Seeds & Sprouts XVIII — Hingetown bags grocer, Innovation Square to rise, Franklin West spaces out
Hingetown bags grocer, Innovation Square to rise, Franklin West spaces out.
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NEOtrans business, development, real estate, construction and market trend news from the East side of Cleveland
Seeds & Sprouts XVII – Cavs team shop to get facelift, Minute Men HQ & EDEN townhomes
This is the Seventeenth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.
Cleveland Cavaliers team shop to get facelift.
Minute Men Staffing publicly releases HQ expansion plans.
Two townhouse projects planned, east and west.
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Megaprojects tax credit doubles in size, duration
State lawmakers overwhelmingly passed a compromise two-year budget bill tonight that included a provision to double the dollar amount and duration of a new tax credit program to boost real estate megaprojects in Ohio’s largest urbanized areas.
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Kalina House gets early OK for Fairfax site
Kalina House is proposed to help people transition to a new life after suffering the loss of limbs. Making that transition means finding new housing, learning how to move around, and be independent takes an enormous effort. Kalina House is the place where that journey will begin.
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Cleveland Clinic advances its ‘Big 3’ projects
Cleveland’s largest employer is about to get even larger. While Cleveland Clinic Foundation (CCF) is officially mum on expansion details, NEOtrans is hearing rumors from sources that one or more of their “Big 3” projects may be bigger than originally anticipated.
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Forgotten Triangle forgotten no more
Cleveland received the best news possible today for the redevelopment of one of the city’s oldest public housing sites. The Woodhill Homes redevelopment won the largest possible federal grant from the Department of Housing and Urban Development. Last year the project was a finalist for HUD’s $35 million Choice Neighborhoods grant but came up just short.
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Millionaire’s Row mansion down to the 11th hour
Signet Real Estate Group’s proposed MidTown Cleveland development means the demolition of one of the few surviving Millionaire’s Row mansions unless a generous savior appears at the last minute.
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Library Lofts, MLK Branch Library to amplify UC’s boom
With final approval secured today from the City Planning Commission, developers of the Library Lofts apartment building, 10541 Euclid Ave., and its ground-floor Martin Luther King Jr. Branch Library hope to start construction in August.
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New pathogen center heralds start of Innovation District
Earlier this year, state and local officials announced the launch of the Cleveland Innovation District and the availability of $565 million in public funds to get it rolling. Not wasting any time, Cleveland Clinic Foundation (CCF) has issued a request for proposals (RFP) to firms to design and build a research campus led by a new Global Center for Pathogen Research & Human Health. The RFP provides a little more clarity on what CCF has in mind for the research campus and pathogens center.
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University Heights OKs 30-unit townhouse development
As part of University Heights’ initiative to increase the city’s population through housing investment, the northwest corner of the city will soon gain a new 30-unit townhouse development. The project, called South Taylor Place, should see construction start in July following the April 15 approval by the city’s Architectural Review Board.
Knez Homes will build the market-rate townhouses on 0.7 acres the firm acquired just north of Cedar Road. Knez, one of Northeast Ohio’s largest homebuilders, purchased the land in March from the University Heights City Beautiful Corp. for $7,000, according to county records.
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