Ken Prendergast – Page 103

Financing set, work starts at Ohio City’s Intro

Ken Prendergast / March 24, 2020

UPDATED MARCH 24, 2020

Overnight work began late Monday (March 23) on expanding utilities in the vicinity of a planned mixed-use development that will further enliven one of Cleveland’s most recognizable intersections.

The development is Harbor Bay Real Estate Advisors LLC’s Market Square and the intersection is Lorain Avenue at West 25th Street onto which the iconic tower of West Side Market casts its shadow. The first phase of Market Square is Intro — a nine-story building with 290 market-rate apartments over 36,000 square feet of retail and 550 underground parking spaces. Note that these renderings show only seven stories.

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Baker Building may become boutique hotel — eventually

Ken Prendergast / March 21, 2020

The 11-story Baker Building at 1900 E. 6th St. in downtown Cleveland enjoys a brighter future now that it’s in the hands of a deep-pocketed firm. But that future may not be imminent. And the delay has nothing to do with the global pandemic, according to a source familiar with the project.

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Big Duck Island development moves forward

Ken Prendergast / March 18, 2020

A site in Cleveland’s Duck Island enclave that has been considered for development for seven years, is back in play again under the stewardship of a real estate firm from Chicago’s suburbs.

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nuCLEus and Centennial projects may start this summer

Ken Prendergast / March 17, 2020

Two major development projects in downtown Cleveland could get underway this summer. And we’re not just talking about the 23-story City Club Apartments, the 75 Public Square renovation NEOtrans reported on last November, or the site preparations for Sherwin-Williams’ new headquarters tower on Public Square.

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How the Coronavirus is affecting construction in Cleveland

Ken Prendergast / March 13, 2020

UPDATED MARCH 16, 2020

As successful investor Warren Buffet says, “Be greedy when others are fearful.”

So are Greater Cleveland’s real estate developers fearful or greedy as Ohio and the country goes into Coronavirus emergency? And what might be the long-term implications of the pandemic on pending real estate developments?

How the Coronavirus is affecting construction in Cleveland Read More »

Legal dispute ends over building at edge of Sherwin-Williams HQ site

Ken Prendergast / March 11, 2020

A legal dispute over a small building at the edge of Sherwin-Williams’ (SHW) new headquarters site in downtown Cleveland has been resolved. But the long-term future of the building at 1350 W. 3rd St. remains in question.

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Seeds & Sprouts V – Early intel on real estate projects

Ken Prendergast / March 10, 2020

This is the Fifth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.

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Cleveland Clinic, Fairfax seek homes, biz & opportunity

Ken Prendergast / March 7, 2020

UPDATED MARCH 11, 2020

As more sections of the 3-mile, $330 million Opportunity Corridor Boulevard open, more stakeholders are pursuing real estate opportunities. That’s especially true where the first two sections have opened, from East 93rd Street north to Chester Avenue. Work is moving forward on the third and final section from East 93rd west to East 55th Street, set to open in two years.

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Lumen apartment tours reveal modern elegance, towering views

Ken Prendergast / March 5, 2020

If you want to rent your preferred apartment at Ohio’s tallest residential building, you’d better take a tour of The Lumen soon. But if you want to see what the views look like from the upper floors of the building, wait until summer before booking a tour.

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Tremont Lincoln Heights plan shows change is coming

1 Comment / Ken Prendergast / March 3, 2020

UPDATED MARCH 4, 2019

A development vision for the south-western part of Tremont called Lincoln Heights won unanimous support Monday from its immediate community. Now, that conceptual vision is headed to City Planning Commission on Friday for its possible adoption.

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