NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
Detroit Avenue in Lakewood is becoming a hot zone of multifamily developments. One project at the Steve Barry Buick site is well underway. Another, Lakewood Common, is just getting started. And two new developments are planned at sites where other, similar buildings were sought before.
Read MoreTwo more big Lakewood developments Read More »
Northeast Ohio’s ambitious goal of becoming a national epicenter for advanced materials and industrial innovation over the next decade, with the goal of creating 20,000 manufacturing jobs, has advanced to the next stage.
Read MoreCWRU-led effort a finalist for $160M advanced manufacturing program Read More »
After initially denying approval, the Ohio Department of Transportation (ODOT) today reversed course and approved a permit for construction of the new, enclosed Huntington Bank Field in Brook Park near Cleveland Hopkins International Airport.
Read MoreODOT-Aviation reverses course, OKs permit for new Browns stadium Read More »
For the sixth time this year, another large, multitenant retail center in Greater Cleveland has sold. JLL Capital Markets announced today that it arranged the $13.8 million sale of Fairview Centre, a 147,602-square-foot, grocery-anchored shopping center in Fairview Park.
Read MoreAnother Cleveland-area shopping center sold Read More »
At long last, construction crews are on location today to begin site preparation for the $115 million Downtown Lakewood mixed-use development called Lakewood Common. It’s a sign of progress that’s been pursued by two mayors and two different developers since the city-owned Lakewood Hospital was closed by Cleveland Clinic in 2016.
Read MoreDowntown Lakewood project starts Read More »
Last night, in the hours before the Green Bay Packers hosted the Washington Commanders for a football game at historic Lambeau Field, fans did what they do everywhere else. They parked their cars, maybe did a little tailgate partying before walking to the stadium and paid a handsome price for the privilege.
Read MoreNew Browns’ Brook Park stadium to have among least parking in NFL Read More »
A large-scale sale-leaseback of 24 facilities in Ohio and Florida is underway, and it’s Greater Cleveland’s largest employer that’s initiating it. The sale-leaseback was sought by Cleveland Clinic, and the buyer is MedCraft HealthCare Real Estate. a suburban Minneapolis-based health care real estate company.
Read MoreCleveland Clinic sells, leases back 24 facilities Read More »
Legacy RHM Capital, a fully integrated real estate investment platform focused on acquiring, operating and enhancing institutional-quality multifamily properties, announced its formation through the strategic merger of Legacy Capital Partners and RHM Capital Group.
Read MoreNotable real estate investment firms merge Read More »
The Port of Cleveland announced today that it has nominated Jeff Epstein to serve as its next president and chief executive officer, pending formal board approval. Epstein brings more than two decades of experience at the intersection of economic development, public-private partnerships, and transformative urban investment.
Read MorePort of Cleveland names new CEO Read More »
A soccer stadium development company that responded to Cleveland State University’s (CSU) offer to repurpose its Wolstein Center site is doing so without coordinating with a non-profit group that has been seeking to develop a soccer stadium at the Gateway South area.
Read MoreGateway South soccer stadium ‘full steam ahead’ Read More »
