NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
The Cleveland-Cuyahoga County Port Authority’s board of directors today approved $170 million in bond financing to fuel a series of high-impact projects, including a large redevelopment of land that contained a former Veterans Administration facility, a major manufacturing expansion, and refinancing bonds for a nonprofit school that will free up more resources for more renovations.
Read MorePort OKs $170M financing for major projects Read More »
NEOtrans has learned that one of Ohio’s oldest craft brewers is not only seeking to remain in Cleveland but is dusting off old plans to move its production facilities to Scranton Peninsula in Cleveland’s Flats. Sources familiar with the Great Lakes Brewing Company’s (GLBC) plans said that if public funding can be found to clean and prepare the vacated industrial site for redevelopment, it will likely relocate there.
Read MoreGreat Lakes Brewing revisits Scranton Peninsula move Read More »
A planned affordable senior housing development at 3517 Walton Ave. in Cleveland’s Clark-Fulton neighborhood won universal praise Friday from the City Planning Commission. In fact, the commission considered it a potential game-changer for the neighborhood and especially Clark Avenue which, in this growing La Villa Hispana community, is lined with car-centric land use patterns, making it pedestrian-unfriendly.
Read MoreWalton Apts seeks to restore Clark’s walkability Read More »
A unique townhouse development, one of the first that would be built directly facing the Towpath Trail, was on a fast path toward design approval and a zoning change. But City Planning Commission members decided that that path was a little too fast for it and urged that the developer and its architect go back and get more input from the neighborhood first.
Read MoreTremont townhouses on Towpath put on slow path Read More »
Cleveland’s growing demand for affordable health care and having one of the worst infant mortality rates in the country is behind a new clinic planned for Cleveland’s Clark-Fulton neighborhood. Cleveland-based Neighborhood Family Practice (NFP) is proposing to open a community health center in the newly refurbished Northern Ohio Blanket Mills at 3466 St. Rocco Ct.., just off Fulton Road.
Read MoreNew family clinic coming to Clark-Fulton Read More »
Cleveland city officials followed through on a promise they made in early July when they announced they would be making the city-owned McCafferty Health Center property, 4242 Lorain Ave., available for redevelopment. Today, they issued a formal invitation to professional real estate development teams to respond to a Request for Qualifications (RFQ) to redevelop the site and address the need for affordable housing in the Ohio City neighborhood.
Read MoreCleveland offers up prime Ohio City property Read More »
Developers looking to transform their Ohio communities can now apply for funding opportunities through the Ohio Department of Development’s Transformational Mixed-Use Development (TMUD) program that awards up to $100 million in tax credits per round.
Read MoreLast round of megaproject tax credits opens Read More »
Renovation work for The Arch at St. Michael is a day old. The funding program to pay for the renovations is 50 years old. And the Gothic Revival beauty located in Cleveland’s South Tremont neighborhood that will gain new life from the work is 118 years old. Combined, the milestones involved a lot of celebrating.
Read MoreThe Arch at St. Michael gets underway Read More »
After nearly eight years on the market, a small parcel at 2208-2210 Superior Viaduct at the west edge of Cleveland’s Flats District has sold to a growing stakeholder in the neighborhood. Addiction treatment center Stella Maris Inc. acquired the property and proposes to renovate an existing building on the site to expand the scope of its services. The site was twice proposed for a residential tower but neither advanced past the conceptual stage.
Read MoreStella Maris buys Flats site to expand Read More »
On most other plots of land, adding 17 homes to it would be noticeable from the street. But if a proposed expansion of the Market District Lofts in Cleveland’s Ohio City neighborhood happens, it might be the most below-the-radar residential development in the urban core since The Residences at The Guardian condominiums opened downtown. And the same developer is involved in both.
Read MoreMarket District Lofts in Ohio City to expand Read More »
