The nation’s second oldest shopping center is for sale and it’s at the center of debate in Cleveland.
In a statement, President of The Coral Company, Peter Rubin, tells 3 News, “Yes, Shaker Square is on the market as we explore options after owning the Square for 15 years." He continues, "No final decisions have been made and our consideration of options includes the recognition that the Square is a community asset. We continue to accept the responsibility to consider the community in all decisions we make," said Rubin.
Founder of Edwins Leadership and Restaurant Institute, Brandon Chrostowski says, Rubin has helped the area progress.
“There’s very few people in Cleveland when I tried doing this project of taking people returning home from prison into a restaurant that’d give me a chance, Peter did and Peter understands the dynamics of Shaker Square, he understands what it means to the community,” he says.
Chrostowski says he’s happy to work with the next owner to make sure that progress continues, “we all know that Shaker Square is a gem in Northeast Ohio and we want to preserve that.”
This comes as Shaker Square continues to be the center of debate over a plan to close part of the eastbound and westbound lanes to create more green space.
LAND Studio’s Senior Director of Development & Communications issued a news release saying in part, “additional rounds of planning are being scheduled to insure all input is solicited, listened to, and integrated into the planning before implementation plans will be moved forward.”