Latest Northeast Ohio business, economic, real estate, development, construction and transportation news


  • Filling the lakefront void left by the Browns
    Among the objectives in redeveloping Downtown Cleveland’s lakefront is to fill the physical and economic void to be left by Huntington Bank Field and their main attraction, the Cleveland Browns. That was one of the insights shared by the chief of the North Coast Waterfront Development Corp. (NCWDC) at yesterday’s Planning Commission meeting.
  • Warner & Swasey revival is a go
    Warner & Swasey co-developers Pennrose and MidTown Cleveland today announced the closing of the last gap in the financing for the $64 million redevelopment of the historic factory, located at 5701 Carnegie Ave. in Cleveland’s MidTown neighborhood.
  • Tremont hillside mixed-use vision at risk
    A potentially massive mixed-use development at the north end of Cleveland’s vibrant Tremont neighborhood, next to the Towpath Trail and overlooking the Cuyahoga River, may be on hold for a while. Instead, if there is a hillside development here, it could be mostly commercial — at least for the foreseeable future.
  • Hotel planned for historic grain mill in Flats
    Roughly $10.3 million in federal historic tax credits were awarded to a proposed $61.6 million redevelopment of an abandoned 19th-century riverfront flour mill in Cleveland’s Flats into a hotel and supportive uses. And up to $5 million in state historic tax credits may be added by the end of the year.
  • Cleveland Council OKs Browns settlement
    With a 13-2 vote tonight, Cleveland City Council authorized a proposed settlement agreement between Mayor Justin Bibb’s administration and the Haslam Sports Group (HSG), owners of the Cleveland Browns football team. The deal involved some last-minute negotiations as it wasn’t even on council’s agenda earlier today.
  • Cavs’ practice facility marks start of riverfront transformation
    In 2021, Detroit-based developer Bedrock announced its plans to develop a long-neglected portion of the Cuyahoga riverfront with 35 acres of mixed-use development and green space. Phase 1A of the development involves the construction of a practice facility for the Cleveland Cavaliers in partnership with the Cleveland Clinic—here’s a current look at the progress so far.
  • Heights developments reach new heights
    This snowy edition of Progress Pics highlights the multiple developments under construction around the eastern suburbs. In total, several hundred residential units are set to open next year in Cleveland Heights, University Heights, Shaker Heights and Richmond Heights alone.
  • Cleveland among fastest warming cities in USA
    Despite the snowy Thanksgiving holiday, Cleveland’s status as a climate refuge got a warm review thanks to new data from the National Oceanic and Atmospheric Administration (NOAA). In the last decade, only three U.S. cities’ climates warmed faster than Cleveland’s, according to the new data.
  • Haslam-Cleveland lakefront deal delayed
    One deadline has passed. Another is about to. And a third is coming up. But by the end of the year, Cleveland Mayor Justin Bibb’s administration hopes to have a much more coherent vision of Downtown Cleveland lakefront development whose private-sector investment could exceed $1 billion — with a capital B.
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