NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
While Oliva Steakhouse is due to open by the end of the year in downtown’s Warehouse District, and Starting Point child development agency is opening at Link59 in Midtown, old Lido Lounge in Westown is due to be replaced by a Bank of America branch.
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At a press conference this week, Cleveland Browns owners Jimmy and Dee Haslam raised some eyebrows with their comments about the current stadium and where the football team might play in the future. Among other remarks, Jimmy Haslam interjected that “The only thing Dee and I would say for sure is we’re not leaving Northeast Ohio.” According to a team source familiar with its negotiations with the city of Cleveland, that remark was a subtle nudge to the city to resolve an apparent impasse in negotiations. The source added that, if the team doesn’t see more progress, it could leave Cleveland for a new stadium in the suburbs.
Read MoreBrowns Stadium talks tackled for no gain Read More »
The city of Cleveland’s Board of Zoning Appeals’ docket regularly sees cases like this. On Monday, Sally Banks LLC will ask the board to allow it add a 1,100-square-foot addition to its popular Treehouse pub, 820 College Ave. in Tremont, without adding off-street parking spaces. It’s the second time the pub is expanding and it’s the second time it has had to go through the process of getting a variance to ignore the city’s zoning laws. Those zoning laws say the pub has to add an off-street parking space for every 100 square feet of new business space. The average cost per parking space to build a surface parking lot is $5,000, city data shows.
Read MoreCity considers re-legalizing the city again Read More »
The desire for new-build projects in downtown Cleveland led to the creation of the state’s Transformational Mixed Use Development (TMUD) tax credit program nearly three years ago. But in the first two years of the four-year TMUD program, no developers of new-construction downtown projects have submitted applications. As the third round of TMUD will start next week, will a new-build project downtown finally be an applicant — or perhaps even a winner — despite of tightening labor and credit markets plus rising interest rates?
Read MoreTMUD round 3 starts next week Read More »
A $12 million project to redevelop a vacant warehouse as the cultural and business center of Cleveland’s Latino community got underway today after many years of planning and fundraising led by the Northeast Ohio Hispanic Center for Economic Development (NEOHCED). Their unceasing efforts were rewarded with a groundbreaking ceremony at the former H.J. Weber warehouse, 3140 W. 25th St., that is due to reopen as CentroVilla25 in Fall 2024.
Read MoreCentroVilla25 project starts Read More »
Today the Cleveland port authority’s board of directors approved the hiring of an Ohio construction company for nearly $60 million to stabilize and rehabilitate the Irishtown Bend hillside, a project that is being done foremost to maintain the Cuyahoga River shipping channel. But the work also must be done before any construction can start on the 23-acre Irishtown Bend Park in Cleveland’s Ohio City neighborhood.
Read MorePort Board OK’s $60M Irishtown Bend stabilization Read More »
After more than a year of debate, the design-review committee of City Planning Commission gave its final approval of a proposed apartment complex at 1321-1357 W. 73rd St. in Cleveland’s Gordon Square neighborhood. The unanimous vote sets the stage for the developer Joel Zagelbaum of Brooklyn, NY to apply for building permits to start construction.
Read MoreWest 73rd Apartments OK’d Read More »
The sites of three fast-food restaurants in a short stretch of the Cleveland side of West 117th Street are about to get a new look. But only one of them isn’t going to be slinging its quick, cheap chow anymore. The other two will continue to offer fast food and to make it easy, if not easier to grab the grub and go without having to get out of your car. And all three sites will continue the practice of building single-use structures along a busy thoroughfare whose car-dependent land-use patterns have more in common with outer suburbia than being in the midst of one of Greater Cleveland’s most densely populated areas.
Read MoreWest 117th’s fast-food makeover Read More »
An ambitious plan to redevelop the mostly vacated Park Synagogue, 3300 Mayfield Rd., and its 28 acres of land in Cleveland Heights was the big winner in today’s awarding of $50.56 million in Ohio Historic Preservation Tax Credits to 38 projects statewide. But Northeast Ohio overall did pretty in this latest round of historic tax credit awards, winning more than $26 million for 11 projects.
Read MoreNE Ohio wins $26M in historic tax credits Read More »
A new company comprised of local real estate veterans intends to break ground next week on its first new home to address a shortage of quality, affordable workforce housing and to continue neighborhood stabilization efforts. But construction of that home, a modular, manufactured structure, is due to be completed in less than one month. The company that will build this infill housing on vacant lots is called Rebuild Cleveland LLC and the neighborhood where they will start assembling them is the southern part of Cleveland’s Detroit Shoreway.
Read MoreRebuild Cleveland to assemble new homes Read More »
