NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
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 »
A successful business finds an unmet need in a market and fills it. According to Places Development founder and Managing Principal Dan Whalen, the lack of a hotel west of Downtown Cleveland to near Hopkins International Airport is just such a gap in the market. To fill that void, he is submitting plans for a new, eight-story boutique hotel at 1960 W. 26th St. in the Ohio City neighborhood.
Read MoreOhio City hotel development revealed Read More »
At an emergency meeting held yesterday, Cuyahoga Land Bank’s board of directors appointed Ricardo León as interim president of the organization after the sudden passing of its longtime leader and founder Gus Frangos last weekend.
Read MoreCuyahoga Land Bank appoints León interim prez Read More »
One day after the Cuyahoga Land Bank won its largest score of Ohio Brownfield Program grants to repurpose blighted, long-fallow properties, land bank President and General Counsel Gus Frangos suddenly passed away.
Read MoreLand Bank President Frangos dies unexpectedly Read More »
The Cuyahoga County Land Reutilization Corp., known simply as the Cuyahoga Land Bank, has secured multiple funding awards from the Ohio Department of Development’s Brownfield Remediation Program for demolishing more than 1,100 structures, mostly blighted single-family homes in Cleveland and East Cleveland. But there are also multiple funding awards for cleaning up polluted industrial sites so they can be redeveloped for new housing and jobs.
Read MoreCuyahoga County cleans up with brownfield bucks Read More »
