Cuyahoga Land Bank, Cleveland Heights, East Cleveland Work Together to Clear Path for Development in North Coventry Neighborhood

Cuyahoga Land Bank News

Cuyahoga Land Bank, Cleveland Heights, East Cleveland Work Together to Clear Path for Development in North Coventry Neighborhood

The Cuyahoga Land Bank, the City of Cleveland Heights and the City of East Cleveland were recently joined by elected officials and supporters at 14048 Superior Avenue in East Cleveland, to kick off five simultaneous demolitions in the North Coventry neighborhood that is split evenly between the two cities.demo_speech
“These demolitions are a marked change that will
eliminate decades of decay to make way for economic development,” said East Cleveland Mayor Gary Norton.  “Through the partnership between the Cuyahoga Land Bank, the City of East Cleveland and the City of Cleveland Heights, in association with the former and current Cuyahoga County Prosecutor and Attorney General Mike DeWine, we have embarked on a historic opportunity to rebuild the North Coventry neighborhood in such a way that the future will be brighter than the past.”
Increased foreclosures and decreased investment in the North Coventry neighborhood have resulted in increased crime, lower property values and continued disinvestment.  Determined to change the future of the neighborhood, Cleveland Heights and East Cleveland teamed with the Cuyahoga Land Bank to demolish a series of vacant and abandoned apartment buildings in the North Coventry community and clear the way for new development.
“The City of Cleveland Heights is pleased to be a part of this revitalization effort for North Coventry. Working together with the Cuyahoga Land Bank and East Cleveland is a partnership that makes a commitment to the value of creative efforts to tackle the all important housing issues of Cuyahoga County” said Cleveland Heights Mayor Edward J. Kelley.
These five demolitions are the first phase of an effort to revitalize North Coventry.  The partners estimate 60 more demolitions are necessary in the neighborhood as a first step toward recovery.demolition
“This initiative is a positive step forward for the North Coventry community, and for Cuyahoga County.  As we demolish abandoned buildings and transform them into useable properties, we are working together to empower our communities and our county.  I am proud of the work of the Cuyahoga Land Bank, and look forward to being part of this ongoing effort to revitalize North Coventry,” said Ohio State Representative Armond Budish.
The Cuyahoga Land Bank worked with Cleveland
Heights and East Cleveland to acquire the distressed properties, and those that were not already acquired were declared nuisances by the two cities. Having acquired these eyesores, the Cuyahoga Land Bank can strategically demolish the properties, creating an environment ripe for new investment.
“The ability to work with multiple partners to gather funding and take the necessary steps to make progress happen gives us the unique ability to look past borders, to reimagine this community and make that vision a reality,” said Cuyahoga Land Bank President and General Counsel Gus Frangos.
The estimated cost of the first phase of demolition is $1.1 Million, earmarked from the Ohio Attorney General’s Moving Ohio Forward mortgage fraud settlement.  This sum was matched by another $1 Million earmarked for East Cleveland by the Cuyahoga County Prosecutor.
“Abandoned properties are not only evidence of blight and despair, they are also fertile ground for crime – which leads to more abandonment, blight and despair. Our office works with the Land Bank to break this cycle of decline, and, in this case, we hope to set the stage for this neighborhood’s rebirth,” said Cuyahoga County Prosecutor Timothy J. McGinty.

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