Media Alert: Cuyahoga Land Bank, Cleveland Heights, East Cleveland work together to clear the path for development in North Coventry Neighborhood

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Media Alert: Cuyahoga Land Bank, Cleveland Heights, East Cleveland work together to clear the path for development in North Coventry Neighborhood

MEDIA ALERT:

WHO: Cuyahoga Land Bank

City of Cleveland Heights

City of East Cleveland

Elected Officials
WHAT:  A multi-site demolition in the North Coventry Neighborhood, resulting
from the desire of two adjacent cities to address blight on their shared
border.
WHEN:  9 a.m. Wednesday, September 25, 2013
WHERE: East Cleveland
WHY:  Increased foreclosures and decreased investment in  the North Coventry
neighborhood, which is split evenly between the cities of Cleveland
Heights and East Cleveland, 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, abandoned
apartment buildings in order to remove the blight from the North
Coventry community and clear the way for new development. The
estimated cost of the first phase of demolition is  $1.1 million. With the
help of state funding, the five demolitions undertaken on Wednesday and
the estimated 60 more necessary demolitions marks the first step toward
recovery for this community. This is all made possible by Moving Ohio
Forward Funds from Ohio Attorney General Mike DeWine’s office from a
National Mortgage Settlement.