Trending development, economic & real estate news
Shaker Hts, Brook Park win TOD grants
Two of Cleveland’s first-ring suburbs served by rail transit won federal grants this week. The awards will help them develop construction-ready plans in partnership with real estate firms for transit-oriented developments at several sites next to their rail services.
Downtown Heinen’s to close after 11 years
Northeast Ohio-based Heinen’s grocery stores announced today that their iconic location in Downtown Cleveland will close permanently on July 31. A new use for the for space, described by many visitors and shoppers as the nation’s most beautiful grocery store, has apparently not been found.
Warehouse District buyer, project emerges
A large parking lot in Downtown Cleveland’s Warehouse District that’s been up for sale twice since 2019 apparently is now under a purchase agreement with a buyer who seems interested in developing it.
Cuyahoga’s lucky seven win $18.5M
Ohio Gov. Mike DeWine and Ohio Department of Development Director Lydia Mihalik today announced more than $86 million in historic tax credits to support the preservation and revitalization of dozens of historic buildings across the state. Of that, nearly $18.5 million was awarded to seven projects in Cuyahoga…
GCRTA weighs sales tax hike to avoid deeper service cuts
The Greater Cleveland Regional Transit Authority’s (GCRTA) Board of Trustees learned today the bus and rail agency is facing one of three potential futures. While there are solutions to all three, GCRTA staff said only two would offer some benefits in addressing costs that are spiraling out of…
More housing to rise on West Side
A variety of new housing products are due to start arriving over the next year on Cleveland’s West Side. Not only are they a mix of for-sale and for-rent housing, they are of different styles and located in different neighborhoods.
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