Cleveland East

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

Cleveland Clinic formally announces expansion

Citing tremendous growth in the number of patients seeking health care, the Cleveland Clinic Foundation (CCF) today formally announced plans for $1.3 billion worth of facilities expansion worldwide. But most of the new construction is planned for its main campus near University Circle in Cleveland.

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Megaprojects program gears up for next round

This week, the Ohio Department of Development announced that it is opening round two of its new and popular Transformational Mixed Use Development (TMUD) tax credits program on May 18. Authorized for four years with up to $100 million in tax credits available each year, the deadline for submitting TMUD applications for Fiscal Year 2023 is 4 p.m. July 8.

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Evergreen plants itself in fertile ground

When Michael DeAloia shows off the new home of Evergreen Podcasts, there’s an air of entrepreneurial energy and optimism in the place. Crafted out of the former radio studios and offices of WZZP/WDOK-FM at 2644 St. Clair Ave., the fresh smell of paint and carpet pushed around by the action of people coming and going makes the building feel reinvigorated.

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As the University Circle garage turns

A proposed demolition of a parking garage at 1980 Ford Rd. in Cleveland’s University Circle area is already causing negative impacts in the area — and the garage hasn’t been razed yet. But officials at University Circle Inc. (UCI) which owns the 54-year-old garage are hoping that a new parking deck to be built in its place will help boost the neighborhood.

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