Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves TIF and PACE for Westinghouse redevelopment at 1200 West 58th St.
Summary
City committee approved emergency ordinances authorizing a 30‑year non‑school TIF and adding 1200 West 58th St. to the Northeast Ohio Advanced Energy District, enabling up to $15 million in PACE financing and other public supports for the Westinghouse redevelopment.
The Committee on Finance, Diversity, Equity and Inclusion approved emergency ordinances on March 23 authorizing tax-increment financing and a special energy improvement designation to support the redevelopment of the former Westinghouse tower at 1200 West 58th Street.
Council President convened the presentation, and a project team representative described the plan to convert the eight‑story, roughly 113,000‑square‑foot building into 106 apartments — including 10 units set aside as affordable — plus about 23,000 square feet of commercial space. The team estimated the total project cost…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
