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	<title>land banking tools 101 Archives - Cuyahoga Land Bank</title>
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	<title>land banking tools 101 Archives - Cuyahoga Land Bank</title>
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		<title>Maximizing Impact: How a Multi-Tool Land Banking Approach Transforms Communities </title>
		<link>https://cuyahogalandbank.org/blog/maximizing-impact-how-a-multi-tool-land-banking-approach-transforms-communities/</link>
		
		<dc:creator><![CDATA[Rachel Trem]]></dc:creator>
		<pubDate>Fri, 27 Mar 2026 12:40:49 +0000</pubDate>
				<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Impact]]></category>
		<category><![CDATA[Partner]]></category>
		<category><![CDATA[Redevelopment]]></category>
		<category><![CDATA[euclid beach]]></category>
		<category><![CDATA[job creation]]></category>
		<category><![CDATA[land banking tools 101]]></category>
		<category><![CDATA[mobile home]]></category>
		<category><![CDATA[productive use]]></category>
		<category><![CDATA[redevelopment]]></category>
		<guid isPermaLink="false">https://cuyahogalandbank.org/?p=4313</guid>

					<description><![CDATA[<p>At Cuyahoga Land Bank, no two properties are the same – and neither are the solutions required to bring them back to productive use. From complex environmental cleanups to neighborhood revitalization and large-scale redevelopment, our land banking success often results from deploying multiple tools in tandem to unlock a property’s full potential.  This multi-tool approach is at the core of how we create lasting economic impact &#8230; <a href="https://cuyahogalandbank.org/blog/maximizing-impact-how-a-multi-tool-land-banking-approach-transforms-communities/">Continued</a></p>
<p>The post <a href="https://cuyahogalandbank.org/blog/maximizing-impact-how-a-multi-tool-land-banking-approach-transforms-communities/">Maximizing Impact: How a Multi-Tool Land Banking Approach Transforms Communities </a> appeared first on <a href="https://cuyahogalandbank.org">Cuyahoga Land Bank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-contrast="none">At Cuyahoga Land Bank, no two properties are the same – and neither are the solutions required to bring them back to productive use. From complex environmental cleanups to neighborhood revitalization and large-scale redevelopment, our land banking success often results from deploying multiple tools in tandem to unlock a property’s full potential.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}"> </span></p>
<p><span data-contrast="none">This multi-tool approach is at the core of how we create lasting economic impact across Cuyahoga County. By combining acquisition strategies, title work, demolition, environmental remediation, and strategic partnerships, we’re able to move properties from distressed and dormant to vibrant and valuable.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">Here are a few recent projects that demonstrate how this approach works in action.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p aria-level="3"><b><span data-contrast="none">Reimagining Euclid Beach: From Mobile Home Community to Public Greenspace</span></b><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:280,&quot;335559739&quot;:80}"> </span></p>
<p><span data-contrast="none">The transformation of the former Euclid Beach Mobile Home Community is a powerful example of collaboration paired with a comprehensive toolkit.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">Working alongside the Western Reserve Land Conservancy and with facilitation from Cleveland City Councilman Michael Polensek, the Land Bank played a central role in repositioning this lakefront property for public benefit. The project required a layered approach: accepting property through deed in lieu of tax foreclosure, clearing complex title issues, holding the land tax exempt, and ultimately overseeing demolition. </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">“The Land Bank was an exceptional partner in the Euclid Beach Transformation project,” Western Reserve Land Conservancy’s Chief Urban Program Officer, Isaac Robb said. “From participating in land use planning to helping navigate complex legal and environmental challenges, their team brought both deep expertise and a solutions-oriented mindset. The tools they bring to any project are remarkable: legal help with challenging title issues, real estate and tax expertise, not to mention housing accommodations, and demolition was critical in moving the project forward. Just as important was the professionalism and genuine compassion they bring to their work, ensuring that the process remained grounded in community impact.” </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">The process was anything but simple. More than 100 occupied mobile homes were located on the site, requiring careful coordination and compassion. Residents were </span><a href="https://signalcleveland.org/what-it-took-to-find-new-homes-for-more-than-100-euclid-beach-mobile-home-park-residents/"><span data-contrast="none">successfully relocated</span></a><span data-contrast="none"> with the help of Realty Reimagined, ensuring a people-first approach throughout the transition.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">From there, the Land Bank managed demolition and tackled the unique legal hurdles tied to mobile homes.