NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
While the development team for the $84 million mixed-use Bridgeworks project in Cleveland’s Ohio City neighborhood is finalizing construction permits with the city, the team decided to take a step that could accelerate the project and get it underway sooner.
Read MoreBridgeworks shows signs of life Read More »
Support for the planned domed stadium in Brook Park by the Greater Cleveland Partnership (GCP), announced earlier this week, has ruffled a few feathers. And it’s not just those that were expected to be ruffled — Cuyahoga County and City of Cleveland officials, Downtown Cleveland Inc., and others. Now, it’s the parent company of the Cleveland Cavaliers who say pursuing the stadium at this time is a bad idea.
Read More
Two new Cleveland housing construction projects and one renovation won coveted, highly competitive 9 percent Low Income Housing Tax Credits (LIHTC) from the Ohio Housing Finance Authority (OHFA) today. The awards promise a big financial boost to each of the projects which are located in the Glenville, Hough and Ohio City neighborhoods.
Read MoreGlenville, Hough, Ohio City housing wins big Read More »
One day after the region’s chamber of commerce announced its support for the construction of an enclosed stadium in Brook Park, a poll of likely voters in Cuyahoga County was leaked to NEOtrans, showing most of those voters opposed the Cleveland Browns leaving downtown for the suburbs. The poll also said that opposition was putting at risk a county sin tax to repair facilities for all of Cleveland’s major sports teams.
Read MorePolling data shows voters oppose Browns move Read More »
Downtown Cleveland’s lakefront has had a stadium on it for 91 of the last 93 years. But that should come to an end for the betterment of the lakefront and its replacement stadium, according to the Greater Cleveland Partnership (GCP) — the metro area’s chamber of commerce. GCP also urged the closure of Burke Lakefront Airport.
Read MoreRegional chamber of commerce likes Browns’ move Read More »
Due to funding policy changes at the U.S. Department of Housing and Urban Development (HUD) since January, backers of the Memphis & Pearl development in Cleveland’s Old Brooklyn neighborhood have had to scramble to save the project from a suddenly large, $15 million funding gap.
Read MoreMemphis & Pearl faces funding gap, has solutions Read More »
Ten days ago, Mayor Justin Bibb announced a $1.6 billion plan to construct the Cleveland Hopkins International Airport’s Terminal Modernization Development Program (TDMP). Today, more details came to light about that plan, called CLEvolution, as the City Planning Commission unanimously approved the first two steps forward in that eight-year program.
Read MoreCleveland Airport project’s first two steps take off Read More »
A spokesman for the owner of the Cleveland Browns, the Haslam Sports Group (HSG), told NEOtrans that they have sent a letter today to Cuyahoga County Executive Chris Ronayne stating they will move forward without the county’s support, and saying they believe building an enclosed stadium in Brook Park is the only long-term stadium solution for the region.
Read MoreHaslams: stadium project to advance without county Read More »
An annual report by the Cuyahoga County Planning Commission released this week showed that Transit Oriented Development in the county reached an all-time high in 2024. But 92 percent of countywide TOD activity is occurring in the city of Cleveland. And only four of 26 communities along high-frequency transit routes and walksheds, called TOD corridors, had a TOD project in the past six years indicating a lack of suburban activity.
Read MoreCleveland-area TOD projects reach high in 2024 Read More »
New estimates from the U.S. Census Bureau show that, while population in Greater Cleveland edged up a bit for the second straight year, the metro area is still down overall for the decade so far. And the city of Cleveland saw its population shift at the same it enjoys strong increases in income tax revenues from young professionals and retired empty nesters replacing lower-income families.
Read MoreGreater Cleveland’s population edged upward Read More »
