Trending development, economic & real estate news
County offers loans to build near transit
When hearing a government official prattle on about his vision for his jurisdiction, a wag once said “Don’t tell me what you support; show me your budget.” Similarly, for several years, Cuyahoga County officials have talked and planned about Transit Oriented Development (TOD). But now they’re putting their…
W. 117th GCRTA station reopens Friday
After more than one year of reconstruction work and an unexpected cost increase, the Greater Cleveland Regional Transit Authority’s (GCRTA) West 117th-Madison Red Line station is due to reopen to rail passengers at the start of transit service on Friday. GCRTA announced the reopening today.
Greater Cleveland recovers from Great Recession
Greater Cleveland’s workforce and number of employed people have grown to the highest levels since the start of the Great Recession (2009-11), according to preliminary employment data for the region that was released this week.
Lakefront apartment complex planned near Downtown Cleveland
Earlier this month, a letter was sent by an Indianapolis-area real estate developer to Cleveland Mayor Justin Bibb and City Council notifying them of its desire to develop a lakefront apartment project and their intention to seek Low Income Housing Tax Credits (LIHTC) for it.
Ex-Tick Tock Tavern space takes new journey
Renovation work is underway for a successor restaurant to the long-running Tick Tock Tavern in Cleveland’s Edgewater neighborhood. And public records reveal the new restaurant concept that will be taking the historic spot onto its next journey.
Ridge Park Square sold to Atlanta investor
JLL Capital Markets announced today that it has secured the sale of Ridge Park Square, a rare dual-grocery anchored regional shopping center located northwest of the Interstate 480-Ridge Road interchange in the western Cleveland suburb of Brooklyn.
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