AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to sell certain City-owned property no longer needed for the City’s public use located at 5701 Carnegie Avenue, Cleveland, Ohio 44103 and known as the Warner and Swasey building to Pennrose Holdings, LLC, or its designee, for purposes of affordable housing and commercial development; authorizing the Director of Economic Development to enter into a forgivable or non-forgivable loan agreement with Pennrose Holdings, LLC, or its designee, to provide assistance to partially finance the redevelopment of the Warner and Swasey and other associated costs necessary to redevelop the property.

What this record is

Held by

Pennrose Holdings, LLC 6 records across this site

Runs until

no end date published in this record

Type

purchase

Field

Public safety

Read automatically from the title of the official record. The source document below is authoritative.

Pennrose Holdings, LLC also holds

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Committee

City Council

Requested by

Department of City Council

Introduced

May 30, 2025

On agenda

June 2, 2025

Passed

June 2, 2025

Enacted

June 2, 2025

Where it was heard

City Council Jun 2, 2025 approved Pass