Two major, multi-family residential projects, one in Cleveland and the other in Mayfield Heights, got their financing packages approved today by the Cleveland-Cuyahoga County Port Authority. About $47 million in revenue bonds were approved for the two projects which represent a combined investment of $65 million.
Read MorePort finances Cleveland, Mayfield apartments & more Read More »
In a weak office market, another office property has been listed for sale. But this time, a Downtown Cleveland property is hitting the market because Cuyahoga County Common Pleas Court Judge Cassandra Collier-Williams ordered it to, so as to resolve a foreclosure complaint.
Read MoreMortgage spat puts downtown building on market Read More »
An ambitious and innovative plan to construct a high-tech cold storage facility for medical and pharmaceutical uses along the Opportunity Corridor Boulevard has secured the top prize in the first Cleveland Equitable Development Initiative (CLE-EDI) real estate developer pitch competition. The competition was spearheaded by Cleveland Development Advisors and Cleveland Neighborhood Progress.
Read MoreMedical warehouse wins pitch competition Read More »
For more than 15 years, the landmark Northern Ohio Blanket Mills, 3160 W. 33rd St., sat empty and decaying. But this summer, following a $30 million renovation, residential and commercial tenants are moving into the 19th-century factory in Cleveland’s Clark-Fulton neighborhood that was once the country’s largest manufacturer of woolen horse blankets and carriage robes.
Read MoreNorthern Ohio Blanket Mills ready for next role Read More »
Cleveland’s booming food industry on the city’s East Side continues to boom. The next explosive expansion could more than double the size of Miceli Dairy Products Co., 2721 E. 90th St., in Cleveland’s Buckeye-Woodhill neighborhood. The company, which turned 100 years old last year, is planning an investment of about $128 million divided among three phases of expansion that promises up to 250 new jobs.
Read MoreMiceli Dairy plans $128M expansion, 250 new jobs Read More »
This week, Sherwin-Williams released a parking plan for workers at its new Downtown Cleveland headquarters that is due to open sometime in mid-2025. The parking plan was provided to the nearly 3,500 headquarters employees to answer their commuting questions, although the impacts of the plan will effect other workers, residents and visitors in the western part of downtown.
Read MoreSherwin-Williams outlines new HQ parking plan Read More »
Plans for shoring up the structure of St. Theodosius Cathedral, 733 Starkweather Ave., in Cleveland’s Tremont neighborhood, to prevent its collapse following last week’s devastating fire were submitted to the city. The plans included close-up photographs of the extensive damage caused by the accidental May 28 fire. The photos were filed with the city today and published here by NEOtrans.
Read MoreSt. Theodosius Cathedral begins its long recovery Read More »
In one of the largest single federal grant requests ever by the city of Cleveland, Mayor Justin Bibb’s administration is seeking $268 million from the federal government to tackle four main lakefront improvement projects simultaneously. The projects, which include reconfiguring the Shoreway highway into a boulevard with intersections, have the backing of the Ohio Department of Transportation (ODOT), Cuyahoga County and others.
Read MoreCleveland seeks one big grant for lakefront connector, Shoreway Blvd, multimodal station Read More »
A new multi-purpose stadium sought by the owners of the Cleveland Browns in suburban Brook Park appears to be growing legs thanks to a willingness by state lawmakers to fund a significant portion of the stadium’s construction costs. The biggest questions at this time are how much state funding may be forthcoming and will it make a big enough dent in the public sector side of the financial equation.
Read MoreState lawmakers support some stadium funding Read More »
For 120 years, a settlement house at 1523 E. 55th St. has served the philanthropic needs of Cleveland’s Hough neighborhood. Following a planned $2 million structural renovation and expansion by the Cliquepoint Data Foundation, it will continue to serve the community albeit in a different capacity.
Read MoreHough’s Rainey Institute to be civic incubator Read More »
