NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
As a follow-up to last week’s article in which NEOtrans broke the story about the new nuCLEus and Herold Building plans, there is an interesting back-story behind the new approach. It all centers on addressing the difficulty of constructing new office buildings in Cleveland.
Read MoreHow nuCLEus and Herold got their lives back Read More »
If at first you don’t succeed, try, try, try again.
Stark Enterprises has publicly released a third iteration of its proposed nuCLEus development. And sources say that Stark has the resources to move forward with a groundbreaking based on this plan as soon as the city’s design review boards can meet again and act on it.
Read MoreNew nuCLEus, sans apartments, eyed for summer start Read More »
A real estate partnership announced this week in a written statement that it has finalized its construction financing and hired its general contractor for a luxury condominium and townhouse development on the west-suburban lakefront.
Read MoreLakefront luxury development secures construction financing Read More »
On March 24, the Greater Cleveland Regional Transit Authority’s (GCRTA) Board of Trustees did two things it had never done before.
One, GCRTA’s board voted to help form and partially own a unique public-private corporation to acquire and oversee development of its Ohio City Red Line station-area property in partnership with Carnegie Management and Development Corp.
Lack of city hall tech risks making construction sector sick Read More »
A site in Cleveland’s Duck Island enclave that has been considered for development for seven years, is back in play again under the stewardship of a real estate firm from Chicago’s suburbs.
Read MoreBig Duck Island development moves forward Read More »
Two major development projects in downtown Cleveland could get underway this summer. And we’re not just talking about the 23-story City Club Apartments, the 75 Public Square renovation NEOtrans reported on last November, or the site preparations for Sherwin-Williams’ new headquarters tower on Public Square.
Read MorenuCLEus and Centennial projects may start this summer Read More »
A legal dispute over a small building at the edge of Sherwin-Williams’ (SHW) new headquarters site in downtown Cleveland has been resolved. But the long-term future of the building at 1350 W. 3rd St. remains in question.
Read MoreLegal dispute ends over building at edge of Sherwin-Williams HQ site Read More »
If you want to rent your preferred apartment at Ohio’s tallest residential building, you’d better take a tour of The Lumen soon. But if you want to see what the views look like from the upper floors of the building, wait until summer before booking a tour.
Read MoreLumen apartment tours reveal modern elegance, towering views Read More »
The construction crane for The Lumen apartment tower in Cleveland’s Playhouse Square (PHS) came down last month as the skyscraper topped out. Starting next month, the curtain goes up for the marketing and leasing of Ohio’s tallest residential tower.
Read MoreRents, tours announced for Ohio’s tallest residential tower Read More »
One of the downtown properties in the running for Sherwin-Williams (SHW) headquarters plus research and development (HQ+R&D) facilities was Bedrock Cleveland’s Tower City Center.
But when SHW chose to put its HQ elsewhere downtown and its R&D facilities in Brecksville, Bedrock lost out on landing a major anchor tenant for its ambitious, multi-phase City Block development, located in and south of Tower City Center.
Read MoreCity Block project at Tower City faces challenges post-SHW Read More »
