directly by the state in the district • Sale price of $2,500 instead of up to $35,000 on the open market • Stakeholder review panel screens all CED applicants and makes a recommendation to Councilman Matt Zone • Licenses issued in a CED must remain in a CED and cannot be transferred to other districts • Builds neighborhood vibrancy, lowers barriers to entry for entrepreneurs and empowers the community through a review process CREATE SPECIAL DISTRICTS CID and CED OTHER INCENTIVES
• Neighborhood Retail Assistance Grant • Storefront Renovation Program • Job Creation Incentive Program • Municipal Small Business Initiative • Hebrew Free Loan Program • Grow Cuyahoga County Fund • ECDI: provides technical assistance and micro-loans for small business start-ups that may not qualify for traditional financing • Goldman Sachs 10,000 Small Businesses: committed a $15 million investment in Cleveland to provide education, access to financial capital and business support services to small businesses • Hispanic Business Center Source: rethinkcleveland.org