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Combine a tight apartment market in Cleveland’s urban core with a relatively large undeveloped property in Tremont and the outcome isn’t surprising. What is surprising is that it has taken this long for an 0.8-acre vacant property along Fairfield Avenue west of West 11th Street to get developed.
Read MoreTremont apartment complex proposed Read More »
A zombie is about to be slayed thanks to a property transfer and a development partnership that got good news this week. That zombie is 45 Erieview, the former Ohio Bell headquarters in downtown Cleveland at the southeast corner of East 9th Street and Lakeside Avenue.
Read More45 Erieview sale, financing closes Read More »
One month ago, NEOtrans published news from two sources that NRP Group would reactivate its plans for a development with 300-plus residences on Scranton Peninsula in Cleveland’s Flats. Tomorrow, those plans are being presented to the City Planning Commission for final approval.
Read MoreNRP Group’s renews plans for Scranton Peninsula Read More »
NEOtrans is receiving word that the proposed Bedrock megaproject in downtown’s Cleveland Gateway District may be comparable in scale to a major development in downtown Detroit. When asked how big Bedrock’s planned development in downtown Cleveland might be, two sources close to the Detroit-based firm said “Look at the Hudson’s Site.”
Read MoreA variant of Bedrock’s Hudson’s Site in Cleveland? Read More »
Before the pandemic, Playhouse Square Foundation officials said if leasing at The Lumen meets or exceeds their expectations, they would consider an encore. The Lumen has been a towering achievement.
Read MorePlayhouse Square to write Act II to The Lumen Read More »
Financing could be secured this spring for the redevelopment of the northwest corner of Pearl and Memphis in the heart of Cleveland’s Old Brooklyn. But a casualty of the investment would be the 119-year-old St. Luke United Church of Christ.
Read MoreBusy Old Brooklyn corner ID’d for redevelopment Read More »
It’s going to be a little while longer before the developers of 42 projects, many of them megaprojects, across the state learn whether their project is going to win a golden ticket and get a big step closer to their own groundbreaking ceremony.
Read MoreTMUDs – taking more time Read More »
The fate of lakefront development in Cleveland appears to depend on whether local, regional and state policymakers want more traffic and for it to pass through downtown quickly or to have less traffic and for it to travel into the central business district more slowly.
Read MoreDowntown lakefront development may depend on removing the Shoreway Read More »
Although the now-dead nuCLEus plan enticed us with its promise of a large-scale project for seven years, there are growing indications that a potential megaproject in downtown Cleveland’s Gateway District could be even larger.
Read MoreDowntown Gateway megaproject coming to light Read More »
Last week, a large, Chicago-area investment firm that reinvigorates multi-family properties acquired two aging, mid-rise apartment complexes on Shaker Boulevard just west of Cleveland’s Shaker Square for $12.4 million, according to public records.
Read MoreAging Shaker Square apartment complexes bought Read More »
