NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
For the first time in years, the Cleveland Clinic Foundation is laying off 114 employees throughout the global health care system. But the number of pending layoffs in the context of the scale of the system is comparatively small and hiring in other departments continues, Clinic officials said today.
Read MoreCleveland Clinic to lay off 114 employees Read More »
In a groundbreaking move for the commercial space sector, Blue Abyss has signed a Space Act Agreement with NASA’s Glenn Research Center. This collaboration aims to accelerate advancements in commercial space training, research, and infrastructure development, further positioning Blue Abyss as a key player in the global space industry.
Read MoreBlue Abyss inks deal with NASA Glenn Read More »
Although a variety of four-letter words have frequently been used to describe the office market since the pandemic, there’s a new one being uttered lately — “hope.” That word made its appearance in the latest Cleveland office market report by Newmark, one of the industry’s most respected collectors and analysts of real estate inventory market data.
Read More2025’s return to the office? It started in 2024 Read More »
Unfortunately, there are many places in Cleveland where crossing a wide, busy street is like being the frog in the video game Frogger. But having that be the case at the front door to a rapid transit station reduces the usage of that station. And it reduces the potential for that station to spur the development of housing, jobs and services within a short walk.
Read MoreTaking steps toward a more walkable Cudell Read More »
Affordable housing developer Pennrose, LLC. is looking to build on the success of its other Cleveland-area projects with its next venture, this time on the city’s west side. The national developer is partnering with Ohio City Incorporated (OCI) to construct a 72-unit apartment building geared towards seniors and charging rents between 30 percent and 70 percent of the area’s median income.
Read MoreMcCafferty Center site to be senior housing Read More »
An historic building on Detroit Avenue in Cleveland’s Ohio City neighborhood was there when commuters on the adjacent West Shoreway went home on Friday evening for the weekend. When they went past the site this morning during their return to work, the building was gone.
Read MoreOhio City building doesn’t survive the weekend Read More »
The Variety Theatre, 11816 Lorain Ave. in Cleveland’s Westown neighborhood, has had multiple owners and uses in its 98-year history. It’s about to have a new one as its owner has put the property up for sale this week.
Read MoreCleveland’s Variety Theatre is for sale Read More »
Redevelopment of a vacant factory complex in Cleveland’s Ohio City neighborhood into a mixed-use property is on an “aggressive” timeline to get underway. But the Landmarks Commission said it needed more design details about new windows and exterior doors before it could sign off on the entirety of The Carriage Co. project.
Read MoreCarriage Co. rebirth gets partial OK, start date Read More »
In two weeks, the board of the Greater Cleveland Regional Transit Authority (GCRTA) is expected to approve the sale of land for a planned apartment building just west of the West Boulevard rapid transit station in Cleveland’s Edgewater-Cudell neighborhood. But that development is renewing interest in a neighborhood plan for redesigning streets next to the station to make the area a more comfortable place to walk and could avail more development sites.
Read MoreDepot on Detroit arriving, traffic calming next? Read More »
For better or worse, for richer or poorer, many of us are about to rediscover our relationship with the office. Some of us never left. Others left and aren’t coming back. But an increasing number of Americans and Greater Clevelanders will be coming back to the office in 2025, for the first time since the COVID-19 pandemic caused employers to dabble with remote or hybrid working.
Read More2025 is the year Cleveland returns to the office Read More »
