Trending development, economic & real estate news
Tremont, Duck Island developments near completion
Cleveland’s Tremont neighborhood is one of the most desirable in the city — and its tight housing market reflects that. But with a handful of developments now wrapping up, it may be the perfect time for those considering a move to the area.
Midline redevelopment district announced
Cleveland’s largest industrial redevelopment in its history, dubbed the Midline Priority Investment Area, was announced today as an effort to transform the city’s near-East Side into a job hub and community greenway.
The Vibe financing OK’d, Fall start ID’d
With financing approved, the developer of Ohio City’s largest new-construction project in four years has an eye toward fall for a groundbreaking date of The Vibe, 2828 Clinton Ave., in Cleveland’s Hingetown enclave.
CSU’s Woodling transformation may hit $60M
A request from Cleveland State University (CSU) has gone out in search of qualified design teams to transform the 53-year-old Woodling Gymnasium, 2420 Chester Ave., into a modern, competitive facility. The request notes that the project budget for Woodling’s transformation could range from $30 million to $60 million.
Music Settlement breaks ground on $12M expansion
On Friday, The Music Settlement (TMS) held an official groundbreaking for a $12 million expansion of its campus in University Circle. The project will restore and expand the historic Gries House, 1560 Mistletoe Dr., into the Jack, Joseph and Morton Mandel Music House.
Next TOD project planned on Red Line
One by one, the many used-car dealerships along Lorain Avenue on Cleveland’s West Side are going away. For the most part, they are getting replaced with new multifamily housing developments and that’s what’s proposed to happen again.
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