Trending development, economic & real estate news
Housing maker finds home in Midline
The first manufacturer to locate in Cleveland’s new Midline Priority Investment Area on the city’s near-East Side was named today. It followed last week’s award of historic tax credits for the revival of the historic Wellman-Seaver-Morgan Engineering plant, 7000 Central Ave. where Cleveland’s Fairfax and Central neighborhoods meet.
Euclid, Solon to land new biz, 115 jobs
Two companies plan to hire 115 employees, generating nearly $7 million in new payroll while investing nearly $700,000 in renovating facilities for their businesses in two Greater Cleveland communities.
Cleveland landmark to fall
A large, familiar landmark that has stood along Ridge Road at the south end of Cleveland’s Stockyards neighborhood since 1919 won’t be standing much longer.
Shaker Hts, Brook Park win TOD grants
Two of Cleveland’s first-ring suburbs served by rail transit won federal grants this week. The awards will help them develop construction-ready plans in partnership with real estate firms for transit-oriented developments at several sites next to their rail services.
Downtown Heinen’s to close after 11 years
Northeast Ohio-based Heinen’s grocery stores announced today that their iconic location in Downtown Cleveland will close permanently on July 31. A new use for the for space, described by many visitors and shoppers as the nation’s most beautiful grocery store, has apparently not been found.
Warehouse District buyer, project emerges
A large parking lot in Downtown Cleveland’s Warehouse District that’s been up for sale twice since 2019 apparently is now under a purchase agreement with a buyer who seems interested in developing it.
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