NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
Demolition work is scheduled to start today for the $140 million Intro phase of the Market Square development in Cleveland’s Ohio City neighborhood. But if you wanted to attend a groundbreaking ceremony for this mixed-use project, the coronavirus crisis has made that risky and unnecessary.
There’s still going to be a groundbreaking in the coming days,
Demolition, groundbreaking this week for big Ohio City project Read More »
UPDATED MARCH 29, 2020
Three sources confirm that e-commerce giant Amazon has agreed to occupy a large new warehouse on Cleveland’s West Side and ultimately build out the rest of the site with more distribution facilities. The sources spoke off the record because they weren’t authorized to speak publicly about the deal.
Read MoreAmazon to add hundreds of jobs on Cleveland’s West Side Read More »
A significant real estate development next to and possibly above the rail rapid transit line in Cleveland’s Ohio City neighborhood moved a step closer to reality today. That occurred when the Greater Cleveland Regional Transit Authority’s (GCRTA) Board of Trustees authorized staff to execute a development and use agreement with Carnegie Management and Development Corp. of Westlake.
Read MoreOhio City Transit Oriented Development arrives the next station Read More »
UPDATED MARCH 24, 2020
Overnight work began late Monday (March 23) on expanding utilities in the vicinity of a planned mixed-use development that will further enliven one of Cleveland’s most recognizable intersections.
The development is Harbor Bay Real Estate Advisors LLC’s Market Square and the intersection is Lorain Avenue at West 25th Street onto which the iconic tower of West Side Market casts its shadow. The first phase of Market Square is Intro — a nine-story building with 290 market-rate apartments over 36,000 square feet of retail and 550 underground parking spaces. Note that these renderings show only seven stories.
Read MoreFinancing set, work starts at Ohio City’s Intro Read More »
UPDATED MARCH 4, 2019
A development vision for the south-western part of Tremont called Lincoln Heights won unanimous support Monday from its immediate community. Now, that conceptual vision is headed to City Planning Commission on Friday for its possible adoption.
Read MoreTremont Lincoln Heights plan shows change is coming Read More »
After the first few minutes of talking with Graham Veysey, it’s apparent that he appreciates cities and their primary purpose of causing personal interaction. In his businesses and neighborhood initiatives focused on the Hingetown section of Ohio City, he has attempted to spur more and different ways for people to interact.
Read MoreOhio City’s Church+State rising to be a Hingetown hub Read More »
As first reported here at NEOtrans last month, a Columbus developer is pursuing its first Cleveland real estate project in the Battery Park section of the Detroit-Shoreway neighborhood. The site is south of Edgewater Park and north of Gordon Square along West 70th and 73rd streets.
Read MoreTwo more apartment buildings coming to Battery Park Read More »
If it seems like there’s been a lot of news lately about developments along West 25th Street between the Cleveland neighborhoods of Ohio City and Brooklyn Center, you’re right. And there’s more to come in that 2.5-mile-long corridor.
Read More25 on 25: twenty-five developments along/near West 25th Read More »
Several properties at Lakewood’s East End have changed hands recently, resulting in new investments that are due to turn underutilized structures into productive buildings once again.
The latest and largest transaction occurred Oct. 16 when Jim Miketo, owner of Forest City Shuffleboard in Ohio City, acquired a three-story, 101-year-old, mixed-use building at 12501 Madison Ave., county records show. It recently hosted the Madison Bi-Rite grocery store and Silhouette School of Dance.
Lakewood’s East End gets some refreshments Read More »
If you were the chief executive officer of a major corporation that is about to build a new global headquarters in a new location, would you build a brand-new mansion for your primary residence right now? And if you did, where would you build it?
Chances are, you’d probably build it in the same metro area where your new headquarters will be located.
Read MoreSherwin-Williams HQ and CEO are finding new homes Read More »
