The city will be seeking development partners for city/land bank owned parcels within the opportunity zone. Redevelopment projects could involve, workforce, affordable, and market rate housing.
The opportunity zones (1881.04, 1881.05 and 1881.07) benefit investors and is located across the target reinvestment area that allows for the highest level of property tax abatement permitted in the state through the City’s Community Reinvestment Area (CRA). New construction of single-family, two-family or town-home units qualify for a 15 year, 75% property tax abatement.
If you are interested in investing in opportunity zones in Warrensville Heights or anywhere in the City of Warrensville Heights, please contact Jerome DuVal, Economic Development Director, at 216-587-1136 or firstname.lastname@example.org.
A complete list of residential and commercial scatter lots located in the city’s land bank that is available for redevelopment. The interactive map contains detailed information on each site including zoning and site specifications; opportunity zones are in red.
The Cuyahoga County Real Property department maintains a complete historical record of all property transactions, maintains records of property ownership, valuation, and taxation, and collects special assessments for public improvements. Click here to search the map.
View available property list here (updated Jan. 2020)