NEOtrans business, development, real estate, construction and market trend news from the East side of Cleveland
While Cuyahoga County officials contemplate how to address a $20+ million budget shortfall in each of the next two years, the county and its real estate contractors are planning to spend $865,000 to renovate office space at the former Plain Dealer (PD) Plaza, 1801 Superior Ave. in Downtown Cleveland.
Read MoreCounty to spend $865K on new HHS offices Read More »
Some said 9410 Hough Ave. couldn’t be saved. Others doubted the development team’s ability to move the rebuilding project forward. But Gina Merritt doesn’t succumb to those who doubt her or the endeavors she pursues.
Read MoreHough apartment tower transformed Read More »
Burke Lakefront Airport is an obstacle. You can’t build a decent-sized park on the lakefront because of it. You can’t build lakefront high-rises because of it. And you can’t access much of the water’s edge near Downtown Cleveland because of it and other nearby barriers, Huntington Bank Field, the Shoreway and the Port of Cleveland.
Read MoreA 5-mile-long lakefront redevelopment Read More »
If it seems like housing prices in Greater Cleveland are rising at rates faster than they used to, there’s new data to back up your experience. Yesterday, the S&P Dow Jones Indices (S&P DJI) released the latest housing price changes in the S&P Cotality (formerly CoreLogic) Case-Shiller Index.
Read MoreGreater Cleveland housing prices keep rising Read More »
Cuyahoga County, once an industrial giant on a global scale, is trying to remake itself in America’s post-industrial economy. That remake is burdened by literally hundreds of properties awaiting environmental assessment and clean-up from more than a century of unregulated manufacturing.
Read MoreCuyahoga = Vinton; Every Ohio county gets $1M in Brownfield grants in 2026 Read More »
In Greater Cleveland, there’s new life in the townhouse market after a recent slump. And in the City of Cleveland, there’s a new builder tapping into that rekindled market interest in new and remodeled townhouses.
Read MoreTownhouse construction hits the Marks Read More »
An Independence-based development firm yesterday closed on acquiring a large parcel of land in the eastern suburb of Highland Hills and plans to start construction early next year of up to 400,000 square feet of facilities to accommodate one or more manufacturing tenants.
Read MoreHighland Hills to gain large advanced manufacturing facilities Read More »
There’s good news and there’s uncertain news when it comes to the latest skyscraper planned for Cleveland’s booming cultural district, University Circle, and specifically for the megaproject site called Circle Square.
Read MoreNew UC skyscraper approved by city Read More »
A lack of affordable, extended-stay hotel accommodations near the Cleveland Clinic’s Main Campus has prompted a development team to fill that void. But in order to keep long-term stays affordable for families visiting Clinic patients, the hotel will have to be built on more affordable land at the periphery of the Main Campus. In this case — Cleveland’s Hough neighborhood.
Read MoreHough hotel planned near Cleveland Clinic Read More »
The local affiliate of a national nonprofit organization today announced the first of two financing commitments for the new Cleveland Housing Investment Fund (CHIF). Both commitments are long-planned affordable housing developments that will help address the city’s affordable housing crisis.
Read MoreTwo Cleveland housing developments to benefit from new funding program Read More »
