Wave of redevelopment spreads to Cleveland's inner suburbs
Redevelopment in downtown Cleveland was the first sign in Northeast Ohio that the economy was finally coming out of the recession, and now that wave is spreading to the inner suburbs of Euclid, Lakewood and Shaker Heights, Crain's Cleveland Business reports. These older suburbs "used to be able to balance their budgets taxing homeowners," but are now "moving forward with major redevelopment plans that boost income tax revenue." Most of these projects feature "redevelopment and renovation of existing buildings and shopping strips," the article said. Another effort of the projects is to make "commercial districts more walkable."
