Two years ago this month, Cleveland Neighborhood Progress (CNP) and Burten, Bell, Carr, Inc. (BBC) acquired Cleveland’s historic but faded Shaker Square mixed-use district. Today, the new owners outlined what they considered to be significant work and investment in making capital improvements to the property and carrying out a retail strategy to restore vibrancy to the square.

Today’s event centered around the unveiling of new storefront awnings, planned landscape improvements and recent roofing, electrical and heating-ventilating-air conditioning (HVAC) upgrades. All told, the investments to update the 95-year-old Shaker Square so far amount to approximately $4.5 million.