A brief summary of the most relevant and major residential real estate news in Greater Cleveland
For much of the past 50 years, Scranton Peninsula, across the curving Cuyahoga River from Downtown Cleveland, had become an increasingly desolate place. It saw its two largest industrial employers — Northern Ohio Lumber and Republic Steel’s Upson Nut Division — depart, leaving the 75-acre peninsula scarred and mostly vacant. But a residential future is rising.
Read MoreCleveland riverside neighborhood opens for tours Read More »
The next phase of Bedrock’s Downtown Cleveland Riverfront development is proposed to feature a large, 17-story entertainment complex topped by a hotel. Dubbed Rock and Roll Land, it is the largest of seven Northeast Ohio projects and is seeking the largest award possible in the fourth and final authorized round of the Ohio Department of Development’s Transformation Mixed Use Development (TMUD) tax credits.
Read MoreDowntown Riverfront entertainment complex, Browns Berea site, others seek TMUDs Read More »
The Port of Cleveland today approved the issuance of more than $171 million in bonds and notes for four transformative projects, including the pivotal first new development in Bedrock’s Riverfront project along the Cuyahoga River and a major affordable housing renovation in downtown Cleveland, among other strategic initiatives.
Read MorePort OK’s $171M in financing for major projects Read More »
One of the most anticipated games in my early Cleveland Browns fandom came three days after Thanksgiving in 1979. The 8-4 Browns faced the hated Steelers at Three Rivers Stadium in Pittsburgh where the Browns had yet to win. The Steelers were going for their fourth Super Bowl in the 1970s and the Browns were trying to get back to their glories of the prior two decades.
Read MoreGo Browns! But where? Read More »
Herman Park may be in need of updating, but its presence is enough to attract a second proposed apartment building to rise next to it. Conceptual designs for that building, located at 6400 Herman Ave. in Cleveland’s Gordon Square neighborhood, were approved yesterday by a neighborhood design-review panel and referred to the City Planning Commission’s Design Review Committee.
Read MoreSecond apartment complex next to Herman Park Read More »
A new apartment building and row of townhomes called Skyline on Stokes have taken form in Cleveland’s University Circle. The last structural features of the seven-story apartment building, formerly called Stokes West, were added and celebrated last week in a “topping-out ceremony.”
Read MoreSkyline on Stokes tops out in University Circle Read More »
Cuyahoga Land Bank has been awarded $4.95 Million from the Ohio Department of Development’s Welcome Home Ohio Program to support affordable housing development in the county. The funds will be used to create new, affordable homes in partnership with Cuyahoga County, CHN Housing Partners and Near West Land Trust.
Read MoreLand Bank gets $5M for affordable homes Read More »
The private home of the owner of some of Cleveland’s most well-known buildings and restaurants was searched today by federal investigators and assisted by local police in an ongoing matter involving the U.S. Department of Housing and Urban Development (HUD). Frank Sinito and his wife Malisse reside at a mansion at 6736 Eagle Road in Waite Hill, in suburban Lake County.
Read MoreFeds search Sinito’s home; Owner of Millennia, Key Tower, apartments and restaurants Read More »
In the coming weeks, demolition crews are due to level the fabled Cleveland Vibrator machine shop, 2828 Clinton Ave., in the Hingetown section of Ohio City for a large apartment complex. Site preparations for two new apartment buildings will take place over the winter with construction work to follow, said Jon Pinney, managing partner at the project’s developer TurnDev.
Read MoreCleveland Vibrator to be razed for apartments Read More »
Christoff Group isn’t wasting any time in moving forward on a new townhouse development in the Duck Island section of Cleveland’s Tremont neighborhood. Only two months after acquiring just over a quarter of an acre of land, the developer and its realtor are announcing a six-unit collection of large, for-sale homes.
Read MoreDuck Island adding new townhomes Read More »
