Project Team
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Developer: |
Famicos
Foundation |
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Owner:
|
Famicos
Foundation |
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Non-Profit
Sponsor: |
Famicos
Foundation |
|
Builder: |
TESCO Builders, Inc. and LonColeman Corporation |
|
Architect: |
City
Architecture |
|
Financing: |
City
of Cleveland Empowerment Zone, National City Bank and Third Federal
Bank |
|
Sales/Marketing: |
Consortium for Community and Economic Development (CECD) and
Famicos Foundation |
|
Total Project Cost: |
Nearly $4.6 Million |
|
Location: |
Scattered
sites around the League Park recreation area. |
|
Number Units/Type: |
23 new single-family homes -- $185,000 to $235,000 |
|
Status: |
Complete |
Project
Description
The League Park Homes project consists of 23
new single-family homes near the League Park recreation area in the
historic Hough neighborhood of Cleveland.
The homes range from just under 1,600 to 2,400 square feet.
Each buyer is eligible for a $20,000 grant when purchasing a
League Park Home as well as 15 years of tax abatement.
Low interest rate financing is available through Third Federal
Bank.
TESCO Role
TESCO is the one of the builders of this
project and has been responsible for providing pre-construction budgeting
and design assistance to-date. TESCO has worked closely with the owner and
architect on the design and amenities of the project. Additionally, TESCO
is responsible for coordinating all buyer upgrades and custom finishes.
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LEAGUE PARK FACTS
Cy Young pitched the first game played in League Park on
May 1, 1891.
Indians second baseman Bill Wambsganss made the only
unassisted triple play in World Series history here on October 10, 1920 in
game 5 against the Brooklyn Robins (Dodgers). In the same game Elmer Smith
hit the first grand-slam and Kim Bagby became the first pitcher to hit a
home run in World Series history.
Joe DiMaggio set a record by hitting safely in his 56th consecutive game
here on July 16, 1941.
Babe Ruth hit his 500th home run over the park's right field wall in 1929.