Development News

Data-rich and deep analytical information about Greater Cleveland development news

Cleveland NWSL bid falls short, seeks future team

Denver appears to have outbid its nearest rivals, including Cleveland and Cincinnati, for the 16th expansion team in the National Women’s Soccer League (NWSL). A Denver-based ownership group is reported to be exclusively negotiating a $105 million to $120 million fee to land the team — or roughly double the previous record high expansion fee of $53 million paid last year by a Boston group.

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Ohio City housing emerging south of tracks

An early indicator of an emerging real estate development is to see a request for unused public rights of way to be vacated. Another is a mass of properties being acquired by the same company in the same area. Yet another is to see decaying structures in that area be demolished. All three of those conditions are occurring on Barber Avenue at West 30th Street, where Cleveland’s Ohio City neighborhood meets Clark-Fulton.

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Cleveland maritime sector is big business

The Port of Cleveland and the maritime-dependent industrial sector are showing resiliency and growth as an economic force in Northeast Ohio, according to a new study commissioned by the Ohio Department of Transportation (ODOT). The latest analysis reveals the port and maritime sector generates more than 23,000 jobs and over $7 billion in economic impact, a notable increase of $2.3 billion since 2021.

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Bridgeworks gets green light from Landmarks

Typically, the third time’s a charm, but Bridgeworks needed more times than that to earn the approval of the Cleveland Landmarks Commission. Ultimately, the proposal passed unanimously today. The go-ahead allows developers to move forward with constructing all of the $84 million project, located at 2429 W. Superior St. in Cleveland’s Ohio City neighborhood.

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Haslam email preempts City, County at stadium debate

Yesterday morning, Cleveland Mayor Justin Bibb, Cuyahoga County Executive Chris Ronayne, Cuyahoga County Council President Pernel Jones Jr., Cleveland City Council President Blaine Griffin arrived at the monthly board meeting of the Greater Cleveland Partnership (GCP). There, they asked the 70-member board of the region’s corporate CEOs and presidents to side with them on where the Cleveland Browns should play their home games after 2028.

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NE Ohio projects get historic wins from tax credits

There were 14 Cuyahoga County historic renovation projects that won a total of $16,267,141 in Ohio Historic Preservation Tax Credits today. Most of those projects would repurpose their 50-plus-year-old buildings for new uses so they can contribute to their communities for at least another 50 years. Some of the buildings are pretty well known.

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Haslams announce Brook Park stadium-area development partner, updated plans

New details emerged today on the proposed $1.2 billion mixed-use district surrounding the Haslam Sports Group’s (HSG) proposed all-purpose, roofed stadium in the Cleveland suburb of Brook Park. HSG announced that Lincoln Property Company, a global real estate firm, will be the development partner for the Cleveland Browns’ 176-acre mixed-use entertainment district.

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