Trending development, economic & real estate news
Large factory sold, to stay industrial
A local investor partnership comprised of Reuven Dessler and Rico Pietro acquired a large factory complex in Cleveland’s Euclid-Green neighborhood for a simple reason — it was too good of a deal to pass up.
Downtown at Valor Acres nears completion
The finished touches are being added to Valor Acres, a $678 million mixed-use lifestyle development in Brecksville. In this edition of Progress Pics, we take a walkthrough of the main street activity known as Downtown at Valor Acres, which is now open to pedestrians.
Developers of 9 school sites ID’d
New end users of nine closed schools were identified by the City of Cleveland today to reactivate those properties with new uses including senior affordable housing, social services, retail/community event space, and other projects.
Historic Flats buildings listed for sale
Three of the most historic buildings on Cleveland’s Flats East Bank are now available for sale. And now might be an opportune time for them to get repositioned and redeveloped with other nearby properties getting new directions, too.
Lakewood tackles infrastructure, housing needs with new construction
While Lakewood lacks the undeveloped greenfield sites that allow outer-ring suburbs to accommodate growth through sprawl, building expansions and infill projects on vacant lots are allowing the historic streetcar suburb to grow its housing supply to meet new demand.
Lakefront’s Mandel Community Trail opened today
Today, officials and community partners celebrated the opening of the Mandel Community Trail, a $12 million, 2.7-mile off-road connection along Cleveland’s east-side lakefront between Downtown Cleveland at East 9th Street and Gordon Park at East 55th Street.
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