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 News

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

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:

 /  🏆 301. in MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines