A brief summary of the most relevant and major commercial real estate news in Greater Cleveland
Cleveland’s growing demand for affordable health care and having one of the worst infant mortality rates in the country is behind a new clinic planned for Cleveland’s Clark-Fulton neighborhood. Cleveland-based Neighborhood Family Practice (NFP) is proposing to open a community health center in the newly refurbished Northern Ohio Blanket Mills at 3466 St. Rocco Ct.., just off Fulton Road.
Read MoreNew family clinic coming to Clark-Fulton Read More »
In an e-mail sent to all employees today, University Hospital Health System CEO Cliff Megerian announced that the health care provider will seek to build a new 30,000-square-foot conference and education center in Cleveland’s University Circle. The facility will be built on an underutilized green space at 11100 Euclid Ave. in front of an existing parking garage.
Read MoreUH plans Wolstein conference center on Euclid Ave. Read More »
Two years ago this month, Cleveland Neighborhood Progress (CNP) and Burten, Bell, Carr, Inc. (BBC) acquired Cleveland’s historic but faded Shaker Square mixed-use district. Today, the new owners outlined what they considered to be significant work and investment in making capital improvements to the property and carrying out a retail strategy to restore vibrancy to the square.
Read MoreShaker Square sees $4.5M in updates, more planned Read More »
Construction permit applications were filed this week with the city of Cleveland’s Building Department so contractors can start digging and installing foundations for the first phase of Bedrock’s Downtown Riverfront development. That first phase is the Cleveland Clinic/Cleveland Cavaliers Global Peak Performance Center, touted as one of the world’s largest training facilities.
Read MoreBedrock starts Downtown Riverfront phase one Read More »
After nearly eight years on the market, a small parcel at 2208-2210 Superior Viaduct at the west edge of Cleveland’s Flats District has sold to a growing stakeholder in the neighborhood. Addiction treatment center Stella Maris Inc. acquired the property and proposes to renovate an existing building on the site to expand the scope of its services. The site was twice proposed for a residential tower but neither advanced past the conceptual stage.
Read MoreStella Maris buys Flats site to expand Read More »
A successful business finds an unmet need in a market and fills it. According to Places Development founder and Managing Principal Dan Whalen, the lack of a hotel west of Downtown Cleveland to near Hopkins International Airport is just such a gap in the market. To fill that void, he is submitting plans for a new, eight-story boutique hotel at 1960 W. 26th St. in the Ohio City neighborhood.
Read MoreOhio City hotel development revealed Read More »
It’s a factory name that conjures thoughts from classic Road Runner cartoons. But few are laughing from the enduring health and economic burdens that the long-closed National Acme plant, 170 E. 131st St., is having on Cleveland’s East Glenville and Collinwood residents. Once one of Cleveland’s largest blue collar employers, its fate is similar to that of other aging industrial properties across the city.
Read MoreGlenville-Collinwood site may finally get new life Read More »
Cleveland City Planning Commission today approved a conceptual design for Case Western Reserve University’s new Humanities Building and to demolish an abandoned fraternity house at 11333 Bellflower Rd. to make way for it. Most of the rest of the roughly 1.6-acre site in University Circle is used as a parking lot.
Read MoreCWRU Humanities Building planned on Bellflower Read More »
While not as controversial or as impactful as the county’s pending moves of its consolidated jail or courthouse facilities, the new site of the Cuyahoga County Board of Elections (BOE) could boost its new surroundings. With up to 200 permanent employees, hundreds more at election time and many more visitors for early voting, the positive and negative impacts on the BOE’s new surroundings could be significant.
Read MoreElections board to the ex-Plain Dealer building? Read More »
Property acquisitions in the Cleveland suburb of Berea appear to be nearly wrapped up for a large, mixed-use development featuring an expanded headquarters for the Cleveland Browns and its ownership, the Haslam Sports Group. Only one or two homes need to be acquired to make way for a new headquarters office building, the professional football team’s practice facility, hotel, shops, restaurants and community recreation facilities, first reported by NEOtrans.
Read MoreBrowns continue to add land in Berea Read More »
