Commercial Real Estate News

A brief summary of the most relevant and major commercial real estate news in Greater Cleveland

Miceli Dairy anticipates doubling its employment

When Miceli Dairy Products, 2721 E. 90th St. in Cleveland, broke ground today for the expansion of its new cold storage facilities, it also teased a follow-on project — a planned new research center plus mozzarella cheese manufacturing plant next to the Opportunity Corridor Boulevard. These additions in the coming years are anticipated to double Miceli’s current employment of 250 people.

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Will a Brook Park stadium hurt efforts to maintain Gateway? Apparently the Cavs think so.

Support for the planned domed stadium in Brook Park by the Greater Cleveland Partnership (GCP), announced earlier this week, has ruffled a few feathers. And it’s not just those that were expected to be ruffled — Cuyahoga County and City of Cleveland officials, Downtown Cleveland Inc., and others. Now, it’s the parent company of the Cleveland Cavaliers who say pursuing the stadium at this time is a bad idea.

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Playhouse Square’s ‘Beyond the Stage’ additions

A trio of new eateries in Downtown Cleveland’s theater district was announced today by Playhouse Square officials, along with two others already reported by NEOtrans in recent weeks. But one of the largest “Beyond The Stage” projects, redevelopment of the Greyhound bus station, is still in the works and was teased in the same announcement.

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Cleveland owns its lakefront opportunities

One year ago, the City Planning Commission “hired” Cleveland State University’s 17th Street Studios for a Masters of Urban Planning and Development (MUPD) capstone project to look at how to enhance the underutilized light-rail Waterfront Line. One of the findings was that the city of Cleveland literally owned its own ability to boost the rail line and the lakefront overall.

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