Downtown Cleveland

NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area

Port OK’s $92M for Cleveland, Brecksville projects

A trio of projects — two in Cleveland and one in Brecksville — got a total of $92 million in financing approved by the Port of Cleveland to help get them closer to construction. Two are mixed-use housing developments in Cleveland totaling 355 residential units. The third is a new, 136-room AC Marriott hotel at Valor Acres, the former Veterans Administration (VA) Hospital site in Brecksville.

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Bedrock to add steam plant site to Riverfront plans

If you like what Bedrock Real Estate has planned for its huge Riverfront Development in Downtown Cleveland, expect more of it at the site currently occupied by closed Cleveland Thermal steam heating plant, 2274 Canal Rd. That’s what public records reveal in the application for Ohio Brownfields Program funding that was awarded last week. But not all of the steam plant may be affected.

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Downtown’s historic Chancery Building to be renewed

One of Downtown Cleveland’s oldest surviving buildings is about to see a structural renewal that also offer a more uplifting place for hundreds of people to work and visit. The Chancery Building, 1027 Superior Ave., was built in 1888 as a school but later was converted to offices. That use will be confirmed by a $15 million renovation.

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Downtown steam plant to be razed, redeveloped

Eight redevelopment project sites won a total of nearly $18 million from the Ohio Department of Development’s Brownfield Program so the sites can be cleaned up and, in some cases, their existing structures are to be demolished. One of those where demolition is planned is the former Cleveland Thermal steam plant, 2274 Canal Rd., in Downtown Cleveland.

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