Residential Real Estate News

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

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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Flats luxury finally coming home

It’s the type of housing development that could not be achieved in Cleveland’s Flats until now. And the proof of that statement rests with the multiple prior attempts at developing this site. While there’s still a ways to go, a big step forward was made on Friday when City Planning Commission’s Design Review Committee approved the construction of luxury housing and a retaining wall along Carter Road.

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Cleveland’s Watterson-Lake redevelopment evolves

More details are emerging for the proposed Watterson-Lake redevelopment in Cleveland’s Detroit-Shoreway neighborhood including the project’s growing size, parking situation, how it will be funded and who will manage the property. According to a project funding application posted earlier this month by the Ohio Housing Finance Agency (OHFA), the answer to the last question is the Cuyahoga Metropolitan Housing Authority (CMHA).

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