Eight redevelopment project sites won a total of nearly $18 million from the Ohio Department of Development’s Brownfield Program so the sites can be cleaned up and, in some cases, their existing structures are to be demolished. One of those where demolition is planned is the former Cleveland Thermal steam plant, 2274 Canal Rd., in Downtown Cleveland.
Read MoreDowntown steam plant to be razed, redeveloped Read More »
In a $30.6M deal, a national real estate investment firm added 119 newly constructed apartments in Cleveland’s Hough neighborhood to its growing portfolio. New Jersey-based Reynolds Asset Management acquired Park Lamont, 9606 Lamont Ave., and The Lumos, 1866 E. 93rd St. Both are located a short walk or bike ride from jobs and classrooms in booming University Circle.
Read MoreTwo new Hough developments sell for $30M Read More »
According to two sources familiar with the matter, the International Exhibition (I-X) Center next to Cleveland Hopkins International Airport will become a data center. And, according to one of those sources, the end user is likely to be Amazon Web Services.
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Too much is never enough. When you’re marketing land to new end-users, you can’t have enough clean, developable land in the urban core. And one of the largest, if not the largest in the city of Cleveland has just been assembled by the Cuyahoga Land Bank. The site is located at 12610 Kirby Ave. in Cleveland’s Glenville neighborhood, bordering on Collinwood.
Read MoreGlenville Job-Ready Site more than doubles in size Read More »
Following up on a story first reported by NEOtrans a month ago, the long-planned Walz Branch of the Cleveland Public Library (CPL) and Karam Senior Living apartments will indeed see construction start in June. In fact, a groundbreaking ceremony is scheduled at 10 a.m. this Friday at the project site, 7910 Detroit Ave., to officially kick off the project.
Read MoreWalz Library-Karam Senior Living groundbreaking set Read More »
While the development team for the $84 million mixed-use Bridgeworks project in Cleveland’s Ohio City neighborhood is finalizing construction permits with the city, the team decided to take a step that could accelerate the project and get it underway sooner.
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Cuyahoga Land Bank and First National Bank (FNB) have announced a new partnership to accelerate development in the Circle East District in East Cleveland by supporting homeownership. Since 2022, the land bank has been busily rebuilding this neighborhood next to University Circle from the sewers up.
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When Miceli Dairy Products, 2721 E. 90th St. in Cleveland, broke ground today for the expansion of its new cold storage facilities, it also teased a follow-on project — a planned new research center plus mozzarella cheese manufacturing plant next to the Opportunity Corridor Boulevard. These additions in the coming years are anticipated to double Miceli’s current employment of 250 people.
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Suggesting the construction of an office building in Downtown Cleveland, which is still recovering from the pandemic, seemed like a strange idea. And it was until the listing for it was pulled from marketing sites shortly after NEOtrans wrote about it. Turns out the proposed Two Cleveland Center was publicized prematurely.
Read MoreNew downtown office tower/data center in the works Read More »
After taking office in January, the Trump Administration began scrutinizing recently awarded federal grants. In response, local, state and federal elected officials from Northeast Ohio scrambled. Their goal was to make sure that federal grants awarded to Greater Cleveland agencies weren’t frozen or, worse, terminated.
Read MoreLakefront funding survives federal scrutiny Read More »
