Shaker Square

On Thursday, Shaker Square's new owners, Cleveland Neighborhood Progress and Burton Bell Carr, released the preliminary recommendations for the square.

The plan to bail out Shaker Square was in limbo for several months after the square's council representative expressed concerns; Cuyahoga County's drug overdose deaths are the worst ever this year; Cleveland Cavs star rookie Evan Mobley will return for tonight's game against the Nets; and more stories.

The city’s loan would allow the two nonprofit developers to buy the site, providing the owner with the money it needs to settle up with the out-of-town lender.

Large crowds are expected for the funeral today for Bluffton Police Officer Dominic Francis; a stalled loan deal to pull Cleveland’s Shaker Square out of foreclosure is moving again; the Cleveland Guardians drop their first game of the franchise’s new era; and more stories.

Cleveland City Council will consider a $12 million loan to pull Shaker Square out of receivership at a committee meeting Monday.

The fate of Shaker Square will likely be left to next year’s Cleveland City Council to decide. At a neighborhood meeting Friday, Ward 4 Councilwoman Anita Gardner said she would table a proposed $12 million city loan to pull the property out of foreclosure.

The city is willing to put up $12 million in loans to pay off the Square’s owners’ mortgage debt. The nonprofts Burten Bell Carr Development Corporation and Cleveland Neighborhood Progress would take possession of the site, pay back at least half the loan and find a new owner for the property.

The city wants to spend $10 million in federal stimulus money from the American Rescue Plan Act to prevent foreclosure of the shopping center.

Here are your morning headlines for Tuesday, Nov. 12:Shaker Square up for sale;Christmas trees headed for troops overseas;Cleveland gathers proposals for…

One of the objectives of the redesign was to create a more cohesive and connected space, especially for pedestrians.