NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
Bad news has surrounded the nation’s office market ever since the global pandemic hit in 2020. It doesn’t matter if the property is in the suburbs, the mother city or downtown. Leasing is down, vacancies are up, many buildings are in fiscal distress and remote working has put landlords on the defensive.
Read MoreThe Downtown Cleveland office tower that’s gaining occupancy Read More »
Cuyahoga County Executive Chris Ronayne, County Council, and Judge Michael P. Shaughnessy, the administrative and presiding Judge for the Cuyahoga County Common Pleas Court, announced they have reached a tentative agreement on a path forward for capital improvements to county courthouse facilities downtown.
Read MoreJustice Center to be renovated for $150M Read More »
Two significant development projects won financing from the Port of Cleveland yesterday — with one project in Downtown Cleveland and the other in suburban Brecksville.
Read MoreAC Marriott Downtown Hotel, new CSA Group HQ get funding OK’d Read More »
In 2008, the Greater Cleveland Regional Transit Authority’s (GCRTA) first bus rapid transit (BRT) line was the HealthLine east of downtown on Euclid Avenue to University Circle and East Cleveland.
Read MoreCity, GCRTA seek Broadway BRT, TOD Read More »
An affiliate of the Kassouf family is reportedly buying the 800 Superior office tower and its connected parking garage at its namesake address in Downtown Cleveland. That makes the third downtown property with a decayed garage in as many years that Kassouf has checked off its shopping list.
Read MoreKassouf buying downtown tower, garage Read More »
The developer and operator of a proposed riverfront amphitheater in Downtown Cleveland submitted their preliminary, conceptual plans for the project to the city, revealing the proposed layout and amenities of the planned venue.
Read MoreBedrock files Riverfront Amphitheater plans Read More »
Amid the growing controversies surrounding the expansion of data centers in Ohio, Downtown Cleveland’s largest data center is about to get bigger. And, as part of that expansion, it’s evicting small businesses and proposing to demolish a row of storefronts along a major downtown street.
Read MoreDowntown data center to demo stores Read More »
The Greater Cleveland Regional Transit Authority (GCRTA) has scheduled public hearings on proposed service reductions to address a financial crunch. But as NEOtrans first reported last month, those cuts will be less than transit agency officials first feared.
Read MoreGCRTA to hold hearings on service cuts Read More »
Along the Cuyahoga riverfront, several components of Bedrock’s $3.5 billion masterplan are starting to take shape in Downtown Cleveland. Furthest along is the Cleveland Clinic Global Peak Performance Center — the future practice facility for the Cleveland Cavaliers NBA team.
Read MoreBedrock sets foundation for $3.5 billion Downtown masterplan Read More »
Remedies are coming soon for a downtown landmark that has had too many dirty tricks played on it in recent years. But on this April Fool’s day, it appears the dirty tricks may have come to an end for the Rockefeller Building, 614 W. Superior Ave.
Read MoreRockefeller Building to get make-safe repairs Read More »
