WWW.SHAKER.LIFE | SUMMER 2021 35
This approach to revitalizing commercial
properties in the Chagrin-Lee business
district has been so successful, the Shaker
Heights Development Corporation (SHDC)
now plans to take it to the next level by
forming a fund – to be called the Shaker Lee
Development Fund, LLC, an Ohio limited
liability company – that will raise money
to support further redevelopment of the
Chagrin-Lee District, primarily on Lee Road
south of Chagrin Boulevard.
“The plan has always been to grow that
type of ownership structure and make it more
widely available to the general public,” says
Nick Fedor, executive director of the SHDC,
a not-for-profit that works to bolster the
City’s commercial revitalization and economic
development efforts.
Top and
bottom:
Sequentially
ordered
collages
representing
the east (top)
and west
(bottom)
sides of the
Lee Road
commercial
corridor.
Left: Nick
Fedor, SHDC’s
executive
director.
the lee road corridor: investing in community
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