NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
Greater Cleveland’s office market in the first quarter of this year saw its second-lowest amount of leasing activity, as measured in square feet, in the last 16 years since the Great Recession. Only the fourth quarter of 2021, following the pandemic and the rise of remote working, saw less leasing activity locally since 2009.
Read MoreOffice leasing cools in first quarter of 2025 Read More »
There’s been lots of new housing units planned lately for the Barber-Vega-Queen (BVQ) District at the north end of Cleveland’s Clark-Fulton neighborhood. But none is as large as the project that just won approval from the city’s Near West Design Review Committee.
Read MoreJoy Court-Old Mill Street development gets first win Read More »
Two memos dropped today from two branches of state government, both urging caution when considering the Haslam Sports Group’s (HSG) economic impact projections from its proposed enclosed stadium and supportive development in suburban Brook Park. But HSG shot back, calling the reports “questionable” and “inaccurate.”
Read MoreHaslam chides state memos on Brook Park stadium Read More »
Amid all of the big development news happening around town, there’s lots of smaller commercial projects that can have a big impact on individual neighborhoods. And nearly all of these are new or expanded commercial offerings that are due to pop up on the landscape in the coming months.
Read MoreChick-fil-A opening first storefront in Cleveland Read More »
When the Cleveland Metroparks began seeking state funds in January to help clean up and possibly demolish a 19th-century flour mill in the Flats, there was a bit of a pushback. The Metroparks, which has done a lot of demolition along the Cuyahoga River to create public spaces, was urged by preservationists to take a different approach here.
Read MoreMetroparks seeks to redevelop riverfront lands Read More »
Cleveland Development Advisors (CDA) and Cleveland Public Market Corporation closed on a $28 million investment package on behalf of West Side Market’s transformation project. The package is the largest ever issued by CDA and will secure the remaining necessary funding for the West Side Market’s $53 million first stage of the project.
Read MoreWest Side Market wins $28 million investment Read More »
A new women’s professional soccer league is due to launch in 2026 and Cleveland was named as one of its 15 founding markets throughout the USA. Launch of WPSL Pro, the newest professional league in the U.S. soccer organizational pyramid, was formally announced today.
Read MoreCleveland is founding city in new pro soccer league Read More »
Different departments of the city of Cleveland are stretching a Lakewood-based real estate company, ALMiCO Group, with orders to stop and go on different aspects of its multi-phase development in the city’s Brooklyn Centre Historic District. Caught in this push-pull is a phase called Row on Garden, now planned as an 18-unit apartment building on Garden Ave.
Read MoreRow on Garden gets pushed and pulled by city Read More »
A plan to renovate an historic car dealership with retail uses, including a new Starbucks in Cleveland’s Ohio City neighborhood, was approved today by the city’s Landmarks Commission. But the question of whether a proposed drive-through should remain in the design was referred to the city’s Division of Traffic Engineering to decide.
Read MoreOhio City Starbucks OK’d by Landmarks panel Read More »
A high-profile businessman is near to acquiring a piece of property between Cleveland’s stable Edgewater neighborhood to the west and the fast-growing Gordon Square neighborhood to the east. But despite the number of new residential developments emerging nearby, this commercial site is apparently going to stay commercial.
Read MoreTony George buying Lake Avenue site Read More »
