Trending development, economic & real estate news
Central continues to transform with completion of Sankofa Village
Redevelopment partners celebrated this week the grand opening of Sankofa Village IV, completing the 236-unit, $115 million Cedar Extension Transformation Plan in the Central neighborhood of Cleveland. The final phase added 50 high-quality, affordable rental homes to the 17-acre former Cedar Extension site of public housing.
Woodhill Homes redevelopment moves forward after demolition
Once a deteriorating public housing complex on Cleveland’s East Side, Woodhill Homes will soon be transformed into a mixed-income neighborhood complete with parks and a renovated community center, according to schematic plans approved by City Planning Commission on Friday.
Outdoor wellness destination proposed on riverfront
A new health and wellness concept is coming to Scranton Peninsula in the Flats in downtown Cleveland. Taking inspiration from the Scandinavian winter ritual of the sauna, The Saunagoose will continue a string of developments on previously-vacant industrial land.
WOIO-WUAB-WTCL TV seek Independence
Before the end of 2027 when its lease expires at Reserve Square, 1717 E. 12th St., Gray Media Group will leave Downtown Cleveland for a new spot in suburban Independence. That’s according to four sources — three of whom spoke to NEOtrans on the condition of anonymity.
Groundbreaking for a groundbreaking venue
Cosm, an immersive technology and entertainment venue, officially saw construction start today with a formal groundbreaking ceremony attended by city, county and state officials plus CEOs of major locally based employers like Sherwin-Williams, Cleveland Clinic and Cleveland Cliffs.
$328M Central Interchange redo starts
On the plus side, one of the region’s biggest megaprojects got underway today when officials from the Ohio Department of Transportation (ODOT), city of Cleveland and Cuyahoga County threw spades of dirt at a groundbreaking ceremony for the Interstate 90 Central Interchange Project in Downtown Cleveland.
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