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Cleveland developer MRN Ltd. has secured financing commitments to build $44 million worth of apartments, stores and restaurants along Euclid Avenue, northeast of Mayfield Road and Ford Drive. After years of planning, University Circle is poised to make a huge stride in attracting residents to a district known for its educational, medical and cultural behemoths.
"It's the project that everybody's been talking about for decades," said Chris Ronayne, president of the University Circle Inc. community development group. "It's at the epicenter of what could be a turning-of-the-page toward a very vibrant University Circle that is truly mixed-use."
via cleveland.com
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