NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
A big retailer is opening at Steelyard Commons, renovations work for AJ Rocco’s new restaurant are about to progress, Hemingway Development bets on Midtown offices, and the inside of a West Side leather shop is about to be renovated.
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Construction permits were filed this week with Cleveland’s Building Department to retrofit a west-side factory so Victoriaville & Co. of Victoriaville, Québec, Canada can open its first manufacturing operations in the USA. The plant will manufacture what’s called “death care merchandise” — namely caskets and urns in what is a growing market as the oldest Baby Boomers approach 80 years of age.
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Two Greater Cleveland historic rehabilitation projects got an unexpected boost this week to the tune of nearly $7.2 million. The Taylor Tudors portion of a larger development in Cleveland Heights plus a renovation of McKinley School in Cleveland’s Westown Neighborhood were beneficiaries of an oversight by the Ohio Department of Development (ODOD).
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On March 28, Cuyahoga County Council is expected to vote on a proposed $2 million loan that could finally close a persistent funding gap on the planned $103.7 million Bridgeworks development. The investment would allow site demolition and construction to start as early as this spring, putting a 15-story building at the west end of the Detroit-Superior Bridge in the booming Hingetown section of Cleveland’s Ohio City neighborhood.
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The Elliot, Tremont’s newest events venue which opened in Fall 2022 in Tremont’s former Holy Ghost Church, has announced its spring lineup of performing acts. They will perform in The Elliot’s Rosehip Room, a speakeasy designed to accommodate live music, trivia nights and private events at 1415 Kenilworth Ave. in Cleveland. The Rosehip Room’s launch was celebrated with a party Feb. 24.
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With the paint still drying on its latest development along Lorain Avenue in Cleveland’s Ohio City neighborhood, real estate developer My Place Group is already planning its next investments which would extend that thoroughfare’s rebirth westward. Conceptual plans are being shopped around and among community stakeholders to get their input on two new developments that would add a total of 201 apartments plus additional ground-level retail spaces to the section of Lorain between West 44th and West 52nd streets.
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Groundbreaking is due in mid-March for The Apartments At Bolivar in downtown Cleveland. A former factory on East 45th Street in Asiatown is being renovated into the Belden Building artist studios. And the Pizza Hut at Detroit Avenue and West 117th Street will be demolished for an Urgent Care Center.
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At the start of 2024, the city of Cleveland’s new tax abatement policy will go into effect. While the policy will remain basically unchanged for much of the city, it will become less supportive of developments in neighborhoods where construction has been most active — University Circle, Ohio City, Tremont and parts of downtown. So, in those areas, developers are trying to expedite the delivery of projects before the 15-year property tax abatement on new developments declines from 100 percent to 85 percent. But there’s something standing in the way of that acceleration: a lack of city staff to get projects approved in time.
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Opportune Development LLC, an affiliate of ARPI LLC, is seeking to build a three-building project called Hub 27 one block west of West 27th Street and south of the railroad tracks in Cleveland’s Clark-Fulton neighborhood. While there has been much development activity on the east or Tremont side of West 25th south of the tracks, this is the first major development to push south of Ohio City into the Clark-Fulton side of West 25th.
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Things are starting to come together for new construction on one of Ohio City’s largest development sites. A new developer is at the ready. A project architect was selected and a firm that typically provides construction general contracting has been added to guide the development’s design. The developer even has a name of the development and some basic, preliminary design concepts regarding scale. But what isn’t yet known for certain is the programming for the project and if it will include a ground-floor commercial use, like a restaurant.
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