News Category

News Category

A new housing crisis is hitting Cleveland, anonymously

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?

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Financially-supporting-public-transportation

Downtown residents support new way to fund transit, downtown’s growth

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.

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Woodhill Station apartments rendering

Woodhill Station transit-oriented development on track

All signals are green for construction of a moderately-sized apartment building across the street from the Buckeye-Woodhill light-rail transit station in Cleveland.
With financing in place, general contractor bids are due to be submitted to developer The Community Builders on Aug. 12, according to the Dodge Reports. Site preparation work could start in November but major construction activity is likely to get under way in the spring.

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Clinic razing historic ORCA House with ‘no plans’ for the site

Demolition crews hired by the Cleveland Clinic Foundation appeared this week along Chester Avenue between East 89th and 90th streets to begin tearing down three solid structures with a long history of charitable service in the city.

The structures — including two historic, converted houses — were part of the ORCA House’s rehabilitation center for adults suffering from addictions. The demolitions appeared to be a rush job, even though a Cleveland Clinic spokesperson said the large health care system has no plans for developing the property.

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Cleveland Clinic, Fairmount seek Meijer grocery store, apartments

After months of planning, a mixed-use development is gaining traction on Cleveland Clinic Foundation-owned land on the Opportunity Corridor. The development is an effort to capitalize on the $306 million transportation investment, support the Greater University Circle Initiative and serve a growing residential population nearby.

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