Data-rich and deep analytical information about Greater Cleveland development news
Upon opening Realife Real Estate Group’s Web site, a video begins to roll. The video is from a drone coming in low from the west, soaring above downtown Cleveland’s Warehouse District. And it is not a coincidence that the first parking crater it passes over is the multi-parcel lot on the southeast corner of St. Clair Avenue and West 9th Street.
Read MoreInvestors pump up height of planned Cleveland skyscraper Read More »
On Monday, July 1, BlockLand Cleveland will announce that The Avenue at Tower City Center is the group’s chosen site for a hub for entrepreneurs called City Block. The hub could someday grow to be the world’s largest incubator under one roof.
Read MoreCity Block at Tower City, announcement Monday; sneak peak Read More »
To paraphrase Mark Twain, the reports of the nuCLEus development stalling were greatly short-lived. For those of us who welcome investment in downtown Cleveland, we’re grateful for the news.
Just last week, sources said all signs indicated that the $354 million project to build two 24-story towers between Prospect Avenue, Huron Road and East 4th Street had stalled. The delay apparently was the result of complications surrounding a $12 million loan from the city. It was among the final pieces of financing for the project.
Read MoreNuCLEus gets financing, possible August groundbreaking Read More »
This week I took a tour of the completed portion of the Opportunity Corridor, a project whose side mission is to change land use and turn dirt in a part of the city where the dirt hasn’t been turned in a very long time.
Read MoreSeeking opportunity in the Opportunity Corridor Read More »
Another bump in the road has stalled the massive nuCLEus development in downtown Cleveland. This time it has stalled from an impasse over a city loan, even as the project has garnered more than 95 percent of its funding and was scaled down to two-thirds of its previous size. The last piece of financing seems to be eluding the joint venture of Stark Enterprises and J-Dek Investments Ltd.
Read MoreDowntown’s nuCLEus stalls with impasse, tiny Stark equity Read More »
One number can convey a lot information. But it also leaves a number of questions unanswered.
As many longtime readers of this blog know, I’ve been closely following Sherwin-Williams’ (SHW) worsening office space situation and upcoming request for proposals (RFP) to build a new world headquarters (HQ) in the Greater Cleveland area.
Sherwin-Williams has Cleveland’s number, thankfully Read More »
UPDATE: Sherwin-Williams isn’t commenting on this story and, after it was published, an internal e-mail was sent to company managers and department heads advising them to not comment if any media asks about the company moving its headquarters/research and development activities to new facilities.
It appears the stakes couldn’t be higher for the City of Cleveland as global coatings giant Sherwin-Williams Co. (SHW) prepares to issue a request for proposals from development teams seeking to build a massive new headquarters and research facility.
Sherwin-Williams’ HQ: will it be Ohio’s tallest or suburban-bound? Read More »
Trying to repurpose an existing building in or near downtown Cleveland for the city’s new police headquarters was a well-intentioned exercise with a cost-saving goal. Despite it not being fulfilled, the effort may still have a happy ending. The reason is the police department may go back to its old home.
Read MoreOld CPD station? New CPD station Read More »
Three developments featuring 11-story residential buildings are planned to rise in the coming months in Cleveland’s University Circle.
The Finch Group is proposing to build a mixed-use project called Infinium on the site of the Cleveland-East facility for the Centers for Dialysis Care (CDC), 11717 Euclid Ave., according to two sources.
University Circle’s trio of 11-story developments Read More »
Last week I sat in a small conference room with nearly a dozen real estate developers and investors planning a cool new project in Cleveland’s urban core. I was there to add my two cents on a transportation access component of that project. Seated in the corner of the room was another guy, representing a lending institution that provides equity from one of the many fast-growing Opportunity Zone Funds.
Read MoreCleveland is rising up in the O-Zone Read More »
