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Council approves chain-of-title step for $126M Project Scarlett redevelopment; members press for stronger local hiring and CPP analysis

Committee of Finance, Diversity, Equity & Inclusion, Cleveland City Council · July 16, 2026
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Summary

Council approved an ordinance to permit chain-of-title conveyance for Project Scarlett (Rose and Sloan buildings), a proposed $126M multimodal redevelopment combining a Marriott Tribute hotel and branded residences. Members emphasized community benefits, minority participation and asked for clearer analysis of costs to switch to Cleveland Public Power.

The committee approved ordinance 686-2026 to authorize the city to acquire and reconvey properties at 2060 East 9th Street as a procedural step to enable a future TIF for Project Scarlett, a large-scale rehabilitation of the Rose and Sloan buildings. Administration officials and Green Harvest Capital (developer) said the project represents an approximately $126M investment to create about 171 apartments, a 121‑room Marriott Tribute hotel and roughly 33,000 square feet of commercial space; the developer estimated a 30‑year non‑school TIF value of about $16.58M and that Cleveland Metropolitan School District would receive roughly $26.82M in payments over the term.

Council members pressed the developer and administration on several fronts: the cost and feasibility of converting the site to Cleveland Public Power (developers estimated internal construction costs of roughly $1.7–2.0M but engineers and council members cited larger feeder and engineering costs up to $2–3M), the terms and enforceability of the community benefits agreement, and how the city will monitor minority contracting. Developer representatives said they had engaged OEO and retained a minority‑certified owner's representative (NextGen Construction) and have pledged certified spend targets; OEO said monitoring will begin once the financing agreement is finalized. The chain‑of‑title ordinance was recorded as approved in committee; council members requested continued oversight of the CBA and additional detail on rates, rents and utility conversion costs before any final TIF is granted.