CRAINSCLEVELAND.COM I AUGUST 14, 2023
BIG PLANS FOR ‘MIDDLE NEIGHBORHOODS’ Emerging strategy focusing on commercial corridors and housing renovations gains funding momentum | By Michelle Jarboe
W
hen Frank Camardo and his older brother, Sam, bought a cluster of vacant commercial buildings in Cleveland’s Old Brooklyn neighborhood, they expected it to take five years to fill the forlorn storefronts and sketch out the future of the surrounding land. Then they heard about a pilot program that offered matching grants of up to $50,000 for interior renovations along commercial corridors. That funding, through Cleveland Neighborhood Progress, allowed the developers to white-box the space — redoing the floors, patching the walls and creating a nearly movein-ready canvas. See PLANS on Page 16
MICHELLE JARBOE
A “sale pending” sign hangs in front of a house in Cleveland’s Lee-Harvard neighborhood, one of four pockets of the city that could see targeted investments in housing and commercial corridors.
Mark Termini aims to enlighten, entertain
Developer snags former Steve Barry Buick site Apartment project may replace old dealership
Sports agent releases ‘Words to Negotiate By’ After 30 successful years as a sports attorney and agent — a stretch where he negotiated more than $2 billion in professional sports contracts, earned the respect (and the ire) of dozens of NBA owners and GMs and became known as “the secret weapon behind LeBron James” — Cleveland native Mark Termini took the next logical step in his career. He wrote a book.
See TERMINI on Page 16
VOL. 44, NO. 30 l COPYRIGHT 2023 CRAIN COMMUNICATIONS INC. l ALL RIGHTS RESERVED
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By Stan Bullard
(Oh, and he sees you rolling your eyes.) “Ah, Termini’s got a book,” laughed Termini, whose name rhymes with Germany. “It’s going to be Termini’s life story. ‘When I was in eighth grade, I shot 1,000 free throws ...’ “Believe me, all my guys smile and go, ‘Oh yeah? You wrote a book?’ and I know they’re cringing inside.”
CONTRIBUTED
By Joe Scalzo
The former Steve Barry Buick properties in Lakewood are under the control of Rocky River-based real estate developer NewBrook Partners, whose partners have signaled plans for a major apartment-retail project on the site. Lakewood Detroit LLC, which lists NewBrook’s office in downtown Rocky River, paid $2.6 million for the 2.74-acre site, according to Cuyahoga
SPORTS BUSINESS Even after 25 years, Cleveland Browns P.A. announcer Jeff Shreve still enjoys manning the mic.
CRAIN’S LIST Jones Day tops the list of Northeast Ohio’s largest law firms with 172 local attorneys, Benesch is second.
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County property records. The property, which spans both sides of the street around the 16000 block of Detroit Avenue, was sold July 6 by Fairlane Realty Co. of Lakewood. NewBrook plans to pursue a mixed-use project consisting of apartments with retail space and amenities for tenants on the first floor, according to Shawn Leininger, Lakewood director of planning and development. See DEALERSHIP on Page 17
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