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Vacant factory that built Hulett ore unloaders purchased by Cleveland’s new $50M Site Readiness Fund

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Vacant factory that built Hulett ore unloaders purchased by Cleveland’s new $50M Site Readiness Fund

by April 28, 2024

CLEVELAND – An immense vacant factory in Cleveland’s Central neighborhood, where massive Hulett ore unloading cranes were made more than a century ago, will have a new shot at economic life as the first major acquisition of the city’s $50 million Site Readiness for Good Jobs Fund.

The city announced Monday that the site readiness fund closed on an $845,000 deal to acquire the triangular, 10-acre property at 7000 Central Ave. on Cleveland’s East Side that includes the 183,000-square-foot Wellman-Seaver-Morgan factory.

Read the full story on cleveland.com.

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