This is from the previously posted article: 'Place-Making,’ Mixed-Use Development Revitalizes Cleveland Community
Published by Teresa Garcia on Friday, April 5, 2019
Next to the Forest City Square Apartments will be Phase 3 of the development, which will pair the adaptive reuse of an existing building with an adjacent new-construction, five-story apartment building. The 88 apartments will be available to residents earning up to 80 percent of the AMI.
Phase 3 will be financed with OZ investments, debt, equity and some city funds.
Construction will start this summer and is scheduled for completion within 12 months.