Trending development, economic & real estate news

From Kyiv to Cleveland, art firm HQ moves

Founded in Ukraine nearly two decades ago, Dion Art has been expanding thanks to stunning, innovative public art projects and a stabilizing, growing nation. When that growth slowed to a trickle a year ago when Russia began its all-out invasion of Ukraine, its founder and his friend made…
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Irishtown Bend Park stakeholders announce deal for George property

Partners working together on the transformational Irishtown Bend project have reached a tentative settlement agreement following a lawsuit by an affiliate of the George family against the use of eminent domain to acquire their land for the project. Terms of the deal were not fully disclosed at this…
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It’s official: Lakewood Center West sells

While Lakewood waits on the Downtown Lakewood development, a mostly residential development could come to this inner-ring suburb’s former office and current retail district even sooner. According to Lakewood city officials and Cuyahoga County records, a Brooklyn, NY-based developer has acquired the seven-story Lakewood Center West at the…
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Cleveland Hts Cedar Lee Meadowbrook ‘A done deal’

The City of Cleveland Heights and its development partner, Flaherty & Collins Properties, announced the real estate and financial “closing” for the Cedar Lee Meadowbrook project, clearing the way for construction to commence in the coming weeks. It’s the second major project for the Indianapolis-based developer in the…
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Half of Bulkley Building to be residential

A significant building in downtown Cleveland’s theater district is proposed to undergo a transformation that would convert nearly half of the structure to residential and add a high-profile office tenant. The Bulkley Building, or simply The Bulkley, 1501 Euclid Ave., is not only owned by the Playhouse Square…
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Cleveland Hts Cedar Lee Meadowbrook ‘A done deal’ Half of Bulkley Building to be residential Cleveland adds fewest apartments among major metros Cleveland Habitat for Humanity opens first union-built home