NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
To meet the growing demand for patient care on Cleveland’s west side, a growing Cleveland Clinic announced plans to significantly expand both Avon Hospital and Richard E. Jacobs Family Health Center. The $340 million project would nearly double the size of the campus, which is located just north of the Interstate 90-Nagel Road interchange in Avon.
Read MoreCleveland Clinic to nearly double Avon Hospital’s size Read More »
Frank Sinito Sr., founder of Millennia Companies, has stepped away from managing the day-to-day business of one of the nation’s largest owners and managers of affordable housing properties. In announcing this and other leadership changes, the company said it will be selling off parts of its affordable housing portfolio and expanding investments into market-rate housing.
Read MoreSinito walks away from running Millennia Read More »
Fifteen of Ohio’s professional sports teams from among the major and minor leagues joined together in sending a letter to state leadership, expressing support for Gov. Mike DeWine’s proposed process to allocate funding for sports facility projects through House Bill 96 and the Ohio Unclaimed Funds proposal. But, noticeably absent were the two teams with the largest stadium funding requests.
Read MoreOhio teams support DeWine’s stadium funding plan Read More »
A trio of projects — two in Cleveland and one in Brecksville — got a total of $92 million in financing approved by the Port of Cleveland to help get them closer to construction. Two are mixed-use housing developments in Cleveland totaling 355 residential units. The third is a new, 136-room AC Marriott hotel at Valor Acres, the former Veterans Administration (VA) Hospital site in Brecksville.
Read MorePort OK’s $92M for Cleveland, Brecksville projects Read More »
NEOtrans has learned that the developer of a 30-acre spread of land in suburban Highland Hills isn’t marketing the assembled parcels to a new, job-rich end-user. The reason is that the developer already has one lined up for the land, located in the 22700 block of Millcreek Blvd.
Read MoreIndustrial user lined up for Highland Hills site Read More »
On March 16, family, friends and colleagues of Thomas V. Chema received horrible news. The 78-year-old leader of civic causes and institutions died suddenly at his home in Downtown Cleveland. Chema was in the midst of excitedly pursuing his latest civic endeavor — the extension of Cuyahoga Valley Scenic Railroad trains into downtown.
Read MoreCVSR pursues Downtown Cleveland link with CSX Read More »
In the latest episode of “where are they looking now,” Great Lakes Brewing Company (GLBC) reportedly has its eye on a site in suburban Westlake near the Interstate 90-Columbia Road interchange for a new production facility. But the deal isn’t done and the city of Cleveland reportedly is striving to keep one of Ohio’s largest craft brewers in the city.
Read MoreGreat Lakes Brewing Co. looks to the suburbs, again Read More »
According to two sources familiar with the matter, the International Exhibition (I-X) Center next to Cleveland Hopkins International Airport will become a data center. And, according to one of those sources, the end user is likely to be Amazon Web Services.
Read MoreI-X Center’s new use revealed Read More »
Cuyahoga Land Bank and First National Bank (FNB) have announced a new partnership to accelerate development in the Circle East District in East Cleveland by supporting homeownership. Since 2022, the land bank has been busily rebuilding this neighborhood next to University Circle from the sewers up.
Read MoreBanking on a large East Cleveland development Read More »
Support for the planned domed stadium in Brook Park by the Greater Cleveland Partnership (GCP), announced earlier this week, has ruffled a few feathers. And it’s not just those that were expected to be ruffled — Cuyahoga County and City of Cleveland officials, Downtown Cleveland Inc., and others. Now, it’s the parent company of the Cleveland Cavaliers who say pursuing the stadium at this time is a bad idea.
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