Trending development, economic & real estate news

Haslam chides state memos on Brook Park stadium

Two memos dropped today from two branches of state government, both urging caution when considering the Haslam Sports Group’s (HSG) economic impact projections from its proposed enclosed stadium and supportive development in suburban Brook Park. But HSG shot back, calling the reports “questionable” and “inaccurate.”
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Harvard-MIT design for power plant redo wins

A redevelopment plan by a team of Harvard University and Massachusetts Institute of Technology (MIT) students for the site of a former coal-fired power plant on Cleveland’s lakefront won the top prize in the 23rd annual Urban Land Institute(ULI)/Gerald D. Hines Student Urban Design Competition.
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Federal Building renovations halted

NEOtrans has learned that, not only does the Trump Administration intend to close the Anthony J. Celebrezze (AJC) Federal Building in Downtown Cleveland, the agency responsible for federal real estate has reportedly suspended building renovations in-progress. That also means federal taxpayers may have to eat millions of dollars…
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Chick-fil-A opening first storefront in Cleveland

Amid all of the big development news happening around town, there’s lots of smaller commercial projects that can have a big impact on individual neighborhoods. And nearly all of these are new or expanded commercial offerings that are due to pop up on the landscape in the coming…
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Metroparks seeks to redevelop riverfront lands

When the Cleveland Metroparks began seeking state funds in January to help clean up and possibly demolish a 19th-century flour mill in the Flats, there was a bit of a pushback. The Metroparks, which has done a lot of demolition along the Cuyahoga River to create public spaces,…
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