A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
There is a saying in real estate deal-making that “November is the month where we ask — are we doing this or not?” The reason is that many in the real estate business want to get deals closed and projects under way before the end of the year.
Read MoreBridgeworks demolition plan approved by city Read More »
Some said 9410 Hough Ave. couldn’t be saved. Others doubted the development team’s ability to move the rebuilding project forward. But Gina Merritt doesn’t succumb to those who doubt her or the endeavors she pursues.
Read MoreHough apartment tower transformed Read More »
West 117th Street south of Interstate 90 hasn’t seen a lot of development in the past 20 years or so, unlike the areas to the north of the highway. But that may be starting to change for this portion of Cleveland’s Westown neighborhood.
Read MoreFirst W. 117th project south of I-90 in years Read More »
Burke Lakefront Airport is an obstacle. You can’t build a decent-sized park on the lakefront because of it. You can’t build lakefront high-rises because of it. And you can’t access much of the water’s edge near Downtown Cleveland because of it and other nearby barriers, Huntington Bank Field, the Shoreway and the Port of Cleveland.
Read MoreA 5-mile-long lakefront redevelopment Read More »
While downtowns in large and fast-growing cities always seem to have at least several new buildings under construction, it may come as a surprise to many people that Downtown Cleveland has seen construction on several buildings each year too. The difference is that Cleveland’s construction is occurring inside already existing buildings.
Read MoreDowntown Cleveland’s next transformations Read More »
Progress Pics starts in NEOtrans’ home community of Lakewood. At the streetcar suburb’s west half, on the 2.75-acre site of the former Steve Barry Buick, 16000 Detroit Ave., are the Westline Apartments.
Read MoreProgress Pics: Lakewood Westline apartments Read More »
Demolition work is about to begin at selective locations throughout Progressive Field, home of the Cleveland Guardians baseball team. This represents the start of the third and final phase of more than $200 million worth of renovations to the 31-year-old ballpark, located at 2401 Ontario St. in Downtown Cleveland.
Read MoreNext Progressive Field renovations to start Read More »
City support came from several directions today for the redevelopment of the long-vacant Westinghouse plant, 1200 W. 58th St. in Cleveland’s Gordon Square neighborhood. But more is needed in order to finalize the redevelopment financing package and design work for the project.
Read MoreWestinghouse redevelopment wins city love Read More »
Cleveland’s Design-Review Committee of the City Planning Commission was the first committee tasked by City Council to hear details on the proposed settlement between the city and the owners of the Cleveland Browns football team. But it was clear from some members that the deal left them wanting — for more details, more money and more time.
Read MoreHaslams-Cleveland deal gets first airing Read More »
Confirming a report first published by NEOtrans in July, a development group today announced their phased-approach plans to redevelop the vacant, former Westinghouse plant overlooking the West Shoreway. They also detailed upcoming steps that need to be taken in order to start construction on phase 1A in early 2026.
Read MoreWestinghouse redo phases announced Read More »
