Cuyahoga County, Ohio must spend up to $4 million on asbestos removal to attract a developer to downtown Cleveland’s Ameritrust property
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.
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