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">“Mobile homes are treated as vehicles,” Land Bank Director of Acquisition &amp; Disposition Kim Steigerwald said. “So, on top of clearing the taxes, we had to go to the BMV to transfer the titles into our name so that we could demolish the mobile homes.”</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">After clearing the site and holding it tax exempt, the property was transferred back to the Western Reserve Land Conservancy and ultimately to the Cleveland Metroparks. The result is a once-inaccessible stretch of land now poised to become a major recreational asset.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">“It would appear that </span><a href="https://youtu.be/vza3ZQEeMuM"><span data-contrast="none">Euclid Beach Park</span></a><span data-contrast="none"> could become the Eastside Edgewater,” Steigerwald noted. “The more recreation space you have for people, the healthier it is for them.”</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p aria-level="3"><b><span data-contrast="none">Building Opportunity: Westinghouse Electric Site Assembly</span></b><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:280,&quot;335559739&quot;:80}"> </span></p>
<p><span data-contrast="none">At 2175 Ashland Road in Cleveland, the Land Bank’s multi-tool approach is helping lay the groundwork for future job creation.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">This long-vacant, tax-delinquent industrial property had gone through foreclosure and multiple unsuccessful sheriff sales before the Land Bank acquired it on behalf of Cleveland’s Site Readiness Fund (SRF). Using acquisition from forfeiture and a tax-exempt hold, the Land Bank stabilized the site while a broader redevelopment vision took shape.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">The strategy didn’t stop at a single parcel. Through coordinated efforts, additional nearby properties on Longfellow, Thackery, and Hawthorne were assembled, which created a contiguous site of more than 10 acres.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">Environmental challenges remain, but the Land Bank is addressing them head-on. “This was one of the first sites we acquired for the Site Readiness Fund,” Steigerwald said. “We applied for a U.S. EPA cleanup grant for more than $1 million that would allow us to clean up the site with help from the Ohio Department of Development demolition fund.”</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">The payoff of this approach is clear. Steigerwald continues: “The more parcels that can be assembled, the more attractive it is for manufacturers to use the site to create jobs.”</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">By combining land assembly, environmental funding and strategic holding, the project is transforming a long-neglected industrial area into a competitive development opportunity.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p aria-level="3"><b><span data-contrast="none">Stabilizing a Key Development Site in Bedford</span></b><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:280,&quot;335559739&quot;:80}"> </span></p>
<p><span data-contrast="none">At 200 Egbert Road in Bedford, the Land Bank stepped in at a critical moment to preserve momentum on a high-potential redevelopment site.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">Formerly home to the Taylor Chair Company, the property had already undergone demolition and environmental cleanup under a private developer. However, financial challenges stalled progress, putting the future of the more than 20-acre site at risk.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">Through a deed in lieu of tax foreclosure, the Land Bank acquired the parcels, cleared title issues and is now holding the property tax exempt on behalf of the City of Bedford. This intervention ensures that the site, which is considered prime for development, remains viable and positioned for future investment. </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">By stepping in with the right tools at the right time, the Land Bank helped prevent backsliding and preserved a major economic opportunity for the community.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p aria-level="3"><b><span data-contrast="none">Connecting Community Assets: Madison Park Expansion in Lakewood</span></b><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:280,&quot;335559739&quot;:80}"> </span></p>
<p><span data-contrast="none">Strategic demolition can be just as impactful as large-scale redevelopment, especially when it enhances access to community assets.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">In Lakewood, the removal of a residential structure on Halstead Avenue created a new entrance and connection point to Madison Park. This project illustrates how targeted intervention can improve neighborhood connectivity, usability, and overall quality of life.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">By clearing the way for expanded park access, Cuyahoga Land Bank helped unlock additional value from an already beloved public space to demonstrate that even smaller-scale projects can deliver meaningful community impact.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p aria-level="3"><b><span data-contrast="none">From Nuisance to Neighborhood Asset: Westlake Forfeiture Rehab</span></b><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:280,&quot;335559739&quot;:80}"> </span></p>
