How We Help
By turning disinvested sites into development-ready land, we’re paving the way for a new era of industrial growth and neighborhood investment. Every dollar we deploy is meant to be recycled into future projects – fueling lasting economic opportunity and environmental justice until Cleveland’s legacy sites are working again – for everyone.
The Site Readiness Fund is Cleveland’s industrial land concierge—the City’s industrial real estate redevelopment doing the early work so developers and employers can say yes to investing, building, and creating jobs here.
The Site Readiness Fund performs multiple tasks to bring high potential
but disinvested sites to market.
We secure funding and coordinate with local, state and federal partners to clean up contamination and improve basic infrastructure. Our work helps remove industrial eyesores and prepares sites for modern, clean industry.
We go beyond site remediation to pair meaningful community engagement with thoughtful site planning that ensures redevelopment aligns with local priorities and long-term visions.
In Action: Real-World Impact
On Cleveland’s East Side, SRF assembled over 125 parcels into a single 32-acre development opportunity. The project required coordination with the county sheriff, city Land Bank, corporate donors and strategic acquisitions. With state and federal funding, SRF is remediating the site and engaging the community to determine future use. Once ready, it will be marketed in partnership with Team NEO, JobsOhio and the City of Cleveland to attract a job-generating employer.
In partnership with Cleveland and Cuyahoga County, SRF issued a national RFP to modular home manufacturers nationally and internationally, seeking to bring a facility to Cleveland that will result in more than 100 good-paying jobs while producing affordable homes for local residents. It’s a model of mission-driven development: land reuse, workforce growth, neighborhood stability and housing solutions working together. Construction of the new facility is expected to begin in 2026. A preferred partner will be selected by the end of 2025.
With funding from the U.S. Department of Transportation, SRF engaged global real estate advisory firm Savills to assess where Cleveland can compete – and win. The analysis uncovered growth opportunities in expected sectors like advanced manufacturing and medical supply chain, and also in areas like food production where Cleveland has significant but unheralded competitive advantages.