Cleveland Heights puts $1 million deal on the table for Grocery Outlet in old Cedar-Fairmount Dave’s Market s

  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 63%

Cleveland-Heights أخبار

Cleveland-Heights-City-Council,Grocery-Outlet,Cedar-Fairmount

Supporters say it's more mutually beneficial than the full-fledged grant originally sought by the Russo family from the city.

Under the terms of a proposed deal to get Grocery Outlet into the former Cedar-Fairmount Dave's Market space by next summer, the City of Cleveland Heights would buy this private lot for $660,000 from the Russo family, who built it in 2019 between Bellfield and Grandview avenues. Tentative terms also include a $340,000 commercial development loan to assist in leveraging an overall $5 million investment in improvements to the store.

City Council introduced legislation Monday that would authorize Mayor Kahlil Seren to purchase the private parking lot built and owned by the Russo family and their Grandview-Bellfield LLC, located behind Firestone, for $660,000. If you purchase a product or register for an account through a link on our site, we may receive compensation.and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 301. in EG

مصر أحدث الأخبار, مصر عناوين