Cleveland Suburbs

NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs

Rebuild Cleveland, FutureHeights unite to add housing

Rebuild Cleveland, LLC and FutureHeights, Inc. have embarked on an official collaboration to bring transformative infill housing development to Cleveland Heights. This partnership leverages Rebuild Cleveland’s considered approach to residential development and FutureHeights’ extensive track record of creatively engaging the community to develop exceptional housing that is responsive to the community’s needs and respectful of its architectural heritage.

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Is DeWine’s stadium tax idea a good bet?

Everything from helping to finance a new stadium for the Cleveland Browns to funding sports programs for low-income families could be supported by a new sports facility and education fund sought by Ohio Gov. Mike DeWine in his proposed state budget. But the proposed fund doesn’t pick a stadium site for the Browns, which appears to give Downtown Cleveland site backers more of a win than it does for the owners of the pro football team.

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Developer to rebuild after Cleveland Hts fire

The developer of the Marquee development has informed Cleveland Heights city officials that it will rebuild the structure that was destroyed by an overnight fire that began Jan. 25. The 139-unit Marquee at Cedar-Lee building fronting Cedar Road in the 13200 block, was still under construction and unoccupied at the time of the fire, which started about 7 p.m.

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Bedrock Riverfront Wins Greater Cleveland’s only TMUD

It seems $100 million doesn’t go as far as it used to. At least it didn’t today when the Ohio Tax Credit Authority awarded $100 million in Transformational Mixed Use Development (TMUD) tax credits to just nine projects statewide. Northeast Ohio won two — Greater Cleveland got just one of those. And that was the last of four rounds of TMUDs authorized by the Ohio General Assembly unless some previous awards aren’t used and are made available.

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