Residential Real Estate News

A brief summary of the most relevant and major residential real estate news in Greater Cleveland

North Collinwood ‘historic’ modular townhomes OK’d

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Six townhomes may not sound like much, but their builder says they’re an “historic” next step toward increasing the amount of modular housing in Cleveland. City officials and some home builders say more modular homes are needed here to address shortages in quality, affordable housing, fill vacant lots, repopulate the city, increase homeownership in Cleveland and build equity.

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Ohio City townhomes project gets 2nd shot

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A long-planned and contentious townhomes development at 4705 Bridge Ave. in Cleveland’s Ohio City neighborhood is seeing signs of construction activity after being on hold for nearly three years. The project’s revival is due to several factors including an improved for-sale housing market of lower interest rates, more fluid financing for construction and a new construction contractor that was hired.

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Cleveland riverside neighborhood opens for tours

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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.

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Downtown Riverfront entertainment complex, Browns Berea site, others seek TMUDs

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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.

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Go Browns! But where?

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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.

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Second apartment complex next to Herman Park

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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.

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