Cleveland East

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

Next round of Brownfield grants starts Dec. 5

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Several things have long slowed Cleveland’s post-industrial transition to embrace new economic drivers. One of the biggest is the lack of large, clean properties near existing labor. The city recently announced a $50 million land assembly program that could be boosted to $100 million with other funding. While some of that funding could come from the private sector, another source may well come from a new round of state funding to aid redevelopment, announced today.

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Nela Park may add residential

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Many Greater Clevelanders have at least some familiarity with a place that could soon become home to many Greater Clevelanders. The owner of the former General Electric Lighting headquarters, 1975 Noble Rd. in East Cleveland, is preparing plans to convert several office buildings within the 94-acre Nela Park Campus into apartments and make those intentions known at a meeting of local stakeholders, possibly as early as this month, according to a source familiar with the project.

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Collinwood school reopens as apartments

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When schools are converted into apartments, they don’t always look like schools anymore — at least on the inside. The Longfellow School Apartments in Cleveland’s North Collinwood neighborhood put that notion into detention. Located at 650 E. 140th St. just south of Interstate 90, Longfellow had its second ribbon-cutting ceremony last week nearly 100 years after its first.

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Cleveland, Maple Hts projects add hundreds of jobs

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Tennessee-based laboratory services company LabConnect and local fermented foods producer Cleveland Kitchen Co. were approved this week for a combined $1.1 million in state job creation tax credits for up to 250 new jobs at facilities in Cleveland. Meanwhile, a growing Vendors Exchange International, LLC plans to move its offices and manufacturing facilities from a western suburb to Maple Heights where it will expand to more than 70 jobs, thanks to financial support from Maple Heights.

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Local projects may benefit from federal incentives

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Having too much office space, not enough housing inventory and tight private financing to address those conditions isn’t just a Greater Cleveland phenomenon. It’s a nationwide problem. So the federal government on Friday announced incentives to encourage the conversion of high-vacancy commercial buildings to residential use and develop surplus land owned by transit agencies.

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Old Aquarium razed for South Gordon Park plan

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After sitting empty and rotting away for nearly four decades, the old Cleveland Aquarium at South Gordon Park was finally demolished yesterday by contractors for the Cleveland Metroparks. The regional park system, whose long-term lease of this city-owned site took effect earlier this month, wasted no time in taking down the long-closed aquarium building. In the coming months, Metroparks officials said they intend to seek community input on how to improve South Gordon Park.

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Stark grounded as war erupts in Israel

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Greater Cleveland real estate executive Ezra Stark is grounded in Israel by the outbreak of war over the weekend, Stark confirmed to NEOtrans through a company spokesperson. He was scheduled to fly out Sunday but most airlines including all U.S.-based carriers have temporarily suspended flights to and from the Middle Eastern nation due to its worsening security situation following a surprise, massive attack Oct. 7 by the terrorist group Hamas.

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Seeds & Sprouts 33 – Sankofa Village Phase 4 coming, West 48th gets more townhomes, So might Midtown, Intro adding salon

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Sankofa Village will be adding its fourth, final phase in Cleveland’s Central neighborhood. An extra space just off West 48th getting more townhomes. One Midtown Luxury Townhomes seeks expansion. And Intro gains national beauty salon chain as tenant.

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Seeds & Sprouts 33 – Sankofa Village Phase 4 coming, West 48th gets more townhomes, So might Midtown, Intro adding salon Read More »

Cleveland seeks developers of JFK High

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With demolition underway at the 14-acre former John F. Kennedy High School and Recreation Center site in Cleveland’s Lee-Harvard neighborhood, nearby residents may wonder what’s going to reactivate this large property. City officials began taking steps yesterday to answer that question by inviting real estate developers and others to express their interest in the site, 17100 Harvard Rd., just east of the Lee-Harvard Shopping Center.

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Glenville’s Cory Church, nee Park Synagogue, to be renewed

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Cory United Methodist Church (UMC), the first stop on Cleveland’s Civil Rights Trail and a landmark in Cleveland’s Glenville neighborhood for more than 100 years, is about to undergo major repairs to its worn exterior. Thanks to recent grants and donations, the façade of the former Park Synagogue will see significant restoration work to include fiberglass replacements of missing pieces of masonry, repairs of cracked concrete and bricks, plus a rebuild of its columns, cornices, parapets, granite stairs and more. Plans for the repairs were recently submitted to the city.

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