Construction News – Page 12

City Club tower tenants announced

Ken Prendergast / June 22, 2023

Detroit-based City Club Apartments, a 104-year-old private real estate owner, developer and operator, held a Topping-Off event today on the 18th floor of its 23-story City Club Apartments-Cleveland mixed-use apartment and penthouse community. Mayor Justin Bibb and City Club Apartments Chairman and CEO Jonathan Holtzman were among the speakers at the event that celebrated the construction milestone, opening of the residential pre-leasing center nearby at 313 Euclid Ave. and the announcement of four café/restaurant/bar venues at the new 250-foot-tall tower.

City Club tower tenants announced Read More »

Seeds & Sprouts XXIX – CSU to start arena plans, Downtown garage demo, Olde Cedar’s replacement

Ken Prendergast / June 21, 2023

Cleveland State University is about to start work on plans for a new arena, a downtown parking garage will be demolished — for a parking lot, and one of the oldest public housing projects in the USA along with the old juvenile justice center will be demolished for a mixed-income housing complex.

Seeds & Sprouts XXIX – CSU to start arena plans, Downtown garage demo, Olde Cedar’s replacement Read More »

Erieview Tower project gains potent partner

Ken Prendergast / June 17, 2023

Despite recent departures from the project, development team members assured NEOtrans that the $100 million redevelopment of the Tower at Erieview in downtown Cleveland is still going forward. A big reason why is because the development team has gained a potent new member — an influential Cleveland-based law firm tied into active developer TurnDev and its financing arm TurnCap.

Erieview Tower project gains potent partner Read More »

Miketo’s Lorain Ave stake growing

Ken Prendergast / June 7, 2023

A 28,000-square-foot mixed-use development called 4732 Lorain is proposed at the west end of Cleveland’s Ohio City neighborhood offers to expand densification and neighborhood vibrancy west along Lorain Avenue. And, it would expand real estate developer and owner Jim Miketo’s investments west along that rapidly redeveloping thoroughfare as well.

Miketo’s Lorain Ave stake growing Read More »

CWRU reveals research center details

Ken Prendergast / June 6, 2023

Case Western Reserve University (CWRU) President Eric Kaler yesterday announced the details of the university’s new, 200,000-square-foot research center intended to promote collaborative discovery and innovation. Called the Interdisciplinary Science and Engineering Building (ISEB), the $300 million investment represents the university’s largest-ever project on the Case Quad, northeast of Euclid Avenue and Martin Luther King Jr. Boulevard.

CWRU reveals research center details Read More »

Bedrock riverfront phase 1 uses ID’d

Ken Prendergast / June 2, 2023

Plans for Bedrock Real Estate’s riverfront development alongside Tower City Center in downtown Cleveland are rapidly coming together after recent city approvals of its development masterplan. Those plans, albeit still at a conceptual stage, provide insights into Bedrock’s desires and thinking about what land uses it wants to include in its first phase. From those plans and other new information, it appears that the uses to be included are primarily ones that Bedrock’s owner Dan Gilbert can control.

Bedrock riverfront phase 1 uses ID’d Read More »

Playhouse Square announces new projects

Ken Prendergast / May 31, 2023

First reported by NEOtrans more than two months ago, the Playhouse Square Foundation announced officially today that it will begin work in June on converting half of the Bulkley Building, 1501 Euclid Ave., in downtown Cleveland into market-rate apartments. Additionally, the nonprofit community development organization also said it has converted the fourth floor of the Hanna Building, across the street at 1422 Euclid, into co-working spaces called Backstage at PSQ.

Playhouse Square announces new projects Read More »

Voss factory conversion comes into focus

Ken Prendergast / May 27, 2023

Legislation was introduced this week by several Cleveland City Council members to help finance the conversion of the abandoned Voss Industries plant, 2168 W. 25th St., in Cleveland’s Ohio City neighborhood into a mixed-use complex. The projected price tag to carry out the redo is at least $62 million. While the property’s owner and developer MRN Ltd. has been kicking around various ideas for reusing the property for the last couple of years, none of those concepts have advanced as far as this stage of nailing down its financing for a specific program.

Voss factory conversion comes into focus Read More »

Downtown project wins financing

Ken Prendergast / May 26, 2023

With financing now in hand, look for demolition and construction work to start this summer for the Residences at Bolivar, 1060-1124 Bolivar Rd., in downtown Cleveland’s Gateway neighborhood. The work was made possible by Chicago-based JLL Capital Markets arranging $38.5 million in construction financing and co-general partner equity in the project from an affiliate of another Chicago firm, Leopardo Companies. JLL Capital Markets announced the financing in a written statement this week.

Downtown project wins financing Read More »

From Jersey barriers to Raptors on Public Square

Ken Prendergast / May 19, 2023

Out go the Jersey barriers. In come the Raptors. That was the decision today by the Cleveland Planning Commission to redesign downtown’s Public Square from its 2016 redesign. In fact, the $3.5 million plan as approved would restore one aspect of the 2016 Public Square renovation which cost $50 million. That would be to restore the planned sharrows on both sides of Superior Avenue in the middle of the square. The approved redesign places 60 new bollards along the slimmed-down street which will remain bus-only through the square.

From Jersey barriers to Raptors on Public Square Read More »