A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
After two years of outward silence, redevelopment of the former Westinghouse plant is showing new signs of life. Those signs are in the form of updated plans for the project which have become public. The vacant Westinghouse plant is located at 1200 W. 58th St. in Cleveland’s Detroit-Shoreway neighborhood.
Read MoreWestinghouse redevelopment is ‘Back on track’ Read More »
In a request for qualifications (RFQ) issued by the city of Cleveland last week for the development of lakefront land, all but 22 acres of it has a city masterplan established for it. That 22-acre exception is the site occupied by Huntington Bank Field which the city is offering up as a blank slate for those with ideas and other wherewithal.
Read MoreSoccer interests reject lakefront stadium Read More »
During and after the COVID-19 pandemic, Sherwin-Williams (SHW) executives allowed the company’s office workers to either work from home, the office or a hybrid mix. That continued during the “Building Our Future” planning and construction of the new Downtown Cleveland headquarters and research center in suburban Brecksville. Until now.
Read MoreSherwin-Williams returning to office 100% in 2026 Read More »
After experiencing success with two other apartment complexes it built in recent years on Cleveland’s East Side, an Akron-based developer is pursuing a third. But each of the three developments by Signet Real Estate Group has used a different design approach,
Read MoreThree-building apartment complex planned on Euclid, Chester in Midtown Read More »
Sometimes a piece of underutilized infrastructure can be revived to be a part of not only its own rebirth, but that of its surrounding area. And in return, that rebirth helps to justify the existence of the infrastructure in the first place. In this case, the infrastructure is the East 79th Street Blue/Green Line station that was considered for closure a decade ago.
Read MoreGCRTA breaks ground on new E. 79th rail station Read More »
With federal permitting dragging on to allow the Port of Cleveland to build on offshore island east of downtown, the Port board yesterday awarded a $4 million contract so the port could continue to deposit sediment from the Cleveland harbor and Cuyahoga River at the northeast corner of Burke Lakefront Airport until 2029.
Read MoreCHEERS permits drag on, Port makes interim move Read More »
When sifting through the many development incentives in the state’s newly passed two-year budget, it becomes clear that a lot of Cleveland urban core projects are going to be eligible for them and potentially benefit from them. But, as we saw from a state program to aid megaprojects, a program will only benefit a region if there are projects and their sponsors in that region who will apply for them.
Read MoreCleveland developments to benefit from HB96 Read More »
A long-vacant gas station and underutilized historic building at the southwest corner of Lorain Avenue and West 38th Street is proposed to become a near-west-side expansion for Noble Beast Brewing Co. But this wouldn’t be another brewpub in Cleveland’s Ohio City neighborhood. Instead, if realized, it would be the neighborhood’s first year-round beer garden.
Read MoreYear-round beer garden planned for Ohio City Read More »
The Port of Cleveland board of directors today approved bonds for five major development projects in four communities across the region — Berea, Cleveland, Lakewood and Richmond Heights. The total investment from the developments in these communities exceeds $405 million.
Read MorePort OKs financing for Berea, Cleveland, Lakewood, Richmond Hts developments Read More »
A 22-acre site, at 1133-1175 East 152nd Street in Cleveland’s Collinwood neighborhood, was selected by city officials as the future home of a new factory for manufacturing affordable, modular homes. Now, the city has to decide which of four candidate companies it will offer the site to build its factory.
Read MoreCollinwood site picked for modular home factory Read More »
