Trending development, economic & real estate news
Warehouse District lot buyer revealed
Last week, NEOtrans reported that one of the last large “parking craters” remaining in Downtown Cleveland’s central business district has a buyer. This week, we confirmed who the buyer is and what they plan to do with it.
West Blvd shared use path advances
State and local officials announced this week that the State of Ohio awarded $100,000 to the City of Cleveland to develop plans for a shared-use path for cyclists, joggers, pedestrians and others living in or visiting the city’s West Boulevard, Cudell, Clifton-Baltic and Edgewater neighborhoods.
Greater Cleveland gets 2 TMUDs
Although Project Scarlet is in Downtown Cleveland and Valor Acres is in suburban Cleveland, the two developments have something in common. They both won $7 million in Transformational Mixed-Use Development (TMUD) tax credits from the State of Ohio today.
GCRTA levy to appear on ballot
A half-percent sales tax increase to fund a modest expansion of the Greater Cleveland Regional Transit Authority (GCRTA) and prevent more service cuts starting next year is going on the ballot in Cuyahoga County. The only question is when. And that will be decided by the GCRTA board…
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.
affordable housing apartments business Campus District City Planning Commission Cleveland 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 Transit Oriented Development Tremont University Circle West 25th Street
Greater Cleveland economic, real estate, development, construction news
