April 2019

Cleveland is rising up in the O-Zone

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Last week I sat in a small conference room with nearly a dozen real estate developers and investors planning a cool new project in Cleveland’s urban core. I was there to add my two cents on a transportation access component of that project. Seated in the corner of the room was another guy, representing a lending institution that provides equity from one of the many fast-growing Opportunity Zone Funds.

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Developers discover Midtown’s other axis

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Much of the rebuilding in Cleveland’s Midtown, between downtown and University Circle, has focused along the parallel east-west roadways of Euclid, Carnegie and Chester avenues. But the primary north-south axis, East 55th Street, is largely devoid of similar development activity. That’s true even where East 55th intersects Euclid, Carnegie and Chester.

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Hingetown, Cleveland’s hottest development hotbed

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Hingetown, that little enclave within a neighborhood within a city seemingly couldn’t be growing any faster than already it is. No matter where you stand in Hingetown these days, you’re either standing next to a 21st-century real estate development, across the street from one or you can see one less than a block away. Increasingly, in Hingetown, you’re surrounded by projects.

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