FOR IMMEDIATE RELEASE
Media Contact:
Mary Trupo
Director of Communications
publicrelations@clvhts.com
CLEVELAND HEIGHTS CONTINUES TO ATTRACT NEW BUSINESSES
Remains Desirable for Diverse Businesses Opening Throughout the City
CLEVELAND HEIGHTS, OH, 10/24/2019 - Economic Development in Cleveland Heights has remained strong in 2019 with growth being experienced throughout the City. In addition to new development projects, such as Top of the Hill and Cedar-Lee-Meadowbrook, many new businesses have been welcomed in Cleveland Heights. With its proximity to University Circle and premier medical and cultural attractions, and an easy commute to downtown, Cleveland Heights has a lot to offer new or relocating businesses.
"We are really excited about all of the new businesses opening up in Cleveland Heights," said City Manager Tanisha Briley. "We are a vibrant city that is walkable and welcoming to visitors from all over Northeast Ohio. It is no wonder businesses are looking to establish their homes here."
Some of the businesses welcomed in Cleveland Heights so far this year include Macron Paris Café on Coventry, Proximity Golf Lounge on Mayfield, Foodhisttva on S. Taylor, Bouji Bakery on Lee near Mayfield, and Kensington Pub and Blank Canvas CLE on Lee.
Known as a City that shops and supports its small, independently owned businesses, Cleveland Heights continues to attract new businesses. Set to come online this fall are Zhug Restaurant (Chef Katz on Cedar/Fairmount), Voodoo Brewery (first Ohio location on Lee Road), Marchant Manor Cheese (Lee Road), Cleveland Tea Revival (in old Silsby Pharmacy off Lee), Rising Star Coffee (relocating from Little Italy to the Katz Diner on Lee), Happy Bees (ice-cream on Coventry,) with still others in the pipeline for 2020.
In addition to being a premier location, the Cleveland Heights Economic Development Office has a variety of incentives to offer potential business owners. "In a highly competitive business climate, it is critical that a city has incentives to offer companies to help them get started and thrive. We have a number of tools in our toolbox to consider," Tim Boland, Economic Development Director noted.
The City was able to support Proximity Golf Lounge, Blank Canvas CLE, and Cleveland Tea Revival with SBA Performance Grants. The City’s Storefront Renovation Program was instrumental in the façade improvements for Kensington Pub, and Zhug Restaurant was able to utilize the City’s Commercial Loan Program to help facilitate the conversion of their new space in Cedar-Fairmount.
The City has also approved a Microloan for MeLange Motif, which will be a women’s boutique located at 2195 Noble Road. The Microloan Program is designed to help provide financing to small businesses and startups that might not yet be ready for conventional business financing.
Some of the economic tools businesses may qualify for are the Commercial Loan Program that provides gap financing on a project, the City-wide Community Reinvestment Area Program that provides certain tax incentives, the Microloan Loan Fund, the SBA Grant Program, and a City Economic Development Fund that offers additional flexibility than some of the other programs for high impact projects.
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