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Lakewood Mayor Meghan George will reportedly announce tomorrow that Carnegie Management and Development Corp. is withdrawing as the city’s chosen developer of the $72 million One Lakewood Place project, according to two sources.
Read MoreCarnegie exits One Lakewood Place, new developer sought Read More »
If at first you don’t succeed, try, try, try again.
Stark Enterprises has publicly released a third iteration of its proposed nuCLEus development. And sources say that Stark has the resources to move forward with a groundbreaking based on this plan as soon as the city’s design review boards can meet again and act on it.
Read MoreNew nuCLEus, sans apartments, eyed for summer start Read More »
Demolition work is scheduled to start today for the $140 million Intro phase of the Market Square development in Cleveland’s Ohio City neighborhood. But if you wanted to attend a groundbreaking ceremony for this mixed-use project, the coronavirus crisis has made that risky and unnecessary.
There’s still going to be a groundbreaking in the coming days,
Demolition, groundbreaking this week for big Ohio City project Read More »
UPDATED APRIL 10, 2020
While the temporary scaling back of spending for the Sherwin-Williams’ (SHW) new headquarters+research (HQ+R&D) project is probably the most notable impact from the coronavirus crisis, it isn’t the only one in Greater Cleveland.
Read MoreCoronavirus crisis casualties in Cleveland real estate Read More »
A significant, multi-phase residential development is proposed on the border of the Hough and Fairfax neighborhoods, in the vicinity of Chester Avenue and East 75th Street. It and other developments represent a continued spillover effect from booming employers and residential investments in neighboring University Circle.
Read MoreChester75 sounds University Circle’s boom in Hough Read More »
A real estate partnership announced this week in a written statement that it has finalized its construction financing and hired its general contractor for a luxury condominium and townhouse development on the west-suburban lakefront.
Read MoreLakefront luxury development secures construction financing Read More »
On March 24, the Greater Cleveland Regional Transit Authority’s (GCRTA) Board of Trustees did two things it had never done before.
One, GCRTA’s board voted to help form and partially own a unique public-private corporation to acquire and oversee development of its Ohio City Red Line station-area property in partnership with Carnegie Management and Development Corp.
Lack of city hall tech risks making construction sector sick Read More »
The revitalization of Cleveland’s Detroit-Shoreway neighborhood continues to spread west. To the north, Edgewater Park and its healthy namesake neighborhood have improved in recent years. And to the west, Lakewood has seen Greater Cleveland’s fastest-growing real estate prices along with new housing development.
Read MoreCalming traffic at RTA station key to developing area Read More »
UPDATED MARCH 29, 2020
Three sources confirm that e-commerce giant Amazon has agreed to occupy a large new warehouse on Cleveland’s West Side and ultimately build out the rest of the site with more distribution facilities. The sources spoke off the record because they weren’t authorized to speak publicly about the deal.
Read MoreAmazon to add hundreds of jobs on Cleveland’s West Side Read More »
Historically, the area around Penn Square/East 55th Street was one of two “mini-downtowns” along Euclid Avenue east of the city’s central business district. Doans Corners/East 105th Street was the other, dubbed Cleveland’s Other Downtown.
Read MoreSale of Midtown development site on Euclid OK’d by GCRTA Read More »
