A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
In a public record secured by NEOtrans, more details are coming to light about the owner of the Cleveland Browns, the Haslam Sports Group’s (HSG), proposed mixed-use development in suburban Berea. That includes specifications for the features in the new 500,000-square-foot development which will be built around a small, new sports stadium, dubbed a community field.
Read MoreBrowns’ Berea District 46 plans coming into focus Read More »
Herman Park may be in need of updating, but its presence is enough to attract a second proposed apartment building to rise next to it. Conceptual designs for that building, located at 6400 Herman Ave. in Cleveland’s Gordon Square neighborhood, were approved yesterday by a neighborhood design-review panel and referred to the City Planning Commission’s Design Review Committee.
Read MoreSecond apartment complex next to Herman Park Read More »
Cleveland city officials revealed their intentions today to acquire and redevelop a closed grocery store property, 15900 Lake Shore Blvd., in the North Collinwood neighborhood. Officials requested City Planning Commission approval to start assembling the land, then later rezone it and ultimately offer it to developers through a community-driven request for proposals.
Read MoreCollinwood grocery store redevelopment sought Read More »
When the Haslam Sports Group, owners of the Cleveland Browns, yesterday announced their plans for a mixed-use development next to the football team’s suburban Berea headquarters, it was the result of a tentative deal with city officials and other project partners. A summary of that deal was since revealed by Berea Mayor Cyril Kleem in a social media post.
Read MoreFinancial details of Browns’ Berea development Read More »
Today, the Haslam Sports Group announced it was teaming up with the Berea City Schools, city of Berea, DiGeronimo Companies and University Hospitals to pursue a long-planned mixed-use district next to the Cleveland Browns headquarters in suburban Berea. Recent estimates are that the new development could cost about $221 million to build.
Read MoreBrowns’ Berea ‘District 46’ development revealed Read More »
NEOtrans was among the Greater Cleveland media outlets to anonymously receive renderings of what a Cleveland Browns domed stadium at Burke Lakefront Airport could look like. The renderings, which also show stadium-area development, changes to roadways and parking, were commissioned from Cleveland-based architecture firm Vocon Partners LLC by the convention and tourism bureau Destination Cleveland.
Read MoreSneak peek at Burke lakefront stadium Read More »
Increasingly, artist studios and nonprofit arts organizations have been moving eastward from downtown into Cleveland’s Goodrich-Kirtland Park neighborhood and St. Clair-Superior. But few are making as big of an investment as that which the Cleveland Print Room (CPR) plans by acquiring and renovating a former commercial laundry at 4730 Lexington Ave.
Read MoreCleveland Print Room focuses on new home Read More »
With financing closed, construction work will begin in the next couple of weeks on the $40 million rehabilitation and conversion of the historic 700 Prospect Ave. office building into apartments, called The Electric Building. And now the ground-floor has the end user of its lone commercial space identified — Tom’s Watch Bar, a national chain sports bar founded in 2014.
Read MoreRenovation starts on downtown’s Electric Building Read More »
To finally repurpose the site of the former Lakewood Hospital that was closed in 2016, plans for a proposed major development have one more hurdle at the city of Lakewood to clear before crossing the finish line. That last hurdle, City Council, will take up those plans next month. If they’re approved by the end of this year, construction could start by Spring 2025 on the $100-plus million development.
Read MoreDowntown Lakewood project nears final approval Read More »
The Port of Cleveland board on Friday approved issuing up to $15 million in taxable bonds for financing of the $25.6 million Taylor Tudor Plaza Project, part of the first phase of a larger $150 million mixed use neighborhood revitalization of the Taylor Road neighborhood in Cleveland Heights.
Read MoreTaylor Tudors in Cleveland Hts. get financed Read More »
