Build|Grow|Thrive
One South Euclid created the Build | Grow | Thrive Program to restore dilapidated properties and stabilize our community’s neighborhoods by maintaining the supply of owner-occupied homes.The program allows for greater control over homes in South Euclid that require rehabbing by ensuring that properties are bought by qualified investors, significantly upgraded, and restored to productive use.
About the Available Lots
Properties are held by the City of South Euclid Land Bank. City Council grants One South Euclid (OSE) an option to purchase the parcels to market to potential buyers. Revenue from the sales allows OSE to continue to fund other residential and commercial revitalization efforts and community development activities.
Interested developers can review a map with property location and information here.
The majority of the parcels are zoned as single family residential, which allows for single and two-family housing. A zoning map with a link to applicable code is available here.
All properties purchased through this program are entitled to receive a 5-year, 75% property tax abatement upon project completion. In addition, the City of South Euclid approved a new set of single-family zoning codes to create an overlay district making it easier for developers to build new homes for the emerging consumer. More about that project is available here.
Property Application
Complete an application to express your interest in a property. All applications are considered by OSE’s Revitalization Committee on a rolling basis at its monthly meeting.
Resources