Cleveland East

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

Cleveland Clinic, Fairmount seek Meijer grocery store, apartments

After months of planning, a mixed-use development is gaining traction on Cleveland Clinic Foundation-owned land on the Opportunity Corridor. The development is an effort to capitalize on the $306 million transportation investment, support the Greater University Circle Initiative and serve a growing residential population nearby.

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Amazon plans delivery center near Slavic Village

Plans were submitted to Cleveland’s Department of Building and Housing for an Amazon Delivery Station offering at least 200 jobs to be located at 400 Heidtman Pkwy. in the Industrial Valley next to Cleveland’s Slavic Village neighborhood. However, not everyone at the city who was informed of the plans realized it was for Amazon – unless they read the fine print.

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Dream Hotel tower at Masonic Temple in Midtown planned

One thing’s for certain — the Coronavirus pandemic hasn’t slowed the rapid spread of plans for high-rise towers in Cleveland.
The latest is a proposed 19-story, $60 million Dream Hotel proposed to rise alongside the Masonic Temple, 3615 Euclid Ave. The project was announced today by investor Beaty Capital Group of Fort Smith, AR.

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Chester75 sounds University Circle’s boom in Hough

A significant, multi-phase residential development is proposed on the border of the Hough and Fairfax neighborhoods, in the vicinity of Chester Avenue and East 75th Street. It and other developments represent a continued spillover effect from booming employers and residential investments in neighboring University Circle.

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Cleveland Clinic, Fairfax seek homes, biz & opportunity

UPDATED MARCH 11, 2020

As more sections of the 3-mile, $330 million Opportunity Corridor Boulevard open, more stakeholders are pursuing real estate opportunities. That’s especially true where the first two sections have opened, from East 93rd Street north to Chester Avenue. Work is moving forward on the third and final section from East 93rd west to East 55th Street, set to open in two years.

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Circle Square plan was big, gets bigger

When Midwest Development Partners first announced its Circle Square plan five years ago, then-called University Circle City Center or UC3, it was considered bold and ambitious.

Cleveland in 2015 was still shaking off the body blows it took from the Great Recession and even from the early-2000s recession before that. But this was University Circle — Cleveland’s fastest-growing employment hub.

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