Euclid Corridor

Cleveland's most storied avenue is the hottest location in the city!

Euclid Avenue has had many different faces over the years. In the late 19th century and into the 20th century, it earned the nickname Millionare's Row for its lavish homes and mansions that lined both sides of the street. Ever since that era, Euclid Avenue has remained a treasured landmark in the minds of Clevelanders, through its retail hay-day in the early to mid 20th century till today.

Now, Euclid Avenue is on the lead edge of a renaissance that is reshaping both the look and use of the street. In the fall of 2008, a $200 million renovation of Euclid Avenue was completed with the opening of the city’s first Bus Rapid Transit System, the HealthLine.

The new rapid transit system directly connects Downtown with the Hospitals, Museums and Schools in University Circle via dedicated lanes in the center of Euclid Avenue. In addition to creating a state-of-art transit system, the new Downtown portion of the Euclid Corridor has brought reduced bus traffic on Euclid, new tree-lined and brick-paved sidewalks, as well as numerous public art installments.

Ohio Historic Preservation Tax Credits

Adding to the impact of the HealthLine and the completely rejuvenated streetscape on Euclid, the State of Ohio’s Historic Preservation Tax Credits (enacted in December of 2006) have provided for a major investment of development into the Euclid Corridor.

The tax credit subsidizes 25% of qualified rehabilitation expenditures for historic rehabilitation projects. This tax credit, together with Federal Historic Tax Credits have created the incentives necessary to renovate and revitalize most of the buildings along Euclid Avenue in Downtown.Click on the image to the right to read more details on Ohio Preservation Tax Credits.