Cleveland-Cuyahoga Port Authority readjusting focus on which projects to finance
July 09, 08 by TheFleetIf you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
by Jay Miller | Source: Crain’s Cleveland Business
The Cleveland-Cuyahoga County Port Authority is preparing to adopt a policy that will reduce the scope of its development financing efforts as it focuses on rebuilding the Port of Cleveland as a shipping and logistics center.
The new strategy is a result of the Port Authority’s plan to move its docks east of the Cuyahoga River to new docks it would like to build on Lake Erie at East 55th Street.
…If approved by the full board at its July 22 meeting, the primary focus of Port Authority financing will be for companies in maritime, logistics or distribution businesses, or for manufacturers that will move to a proposed international trade district adjacent to the future port.