<p><span data-contrast="none">Not every project requires demolition. At 2916 Walter Road in Westlake, the Land Bank used acquisition from forfeiture and strategic rehabilitation to completely transform a distressed property.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">Once a severely blighted hoarder house with extensive debris and mold issues, the property was acquired after failing to sell at sheriff’s auction. Following a thorough cleanout, the Land Bank determined the home could be saved.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">The renovation was extensive and included mold remediation, new mechanical systems, roof, siding, windows, and a full interior redesign to create a modern, functional layout. The result was a high-quality home that blended seamlessly into the neighborhood.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">The project earned the Remodel of the Year Award for Best Entire Home Renovation under $250,000 from the Home Builders Association of Greater Cleveland.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">“A former nuisance property has now been given a new life and was sold at market rate to a new homeowner after renovation, putting it back on the tax rolls,” said Jennifer Vasquez-Norman, Director of Real Estate Development. “The home went from being a major source of concern for neighbors to a beautiful, high-quality renovation.”</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p aria-level="2"><b><span data-contrast="none">The Power of a Multi-Tool Approach</span></b><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:360,&quot;335559739&quot;:80}"> </span></p>
<p><span data-contrast="none">These projects may differ in size and scope, but they share a common thread: success requires more than a single solution.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p><span data-contrast="none">By combining tools – legal, financial, environmental, and operational – Cuyahoga Land Bank has been able to:</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="1" data-aria-level="1"><span data-contrast="none">Remove barriers to redevelopment</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="2" data-aria-level="1"><span data-contrast="none">Stabilize and assemble land for future investment</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="3" data-aria-level="1"><span data-contrast="none">Return properties to productive use</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="4" data-aria-level="1"><span data-contrast="none">Support job creation and economic growth</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></li>
</ul>
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="5" data-aria-level="1"><span data-contrast="none">Improve quality of life for residents</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></li>
</ul>
<p><span data-contrast="none">This flexible, comprehensive approach allows us to meet each property where it is and move it toward where it can be. And when the right tools are used together, the impact is greater than the sum of its parts.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}"> </span></p>
<p>The post <a href="https://cuyahogalandbank.org/blog/maximizing-impact-how-a-multi-tool-land-banking-approach-transforms-communities/">Maximizing Impact: How a Multi-Tool Land Banking Approach Transforms Communities </a> appeared first on <a href="https://cuyahogalandbank.org">Cuyahoga Land Bank</a>.</p>
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		<title>Land Banking Tools 101: Cuyahoga Land Bank Serves as a Pass-Through</title>
		<link>https://cuyahogalandbank.org/blog/land-banking-tools-101-cuyahoga-land-bank-serves-as-a-pass-through/</link>
		
		<dc:creator><![CDATA[The Cuyahoga Land Bank]]></dc:creator>
		<pubDate>Thu, 12 Jun 2025 14:49:40 +0000</pubDate>
				<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Neighborhood]]></category>
		<category><![CDATA[Redevelopment]]></category>
		<category><![CDATA[Special Projects]]></category>
		<category><![CDATA[boosting economy]]></category>
		<category><![CDATA[Cleveland Heights]]></category>
		<category><![CDATA[land banking tools 101]]></category>
		<category><![CDATA[pass-through]]></category>
		<category><![CDATA[revitalization]]></category>
		<category><![CDATA[Taylor Road Synagogue]]></category>
		<category><![CDATA[transformation]]></category>
		<category><![CDATA[WXZ Development]]></category>
		<guid isPermaLink="false">https://cuyahogalandbank.org/?p=3708</guid>

					<description><![CDATA[<p>Cuyahoga Land Bank often touts its unique and available resources at hand to help the process of returning non-productive land or structures to productive use. Oftentimes, these tools require collaboration with government agencies for land assembly purposes. Other times, we work to clear titles. Serving as a pass-through entity is a third. In this regular &#8230; <a href="https://cuyahogalandbank.org/blog/land-banking-tools-101-cuyahoga-land-bank-serves-as-a-pass-through/">Continued</a></p>
<p>The post <a href="https://cuyahogalandbank.org/blog/land-banking-tools-101-cuyahoga-land-bank-serves-as-a-pass-through/">Land Banking Tools 101: Cuyahoga Land Bank Serves as a Pass-Through</a> appeared first on <a href="https://cuyahogalandbank.org">Cuyahoga Land Bank</a>.</p>
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										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Cuyahoga Land Bank often touts its unique and available resources at hand to help the process of returning non-productive land or structures to productive use. Oftentimes, these tools require collaboration with government agencies for land assembly purposes. Other times, we work to clear titles. Serving as a pass-through entity is a third. In this regular series &#8211; Land Banking Tools 101, we will be offering a look at the different implements the Land Bank has at its disposal and offer examples of how we use them to further our mission.</span><i><span style="font-weight: 400;"> </span></i></p>
