Cleveland East

NEOtrans business, development, real estate, construction and market trend news from the East side of Cleveland

GCRTA to upgrade 22 Shaker Hts rail stations

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When the Greater Cleveland Regional Transit Authority’s (GCRTA) new trains enter service in the next few years, they will be picking up and dropping off riders at more attractive and user-friendly stations in Shaker Heights. That’s due to a $2 million program to enhance station amenities at all 22 stations in this eastern suburb that was built around its two light-rail lines, the Blue and Green lines.

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First Interstate to renovate UC apartment building

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This summer, an aging but well-located building in the heart of Cleveland’s booming University Circle will get a needed refreshing to help it compete with new apartment buildings nearby. The University East Building, 11308-11330 Euclid Ave., will get that attention now that it is under the long-term management of a prominent local real estate developer.

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2025 is the year Cleveland returns to the office

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For better or worse, for richer or poorer, many of us are about to rediscover our relationship with the office. Some of us never left. Others left and aren’t coming back. But an increasing number of Americans and Greater Clevelanders will be coming back to the office in 2025, for the first time since the COVID-19 pandemic caused employers to dabble with remote or hybrid working.

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Miceli Dairy to start its big expansion in spring

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Miceli Dairy Products is taking the first big steps toward its multi-phase expansion vision by unveiling plans for its $16 million first phase. But when all three phases are completed in the coming years, Miceli anticipates making a $128 million investment that will bring hundreds of new jobs to Cleveland’s Buckeye-Woodland neighborhood.

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Projects OK’d for affordable housing loan, credits

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In Cleveland, one east-side housing development and one west-side development are set to receive 4-percent Low Income Housing Tax Credits (LIHTC) from the Ohio Housing Finance Agency (OHFA). The agency announced that determination yesterday in a spreadsheet posted on its Web site. A third project won a $1.75 million OHFA loan, OHFA said in a written statement released today.

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NE Ohio projects get historic wins from tax credits

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There were 14 Cuyahoga County historic renovation projects that won a total of $16,267,141 in Ohio Historic Preservation Tax Credits today. Most of those projects would repurpose their 50-plus-year-old buildings for new uses so they can contribute to their communities for at least another 50 years. Some of the buildings are pretty well known.

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North Collinwood ‘historic’ modular townhomes OK’d

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Six townhomes may not sound like much, but their builder says they’re an “historic” next step toward increasing the amount of modular housing in Cleveland. City officials and some home builders say more modular homes are needed here to address shortages in quality, affordable housing, fill vacant lots, repopulate the city, increase homeownership in Cleveland and build equity.

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Centennial still alive, among Ohio Brownfield winners

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Without any visible activity in nearly two years, rumors circulated throughout Cleveland’s development community that the roughly $500 million Centennial redevelopment, 925 Euclid Ave. in Downtown Cleveland was dead. Similar rumors circulated about the fate of the Rockefeller Building, 614 W. Superior Ave., and renovations to Rhodes Tower, 2124 Chester Ave., one of the projects in Cleveland State University quieted development master plan.

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