Development News

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Developers, investors making big plays on Flats’ West Bank

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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Lakewood weighs Plan B for hospital redevelopment

Starting today, the City of Lakewood will begin the process of salvaging the redevelopment of the city-owned Lakewood Hospital site.

That redevelopment was left in limbo when Mayor Meghan George last week announced that the city and its first-choice developer had reached an irreconcilable impasse over the site clean-up costs. Carnegie Management and Development Corp. had terminated its agreement with the city.

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