<p><span style="font-weight: 400;">Let’s start with </span><b>highlighting our vital role as a pass-through entity</b><span style="font-weight: 400;"> to facilitate economic development and community revitalization. We spoke with Kim Steigerwald, Director of Acquisition and Disposition for the Land Bank, to explore this process and learn how Cuyahoga Land Bank and a local development firm are working together to revitalize an important commercial district in Cleveland Heights, specifically the historic Taylor Road Synagogue (Oheb Zedek). </span></p>
<p><span style="font-weight: 400;">For more than a decade, the large structure has been sitting in Cleveland Heights in tax delinquency. In fact, with a staggering $7.2 million owed, this property is the most tax-delinquent in Cuyahoga County.</span></p>
<p><span style="font-weight: 400;">When </span><a href="https://wxzinc.com/"><span style="font-weight: 400;">WXZ Development</span></a><span style="font-weight: 400;"> realized how this space could be used to benefit both the entire city and immediate community in various ways, it asked for the Land Bank’s help, which we were happy to offer. Here is a look at how serving as a pass-through works, leveraging an example of a great property that will benefit the whole city!</span></p>
<p><b>Can you explain the Land Bank&#8217;s role as a pass-through?</b></p>
<p><b>Steigerwald</b><span style="font-weight: 400;">: Absolutely. In this case, and in many others, the Land Bank acts as a temporary custodian. We acquire properties, particularly those with significant tax delinquency, environmental contamination, or blight, to clear the path for responsible redevelopment. We&#8217;re not necessarily the end-user. Instead, we streamline the process for developers and/or and community organizations that have viable revitalization plans consistent with our mission and values.</span></p>
<p><b>How has this tool been used in Cleveland Heights?</b></p>
<p><b>Steigerwald</b><span style="font-weight: 400;">: Cain Park Village is a Cleveland Heights project that has been years in the making. It includes the development and revitalization of various sites to transform the commercial district along South Taylor Road next to Cain Park. By working with the City, we have served as a pass-through entity by acquiring through foreclosure a trio of historic Tudor Revival buildings known as Taylor Road Plaza. We then transferred the properties to Cleveland Heights in 2021, by which point they had created a National Register of Historic Places district around the buildings and several other historic structures to prepare for the issuing of an RFP for the redevelopment of Taylor Tudor Plaza.</span></p>
<p><a href="https://wxzinc.com/"><span style="font-weight: 400;">WXZ  Development, Inc.</span></a><span style="font-weight: 400;">, a local development firm, responded to the RFP with a proposal that outlined a holistic revitalization plan not just for Taylor Tudor Plaza, but the broader commercial district. The City selected WXZ’s proposal in the spring of 2022. Since then, WXZ has acquired the Taylor Tudor Plaza buildings, worked with the Land Bank to secure a Brownfield Remediation Grant award from the Ohio Department of Development, and commenced  environmental remediation and construction activities.</span></p>
<p><span style="font-weight: 400;">WXZ’s vision for Cain Park Village included the preservation and adaptive reuse of the former Taylor Road Synagogue building, a property neighboring Cain Park. For well over a decade, the large structure’s physical condition has been deteriorating while the property’s tax delinquency grew to a staggering $7.2 million, the largest in Cuyahoga County. Additionally, this property’s immense size and architectural significance presented a unique challenge. To overcome this challenge, WXZ sought the Land Bank’s expertise. We acquired the property through foreclosure, effectively clearing the tax lien. This crucial step allows for the building’s redevelopment, preserving the structure and thereby safeguarding its future.</span></p>
<p><span style="font-weight: 400;">This project illustrates how the Land Bank’s ability to serve as a pass-through entity can result in turning significant liabilities into major assets that contribute to a neighborhood’s revitalization. Furthermore, by working with WXZ to secure the Brownfield Remediation Grant award, we are addressing a significant health concern posed by asbestos, lead paint, and mold. In this respect, the magnitude of the Land Bank’s role is amplified as the project is located in a disadvantaged census tract where the share of people who have been diagnosed with asthma is in the 96th percentile and the share of homes that are likely to have lead paint is in the</span><a href="https://edgi-govdata-archiving.github.io/j40-cejst-2/en/#3/33.47/-97.5"><span style="font-weight: 400;"> 99th percentile</span></a><span style="font-weight: 400;">.</span></p>
<p><b>How does this pass-through role contribute to economic development?</b></p>
