Trending development, economic & real estate news
Lakefront apartment complex wins financing
Despite having 17 miles of shoreline, developments along Cleveland’s Lake Erie waterfront don’t happen that often due to a lack of developable land. But one got closer to construction today after financing for it was approved by the state, according to a press release.
Naia Noir tops Detroit-Shoreway developments
In March, NEOtrans announced that Cuyahoga County’s first lakefront high-rise in over half a century had begun construction next to Edgewater Park. The apartment tower, branded Naia Noir, will also be the first high-rise constructed in Cleveland’s Detroit-Shoreway neighborhood.
Fridrich bicycle shop partially demolished
The easternmost building of the closed Fridrich Bicycle was suddenly demolished by a city-hired contractor Wednesday evening, only hours after the city posted a building violation notice. A crowd gathered on the sidewalk across the street from 3722 Lorain Ave. to watch the 143-year-old building come down.
Music Institute dorm starts on bad note
Less than six years old, the Cleveland Institute of Music’s (CIM) new building called 1609 Hazel at its namesake address in Cleveland’s University Circle, has suffered extensive water damage due to alleged poor construction. And the bill for pending repairs just came in — $1.7 million, according to…
Cleveland Trades Council urges data center regulations, not ban
As Cleveland considers a moratorium on the addition of new data centers until it can update its zoning code to better address them, and a statewide ban on larger data centers is pending, the Cleveland Building and Construction Trades Council said it wants the emotion taken out of…
City loses another fight against spread of downtown parking lots
An historic church in Downtown Cleveland’s Gateway District won its case before the city’s Board of Zoning Appeals (BZA) today to use a newly purchased property at 1212-1260 Sumner Ave. as a surface parking lot for up to 90 vehicles.
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