Residential Real Estate News

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

Tremont townhouses on Towpath put on slow path

A unique townhouse development, one of the first that would be built directly facing the Towpath Trail, was on a fast path toward design approval and a zoning change. But City Planning Commission members decided that that path was a little too fast for it and urged that the developer and its architect go back and get more input from the neighborhood first.

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Hough MLK Plaza redevelopment advances

While Northern Real Estate Urban Ventures, LLC (NREUV) is getting ready to break ground this week on its first Cleveland development, it’s already putting together the pieces for its next project here. The redevelopment of MLK Plaza, 9300 Wade Park Ave., in Cleveland’s Hough neighborhood would replace an aging, mixed-use complex with modern, low-income housing over ground-floor programming and common areas.

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Cleveland offers up prime Ohio City property

Cleveland city officials followed through on a promise they made in early July when they announced they would be making the city-owned McCafferty Health Center property, 4242 Lorain Ave., available for redevelopment. Today, they issued a formal invitation to professional real estate development teams to respond to a Request for Qualifications (RFQ) to redevelop the site and address the need for affordable housing in the Ohio City neighborhood.

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Hough groundbreaking set for Sept. 5

According to a public record located by NEOtrans, a groundbreaking ceremony is scheduled from 10 a.m. to 12 noon Sept. 5 for the redevelopment of a vacant 10-story apartment building at 9410 Hough Ave. in Cleveland’s resurgent Hough neighborhood. Kristi Halford, a spokesperson for the project’s development partners, confirmed the scheduled event in an e-mail to NEOtrans.

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Market District Lofts in Ohio City to expand

On most other plots of land, adding 17 homes to it would be noticeable from the street. But if a proposed expansion of the Market District Lofts in Cleveland’s Ohio City neighborhood happens, it might be the most below-the-radar residential development in the urban core since The Residences at The Guardian condominiums opened downtown. And the same developer is involved in both.

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Skyline 776 tower fills while under construction

When you first walk into the lobby of the Skyline 776 tower, 776 Euclid Ave., you realize you’re not in your usual Downtown Cleveland apartment high-rise anymore. Of the 11 downtown apartment buildings of 20 stories or more that preceded it, each has varying degrees of luxury or lack of same. And most tried to either highlight the architectural era in which they were built, or simply present the most modern appearances possible.

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Slavic Village’s Olympia Building to be renovated

Increased interest in reviving historic structures around the mostly intact Broadway-East 55th intersection in Cleveland’s Slavic Village neighborhood has expanded to include the 113-year-old Olympia Building, 3335-3361 E. 55 St. That building will feature renovated apartments over existing storefronts and the preserved lobby for the Olympia’s adjacent movie theater demolished long ago.

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First look: new 3-story restaurant-speakeasy downtown

Although the names and themes were previously announced, designs for a new French-themed restaurant and speakeasy in Downtown Cleveland were made publicly available for the first time yesterday. They show a well-appointed establishment with a construction budget to match. The hospitality offerings are due to open later this year at the new 23-story City Club Apartments, 776 Euclid Ave., to offer Clevelanders more le plaisir.

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Tremont Treehouse Apartments plans announced

A joint venture proposing a four-story apartment building in Cleveland’s Tremont neighborhood called the Treehouse Apartments, first reported by NEOtrans last month, will go before the City Planning Commission’s Design Review Committee to present their plans this Friday. While the project would add dozens of new housing units to the neighborhood to respond to as-yet unsatiated demand, it would also result in the demolition of three 19th-century houses.

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