Trending development, economic & real estate news

Commercial foreclosure business is booming

When a company expands in an already busy market, the inference is that the company expects the market to get even busier. Unfortunately, that may be the case with the commercial property market where foreclosures keep coming and more receivers are getting appointed by courts to hire real…
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ODOT approves funding for several Cuyahoga County projects

On Wednesday, the Ohio Department of Transportation’s (ODOT) Transportation Review Advisory Council (TRAC) released its latest list of construction commitments for transportation infrastructure throughout the state. Over $60 million is allocated to four projects in Cuyahoga county expected to begin construction within the year.
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One of Cleveland’s oldest churches to close

Immaculate Conception Church, 4129 Superior Ave, opened its doors to a young, Irish immigrant-heavy parish in 1878 on Cleveland’s near-east side. But with later generations of its parish having fled to the suburbs over the ensuing decades, services at the early English Gothic structure are due to end…
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Burke Lakefront Park options released

The City of Cleveland and the North Coast Waterfront Development Corporation (NCWDC) today released plan options and economic impact findings for a recreation-focused, low-density redevelopment concept for Burke Lakefront Airport.
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