Published: Nov. 04, 2024, 4:55 p.m.CLEVELAND, Ohio – The city of Cleveland is finalizing a deal to buy the former Dave’s Market grocery store in Collinwood and position it for redevelopment.
Councilman Mike Polensek, who represents much of the Collinwood neighborhood, described the deal as “critical” to this part of the city. Qasim Properties LLC bought it in September 2022 for $1.3 million from the prior owner, Montlack Realty, according to property records. It had plans to open a Simon’s Supermarket in Dave’s place. But those plans eventually fell through and Qasim Properties put it back on the market.
If the city didn’t snap up the property, McNair feared it would be ripe for other types of redevelopment that are “not necessarily beneficial to the community.” On top of roughly $1.1 million from that pot, which comes from the general fund, Polensek used $350,000 in money set aside for Ward 8 to help close the deal, McNair said.The Collinwood site was a good candidate, he said, because there is a “market” there, and “a lot of assets” moving in.