A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
Italy has its famous Leaning Tower of Pisa. Cleveland has its leaning laundromat of Little Italy. But while Pisa’s was built in 1372 and is in no danger of falling, Cleveland’s version is a danger to surrounding buildings and may be demolished soon after five years of consideration.
Read MoreLeaning laundromat of Little Italy demolition due Read More »
On Friday, Ward 15 Councilwoman Jenny Spencer shared on her Facebook page a letter to the community from Goodwill Industries that they will open this summer a store at 6512 Franklin Blvd. in Cleveland’s Gordon Square neighborhood. The location is a former Rite Aid drug store that closed in August 2024.
Read MoreGoodwill to open at Gordon Square Rite Aid site Read More »
Like a company offering a free trial period to customers in the hopes of converting them into loyal subscribers, the city of Cleveland and North Coast Waterfront Development Corporation (NCWDC) officials hope to offer residents just that: a free trial period of lakefront activation and a tangible reason to support a permanent, fully-realized reimagining of an underutilized lakefront.
Read MoreNorth Coast Yard pop-up to activate lakefront Read More »
Like many who work in one of the dozen buildings of Downtown Cleveland’s Tower City Center complex, Nora Romanoff parks her car where more than 100 railroad passenger trains a day once pulled into or out of a labyrinth built as Cleveland Union Terminal. Just as rail travelers did from 1930-1977, she rides an escalator up into a grand railroad concourse that was significantly remodeled in 1988-90 to become today’s retail-heavy The Avenue at Tower City.
Read MoreTower City Center lacks coherent future without more development, rail access Read More »
The next new apartment building at the intersection of Detroit and Lake avenues in Cleveland’s Detroit-Shoreway neighborhood is already in the works. But it’s planned to be quite a bit smaller than its to-be neighbor across West 75th Street.
Read MoreNext apartment project at Detroit & Lake planned Read More »
Yesterday it was the owners of the Cleveland Browns, the Haslam Sports Group (HSG), accusing Cleveland city officials of “misguiding” its residents. Today it was Cleveland Mayor Justin Bibb firing a return volley in kind.
Read MoreCleveland Mayor calls Brook Park stadium ‘betrayal’ Read More »
Two transformative projects — a nearly $50 million West Side Market overhaul and a $44 million Superior Arts District mixed-use project — received significant financial support today from the Port of Cleveland following their approval by the board of directors.
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Both of Ohio’s U.S. senators and 11 of its 15 Congressional representatives urged in a joint letter yesterday to Vice President J.D. Vance and NASA Director Jared Isaacman to relocate the space agency’s 2,500-employee headquarters to Ohio, specifically to Cleveland, after its Washington DC HQ lease expires in 2028.
Read MoreGOP Congressmen urge moving NASA’s HQ and its 2,500 employees to Cleveland Read More »
As part of an ongoing effort to expand the company’s presence across the U.S, Baker Construction of Monroe in Southwest Ohio announced this week that it will be purchasing the equipment assets from Cleveland Cement Contractors, a Brooklyn Heights-based full-service concrete contractor.
Read MoreBaker Construction buys Cleveland Cement assets Read More »
A shift to more chain businesses is under way in Cleveland’s Ohio City neighborhood. In February, NEOtrans was first to report that Chipotle is opening a store on West 25th Street in the neighborhood’s Market District. Now, we’ve confirmed that Starbucks has leased a spot near the West Side Market and across Abbey Avenue from the Greater Cleveland Regional Transit Authority’s (GCRTA) Red Line rail station.
Read MoreStarbucks is next chain to arrive in Ohio City Read More »
