Downtown Cleveland

NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area

CSU starts process for skyline-altering master plan

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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.

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Talks start for Cleveland’s own High Line-type park

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Above the Flats’ West Bank, Cleveland could have its own scaled-down version of New York City’s High Line park if early talks bear fruit.

The site is the Superior Viaduct that was completed in 1878 but closed to traffic in 1920. It’s primary use over the past 20 years is as a parking lot for K&D Group’s Stonebridge development that includes apartments, condominiums, restaurants, galleries and offices. The viaduct’s former roadway deck, still hosting streetcar tracks from long ago, is largely barren.

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Heinen’s downtown Cleveland store to reopen by August

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According to a source close to the situation but was not authorized to speak publicly about the matter, Heinen’s downtown Cleveland grocery store will reopen in four to eight weeks.

Rumors have swirled since the nationwide riots and looting on May 30 forced the closure of the full-service downtown grocer. The store suffered modest damage and theft of merchandise from the first floor only. Some downtown residents feared the store would not reopen.

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Co-working biz expands to Cleveland with Hingetown launch

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In 2020, as the practice of social distancing has dominated, a relatively new business is taking the opposite approach. COhatch, founded in Columbus in 2016, is creating a community-centric approach to co-working where people not only work together, but socialize, exercise, host events and support new business ideas with the help of local investors in the same location.

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Wolstein goes west as backer of Flats West Bank tower

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An important local real estate developer has emerged to lead a proposed apartment and hotel tower on the Flats’ West Bank, giving the project further legitimacy. That backer is the man who brought the Flats’ East Bank back from the ruins of being Cleveland’s Party Central in the late-20th century to become a bright, attractive mixed-use development.

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Cleveland’s exciting parking garage project. No, seriously

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Parking garages aren’t usually all that exciting. But one planned for the Flats’ West Bank might be the most exciting parking garage in Cleveland in 15 years.

In 2005, the nine-level 515 Euclid garage was designed and built with the promise of a future high-rise atop it. That garage ended up attracting Stark Enterprises which built the 19-story, $95 million Beacon apartment tower. Beacon saw construction start in 2017; it opened last year.

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Developers, investors making big plays on Flats’ West Bank

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Despite the economic slowdown, several prominent local and national developers and investors are making big real estate plays on the Flats’ West Bank, across the Cuyahoga River from downtown Cleveland. The end result could be a mix of buildings with mostly residential offerings and at least two of the developments possibly rising to 20 stories or higher.

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