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Health Tech Corridor and University Circle

Cleveland Clinic sees a busy 2023

For several years, NEOtrans has been following the emergence, planning and development of major projects at the Cleveland Clinic Foundation’s Main Campus on the city’s East Side. In 2023, shovels will go into the ground for several of those projects which, in total, will rival the global health system’s last big building boom that occurred about 15 years ago. NEOtrans interviewed two Cleveland Clinic leaders to learn more about the Clinic’s $1.3 billion construction program.

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Circle Square: looking ahead

When Circle Square won a megaprojects tax credit earlier this month from the state, it helped set the financial foundations for the next structures in the massive undertaking in Cleveland’s University Circle. Already, Circle Square’s developers have forever changed the skyline of Cleveland’s second downtown. But more is about to come along Stokes Boulevard, between Euclid and Chester avenues.

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Old Brooklyn development plan wins support

Plans for redeveloping the northwest corner of Pearl Road and Memphis Avenue in the heart of Cleveland’s Old Brooklyn neighborhood were set in motion yesterday when a Pittsburgh-based architecture and development firm and its conceptual plan were selected by the Old Brooklyn Community Development Corp. (OBCDC). Desmone, OBCDC and other neighborhood stakeholders pledged to work together in the first quarter of 2023 to turn the proposal into an real project.

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Boost in historic tax credits benefits Ohio projects

Ohio announced state support for 54 rehabilitation projects that will restore 57 historic buildings across the state including eight redevelopment projects in Cleveland. According to state officials, the projects statewide are expected to leverage approximately $1.01 billion in private investment. The projects were awarded funding as part of the Ohio Historic Preservation Tax Credit Program (OHPTC), administered by the Ohio Department of Development. In total, 21 communities across the state are receiving awards, which total $64,132,847 in tax credits with $14.5 million of that going to Cleveland projects.

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GCRTA wins grant to build new East 79th Rapid stop

Early last year, the Greater Cleveland Regional Transit Authority (GCRTA) opened a new station at East 79th Street on its Airport-Windermere rail transit Red Line. Late next year, and less than 2,000 feet south, the transit agency could start construction on a new East 79th station on its downtown-Shaker Heights rail transit Blue/Green Lines. Both stations are seen as a key strategy to improve access for everyone to reach job sites being added along the new Opportunity Corridor Boulevard.

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Brownfield grants reveal progress on many projects

Ohio Gov. Mike DeWine today announced $88 million in state support for 123 brownfield remediation projects that will help clean up hazardous and underutilized sites throughout the state. The Ohio Department of Development is funding the awards through the Ohio Brownfield Remediation Program, which is designed to clean up and prepare hazardous brownfield sites for redevelopment. The projects announced today will impact communities in 35 counties across the state.

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Amtrak Ohio expansion may bypass state government

Several initiatives that are in their early stages may instigate passenger rail expansion to Cleveland before the state of Ohio decides to get on board. That could be welcome timing considering the Federal Railroad Administration will solicit applications next week for funding to begin the process for developing new and expanded passenger rail services.

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Dog daycare chain eyeing downtown

A national dog daycare chain is eyeballing the Greater Cleveland area and may start by planting its flag in downtown Cleveland. Dogtopia franchisee and self-described dog lover Alex Mazzenga of Cleveland Heights is seeking to open a dog daycare business at the City Club Apartments, 776 Euclid Ave, according to a building permit application filed with the city this week. The investment necessary to build out the space, estimated by the permit at up to $1 million, shows there’s some serious puppy love involved.

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Phase 2 sought for Midtown apartment complex

With the paint still drying on the first phase of a mixed-use development called The Foundry Lofts, 7240 Euclid Ave., Signet Real Estate Group is asking the city for approvals to begin construction on an apartments-only phase two. The reason for moving forward so quickly on expanding the Midtown Cleveland development is because both residential and commercial leasing activity for the first phase have been strong.

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