Trending development, economic & real estate news
Shaker Square development site ID’d
After an express car wash withdrew its plans for a new Shaker Square location in response to residents’ protests, the question remains: how can developers navigate neighborhood opposition? For local developer Dan Whalen, the answer is simple — ask the neighbors.
Downtown tower gives new meaning to ‘mixed use’
Some districts offer a mix of uses — residential, commercial or public spaces. Some buildings mix uses within its walls, often retail on the ground floor with residential or offices above. But 1100 Superior is going further — mixing uses on the same floors.
Cleveland Amphitheater headlines riverfront’s next act
Transformational changes are underway on Cleveland’s riverfront and the City Planning Commission will soon get a look at the next major phase of construction. Renderings were released this week of the Cleveland Amphitheater, a new venue that will reinvigorate the industrial Flats into a lively entertainment district.
Cleveland Clinic’s Main Campus slide puzzle
If you’re a health system earning $18 billion per year and you want to build a new bed tower where your aging Central Utility Plant sets, you move the utility plant. But if the place where you want to build a new utility plant has a police station…
School buys more development land
At first glance, the property transaction doesn’t stand out. At less than 1 acre of land, it’s not a big piece of land. And the holding company that purchased the land was created with a unremarkable name the day before the deed transfer was signed.
Buyer interest in 925 Euclid is high
For a large, vacant, old building needing significant repairs before it can even host new occupants in a soft market, there is a healthy amount of interest in buying The Centennial, 925 Euclid Ave. in Downtown Cleveland. The difficulty in redeveloping the building resulted in a lender foreclosing…
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