<p><b>Steigerwald</b><span style="font-weight: 400;">: By removing the burden of back taxes and addressing blight, we reposition these properties that are liabilities and work with developers and community organizations to turn them into assets for communities throughout the County. This stimulates investment, creates jobs and generates tax revenue. In the case of the Cain Park Village project, this has already resulted in more than $25 million of investment in the Taylor Tudor Plaza buildings, including nearly $3 million in environmental remediation. Once complete, the three Tudor buildings will house more than 11,000 square feet of commercial space, 44 apartments, and eight live-work units that will accommodate local artists and artisans. The former synagogue is next to Cain Park, a magnificent 22-acre park that draws tens of thousands of visitors each year. WXZ&#8217;s plans will create a center for performing arts to serve as an indoor complement to the Evans Amphitheater, allowing Cain Park’s programming to extend year-round. Additional uses include an art gallery, ticket box office, administrative office, conference/event space and 24 residential units. To the building’s rear, seven townhomes will be constructed, offering sweeping views into the park below. Between Taylor Tudor Plaza and the former synagogue property, the Land Bank has helped to usher in a tidal wave of economic development in a portion of Cleveland Heights that has experienced prolonged disinvestment over the course of decades. The project will completely transform the commercial district. Without the Land Bank&#8217;s intervention, these properties would likely remain vacant, deteriorating and a drain on the community.</span></p>
<p><b>How has the Land Bank used this tool to create economic activity?</b></p>
<p><b>Steigerwald</b><span style="font-weight: 400;">: We&#8217;ve used this strategy successfully in numerous projects across Cuyahoga County. For instance, we&#8217;ve acquired and transferred large commercial buildings to developers who have transformed them into mixed-use spaces, attracting businesses and residents. We&#8217;ve also worked with community development corporations and groups like </span><a href="https://cuyahogalandbank.org/blog/land-banking-in-action-the-reality-of-how-transforming-vacant-lots-can-bring-dreams-to-life-for-habitat-for-humanity-families/"><span style="font-weight: 400;">Habitat for Humanity</span></a><span style="font-weight: 400;"> to acquire and transfer vacant land and abandoned homes to renovate or construct affordable housing, stimulating economic activity and addressing critical housing needs. We often do this with former industrial sites as well. A great example is the recent</span><a href="https://cuyahogalandbank.org/yayaco/"> <span style="font-weight: 400;">restoration of the former American Gas Association (AGA) building</span></a><span style="font-weight: 400;"> in Cleveland&#8217;s St. Clair-Superior neighborhood. The building, which stood vacant for decades, was reborn thanks to acquisition and pass-through by the Land Bank as the vibrant new headquarters for YaYa &amp; Co.</span></p>
<p><b>What is the ultimate goal for the Taylor Road Synagogue site?</b></p>
<p><b>Steigerwald</b><span style="font-weight: 400;">: The Land Bank, WXZ, and Cleveland Heights came together in a public-private partnership to revitalize an important commercial district for the furtherance of historic preservation, sustainability and the arts.</span></p>
<p><span style="font-weight: 400;">The goal for this site is to preserve this historic structure through an adaptive reuse that expands arts programming and increases accessibility to the arts for the entire community. To facilitate the building’s preservation, WXZ will nominate the property to the National Register of Historic Places, ensuring that all necessary rehabilitation work is carefully planned and meticulously executed per the requirements of the National Park Service and the Ohio State Historic Preservation Office.</span></p>
<p><span style="font-weight: 400;">This phase is a critical component of the Cain Park Village project. Not only does it return the building to its rightful position of prominence and serve as the anchor of this commercial district, it will foster connection by linking Cain Park and the commercial district. Equally important, these plans expand Cain Park’s performing arts venues, allowing for additional live production events and programming. This increases the diversity and frequency of arts programming available to the community while broadening Cain Park’s ability to generate revenue, thereby providing for its long-term viability and growth over the next 100 years.</span></p>
<p><span style="font-weight: 400;">The project’s arts and cultural uses will meld with residential uses to create a dynamic and unprecedented community arts hub, bringing new life to the district and benefiting the surrounding neighborhood. It&#8217;s about preserving a piece of history while creating new opportunities for the future.</span></p>
<p><span style="font-weight: 400;">The Cain Park Village project exemplifies Cuyahoga Land Bank&#8217;s commitment to strategic intervention and its ability to catalyze positive change. By facilitating responsible redevelopment, we transform liabilities into assets and build a stronger, more vibrant Cuyahoga County.</span></p>
<p>&nbsp;</p>
<p>The post <a href="https://cuyahogalandbank.org/blog/land-banking-tools-101-cuyahoga-land-bank-serves-as-a-pass-through/">Land Banking Tools 101: Cuyahoga Land Bank Serves as a Pass-Through</a> appeared first on <a href="https://cuyahogalandbank.org">Cuyahoga Land Bank</a>.</p>
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