NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
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 »
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
Market Square project to shrink by about one-third Read More »
Cleveland Vibrator Co., one of the most recognizable names in local manufacturing, will move its operations to the city’s Old Brooklyn neighborhood. In its place will be what amounts to the fourth phase of Snavely Group’s ever-growing Hingetown development.
Read MoreSnavely, investors acquiring Vibrator site for Hingetown project Read More »
Like a tree at risk of getting chopped down, a $175 million development in the heart of Cleveland’s Ohio City neighborhood was in danger of being felled. But instead of hearing the cry “Timber!” Clevelanders should soon see a new plan released for the construction of buildings here.
Read More$175 million Market Square development gets new life Read More »
With just 35 minutes to go before an Aug. 13 meeting of the Ohio Air Quality Development Authority’s (OAQDA) board of trustees, representatives of Harbor Bay Real Estate Advisors thought their request for $150 million in 30-year bonds and a property tax exemption would be approved.
Read MoreMarket Square tax abatement isn’t the issue; it’s about control Read More »
Proposed skyscrapers invariably overshadow smaller building projects when it comes to attracting media attention. But mid-rise new-construction projects far outnumber their loftier counterparts in Greater Cleveland. So here’s an inventory of planned mid-rise projects in the region.
Read MoreHere come Cleveland’s mid-rises! Read More »
