Data-rich and deep analytical information about Greater Cleveland real estate news
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.
Read MoreUniversity Circle-area housing finds new Heights Read More »
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.
Read MoreCWRU plans $72+ million dorm expansion, more coming Read More »
Legislation that would aid Ohio real estate megaprojects and create thousands of jobs could advance in the Ohio House of Representatives next month, according to a spokesman for State Rep. Paul Zeltwanger, chair of the House’s Workforce & Economic Development Committee.
Read MoreOhio real estate megaproject tax credit may advance in February Read More »
As first reported here at NEOtrans last month, a Columbus developer is pursuing its first Cleveland real estate project in the Battery Park section of the Detroit-Shoreway neighborhood. The site is south of Edgewater Park and north of Gordon Square along West 70th and 73rd streets.
Read MoreTwo more apartment buildings coming to Battery Park Read More »
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
Downtown Cleveland hotel sells to NY-based REIT Read More »
A California-based real estate investor has purchased the Chicle Apartments and Chicle Townhomes from a local firm that renovated the former Chiclets gum factory and built the townhomes on Cleveland’s west side nearly 15 years ago.
Read MoreChiclets gum factory apartments, townhouses get new owner Read More »
With the goal of opening its doors to customers in the spring of 2022, the Outlet Shoppes of Cleveland is the subject of local and national leasing activities now underway. The project, originally proposed several years ago, is back and is being pursued aggressively by its national developer.
Read MoreThe Outlet Shoppes of Cleveland is back in stock again Read More »
As owner Optima Management Group describes their property, 55 Public Square is a “Class B office building in a Class A location.”
That location is about to get even valuable with a planned $73.6 million remodeling of the former headquarters of The Cleveland Electric Illuminating Co., now a part of First Energy. When the 24-story office building opened in 1958, it was Cleveland’s first glass curtain wall skyscraper.
Read MoreCleveland’s first Modernist tower to be remodeled Read More »
After shedding its partner Trammel Crow Co., things are starting to move a little faster for Cumberland Development LLC. when it comes to its lakefront development project. Demolition for and construction of the lakefront project is due to start in January.
Read MoreLakefront development project to start this winter Read More »
Without state financing and a tax exemption for its project, the developer of a $175 million, mixed-used development has decided to scale back the project by about one-third – at least at the outset.
Harbor Bay Real Estate Advisors, LLC is hoping for the city to approve a conventional, 15-year, 100-percent tax abatement for the residential portion of its Market Square project. If that happens, a seven-story apartment building with ground-floor retail
Market Square project to shrink by about one-third Read More »
