Trending development, economic & real estate news
Burke Lakefront Park options released
The City of Cleveland and the North Coast Waterfront Development Corporation (NCWDC) today released plan options and economic impact findings for a recreation-focused, low-density redevelopment concept for Burke Lakefront Airport.
TOD signals future for Detroit Avenue
Construction activity on Cleveland’s West Side is ramping up inside the Transit-Oriented Development (TOD) Zone — defined by the city as the land within a quarter mile (about a five-minute walk) of a high-frequency transit station. Developments within the zone are exempt from parking mandates, reducing construction costs…
GCRTA outlines proposed service cuts
Last fall, the Greater Cleveland Regional Transit Authority (GCRTA) warned that its worsening budget situation would mean some potentially significant service cuts starting this year. But at a GCRTA board meeting today, staff said they are making other budget cuts that would lessen those service reductions.
CSA Group to relocate to Valor Acres
CSA Group, a global provider of testing, inspection and certification services, announced today that it will relocate and expand its U.S. Head Office to Valor Acres – a mixed-use, lifestyle center in suburban Brecksville.
Will TMUD’s return transform Cleveland?
A financial incentive originally designed to spur new construction in Downtown Cleveland has instead helped other Ohio downtowns. But with the Transformational Mixed Use Development (TMUD) tax credit program renewed by the Ohio General Assembly, there is a renewed chance for the program to benefit its birthplace.
Canopy, Naia Noir embrace parkside living
In Cleveland’s Detroit-Shoreway neighborhood, a pair of residential developments featuring modern apartments has begun construction. The projects are each adjacent to an urban park — offering the benefits of urban living with seamless access to outdoor green space.
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