NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
Construction of several residence halls at Case Western Reserve University has been put on hold indefinitely, another victim of the COVID-19 pandemic and the fiscal uncertainties that surround it. Construction on the first phase of the $72+ million multi-phased project was due to start in early 2021.
Read MorePandemic quarantines CWRU development Read More »
Two small-to-medium-sized developments on each side of town are finding new lives after they’ve been significantly redesigned. One was a purely residential development in Lakewood that shrank but added mixed use. The other was a mixed-use development in Cleveland’s Larchmere district that has become purely residential.
Read MoreTwo developments, two sides of town and redesigned, too Read More »
A lot can change in just six years. That’s especially true when it comes to a university that’s continuing to make the transition from a regional commuter school to more of a nationally prominent residential institution.
And when that university is also trying to reconfigure its athlethic facilities, privatize its parking and capitalize on Cleveland’s international standing as a medical center, then it’s time to take a fresh look at its campus.
Read MoreCSU starts process for skyline-altering master plan Read More »
A new name has entered the mix for developing 1250 Riverbed St. on the Flats’ West Bank. Joseph Shafran, Chairman/CEO of Paran Management Co. of Cleveland is considering options for redeveloping the site.
Read MoreContestants emerging for Flats development Read More »
Above the Flats’ West Bank, Cleveland could have its own scaled-down version of New York City’s High Line park if early talks bear fruit.
The site is the Superior Viaduct that was completed in 1878 but closed to traffic in 1920. It’s primary use over the past 20 years is as a parking lot for K&D Group’s Stonebridge development that includes apartments, condominiums, restaurants, galleries and offices. The viaduct’s former roadway deck, still hosting streetcar tracks from long ago, is largely barren.
Read MoreTalks start for Cleveland’s own High Line-type park Read More »
According to a source close to the situation but was not authorized to speak publicly about the matter, Heinen’s downtown Cleveland grocery store will reopen in four to eight weeks.
Rumors have swirled since the nationwide riots and looting on May 30 forced the closure of the full-service downtown grocer. The store suffered modest damage and theft of merchandise from the first floor only. Some downtown residents feared the store would not reopen.
Read MoreHeinen’s downtown Cleveland store to reopen by August Read More »
At a meeting today of the Riverfront District Block Club, developers presented their plans for a high-rise apartment tower near the top of the hill above Flats’ West Bank. It is the first of what is likely to be more residential towers announced publicly in the near future for the West Bank.
Read MoreFlats West Bank high-rise plans revealed Read More »
In 2020, as the practice of social distancing has dominated, a relatively new business is taking the opposite approach. COhatch, founded in Columbus in 2016, is creating a community-centric approach to co-working where people not only work together, but socialize, exercise, host events and support new business ideas with the help of local investors in the same location.
Read MoreCo-working biz expands to Cleveland with Hingetown launch Read More »
An important local real estate developer has emerged to lead a proposed apartment and hotel tower on the Flats’ West Bank, giving the project further legitimacy. That backer is the man who brought the Flats’ East Bank back from the ruins of being Cleveland’s Party Central in the late-20th century to become a bright, attractive mixed-use development.
Read MoreWolstein goes west as backer of Flats West Bank tower Read More »
Parking garages aren’t usually all that exciting. But one planned for the Flats’ West Bank might be the most exciting parking garage in Cleveland in 15 years.
In 2005, the nine-level 515 Euclid garage was designed and built with the promise of a future high-rise atop it. That garage ended up attracting Stark Enterprises which built the 19-story, $95 million Beacon apartment tower. Beacon saw construction start in 2017; it opened last year.
Read MoreCleveland’s exciting parking garage project. No, seriously Read More »
