Mayor’s office to propose legislation next week aimed at driving growth at West Side Market

  • 📰 cleveland19news
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A key part of the Mayor's proposal would be to address a potential 30% rent increase current market vendors could receive in 2022.

According to a statement from the mayor’s office, the legislation would cap rental rate increases, expand lease options and permit alcohol sales to support vendors and drive growth.

Under the current ordinance, the city would be required to raise rents on vendors by 30% this year, which the mayor says is unfair. Hold rent rates at their 2020 levels for 2022 and cap annual rent increases to no more than a 3% increase in future years. Permit short-term leases, which would allow the West Side Market to consider daily pop-up events, seasonal vendors, and food trucks;

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow, really, why so soon? Don’t they want to wait another twenty years?

No mention of the parking problem, they changed the parking and that make going to market too much of a hassle.

You think Urkel would stay and fight the Russians if they invaded? 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 70. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

West Side Market to allow alcohol sales under Cleveland mayor’s plan that seeks rent caps, more flexibility for vendorsVendors, residents and other advocates have long complained the city was failing to make needed changes to decrease stall vacancies and boost the market’s traffic, among other improvements.
Source: clevelanddotcom - 🏆 301. / 63 Read more »