CLEVELAND, Ohio – Cleveland officials inked a deal to sell an “air rights parcel” above Eagle Avenue to real estate [developer Bedrock](https://www.cleveland.com/metro/2022/12/dan-gilberts-bedrock-unveils-master-plan-for-cuyahoga-riverfront-near-downtown-cleveland.html) for $120,000.
You’re reading that correctly. This real-estate deal did not exchange any pieces of land. Instead, Cleveland sold Dan Gilbert’s real estate firm part of the sky that sits above the road. Why? Because that’s where Bedrock plans to build.