NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
While the steering committee is away, the consultants will play. But the consultants are getting ready to give a report on their findings about a new Justice Center. And what they have to say will bring into sharper focus the realistic sites for a new downtown courthouse as well as a new jail.
Read MoreCleveland’s next ‘whale’ may eat more land than first thought Read More »
Downtown Cleveland Residents (DCR), a community relations board, recently voted to support a rising need for more investment in public transportation, but in an innovative way that boosts economic growth and access to opportunity. Greater Cleveland needs more of both yet funding for public transportation from riders and from all levels of government has been in decline.
Read MoreDowntown residents support new way to fund transit, downtown’s growth Read More »
In the absence of renderings or other official news from Sherwin-Williams (SHW), Greater Clevelanders anxiously await the next little tidbit about their planned new downtown headquarters and suburban research facilities.
That little tidbit arrived in the past week, albeit not in a verbal or written form. Instead, it came from crews digging in a part of the downtown HQ site on the northeast corner of West 6th Street and West Superior Avenue. But the work wasn’t for construction — at least not yet.
Read MoreSherwin-Williams HQ could offer two large buildings Read More »
Reopening of the downtown Cleveland Heinen’s grocery store is delayed another month from earlier estimates. Previously, sources said the full-service store would open up again by early August. The store closed following the riots that hit numerous cities nationwide, including Cleveland, May 30.
Read MoreDowntown Heinen’s store reopening delayed Read More »
According to three sources who agreed to speak off the record, Flats West Bank property owner Jeff Jacobs may sell 5.6 acres of prime riverfront land near downtown Cleveland to a Columbus-based real estate developer or a partner thereof.
CASTO, which focuses on urban developments from Ohio to Florida, has expressed interest in acquiring or otherwise developing the land with a significant, multi-building, mixed-use development on the site. The land currently is used as a vast surface parking lot north of Jacobs’ Nautica Entertainment Complex that includes the Powerhouse at Nautica.
Read MoreColumbus developer has big plans for Flats West Bank Read More »
According to several sources, a development partnership is acquiring the Rockefeller Building, 614 W. Superior Ave., in downtown Cleveland and will redevelop the historic office building with micro-unit apartments, offices, retail and parking.
Read MoreRockefeller Building to start new life with housing, offices Read More »
Construction of several residence halls at Case Western Reserve University has been put on hold indefinitely, another victim of the COVID-19 pandemic and the fiscal uncertainties that surround it. Construction on the first phase of the $72+ million multi-phased project was due to start in early 2021.
Read MorePandemic quarantines CWRU development Read More »
Two small-to-medium-sized developments on each side of town are finding new lives after they’ve been significantly redesigned. One was a purely residential development in Lakewood that shrank but added mixed use. The other was a mixed-use development in Cleveland’s Larchmere district that has become purely residential.
Read MoreTwo developments, two sides of town and redesigned, too Read More »
A lot can change in just six years. That’s especially true when it comes to a university that’s continuing to make the transition from a regional commuter school to more of a nationally prominent residential institution.
And when that university is also trying to reconfigure its athlethic facilities, privatize its parking and capitalize on Cleveland’s international standing as a medical center, then it’s time to take a fresh look at its campus.
Read MoreCSU starts process for skyline-altering master plan Read More »
A new name has entered the mix for developing 1250 Riverbed St. on the Flats’ West Bank. Joseph Shafran, Chairman/CEO of Paran Management Co. of Cleveland is considering options for redeveloping the site.
Read MoreContestants emerging for Flats development Read More »
