Trending development, economic & real estate news
USL soccer stadium at CSU on hold
A proposal by Cleveland State University (CSU), the United Soccer League (USL) and local backers to build a $100 million soccer stadium and $250 million in supportive development where the Wolstein Center arena now stands appears to be, at best, on hold.
New downtown park with basketball court fast-tracked
Plans for a re-imagining of the “Meet Me Here” park in Downtown Cleveland were fast-tracked by the City of Cleveland planning commission on Friday. The expedited process is now more clear given that developers seek to open it in time for the 10th Anniversary of the Cavaliers’ 2016…
Michael Symon joins River Roots’ move to Flats
Celebrity chef Michael Symon announced he is partnering with a local, new-start whiskey distiller in its planned move to Cleveland’s Flats. NEOtrans reported nearly a year ago that River Roots Barrel Company was making a move to the Columbus Road peninsula along the Cuyahoga River.
Tenant ID’d for big new industrial development near Hopkins airport
A major new light-industrial, warehousing, life sciences-type development project planned near Cleveland Hopkins International Airport will be larger and more immediate than first reported last month by NEOtrans. The project appears more immediate because there is a prospective tenant that is already shaping the plan.
$119M Lakewood Common project goes vertical
Last fall, NEOtrans reported that CASTO’s $119 million mixed-use development had begun construction on its first building in Downtown Lakewood. In this week’s installment of Progress Pics, we’re excited to share exclusive construction photos as work advances on the first of five floors.
CWRU to renovate, expand one of its most historic buildings
Adelbert Gym, 2128 Adelbert Rd., one of Case Western Reserve University’s (CWRU) most historic buildings, will soon undergo a transformative renovation, made possible primarily by recent contributions totaling $7.9 million from two generous trustees.
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