Trending development, economic & real estate news
New asphalt plant planned in Cleveland
Akron-based Kenmore Construction Co. has two big jobs in front of it. One is the multiyear reconstruction of Downtown Cleveland’s Central Interchange on Interstate 90 for $329 million. The other is to build a new asphalt plant for up to $20 million so it can pave the interchange’s…
A $120M opportunity to remake Cleveland
Returning vacant, polluted industrial sites to productive use in Cleveland and other established communities is typically not cost-effective for private investors to tackle. Yet leaving them rotting and fallow is not an option either.
Cleveland Clinic drone delivery takes off
Cleveland Clinic is now delivering certain medications to patients’ homes via drones, marking the start of the first long-term deployment of a prescription drug drone delivery program by a U.S. health system.
Gordon Square building spree accelerates
As new developments get underway, close to 300 residential units are now under construction around the Gordon Square Arts District — centered on the intersection of Detroit Avenue and West 65th Street in Cleveland’s Detroit-Shoreway neighborhood.
West Blvd-Cudell TOD advances
On Cleveland’s West Side, three Transit-Oriented Developments (TOD) are moving ahead within a 10-minute walk of a single Greater Cleveland Regional Transit Authority (GCRTA) rapid transit station.
Rock Hall buys Harbor Verandas
Cleveland’s central business district is where office buildings are getting converted into new uses, often residential. On downtown’s lakefront, however, a mostly residential building was just purchased and may get converted to offices by its new owner — someday.
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