Cleveland West

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

Ohio City Transit Oriented Development arrives the next station

/

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 More

Ohio City Transit Oriented Development arrives the next station Read More »

Financing set, work starts at Ohio City’s Intro

/

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 More

Financing set, work starts at Ohio City’s Intro Read More »

Ohio City’s Church+State rising to be a Hingetown hub

3 Comments / /

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 More

Ohio City’s Church+State rising to be a Hingetown hub Read More »

Lakewood’s East End gets some refreshments

/

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.

Read More

Lakewood’s East End gets some refreshments Read More »

Sherwin-Williams HQ and CEO are finding new homes

4 Comments / /

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 More

Sherwin-Williams HQ and CEO are finding new homes Read More »

Market Square project to shrink by about one-third

1 Comment / /

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

Read More

Market Square project to shrink by about one-third Read More »

Scroll to Top