Trending development, economic & real estate news
There is life after foreclosure Downtown
Fifth Third Bank tower shows there is life after foreclosure. Ownership of the 28-story tower, built in 1991 at 600 Superior Ave. in Downtown Cleveland, transferred in 2024 from Hertz Investment Group to its lender, an affiliate of Prime Group Finance of San Francisco.
Office market recovery to take ‘years’
Newmark’s market reports are well-regarded in the real estate industry. Their data is typically dry, yet spot-on. And they almost always avoid drama in their analyses. But their second-quarter 2026 office market report for Greater Cleveland added some unusually colorful adjectives to their data.
Soccer stadium partners with Rock Entertainment Group
Cleveland Soccer Group (CSG) today announced that Rock Entertainment Group (REG) – the organization behind the Cleveland Cavaliers, Rocket Arena and Cleveland’s incoming WNBA franchise – will lead the naming rights and entitlement sales process for South Gateway Stadium, CSG’s planned 10,000-seat venue on the south side of…
Demolition for Bridgeworks starts
Demolition crews started working this week to raze the former Cuyahoga County Engineers’ garage and lab complex at the northeast corner of the Detroit-Superior Bridge and West 25th Street for the long-planned, multi-family Bridgeworks development.
NE Ohio wins big, $160M advanced manufacturing grant
Hundreds of regions competed for a large, prestigious grant from the U.S. National Science Foundation (NSF) to boost advanced manufacturing. But it was a 70-member coalition from Northeast Ohio that came out on top today.
Renovations helping to preserve historic Ohio City
A neglected building can drag down an entire block, but restoring an obsolete structure can do the exact opposite, creating renewed activity that cascades to nearby businesses. In Cleveland’s Ohio City neighborhood, a wave of renovation projects could serve as a model for preserving the city’s dwindling stock…
affordable housing apartments business Campus District City Planning Commission Cleveland Cleveland Browns Cleveland Clinic Construction Cuyahoga County Cuyahoga County Executive Chris Ronayne Cuyahoga River demolition development downtown Cleveland Euclid Avenue GCRTA Greater Cleveland Regional Transit Authority Haslam Sports Group investment jobs Lakefront Lakewood Mayor Justin Bibb mixed-use development NEOtrans Ohio City Progress Pics real estate Retail Transit Oriented Development Tremont University Circle West 25th Street
Greater Cleveland economic, real estate, development, construction news
