Construction institute team scraps plans for asphalt, concrete plants on Opportunity Corridor crainscleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainscleveland.com Daily Mail and Mail on Sunday newspapers.
CLEVELAND, Ohio Success has never been guaranteed for the city-led Opportunity Corridor project, a public-private effort to redevelop scores or hundreds of acres around a new, 3.6-mile boulevard that will traverse the economically devastated “Forgotten Triangle” to link Interstate-490 to University Circle. The rap on the $306 million boulevard, funded primarily through bonds backed by Ohio .
Opportunity Corridor site earmarked for nonprofit construction institute
Michelle Jarboe
Garbage litters vacant stretches of the 9-acre site that Norman Edwards and Fred Perkins envision as the future home of the Construction Opportunity Institute of Cleveland and related facilities.
Along East 79th Street, just south of where the Opportunity Corridor is cutting across Cleveland s East Side, ambitious plans are afoot for a 9-acre site where the only signs of life today are birds flitting between gnarled trees, abandoned buildings and piles of litter.
The city of Cleveland, which acquired the block during land assembly for the $257 million road project, is considering a lease-purchase deal to support redevelopment. The would-be buyer is a company tied to Norman Edwards, president of the Black Contractors Group and the American Center for Economic Equality, according to public records.