NEOtrans business, development, real estate, construction and market trend news from the East side of Cleveland
For the first time in 200 years, Downtown Cleveland is at risk of losing its position as the region’s top employment hub. And in so doing, it would also no longer be Ohio’s top job hub, too. Downtown Cleveland has held the region’s top ranking since the days before the Ohio Canal opened for business in 1832, making downtown Cleveland the state’s reigning economic powerhouse.
Read MoreIs UC becoming Greater Cleveland’s top jobs hub? Read More »
Planning and development activities by several large players are pointing toward the need for constructing thousands of housing units in and near the Cleveland Clinic and the nearby booming University Circle area. And while the large number of housing units already under construction in and near University Circle is evident, it’s likely that they will start rising west of the Clinic’s main campus soon.
Read MoreThe future of the Cleveland Play House site Read More »
A sprawling factory complex on Cleveland’s near-East Side is proposed to be demolished by its owner of the last 130 years, General Electric (GE). The Design Review Committee of Cleveland’s City Planning Commission will hear a presentation this week by GE’s engineering consultant Stantec on why it should approve demolition of the factory, called the Euclid Lamp Plant, 1814 E. 45th St. But not everyone agrees the factory has to be razed before the property can be sold by GE.
Read MoreGE may demolish historic factory, incubator in Cleveland Read More »
At an alumni event earlier this week, Case Western Reserve University President Eric Kaler announced that the university has begun philanthropic fundraising to construct a new $300 million Interdisciplinary Science and Engineering Building. The new research facility was part of the university’s campus masterplan that was completed in 2018 but various components of it, including the expanded South Campus Residential Village now under construction, were delayed by the pandemic.
Read MoreCWRU seeks $300M research center Read More »
Two century-old, walk-up apartment buildings face each other on East 89th Street in Cleveland’s Hough neighborhood. One is structurally unsound and in danger of collapse after it was neglected by a so-called foundation facing a huge unpaid tax bill. The other will have its renovation and expansion plan reviewed by a committee of the City Planning Commission starting this week after it was bought by a successful, civic-minded local investor.
Read MoreTwo old Hough walk-ups: two fates Read More »
To say that the Cleveland Clinic has a lot of development activity on its plate would be a major understatement. And some of that $1.3 billion worth of construction at its Main Campus is already starting to manifest itself on the landscape. The Clinic is starting site preparation work for its massive new Neurological Institute on Carnegie Avenue. It delivered plans to the city for its expanded Cole Eye Institute. The health care system is prepping the site for the first phase of its new pathogens center. And it is finalizing plans for a full or partial demolition and redevelopment of the ex-Cleveland Play House property, the details for which could be released this fall.
Read MoreCleveland Clinic’s big projects are on the move Read More »
City Planning Commission today voted to support the final design of a large mixed-use development called Stokes West in Cleveland’s University Circle after nearly a year of debate over the fate of six historic but neglected rowhouses. The project’s landscaping plan still has to reviewed by the commission but today’s vote puts the development on a path to secure a building permit and start construction, possibly by the end of the year.
Read MoreStokes West wins final approval Read More »
“That neighborhood has good bones” is often said about an inner-city community as its leaders look for foundations in the area to aid its comeback. Unfortunately, it is not always true the bones are good or if they even exist. But for Cleveland’s Buckeye neighborhood, located on the city’s southeast side, it has a number of features in it or nearby that can be considered good bones on which muscles can be enhanced to regain lost strength.
Read MoreBuckeye neighborhood plan sets goals Read More »
Community developments groups Cleveland Neighborhood Progress and Burten Bell Carr Development have purchased the historic Shaker Square shopping center. The sale keeps the property under local, community-minded ownership and triggers a process by which deferred maintenance issues can be addressed and a strategy can be developed that will stabilize the center short-term and ensure it flourishes long-term.
Read MoreShaker Square commercial district sold Read More »
In 2012, backers of and participants in a study of improving the East 66th Street corridor in Cleveland’s Hough and MidTown neighborhoods probably couldn’t imagine how much development would be happening over the next decade along this long-neglected corridor. Many of those same stakeholders are now seeking a major investment in this north-south street to support its further development over the coming decade.
Read MoreCity seeks $15.7 million East 66th corridor boost Read More »
