Real Estate News

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

Rock Ventures: First Detroit, now Cleveland

Billionaire Dan Gilbert can ride up and down Woodward Avenue in downtown Detroit and admire his work like no one else can. He can point at buildings like a kid checking out baseball cards in a collector’s showcase and say “got it, need it, got it, got it…”

Perhaps he and his real estate company Bedrock might have the opportunity to do that soon in downtown Cleveland, too. And while Euclid Avenue is our main street like Woodward is Detroit’s, most of Gilbert’s acquisitions in Cleveland are along Prospect Avenue and Huron Road. There are some other differences as well, which may offer the opportunity for seeing some more construction workers and cranes in downtown Cleveland. Thankfully, Gilbert can count his properties and his blessings as he is almost fully recovered from a 2019 stroke.

Read More

Rock Ventures: First Detroit, now Cleveland Read More »

Commission OKs Tremont rezoning

A nearly 25-acre area of land on a hillside at the north end of Tremont was recommended for rezoning by the City Planning Commission yesterday to allow more development closer to the Cuyahoga River. But the rezoning, primarily from general industry to general retail to accommodate new residential, neighborhood shops and restaurants, was opposed by the industries currently using those properties. Planning commission members responded that the rezoning allows existing uses to continue and that the rezoning is consistent with the city’s land use plans, namely its Vision For The Valley.

Read More

Commission OKs Tremont rezoning Read More »

Sherwin-Williams seeks “strategic developments” at HQ

When Sherwin-Williams (SHW) finalized a deal last month with Florida-based Benderson Realty Development Co. to buy a big stake in its new global headquarters, the conversations reportedly began with different intentions. According to sources who spoke on the condition of anonymity, those intentions were both more modest and more grand, depending on how one looks it, and could play out further over the coming year.

Read More

Sherwin-Williams seeks “strategic developments” at HQ Read More »

Seeds & Sprouts XXV — Park Place Tech stays, LaSalle Theater available, Grant Thornton moving

Park Place Technologies will stay and expand in Mayfield Heights. Collinwood’s LaSalle Theater, now stabilized, is up for sale. And Grant Thornton, one of the nation’s largest accounting firms, is moving and shrinking its downtown Cleveland office.

Read More

Seeds & Sprouts XXV — Park Place Tech stays, LaSalle Theater available, Grant Thornton moving Read More »

Lakefront properties change hands

In the past week, two significant property sales occurred near the lakefront in Cleveland’s Gordon Square neighborhood. While both occurred on different sides of Breakwater Avenue, one sale was of a former light-industrial property that was redeveloped with residential a little more than five years ago. The other sale was of a light-industrial property that has been destined for years to become residential and may now be on a faster ride in that direction.

Read More

Lakefront properties change hands Read More »

Treatment center to vacate St. Mary’s Seminary

It’s a place where few women wanted to go. And after their experiences at the Hitchcock Center for Women, many say they never wanted to leave. While each person tends to enter the center facing an abyss wrought by addiction, many leave feeling loved and hopeful. The Hitchock Center hopes their new home will be able to provide at least as much care as the old.

Read More

Treatment center to vacate St. Mary’s Seminary Read More »

Bedrock buys Gateway megaproject site

Bedrock and Stark Enterprises today officially announced the acquisition and sale of the former nuCLEus development site, adding 3.17 acres to Bedrock’s growing downtown Cleveland development portfolio. Situated at the intersection of East 4th Street, Prospect Avenue and Huron Road, the site is comprised of a large surface parking lot, a parking garage, and a two-story retail building containing Mr. Albert’s Men’s World.

Read More

Bedrock buys Gateway megaproject site Read More »

Next Woodhill Homes phase starts

Marous Brothers Construction is moving equipment onto the site today and are quickly beginning construction on Woodhill Center East, a $33.4 million development located at 11305 Woodland Ave. This phase of the Buckeye-Woodhill Transformation Plan will create 77 quality affordable apartments for families and help revitalize the Buckeye-Woodhill community, according to project backers.

Read More

Next Woodhill Homes phase starts Read More »

What we may see in 2023

When it comes to business, real estate and community investment, there’s a lot to look forward to in Greater Cleveland in 2023. Look no further than the new Canon Healthcare headquarters, Bedrock real estate’s riverfront plans, Midtown Cleveland developments, booming University Circle and its spillover into long-neglected neighborhoods, the next artist district in Cleveland, ballpark villages around our city’s sport venues, lakefront plans and projects, transit-oriented developments, plus the skyscrapers under construction downtown.

Read More

What we may see in 2023 Read More »

Scroll to Top