Cuyahoga County commissioners have already spent $35 million on the Ameritrust property in downtown Cleveland, and now it looks like they will have to spend more tax money, as much as $4 million, on asbestos removal just to attract the attention of developers. The property at East Ninth Street and Euclid Avenue includes the old Ameritrust Tower, a rotunda, three office buildings and two parking garages. The county is asking $35 million for the property and does not expect to recoup whatever is spent on the asbestos removal.
For the full story, go to the Plain Dealer.
