NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
Long Cleveland’s most stable neighborhood, West Park has been getting a little gray in the 20th century. While several other Cleveland neighborhoods are seeing new housing and businesses get built, that investment has largely eluded West Park. Until now.
Read MoreWest Park developments see progress Read More »
Legacy RHM Capital, a fully integrated real estate investment platform focused on acquiring, operating and enhancing institutional-quality multifamily properties, announced its formation through the strategic merger of Legacy Capital Partners and RHM Capital Group.
Read MoreNotable real estate investment firms merge Read More »
The Port of Cleveland announced today that it has nominated Jeff Epstein to serve as its next president and chief executive officer, pending formal board approval. Epstein brings more than two decades of experience at the intersection of economic development, public-private partnerships, and transformative urban investment.
Read MorePort of Cleveland names new CEO Read More »
When hearing a government official prattle on about his vision for his jurisdiction, a wag once said “Don’t tell me what you support; show me your budget.” Similarly, for several years, Cuyahoga County officials have talked and planned about Transit Oriented Development (TOD). But now they’re putting their money where their mouths are.
Read MoreCounty offers loans to build near transit Read More »
After more than one year of reconstruction work and an unexpected cost increase, the Greater Cleveland Regional Transit Authority’s (GCRTA) West 117th-Madison Red Line station is due to reopen to rail passengers at the start of transit service on Friday. GCRTA announced the reopening today.
Read MoreW. 117th GCRTA station reopens Friday Read More »
Greater Cleveland’s workforce and number of employed people have grown to the highest levels since the start of the Great Recession (2009-11), according to preliminary employment data for the region that was released this week.
Read MoreGreater Cleveland recovers from Great Recession Read More »
Renovation work is underway for a successor restaurant to the long-running Tick Tock Tavern in Cleveland’s Edgewater neighborhood. And public records reveal the new restaurant concept that will be taking the historic spot onto its next journey.
Read MoreEx-Tick Tock Tavern space takes new journey Read More »
JLL Capital Markets announced today that it has secured the sale of Ridge Park Square, a rare dual-grocery anchored regional shopping center located northwest of the Interstate 480-Ridge Road interchange in the western Cleveland suburb of Brooklyn.
Read MoreRidge Park Square sold to Atlanta investor Read More »
Construction is getting underway for the $6.8 million renovation of the HOPE Campus, 11401 Lorain Ave., in Cleveland’s Westown neighborhood. If the name of the campus doesn’t sound familiar, it’s because the renovation is part of a transition of the property from its century-long service as the Cleveland Christian Home (CCH).
Read MoreCleveland Christian Home to see major renovation into HOPE Campus Read More »
A law firm representing the Haslam Sports Group was notified by the state’s aviation administrator that a permit application for building the new Huntington Bank Field in suburban Brook Park near Cleveland Hopkins International Airport was denied.
Read MoreNew Browns stadium denied ODOT-Aviation permit Read More »
