Cleveland East

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

Cleveland seeks urban core tax-increment financing district

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Cleveland’s biggest source of tax base is its downtown which supports services and infrastructure in the rest of the city. City officials are seeking to leverage investments in its urban core to create a feedback loop to support downtown and other neighborhoods. But not everyone is convinced this is a good thing for the rest of the city and cynics are seeking more information and research before deciding.

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Cleveland, Berea construction firms unite

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The Albert M. Higley Co., a Cleveland-based provider of construction contracting services since 1925, announced today it has merged operations with T. Allen Incorporated of Berea. The parties said that they consider this to be a strategic union which marks a pivotal moment, consolidating two esteemed companies into a formidable force within the carpentry industry.

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One of Cleveland’s largest lakefront sites is now in play

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Turns out the sale of a large Cleveland lakefront property could be good news for a more livable shoreline, after all. The 62-acre former Lake Shore Power Station site just east of Downtown Cleveland, along with the 167-acre Eastlake power plant property and another in Oregon, OH near Toledo were sold last month by Energy Harbor Generation LLC of Akron to a firm that specializes in cleaning up and redeveloping former coal-fired power plant sites.

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Glenville civil rights site may become homes, park

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When the Cleveland Metropolitan School District put 19 former school properties up for sale in 2021, some of them had school buildings on them. Even those that didn’t anymore still had historical value to them. One of those was the former site of the Stephen E. Howe Elementary School in Cleveland’s Glenville neighborhood which was the scene of a fatal incident in the fight for desegregation of the school district.

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Cleveland development: what to look for in 2024 — University Circle

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Back when Cleveland was an industrial powerhouse, few wanted to live near its dirty, noisy industries. Today, its largest source of employment is the education and health services sector — a cleaner industry to which it’s attractive to live within a short walk or bike ride. It is centered in and near University Circle, surrounded by long-neglected neighborhoods. But investment has been coming into those places — Hough, Fairfax, Glenville, Cleveland Heights’ Top of the Hill, and East Cleveland’s Circle East — bolstering them as neighborhoods of choice.

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Cleveland Lake Shore Power Plant land gets new owner

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It seemed too good to be true, and alas, it was. Title to a large, mostly vacant property for the former Lake Shore Power Station, 6800 S. Marginal Rd., in Cleveland, is being transferred to a new owner. The 62-acre site is across Interstate 90 from the bulk of Cleveland Metroparks’ lakefront improvements. But it’s not the Metroparks, the city or even a developer seeking to add recreation, housing or a mix thereof next to Lake Erie.

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Record Rendezvous building among historic renovation awards

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An historic building in Downtown Cleveland that housed Record Rendezvous, where the term “rock and roll” was reportedly first used to describe the genre, was awarded tax credits to aid in its restoration. It was among dozens of historic buildings across the state that were awarded credits today by the Ohio Department of Development.

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