Posts tagged Transformational Mixed-Use Development
Historic Cleveland plant set for renovation

A historic manufacturing plant that has sat vacant in Cleveland for four decades is finally set for a new life. The project developers were joined by a broad coalition of public and private stakeholders on June 2 to celebrate the official groundbreaking of the Warner & Swasey redevelopment project. While sitework has been ongoing since winter, the ceremony officially launched construction on the long-awaited adaptive reuse of the historic part of Cleveland’s Midtown neighborhood.

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State Tax Credits Jump Start Centennial Project

A long-awaited project in downtown Cleveland will begin soon thanks to a major tax credit award from the State of Ohio, creating more work for area union trades.

On March 2, the Ohio Tax Credit Authority and the Ohio Department of Development awarded the Millennia Companies a $40 million Transformational Mixed-Use Development (TMUD) tax credit award for the rehabilitation and adaptive reuse of The Centennial. Located at 925 Euclid Ave., the building was formerly known as the Huntington Building and has been mostly vacant for over a decade.

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