Euclid Block Apartments -
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BACKGROUND INFORMATION
This project entails the rehabilitation of the upper two floors above the Corner Alley location at the corner of East Fourth Street and Euclid Avenue into 26 apartments. Cleveland Civic Vision Housing Fund contributed $500,000 of the $5 million needed to complete this historic rehabilitation. Euclid Block Apartments represents the last of the neighborhood apartment projects completed by MRN Ltd on East Fourth Street that is now home to more than 250 housing units. This area has quickly become a hotspot for housing, entertainment and nightlife and boasts the House of Blues, Corner Alley and Pickwick & Frolic

PROJECT INFORMATION

Address: 410 Euclid Avenue

Date Close: 4/14/2006

Developer: MRN Ltd

TOTAL PROJECT COST: $5,260,000

New Markets Tax Credit Allocation: N/A

CDA Loan: $500,000

Project Name: Euclid Block Apartments Website: Neighborhood: East Fourth Street

Uses:
  • Multi Family

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