New Development Financing Approved for Superior Avenue Project
Cleveland City Council has passed an emergency ordinance to provide financial assistance for the redevelopment of two former textile buildings into a residential and retail complex at 2230 Superior Ave. Under Ord. No. 695-2026, the Director of Development is authorized to enter into a Tax Increment Financing (TIF) agreement with RJL 2230 SA Holding LLC, or its designee, to support the Heller Keller-Kohn Project.
What's in the file
The legislation authorizes a 30-year, 100% non-school TIF to assist in financing the redevelopment of the Heller Building (~57,820 sq. ft.) and the Keller Kohn Building (~42,126 sq. ft.). The project, managed by developer TurnDev, aims to convert the connected structures into 100 market-rate apartment units (consisting of 84 one-bedroom and 16 two-bedroom units), 108 parking spaces, and 2,261 square feet of ground-floor commercial retail space.
The official project presentation estimates the following financial and community impacts:
| Category | Figure |
|---|---|
| Total project cost | greater than $45,000,000 |
| Median annual TIF value to Developer | $246,067 |
| Estimated total 30-year TIF value | $3,745,518 |
| CMSD projected total new income | $6,059,407 |
| Estimated net increase in income tax and CMSD payments | +$6,360,907 |
The record also includes a waiver signed by the applicants, RJL 2230 SA LLC and 2202 Superior LLC, regarding Ohio Revised Code Section 9.66(D). This waiver allows the City to use confidential information—such as financial, technical, or business data—to evaluate and facilitate the offering of economic development assistance Waiver Agreement RC 9.66(D) July 8 Version.
Who may be affected
- Cleveland Metropolitan School District (CMSD): Projected to receive over $6 million in new income via payments in lieu of taxes over 30 years.
- RJL 2230 SA Holding LLC / TurnDev: The entities responsible for developing the residential and retail complex.
- Local Job Seekers: The project is estimated to create 7.5 new full-time equivalent jobs with an annual payroll of $402,000.
Status and timeline
- May 29, 2026: The ordinance was introduced to City Council.
- July 24, 2026: The ordinance was recorded in the City Record as passed.
Residents can verify the details of this legislation by reviewing the official record for File No. 695-2026 through the Cleveland City Council website.
Source record
- File
- 695-2026
- Type
- Emergency Ordinance
- Status
- Passed
- Committee
- City Council
- Introduced
- May 28, 2026
Official documents
- 695-2026 TIF - RJL 2230 SA Holding LLC for 2230 Superior Ave
- 695-2026-LEGISLATIVE SUMMARY-HKK2230
- Waiver Agreement RC 9.66(D) July 8 Version
- 695-2026-A File
- 695-2026 & 696-2026-PRESENTATION-Heller Keller Kohn_Council Pres_TIF_RBruno_v01
- FINAL VERSION City Record July 24, 2026 - Page 25