News Category
For the second time this month, there is news that a company is relocating office jobs from the suburbs to downtown Cleveland. Earlier this month, NEOtrans broke the news that digital marketer Fathom will relocate its headquarters and about 100 jobs from Valley View to the West Bank of the Flats.
Read MoreBiz moving from suburbs to downtown Cleveland Read More »
Title to the Rockefeller Building in downtown Cleveland transferred today to a partnership that seeks to redevelop the historic edifice with housing, offices and ground-floor retail.
The 17-story building is located at 614 W. Superior Ave., across West 6th Street from the planned site of the new Sherwin-Williams headquarters. This purchase is the first what may be several spin-off investments directly resulting from the massive headquarters project.
Read MoreRockefeller Building sold, new chapter begins Read More »
Coastal cities have one thing in common — a tendency to build more high-rise buildings along their waterfronts. In real estate, where location is all-important, few things attract investment more than an accessible waterfront. That’s true for shorelines on oceans, Great Lakes and major rivers.
Read MoreCleveland is rising higher on the waterfront Read More »
UPDATED AUG. 24 WITH COMMENTS BY WAYNE JATSEK
For those watching the City Planning Commission’s virtual meeting yesterday, two examples of sudden growth were apparent. Both centered around a new apartment building project in the Edgewater Hill section of Cleveland’s Detroit-Shoreway neighborhood.
Read MoreEdgewater Hill project: signs of sudden growth Read More »
UPDATED AUG. 21, 2020
If you missed seeing construction cranes over downtown Cleveland, you may not have to wait long for their return. With the city’s approval of final designs tomorrow for the City Club Apartments, the first of several cranes likely in 2021 could sprout in the spring.
Read MoreCity Club Apartments tower may rise in November Read More »
Six of Greater Cleveland’s swankiest establishments that share the same owner have not reopened from the Coronavirus shutdown. Several sources with direct knowledge of the businesses’ operations and finances said they doubted all of the establishments would reopen under their current ownership.
Read MoreLockKeepers, Marble Room, Il Venetian face uncertain futures Read More »
At first blush, it sounded like such a rosy story.
The headline in the June 8 Wall Street Journal read “Cleveland Is a House-Flipping Hot Spot, and Covid Adds Fuel.” Its central theme was that Greater Cleveland has become one of the most profitable places in the country to flip houses and own rentals. Investors have been redirecting their dollars from pricey coastal real estate markets and investing them in Cleveland. A happy story, right?
Read MoreA new housing crisis is hitting Cleveland, anonymously Read More »
While the steering committee is away, the consultants will play. But the consultants are getting ready to give a report on their findings about a new Justice Center. And what they have to say will bring into sharper focus the realistic sites for a new downtown courthouse as well as a new jail.
Read MoreCleveland’s next ‘whale’ may eat more land than first thought Read More »
Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.
Read MoreSeeds & Sprouts IX – Early intel on real estate projects Read More »
Downtown Cleveland Residents (DCR), a community relations board, recently voted to support a rising need for more investment in public transportation, but in an innovative way that boosts economic growth and access to opportunity. Greater Cleveland needs more of both yet funding for public transportation from riders and from all levels of government has been in decline.
Read MoreDowntown residents support new way to fund transit, downtown’s growth Read More »
