By the end of this year, Cleveland coatings giant Sherwin Williams (SHW) plans to issue a request for proposals (RFP) from design-build teams for a new or expanded corporate world headquarters and research facilities. That’s the word from two sources in the development community.
Read MoreNew Sherwin Williams HQ plans may stir by 2020 Read More »
With roughly 80 acres of land, Cleveland’s Scranton Peninsula is practically a blank canvas for a developer to pursue their SimCity dreams along a navigable waterway in the heart of a major city. And someone has just planted a big flag on Scranton Peninsula, the largely vacated expanse of land nearly surrounded by the Cuyahoga River a mile south of Public Square.
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The real estate market in Cleveland and especially downtown is shifting into a whole ‘nother gear.
Growth of the market combined with the advent of new financing tools, plus the dwindling supply of older office buildings available for residential conversion is making significant new construction more realistic.
Read MoreFour downtown towers are in the works Read More »
Today, the Greater Cleveland Regional Transit Authority (GCRTA) announced its staff recommendation for who should develop its Duck Island property along Columbus Road south of the Ohio City Red Line rail station. The GCRTA Board of Trustees still must decide whether to approve that recommendation. The proposed team and design may be intriguing to many.
Read MoreColumbus Road TOD coming into focus for Duck Island Read More »
Tower City Center, formerly Cleveland’s main railroad passenger station, could soon enter its third incarnation — this time as a $150 million tech hub. Dubbed City Block, the hub would become an incubator for a variety of technology firms, ranging in size from Fortune 100 anchor companies to flash-in-the-pan start-ups.
Read MoreCleveland’s Tower City may soon become tech hub Read More »
An exciting development is in the works for the Hingetown section of Cleveland’s Ohio City neighborhood, according to multiple sources. Although still in a preliminary stage, the development’s concept at this point involves putting the offices for a fast-growing downtown company on the lower floors of a new building with apartments on the upper floors.
Read MoreOhio City mixed-use project may feature downtown ad firm Read More »
Recent real estate projects show the strength of the housing market in Cleveland, especially in certain neighborhoods accessible to downtown and the lake. New projects are taking at a stab at an undeveloped area for housing — East 55th Street and the Shoreway, just west of Gordon Park.
Read MoreGordon Park area — Cleveland’s next housing boom site? Read More »
If the city has its way, a $65 million land bridge linking Downtown Cleveland’s malls to the lakefront could soon be the centerpiece of a multi-faceted plan to enhance the area around North Coast Harbor. Developments surrounding the proposed land bridge include expansion of the Rock & Roll Hall of Fame, Great Lakes Science Center, Cumberland Real Estate Development’s next phases as well as a multi-modal transportation center.
Read MoreDowntown-lakefront land bridge has momentum, funding Read More »
What if I told you that Downtown Cleveland could soon have more than six million square feet of buildings under construction at the same time? What if I told you downtown already has four million square feet of construction underway or about to begin? Yes, 10 million square feet total.
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One of the most visible historic factories in Cleveland may soon be in the hands of a developer that has a proven track record of restoring such buildings.
The former Westinghouse Electric and Manufacturing Co. at 1200 W. 58th St. near Gordon Square in the Detroit-Shoreway neighborhood is best known for its eight-story structure towering over the Westinghouse Curve of the West Shoreway (aka State Route 2) near Edgewater Park. Or, perhaps you recall the Black Widow interrogation scene from the 2012 Avengers movie that was filmed here.
Read MoreOld Westinghouse plant may soon be in developer’s hands Read More »
