Real Estate News – Page 32

Glenville regaining Superior density

Ken Prendergast / June 29, 2022

Community development corporation Famicos Foundation proposes to build two buildings comprised mostly of apartments at two locations along Superior Avenue in Cleveland’s Glenville neighborhood. The two projects would develop underutilized properties along a once-vibrant street lined with vacant land and abandoned buildings, to provide quality workforce and senior housing that helps draw University Circle’s energy a little farther north.

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Source: Browns want inland stadium with roof

Ken Prendergast / June 27, 2022

A third source has now communicated with NEOtrans that the Cleveland Browns favor a new, retractable roof stadium built off the lakefront but in or near downtown. And this source is a high-ranking official within the National Football League team itself. Despite this, a team spokesman angrily denied the report and called the source “not credible.”

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Cleveland looks steady in new office market data

Ken Prendergast / June 25, 2022

Contrary to the narrative that office markets nationally and especially in Greater Cleveland are dead, two new reports show they are very much alive. And while they’re not fully recovered from the pandemic and remote working, some office markets including Cleveland’s have shown surprising resilience.

Cleveland looks steady in new office market data Read More »

Westinghouse rebirth to be announced ‘soon’

Ken Prendergast / June 6, 2022

The new owner of the old Westinghouse plant next to the West Shoreway in Cleveland says their development team has made great progress on a plan to revive the vacant factory. But while he’s not ready to reveal any specifics yet, NEOtrans has learned the project will feature a luxury hotel, housing, restaurants and possibly other uses.

Westinghouse rebirth to be announced ‘soon’ Read More »

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Adaptive reuses flourish in Ohio City

Ken Prendergast / June 4, 2022

Several adaptive reuse development projects in Cleveland’s Ohio City neighborhood are saving older buildings from the wrecking ball. Their developers are using creativity to convert vacant or underutilized structures into new uses that serve present-day needs.

Adaptive reuses flourish in Ohio City Read More »

Downtown project gains partner, start date

Ken Prendergast / May 30, 2022

Developers from New York City and Chicago are reportedly uniting to deliver a significant mixed-use development in downtown Cleveland’s Gateway neighborhood. The project, called The Apartments At Bolivar, to be located just north of the Erie Street Cemetery, won City Planning Commission approval last winter but has so far languished due to a lack of equity financing.

Downtown project gains partner, start date Read More »

Guardians suitor, real estate may not happen

Ken Prendergast / May 23, 2022

According to sources, there is a reason why NEOtrans first started hearing a lot about Bedrock-HBSE joint development near the Gateway sports complex, and then heard nothing. That void was filled by new activity surrounding Bedrock Real Estate’s interest in the riverfront below Tower City Center instead.

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Bedrock to make Tower City renovations

Ken Prendergast / May 20, 2022

Bedrock Real Estate is making small improvements to Tower City Center in effort to attract more retail and other commercial tenants, but a much larger, promised makeover to the downtown Cleveland railroad station-turned-shopping mall has yet to be announced.

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Treo, Edison for sale for different reasons

Ken Prendergast / May 18, 2022

Two near-West Side Cleveland multi-family properties hit the market this week but for two very different reasons. In the Lincoln Park section of Tremont, the still-under construction Treo was offered for sale today. Tomorrow, it will be The Edison’s turn to test the waters in Gordon Square.

Treo, Edison for sale for different reasons Read More »

Miceli sees need to store more cheese, please

Ken Prendergast / May 18, 2022

When Miceli Dairy Products Co. turns 100 years old next year, it hopes to open its latest cheese-making expansion in Cleveland’s Lower Buckeye neighborhood, near where Buckeye Road intersects with the new Opportunity Corridor Boulevard.

Miceli sees need to store more cheese, please Read More »