A brief summary of the most relevant and major residential real estate news in Greater Cleveland
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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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.
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To finally repurpose the site of the former Lakewood Hospital that was closed in 2016, plans for a proposed major development have one more hurdle at the city of Lakewood to clear before crossing the finish line. That last hurdle, City Council, will take up those plans next month. If they’re approved by the end of this year, construction could start by Spring 2025 on the $100-plus million development.
Read MoreDowntown Lakewood project nears final approval Read More »
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.
Read MoreFairview Hospital-North final concept presented Read More »
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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After four years of going through multiple design iterations, it somehow seems natural that Bridgeworks finally got the OK today from the city to start construction — but only up to the second floor. To build above that, the project’s development team is going to have to come back to the city for design approval of the building’s top five floors. The team pledged it would do so — quickly.
Read MoreBridgeworks can finally build – up to two stories Read More »
