Cleveland West

NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland

Another mid-sized Tremont apartment building

Seldom does a Cleveland development site offer such a remote, wooded lot and yet have so many urban amenities nearby. The features of that site, including it being next to a revived Clark Field, are why it is reportedly attracting a mid-size apartment building.

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Studio West 117 campus plan grows

What started out with two significant real estate purchases on either side of West 117th Street in Cleveland and Lakewood by a development partnership has since expanded to seven properties. And what was originally a $75 million vision for renovating the old Phantasy Theater complex called Studio West 117 has grown even further.

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Cleveland Vibrator site attracts new buyer

Ownership of the former Cleveland Vibrator site, one of the few under-developed yet large properties in the booming Hingetown section of Cleveland’s Ohio City neighborhood, is set to transfer to a new ownership group as early as next month.

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Tremont’s Fairfield facelift

More details are emerging about a proposed new apartment building at 1209 Fairfield Ave. in Tremont, to be called Driftwood. In addition to its inclusion of a ground-floor retail space and a larger lot, the development will be joined nearby by an expansion of the South Side Restaurant.

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The Pine to grow on Flats’ Columbus Rd Peninsula

Surrounded by the waters of the crooked Cuyahoga River, The Pine may grow on the Cleveland Flats’ Columbus Road Peninsula. The Pine, in this case, is a 45-unit mixed-use development that is nurtured by its proximity to not only the river, but by new parks and boardwalks intended to increase public access to water.

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Local megaprojects win, miss TMUD awards

Today, the five-member Ohio Tax Credit Authority board awarded $100 million in tax credits to Transformational Mixed Use Developments (TMUD) to 13 applicant projects throughout Ohio. Of the 42 projects statewide and nine from Greater Cleveland that were submitted for credits, four received a total of $53 million in funding.

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Flats apartment project wins BZA nod

A proposed renovation of two historic, decayed buildings in the Flats cleared another hurdle yesterday when Cleveland’s Board of Zoning Appeals (BZA) unanimously approved a variance from having to strictly adhere to parking requirements in the city’s building code.

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Cleveland APL sells Tremont land to Knez

The Cleveland Animal Protective League (APL) this week closed on a significant property transaction that sold several acres of previously undeveloped land in Cleveland’s fast-growing Tremont neighborhood. Buying the land was Knez Homes, one of Northeast Ohio’s largest housing developers.

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