CLEVELAND (AP) — The last 19th-century mansion standing on Cleveland's former Millionaire's Row may be rejuvenated as a children's museum.
The Plain Dealer of Cleveland reported Saturday (http://bit.ly/1bxTXKN ) that the city plans to take possession of the empty Stager-Beckwith mansion on Euclid Avenue and sell it to a local developer who envisions renovating it as the Children's Museum of Cleveland. Cleveland City Council approved the deal Monday.
If developer Michael Chesler's plan works, it would avert a foreclosure sale of the property to pay off nearly $550,000 in overdue taxes. The newspaper reports the city was set to lose more than $4.5 million on a bad loan to the house's current owner.
The house was built in the 1860s for a Western Union Telegraph Company executive, and later housed Myers University's University Club.
Information from: The Plain Dealer, http://www.cleveland.com