A Lasting Impact

Blog Land Bank Homes

A Lasting Impact

 

Whether encouraging quality renovations by private rehabbers, working with developers to create new homes on vacant lots or completing dynamic renovations in-house, the Cuyahoga Land Bank’s neighborhood revitalization projects are having a lasting impact in neighborhoods throughout Cuyahoga County. A notable example of the impact of our work can be seen in the cities of Euclid and South Euclid.

The Cuyahoga Land Bank recently completed renovations on a 3-bedroom, 1-bath colonial on Renwood Avenue in the City of Euclid. Renovations included installing new windows and updating the plumbing, electrical, and heating and cooling systems. The home now features many modern amenities, including a spacious deck. Take a photo tour of the renovated home below. Our third project on Renwood, this renovation combined with a prior Land Bank renovation and a Deed-in-Escrow renovation, have had a stabilizing effect on this two-block long street.

The Cuyahoga Land Bank also recently teamed up with the non-profit One South Euclid to build a charming new home on Avondale Road in the City of South Euclid. The Land Bank built the new house on a vacant parcel in its inventory that had, years earlier, been the site of a Land Bank nuisance abatement demolition. The attractive 4-bedroom, 2.5-bath home has an open floor plan with an oversized great room and chef’s dream kitchen, including a walk-in pantry. Take a tour of this new home below. By building on this site the Land Bank restored the property’s value, both enhancing the value of neighboring homes and improving the County’s tax base.

“The economic and environmental resiliency of our region depends on the long-term strength of our suburban housing markets,” says Cuyahoga County Councilwoman Sunny Simon. “The work of the Cuyahoga Land Bank to redevelop homes and revitalize neighborhoods in District 11 is exactly what our County needs to control sprawl and improve quality of life in our more established communities. These properties will not only provide homes for families, but also are a catalyst for continued community development.”