Trending development, economic & real estate news
PNC to move satellite offices downtown
When a big company like PNC Bank owns a large, underutilized office property and occupies leased office properties in the same metropolitan area, something’s got to give. The giver is reportedly PNC’s satellite offices. And the receiver is PNC Center in Downtown Cleveland.
These projects are remaking Cleveland’s lakefront
Cleveland’s most ambitious lakefront proposals are still in the planning phases: a 450-acre park project which could take shape if Burke Lakefront Airport shuts down, and a 52-acre stadium site masterplan, expected in October. But a handful of lakefront projects are already making waves.
Cleveland to get 65 Near West Side homes
CHN Housing Partners (CHN) announced it received an Ohio Low Income Housing Tax Credit (OLIHTC) award and a 4-percent Low Income Housing Tax Credit allocation from the Ohio Housing Finance Agency (OHFA) for its planned construction of Near West Side Homes.
Glenville gets new apartments, infill
As Glenville’s stock of older — and largely historic — buildings continues to shrink, new construction is rushing to fill some of the lost supply. Much of that development aims to cater to specific needs, such as for seniors, veterans, or individuals with disabilities.
CSU ends GCRTA U-Pass without notice
As Cleveland State University (CSU) students prepared return to classes in Downtown Cleveland for the Fall Semester starting this Monday, some were surprised to learn that its U-Pass for discounted rides on public transportation was no longer available.
NEOMED opens Cleveland innovation hub
Northeast Ohio Medical University (NEOMED) and University Hospitals (UH) joined with community leaders, partners, educators and health care professionals yesterday to celebrate the opening of NEOMED’s first Cleveland location.
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