Jun 25, 2024
With a nearly $3.9 million forgivable agreement Council approved at a recent meeting for Burten, Bell, Carr Development, Inc., the redevelopment and reimaging of Buckeye Road moves forward.
Council approved providing economic development assistance to partially finance hard and soft costs associated with the Buckeye Road Commercial Corridor Revitalization and Stabilization Initiative for up to 10 vacant and distressed mixed-use commercial buildings and parking lots.
BBC plans to create an “Arts, Culture and Technology” district and other commercial corridor redevelopment on Buckeye Road.
Moreland Theater, 11820 Buckeye Rd., is slated to be an anchor for its vision of the planned Buckeye Arts Innovation and Technology District.
Recently a $4.5 million Buckeye Road Refresh, which includes repaving 1.4 miles of Buckeye Road and adding new streetscapes west of Moreland Boulevard was completed. Redevelopment is occurring around the edges, with the Woodhill-Buckeye construction of new apartments, townhomes and more underway. Nearby Larchmere has seen new housing and apartments opened and Shaker Square is being redeveloped.
Located south of University Circle and west of Cleveland Heights and Shaker Heights, Buckeye covers roughly three-square miles of residential streets uphill and downhill of the slope that edges the city’s East Side. Streets along the crest have skyline views of downtown and the distant Cuyahoga Valley.
Parts of the new plan call for the construction of new affordable and market-rate housing, improved internet service, better transit service, more parks and public spaces, a stronger presence for the arts, and efforts to create a stronger neighborhood identity.
The city funded a $1.2 million investment through Cleveland’s Neighborhood Transformation Initiative that enabled Burten, Bell, Carr to buy nine dilapidated commercial buildings along Buckeye Road, including the Moreland Theater. Ord. No. 635-2024