Real Estate News

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Ohio City housing emerging south of tracks

An early indicator of an emerging real estate development is to see a request for unused public rights of way to be vacated. Another is a mass of properties being acquired by the same company in the same area. Yet another is to see decaying structures in that area be demolished. All three of those conditions are occurring on Barber Avenue at West 30th Street, at the south end of Cleveland’s Ohio City neighborhood.

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Bridgeworks gets green light from Landmarks

Typically, the third time’s a charm, but Bridgeworks needed more times than that to earn the approval of the Cleveland Landmarks Commission. Ultimately, the proposal passed unanimously today. The go-ahead allows developers to move forward with constructing all of the $84 million project, located at 2429 W. Superior St. in Cleveland’s Ohio City neighborhood.

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Haslam email preempts City, County at stadium debate

Yesterday morning, Cleveland Mayor Justin Bibb, Cuyahoga County Executive Chris Ronayne, Cuyahoga County Council President Pernel Jones Jr., Cleveland City Council President Blaine Griffin arrived at the monthly board meeting of the Greater Cleveland Partnership (GCP). There, they asked the 70-member board of the region’s corporate CEOs and presidents to side with them on where the Cleveland Browns should play their home games after 2028.

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NE Ohio projects get historic wins from tax credits

There were 14 Cuyahoga County historic renovation projects that won a total of $16,267,141 in Ohio Historic Preservation Tax Credits today. Most of those projects would repurpose their 50-plus-year-old buildings for new uses so they can contribute to their communities for at least another 50 years. Some of the buildings are pretty well known.

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Haslams announce Brook Park stadium-area development partner, updated plans

New details emerged today on the proposed $1.2 billion mixed-use district surrounding the Haslam Sports Group’s (HSG) proposed all-purpose, roofed stadium in the Cleveland suburb of Brook Park. HSG announced that Lincoln Property Company, a global real estate firm, will be the development partner for the Cleveland Browns’ 176-acre mixed-use entertainment district.

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Old Brooklyn structures OK’d for demolition

In the coming months, the busy intersection of Memphis Avenue and Pearl Road in the heart of Cleveland’s Old Brooklyn neighborhood will look very different. The change is due from the City Planning Commission’s approval on Friday of an application to demolish four buildings at that intersection, each of which are historic structures but in varying stages of decay.

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Shoreway Tower has construction in view for 2025

There’s been lots of progress lately on the development of a proposed 13-story Shoreway Tower overlooking Edgewater Park in Cleveland’s Gordon Square neighborhood. Revising easements for a sewer right of way, transferring properties for a tax-increment financing (TIF) district, and advancing legislation to authorize that TIF could allow construction to start sometime in 2025.

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North Collinwood ‘historic’ modular townhomes OK’d

Six townhomes may not sound like much, but their builder says they’re an “historic” next step toward increasing the amount of modular housing in Cleveland. City officials and some home builders say more modular homes are needed here to address shortages in quality, affordable housing, fill vacant lots, repopulate the city, increase homeownership in Cleveland and build equity.

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Tick Tock Tavern closing after 75+ years

It’s not often that a restaurant survives more than a few years. Rarer still is the restaurant that lasts nearly eight decades. Tick Tock Tavern, which has been at the same location, 11526 Clifton Blvd., in the Edgewater neighborhood of Cleveland since the year before the last electric streetcars rumbled by in 1948, is set to close its doors forever in just 12 days.

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Gordon Square development wins approval

Projects can move fast in Cleveland when you coordinate with stakeholders and align with the Planning Commission. That’s what happened with a proposed mixed use development in the Gordon Square neighborhood dubbed the “Soap Site” went from a conceptual plan revealed publicly only a month ago, to unanimous final design approval today by commission members.

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