A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
In a booming area like University Circle, it just doesn’t seem right not to have at least one construction crane looming over it. Fortunately, that visual injustice is about to be righted in the coming months with another major, crane-inducing project.
Read MoreEast Stokes high-rise site prep starting Read More »
The historic East 115th Street residential neighborhood in Cleveland’s University Circle may have gotten a stay of execution today thanks to a city design-review panel. But that doesn’t mean people are going to start moving back into any of the homes or apartments soon — if ever.
Read MoreCity tables UH’s E. 115th demo request Read More »
The Kelvin & Eleanor Smith Foundation has committed $15 million to support Case Western Reserve University’s (CWRU) Interdisciplinary Science and Engineering Building (ISEB), 10900 Euclid Ave., a new research facility designed to advance collaboration and discovery across disciplines.
Read MoreCWRU gets large gift to support new science, engineering building Read More »
Despite prior declarations by Erieview Tower’s redevelopment team that it was moving forward with its project, an investment bank that was tasked with delivering the financing finally confirmed today its fiscal resources are now in place.
Read MoreErieview Tower financing has officially been completed Read More »
Way back in the good old days of the early 2000s, $230 million would be enough money to afford building a landmark 50-plus-story skyscraper. Today, with inflation and a very specialized building to construct, that same amount of money will achieve a structure of far less scale.
Read MoreClinic’s expanding Emergency Dept. has a big price tag Read More »
Sometimes a proposed development in Cleveland sees a flurry of public activity when it’s first announced, then fades into the background for months or even years, then suddenly pops back up again when everything finally comes together for that project.
Read MoreTremont Treehouse apartments to sprout Read More »
In the late 2010s, the former St. Michael School, 3146 Scranton Rd., where Cleveland’s South Tremont neighborhood meets Clark-Fulton, appeared destined for a fall from grace.
Read MoreArch at St. Michael is reborn Read More »
Cleveland Clinic today celebrated the opening of two new state-of-the-art research buildings, part of the largest research investment in the health system’s 105-year history.
Read MoreClinic opens two new research buildings Read More »
Between new railcars, upgraded stations, rebuilt tracks, and Transit-Oriented Development (TOD), the Greater Cleveland Regional Transit Authority’s (GCRTA) Blue and Green lines are benefitting from hundreds of millions of dollars in investment that could reshape the future of the city’s least-used rail transit lines.
Read MoreBlue, Green lines on track for rapid modernization Read More »
With a court-imposed auction looming two months from now, the owner of the former Union Trust Bank Building, 925 Euclid Ave. in Downtown Cleveland, is trying to organize a dramatic change of plans for the building’s redevelopment that could include significant artificial intelligence (AI) infrastructure.
Read MoreMillennia plans tech hub, AI center at 925 Euclid Read More »
