Trending development, economic & real estate news
National Acme redevelopment site to expand
The fate of the National Acme plant at 170 E. 131st St., where Cleveland’s Glenville and Collinwood neighborhoods meet, is an all-too common story about the demise of a major employer-turned-abandoned factory. But community leaders today said they hope that what’s promised for this neglected, toxic site will…
Cavs, Clinic extend partnership at riverfront center
The Cleveland Cavaliers pro basketball team and Cleveland Clinic healthcare system have finalized a 25-year extension of their partnership, lengthening the relationship to more than 55 years altogether. That makes it one of the nation’s longest continuous partnerships between a professional sports organization and a healthcare provider.
Browns may not score enough votes for stadium win
Two extra years on the stadium’s current lease could have offered at least a cushion. The lack of that plus a potential gubernatorial veto and a lack of legislative override votes may be the biggest threats to realizing a $3.6 billion sports-entertainment district planned in the Cleveland suburb…
Construction starts on Shoreway Tower
Nope, it’s not an April Fool’s Joke. Construction work is getting underway this week for Cleveland’s next new high-rise residential building. But it’s not rising downtown or in the University Circle area. Instead, crews are assembling equipment, materials, portable toilets, utility relocations and more on a bluff overlooking…
Federal Building to be closed, agencies moved
More than 4,000 federal employees based at Downtown Cleveland’s Anthony J. Celebrezze (AJC) Federal Building, 1240 E. 9th St., are reportedly going to be moved out of the 32-story office tower to privately owned office properties downtown in the next three years, followed by AJC’s closure, according to…
Cleveland Amtrak routes surge; but expansion lags
According to the latest data from national passenger railroad Amtrak, America’s most heavily used passenger train passes through Cleveland each night. And it, plus the other Amtrak route through Cleveland, were the two fastest-growing long-distance routes in terms of ridership last year. But getting more ridership or better…
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