Lorain, Ohio has such unlimited development potential but it has consistently been pushed down by bad press, an entrenched "Old Boys" (and girls) network (gradually being replaced by "New Blood" hungry for change), and poor self image.
It's true that the Charles Berry Bascule Bridge is still up in the air cutting off traffic (literally) due to some maintenance mishaps, but there are some positive happenings in this potential gold mine.
The Lorain County Metropark's plans to complete the trail to Lake Erie are still on the board. The ferry service from the Black River Landing is set to start next year, and rumor has it that there are a number of exciting businesses set to sprout along the river's west bank. As Realtors that do substantial island business we hope this service is very successful and well used.
The discussed commuter rail system would help to offset the lack of convenient highway access from downtown, some higher end housing with a modern theme and an arts community surrounding the Lorain Palace would help to attract a more educated workforce.
It would be difficult to find more affordable real estate in a lakefront community. If Lorain can get through this difficult economic period it can set itself up to actually catch the next rebound. Lakefront, riverfront, room for new buildings and historic buildings waiting to be renovated and restored all await potential developers. The critical mass of development projects and money have yet to be reached - but it is possible.
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