Port provides funding for Flats East Bank project

(Cleveland) - Groundbreaking is likely this month on a new project on the East Bank of the Flats. The Port of Cleveland Board of Directors have approved the issuing of $15 million in bonds for a project that includes three new restaurants, which will include a basement speakeasy and a live music lounge. The project is being spearheaded by developer Scott Wolstein. 

Port spokesman Jade Davis says the $17.5 million project is expected to create about 100 construction jobs, and about 30 permanent full time potions. 

He tells Newsradio WTAM 1100,  this will be the third phase of the Flats East Bank renovation project, and hopes it will attract ever more visitors to an area that's growing in popularity. 

Construction is to be completed by the end of 2019. Meanwhile, visitors to the Flats East Bank will be able to park for free through February.  

The entertainment district is offering free parking in its self-parking outdoor lots from 5 p.m. to close from Sunday through Wednesday. It's being touted as a way to attract weeknight visitors during the typically slow winter months.

(Photo by Ken Robinson/WTAM)

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