Real Estate News – Page 70

Cleveland: growing faster than the national average, and shrinking

5 Comments / Ken Prendergast / September 1, 2021

Sometimes living in Cleveland is a walk in the park. And Census data shows more adults are choosing to live here as its economy is producing more output per capita than the average among 106 of America’s largest cities studied in a recent analysis. And Clevelanders’ wealth grew by $2.1 billion between 2017 and 2019 but dipped during the pandemic

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Phantasy Theater renovation into Studio West 117 begins

Ken Prendergast / July 30, 2021

Construction is starting on a $75 million rebirth of the Phantasy Theater complex, 11794-11814 Detroit Ave. in Lakewood, into Studio West 117.

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Hough Bakeries redevelopment plan revealed

Ken Prendergast / July 29, 2021

Plans for redeveloping the vacant Hough Bakeries plant on the Cleveland-East Cleveland line were revealed today.

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Westinghouse site may see $85 million reno with hotel, apartments, shops

Ken Prendergast / July 16, 2021

Abandoned Westinghouse factory in Cleveland may be renovated for $85 million with hotel, apartments & shops.

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45 Erieview aims to be Cleveland’s first post-pandemic remote-work tower

Ken Prendergast / July 15, 2021

The curving floorplates of 45 Erieview offer sweeping views of Lake Erie for residents, but interior parts of the building cannot be used for apartments because the city’s building code requires residential uses to have windows.

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Amazon to be first tenant at Brook Park’s ex-Ford site

Ken Prendergast / July 11, 2021

Northeast Ohio’s transition away from a manufacturing-based economy continues as the first tenant is revealed for the former Ford Motor Co. engine and casting plants in the Cleveland suburb of Brook Park. That tenant, according to two sources familiar with the redevelopment, is e-commerce giant Amazon.

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CBIZ is latest biz seeking suburb-to-downtown move

Ken Prendergast / April 25, 2021

A growing employer is seeking to move from the suburbs to downtown Cleveland and has less than a year to do it. CBIZ, Inc., founded in 1987, has grown to 4,800 employees in more than 100 offices nationwide with more than 200 of them at their headquarters in 6050 Oak Tree Blvd. in Independence.

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ARPI Apartments to continue Hough’s residential growth

1 Comment / Ken Prendergast / April 16, 2021

Construction could get underway in June on a 42-unit apartmentbuilding on East 93rd Street in Hough, led by ARPI DevelopmentLLC. Thanks to meeting the right people, the project moved fromidea to the cusp of construction in just eight months (GLSD). City Planning Commission today approved plans for a new apartment building in Cleveland’s Hough neighborhood,

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Knez Homes wins large undeveloped Tremont property

1 Comment / Ken Prendergast / April 6, 2021

In Cleveland’s built-up, booming near-West Side neighborhoods of Tremont and Ohio City, it’s not often that a clean, undeveloped piece of land as big as 3.55 acres becomes available for development. But that’s what just happened in the Lincoln Heights section of Tremont.

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iHeartMedia moves offices, studios from suburbs to downtown

1 Comment / Ken Prendergast / March 22, 2021

Today, iHeartMedia Cleveland announced plans to move their regional office to downtown Cleveland. The new location will be at 668 Euclid Ave. and will include a 10-year agreement lease with K&D Group.

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