Sources at two companies that do business with Stark Enterprises say that the $350 million nuCLEus development in downtown Cleveland isn’t going to be moving forward anytime soon.
One source says the project is on hold. The other says the project is dead. The reason why the project apparently has stalled isn’t completely clear.
Read MoreNuCLEus development stalls — again? Read More »
On Aug. 20, the Greater Cleveland Regional Transit Authority’s (GCRTA) Board of Trustees is expected to approve selling a chunk of Euclid Avenue land in Midtown to a Cleveland Foundation affiliate for future development.
The sale is the latest example of intensifying interest in rejuvenating this once-vibrant neighborhood that’s been relegated to pass-through status for more than 40 years.
Read MoreMidtown property sale designed to spur new development Read More »
Geis Companies reportedly is on an aggressive timetable to build a five-story, 31-unit condominium building in downtown Cleveland, eyeing a possible fall groundbreaking if it can get city approvals in a timely manner.
Read MoreCondos to rise at Avenue District this fall Read More »
A principal of the real estate development firm that was pursuing renovation and redevelopment of the Westinghouse Electric and Manufacturing Co., 1200 W. 58th St., confirmed that the firm has decided not to go forward with the project.
Read MoreIt’s official: Westinghouse redevelopment fizzles Read More »
Many of us don’t get to see the behind-the-scenes activity that developers go through in renovating old buildings. We get to see the work being done on the outside of buildings and, if we peer through the windows, we can see the construction work being done inside.
Read MoreWestinghouse, Blanket Mills conversions face adversity Read More »
The Michigan-based chain of City Club Apartments is nearly done amassing its capital stack for a proposed 22-story residential tower at 720 Euclid Avenue. The firm reportedly feels confident enough that it can close the small, remaining gap in financing to target “early 2020” for a possible groundbreaking date, according to two sources.
Read MoreCity Club tower nearly ready to rise on Euclid Ave. Read More »
If you try to go whaling in the ocean of rumors for Sherwin Williams’ (SHW) headquarters and research/development facilities, bring two things with you: hip waders and a fog lamp. Unfortunately, at this early stage, neither of those are going to help you make much sense of so much conflicting, disorienting information in trying to catch The Whale, aka SHW’s HQ and R&D facilities.
Read MoreHQ, R&D search shrouded in a fog of Sherwin-Williams rumors Read More »
Proposed skyscrapers invariably overshadow smaller building projects when it comes to attracting media attention. But mid-rise new-construction projects far outnumber their loftier counterparts in Greater Cleveland. So here’s an inventory of planned mid-rise projects in the region.
Read MoreHere come Cleveland’s mid-rises! Read More »
Upon opening Realife Real Estate Group’s Web site, a video begins to roll. The video is from a drone coming in low from the west, soaring above downtown Cleveland’s Warehouse District. And it is not a coincidence that the first parking crater it passes over is the multi-parcel lot on the southeast corner of St. Clair Avenue and West 9th Street.
Read MoreInvestors pump up height of planned Cleveland skyscraper Read More »
Two sources confirm that demolition is slated to begin by mid-August for the nuCLEus development in downtown Cleveland. While there is no news yet of a groundbreaking date for the $354 million development led by Stark Enterprises, most signals appear to be green for building the mixed-use project. But there are still some yellow signals, too.
Read MoreDemolition for NuCLEus to start by mid-August Read More »
