Cleveland West

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

Market Square project to shrink by about one-third

Without state financing and a tax exemption for its project, the developer of a $175 million, mixed-used development has decided to scale back the project by about one-third – at least at the outset.
Harbor Bay Real Estate Advisors, LLC is hoping for the city to approve a conventional, 15-year, 100-percent tax abatement for the residential portion of its Market Square project. If that happens, a seven-story apartment building with ground-floor retail

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Hingetown, Cleveland’s hottest development hotbed

Hingetown, that little enclave within a neighborhood within a city seemingly couldn’t be growing any faster than already it is. No matter where you stand in Hingetown these days, you’re either standing next to a 21st-century real estate development, across the street from one or you can see one less than a block away. Increasingly, in Hingetown, you’re surrounded by projects.

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Ohio City manufacturer bucks housing trend

A stretch of Detroit Avenue in Cleveland’s Ohio City neighborhood, once known as Mariners’ Row for its many boat dealers and boating stores, is quickly becoming home to a number of mid-rise apartment buildings. From The Quarter, Federal Knitting Mills, Mariner’s Watch, Edge 32, to the latest and largest project yet — Church + State — more than a dozen blocks of Detroit Avenue next to the West Shoreway (now Edgewater Parkway) are lined with apartment buildings from four to 11 stories tall.

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Ohio City mixed-use project may feature downtown ad firm

An exciting development is in the works for the Hingetown section of Cleveland’s Ohio City neighborhood, according to multiple sources. Although still in a preliminary stage, the development’s concept at this point involves putting the offices for a fast-growing downtown company on the lower floors of a new building with apartments on the upper floors.

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