Real Estate News

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Clock expires on keeping Browns downtown

It seems that the clock has run out on city of Cleveland and Cuyahoga County leaders on keeping the stadium downtown for the Cleveland Browns football team’s home games. NEOtrans has learned that the Browns’ owners, the Haslam Sports Group, are due to make an announcement soon, possibly by the end of this month, that they will put all their efforts into building a new covered stadium in suburban Brook Park.

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Fairview Hospital-North final concept presented

After presenting plans for the new North Campus of Fairview Hospital, 18101 Lorain Ave., to Cleveland’s Kamms Corners community, Cleveland Clinic officials and their design team will now submit the project to the city’s design-review process. Proposed timelines for the project were also revealed, showing the Clinic wants to move forward quickly on this major project.

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Hopkins Airport’s first terminal project takes off

If you are heading south from Cleveland Hopkins International Airport on State Route 237, you might be able to catch a brief glimpse of where a nearly $3 billion modernization program for the airport’s terminal is about to begin. But most people probably won’t even notice the building or when the work starts on upgrading its interior.

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Cleveland launches affordable housing fund

Last evening, a new Cleveland Housing Investment Fund (CHIF) was launched when Cleveland City Council passed legislation that requires the city to provide financing to the new fund. The city’s $18 million commitment leverages $20 million pledged by Cleveland-based KeyBank to boost the development of mixed-income rental housing and home ownership opportunities.

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George’s third billboard lands on Opportunity Corridor

A George family-owned billboard that metastasized into three as a result of a 2023 court settlement has found its third and final landing spot in Cleveland. That third billboard site is a piece of a city-owned parcel on the Opportunity Corridor near Quincy Avenue that is unlikely to be developed with any other uses, according to a city official. Title to the land will be transferred to the Georges.

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CWRU’s South Residential expansion stops

As Case Western Reserve University (CWRU) approaches its 200th anniversary, just two years away, the growing college has just one megaproject on its syllabus for Cleveland’s University Circle — the $300 million Interdisciplinary Science and Engineering Building. So CWRU’s bicentennial legacy is to do what it has often done — prudently build when it needs to, not when it wants to. Even so, news of what the university is not building may come as a surprise.

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