Data-rich and deep analytical information about Greater Cleveland construction news
A lack of affordable, extended-stay hotel accommodations near the Cleveland Clinic’s Main Campus has prompted a development team to fill that void. But in order to keep long-term stays affordable for families visiting Clinic patients, the hotel will have to be built on more affordable land at the periphery of the Main Campus. In this case — Cleveland’s Hough neighborhood.
Read MoreHough hotel planned near Cleveland Clinic Read More »
A new, enclosed Huntington Bank Field will be built in Brook Park. And the current home of the Cleveland Browns in Downtown Cleveland will be demolished for lakefront redevelopment for which the owners of the Browns will help finance to the tune of $100 million.
Read MoreHaslams to fund $100M lakefront stadium demo, redevelopment Read More »
Another parking crater in Downtown Cleveland has succumbed to a new development that promises to attract hundreds of thousands of visitors per year. The latest to disappear is a windswept, 3-acre parking lot in the Gateway District, across Huron Road from Rocket Arena, home to Cleveland Cavaliers basketball and Cleveland Monster hockey games.
Read MoreGateway parking lots are closed – forever? Read More »
The local affiliate of a national nonprofit organization today announced the first of two financing commitments for the new Cleveland Housing Investment Fund (CHIF). Both commitments are long-planned affordable housing developments that will help address the city’s affordable housing crisis.
Read MoreTwo Cleveland housing developments to benefit from new funding program Read More »
The Port of Cleveland Board of Directors today approved $50 million in bond financing to support two significant development projects — the redevelopment of the historic Park Synagogue in Cleveland Heights and a new apartment community along Chester Avenue in Cleveland’s Hough neighborhood.
Read MoreChester 82 joins Park Synagogue in Port funding Read More »
The City of Cleveland Heights has reached an agreement with a local, experienced real estate developer to help finance the redevelopment of the former Park Synagogue and its green space as an arts campus and residential village.
Read MorePark Synagogue redevelopment OK’d Read More »
Building a 67,000-seat stadium where none has existed before is proving to be a big expense for expanding road and transit systems to accommodate huge surges in traffic on a relatively small number of event days each year. And it is government funding that is being requested to cover that construction expense which has now risen to $122.15 million.
Read MoreBrook Park stadium public infrastructure costs rise to $122 million Read More »
In the latest chapter of the region’s ongoing stadium saga, the City of Cleveland has sued the Ohio Department of Transportation’s (ODOT) Office of Aviation for granting a permit for the construction of a new stadium next to Cleveland Hopkins International Airport.
Read MoreCleveland sues ODOT for Browns stadium ruling Read More »
With work underway to redevelop the former Cedar Branch YMCA to become African Town Plaza, its developer James Sosan is now looking for his next real estate project. He didn’t have to look far.
Read MoreAfrican Town biz incubator wins OK Read More »
Although NEOtrans broke the story of Dollar Bank’s retail location move in Downtown Cleveland back in July, company officials made the news official and more detailed in an announcement yesterday.
Read MoreDollar Bank makes Downtown move official Read More »
