Real Estate News

Data-rich and deep analytical information about Greater Cleveland real estate news

University Circle is becoming Cleveland’s “other downtown” again

AFTER THIS ARTICLE IS A LIST AND RANKING OF THE TALLEST BUILDINGS IN UNIVERSITY CIRCLE.

In a couple of years, the skyline of University Circle is going to look quite different. Not only will it be taller, but it will be more active at street level. And the economic and investment impact resulting from this booming district is spreading beyond the Euclid Avenue spine including into some long-troubled neighborhoods.

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University Circle-area housing finds new Heights

Last week, this blog reported on a $72 million dormitory project by Case Western Reserve University (CWRU) to add 600 beds to the South Residential Village at Murray Hill and Adelbert roads. This week, a private developer joined the party with a 58-unit boarding house project just up the hill.

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CWRU plans $72+ million dorm expansion, more coming

In most years, Case Western Reserve University’s (CWRU) freshman classes get bigger. And each year, CWRU looks for ways to accommodate the growth of its enrollment that has surpassed 12,000, compared to 9,600 students in 2000. Their expansion options have involved building new dormitories as well as making it easier for more upperclassmen to live off campus.

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Downtown Cleveland hotel sells to NY-based REIT

Downtown Cleveland’s Hilton Garden Inn, 1100 Carnegie Ave., sold on Dec. 9 to a New York City-based real estate investment trust that specializes in owning Marriott- and Hilton-branded hotels.
The 11-story, 240-room hotel, its adjoining Gateway Conference Center and the 2.85 acres on which the complex sets was sold for $28.16 million

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