A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
NEOtrans has learned that, not only does the Trump Administration intend to close the Anthony J. Celebrezze (AJC) Federal Building in Downtown Cleveland, the agency responsible for federal real estate has reportedly suspended building renovations in-progress. That also means federal taxpayers may have to eat millions of dollars paid for the unfinished work.
Read MoreFederal Building renovations halted Read More »
Amid all of the big development news happening around town, there’s lots of smaller commercial projects that can have a big impact on individual neighborhoods. And nearly all of these are new or expanded commercial offerings that are due to pop up on the landscape in the coming months.
Read MoreChick-fil-A opening first storefront in Cleveland Read More »
When the Cleveland Metroparks began seeking state funds in January to help clean up and possibly demolish a 19th-century flour mill in the Flats, there was a bit of a pushback. The Metroparks, which has done a lot of demolition along the Cuyahoga River to create public spaces, was urged by preservationists to take a different approach here.
Read MoreMetroparks seeks to redevelop riverfront lands Read More »
It’s not the first time Morabito Companies has had its large swath of land in Cleveland’s Slavic Village be put on the market for development. But it is the first time they’re trying it as a FSBO, or for sale by owner — without listing it via a real estate brokerage.
Read MoreSlavic Village site quietly back on the market Read More »
It didn’t take long to land a new tenant for a highly visible restaurant location at Cleveland’s Flats East Bank. Just four months after Beerhead Bar and Eatery closed at 1156 W. 11th St., noted local restaurateurs Alex and Arturo Mendez Martinez have executed a lease for the ground-floor space at the corner of West 11th and Main Avenue.
Read MoreAgave Social restaurant to open in Flats Read More »
Only a decade old, the Lakewood-based King’s Church has acquired its first permanent home by purchasing the former headquarters of the Roundstone Insurance Co. after it relocated to Rocky River last fall. But that former HQ is going back to its originally intended purpose.
Read MoreLakewood church to become church again Read More »
Different departments of the city of Cleveland are stretching a Lakewood-based real estate company, ALMiCO Group, with orders to stop and go on different aspects of its multi-phase development in the city’s Brooklyn Centre Historic District. Caught in this push-pull is a phase called Row on Garden, now planned as an 18-unit apartment building on Garden Ave.
Read MoreRow on Garden gets pushed and pulled by city Read More »
A plan to renovate an historic car dealership with retail uses, including a new Starbucks in Cleveland’s Ohio City neighborhood, was approved today by the city’s Landmarks Commission. But the question of whether a proposed drive-through should remain in the design was referred to the city’s Division of Traffic Engineering to decide.
Read MoreOhio City Starbucks OK’d by Landmarks panel Read More »
While NEOtrans doesn’t normally devote an entire article to the planned opening of a small retail space, this is a new ice cream parlor in a high-profile location. And, of course, everyone loves ice cream, especially when it’s enjoyed before or after a show at America’s second-largest theater district, Cleveland’s Playhouse Square.
Read MoreHere’s the Scoop: Ben & Jerry’s to Playhouse Square Read More »
A high-profile businessman is near to acquiring a piece of property between Cleveland’s stable Edgewater neighborhood to the west and the fast-growing Gordon Square neighborhood to the east. But despite the number of new residential developments emerging nearby, this commercial site is apparently going to stay commercial.
Read MoreTony George buying Lake Avenue site Read More »
