Real Estate News – Page 19

Breakwater Lofts opens this weekend

Ken Prendergast / September 14, 2023

A decade ago, the opening of the Breakwater Lofts apartment building on a vacant lot at 1270 W. 58th St. in Cleveland’s Gordon Square neighborhood would’ve been a much bigger story. Instead, today, it’s the latest of many new developments in the surrounding area that has more big projects in the works. It’s a sign of stabilization and maturation of the residential market in this near-west side neighborhood, just off the lake, that continues to host traditional Cleveland haunts like the Parkview Nite Club across the street.

Breakwater Lofts opens this weekend Read More »

NEOtrans partners with Cleveland Magazine

Ken Prendergast / September 7, 2023

You’ve probably noticed this Cleveland Magazine logo and tag atop our articles in the past week. You’ll be seeing more of them. NEOtrans is excited to announce a new partnership with Cleveland Magazine, one of Greater Cleveland’s most important resources for the latest news on what’s happening around town in business, restaurants, government and from news-making people. It’s an opportunity for both organizations to tap into and share the latest news from veteran journalist and NEOtrans founder Ken Prendergast.

NEOtrans partners with Cleveland Magazine Read More »

Seeds & Sprouts 32 – Glenville library turns page, Cliff Hangers to Clifton, Microcosm Publishing expands, PB Express’ Big Creek container yard

Ken Prendergast / September 2, 2023

See the Glenville Branch library’s renovation plans, along with the proposed Cliff Hangers restaurant-bar on Clifton Boulevard. Meanwhile, Microcosm Publishing is expanding in Cleveland’s Lee-Miles neighborhood and PB Express trucking is planning a new shipping container terminal along the Big Creek in Old Brooklyn.

Seeds & Sprouts 32 – Glenville library turns page, Cliff Hangers to Clifton, Microcosm Publishing expands, PB Express’ Big Creek container yard Read More »

ReadySet Surgical moves HQ to Cleveland

Ken Prendergast / September 1, 2023

ReadySet Surgical Inc., a young, fast-growing company that provides supply chain management software and cloud-based platforms to hospital systems has relocated its headquarters to Cleveland from Cincinnati, according to two different sources.

ReadySet Surgical moves HQ to Cleveland Read More »

For sale: The Justice Center

Ken Prendergast / August 18, 2023

All five above-ground buildings in downtown’s Justice Center complex, plus a below-ground parking garage, are being offered for sale by Cuyahoga County as a result of other efforts that could partially or completely vacate the entire 2-million-square-foot facility. The sale includes a three-year leaseback with four additional one-year renewal options so the county and city of Cleveland will have time to carry out those vacating efforts. No sale price was listed for the property but if you have to ask, you probably can’t afford it anyway.

For sale: The Justice Center Read More »

Would Cliffs + USS = a new tower?

Ken Prendergast / August 15, 2023

Three years ago, when Cleveland-Cliffs made some big moves, NEOtrans asked the question. Three years later, we’re asking it again. If Cliffs is able to acquire rival United States Steel (USS), as recently proposed, what impact might this have on the combined company’s headquarters situation?

Would Cliffs + USS = a new tower? Read More »

Cleveland Thermal target of acquisition

Ken Prendergast / August 11, 2023

As Dan Gilbert’s real estate firm gets ready to roll out the details of phase one of its riverfront development, a neighboring fixture on the banks of the Cuyahoga River since 1894 may not be around much longer. The long-closed Cleveland Thermal steam heating plant, 2274 Canal Rd., along with possibly other properties of Cleveland Thermal Generation LLC are in the process of being acquired, according to a real estate source.

Cleveland Thermal target of acquisition Read More »

Old Brooklyn Lofts gets early OK

Ken Prendergast / August 10, 2023

A Parma real estate investor and his development team won conceptual approval yesterday from a local design review panel to convert the vacant, century-old Independent Order of Odd Fellows Temple at 3409 Broadview Rd. in the heart of Cleveland’s Old Brooklyn neighborhood into 10 loft-style apartments. The team will then refine their plans into more detail schematic designs for review by the Planning Commission’s citywide design-review committee prior to construction.

Old Brooklyn Lofts gets early OK Read More »

Bedrock to start riverfront work

Ken Prendergast / August 4, 2023

A company owned by billionaire Dan Gilbert has secured a permit from the U.S. Army Corps of Engineers for the reconstruction of bulkheads along the edge of the Cuyahoga River, a federal navigation channel. The approved work will be one of the first tangible pieces of Detroit-based Bedrock Real Estate’s huge Cleveland Riverfront Development Project.

Bedrock to start riverfront work Read More »

GCRTA stations: lots of opportunity

Ken Prendergast / August 3, 2023

In recent months, the Greater Cleveland Regional Transit Authority (GCRTA) has served notice that its rail system isn’t going anywhere. And that could be interpreted in one of two ways. In one way, GCRTA plans to invest $540 million by the end of this decade to rebuild its 34-mile rail system including a new, standardized light-rail fleet plus rebuilt tracks and stations on the Red, Blue and Green lines. Greater Cleveland’s “Rapid” is sticking around for decades to come. But taking it another way, there are no expansion plans while ridership on GCRTA buses and trains fell nearly 60 percent from 2013 to 2021 “led” by its rail system which fell even farther, from 9.3 million boardings in 2013 to 2.9 million in 2021.

GCRTA stations: lots of opportunity Read More »