September 2020 – Page 2

One-million-square-foot mixed-use project planned next to I-271

Ken Prendergast / September 12, 2020

Cleveland-area real estate developer Cannata Companies is making a major play at a 14.5-acre site next to Interstate 271 in Warrensville Heights. Envisioned is a 1-million-square-foot, $87-million mixed-use development called SilverPoint.

According to a SilverPoint presentation, the Dodge Reports and information from a preliminary massing graphic, the development could have structures potentially rising from four to 11 stories high for apartments, hotel, offices and ground-floor retail/restaurants.

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Bridgeworks project likely to retain historic Engineers buildings

Ken Prendergast / September 11, 2020

Developers of a proposed mixed-use real estate project at West 25th Street and Detroit Avenue are taking actions that show they are increasingly likely to preserve the three existing historic buildings on the site. But it isn’t yet certain how the buildings will be repurposed.

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Little Italy demolition OK’d, development plan tabled

Ken Prendergast / September 10, 2020

It’s not Italy’s Leaning Tower of Pisa, but La Barberia University Spa, 12115 Mayfield Rd. in Cleveland’s Little Italy, has an obvious eastward lean to it. In fact, the only things keeping the 126-plus-year-old building from tipping into the Tavern of Little Italy next door are some support posts and an enclosure for an automated teller machine.

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University Circle towers’ financing secured, spring start eyed

Ken Prendergast / September 4, 2020

Seeing the $300 million Circle Square development back on Cleveland’s City Planning Commission’s docket again is great news for University Circle and the region. At the start of summer, it was uncertain whether the massive project would see the light of day again, or at least in so ambitious a scale.

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NRP Group abandons Scranton Peninsula project

2 Comments / Ken Prendergast / September 2, 2020

A worldwide economic downturn and a shift in market approach have forced the NRP Group to abandon its plans to develop a 330-unit apartment-townhouse complex on Scranton Peninsula, across the Cuyahoga River from downtown Cleveland.

Among major cities, Greater Cleveland has suffered more pandemic-related job losses than all but three other cities — New York, Las Vegas and Boston. And NRP Group has been shifting its focus from developing market-rate housing to affordable and workforce housing,

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