NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
If you are heading south from Cleveland Hopkins International Airport on State Route 237, you might be able to catch a brief glimpse of where a nearly $3 billion modernization program for the airport’s terminal is about to begin. But most people probably won’t even notice the building or when the work starts on upgrading its interior.
Read MoreHopkins Airport’s first terminal project takes off Read More »
The rumor mill is always churning around Sherwin-Williams’ plans for handling its growing number of employees at its soon-to-open new headquarters in Downtown Cleveland, its new research center in suburban Brecksville and at its other other facilities. But that rumor mill has quieted down in recent months, until now.
Read MoreSherwin-Williams execs to wait and see on HQ2 Read More »
Last evening, a new Cleveland Housing Investment Fund (CHIF) was launched when Cleveland City Council passed legislation that requires the city to provide financing to the new fund. The city’s $18 million commitment leverages $20 million pledged by Cleveland-based KeyBank to boost the development of mixed-income rental housing and home ownership opportunities.
Read MoreCleveland launches affordable housing fund Read More »
Ricardo León gained something by losing something. He lost the prefix “Interim” prior to his title of “President” of the Cuyahoga Land Bank, a private, nonprofit government entity whose mission it is to acquire properties, return them to productive use, reduce blight and increase property values in Cuyahoga County.
Read MoreLeón to lead Cuyahoga Land Bank Read More »
After four years of going through multiple design iterations, it somehow seems natural that Bridgeworks finally got the OK today from the city to start construction — but only up to the second floor. To build above that, the project’s development team is going to have to come back to the city for design approval of the building’s top five floors. The team pledged it would do so — quickly.
Read MoreBridgeworks can finally build – up to two stories Read More »
With each new donation and grant, sponsors of the planned $45 million Irishtown Bend Park in Cleveland’s Ohio City neighborhood move closer to their fundraising goal. And today, they moved a lot closer with $10.8 million awarded by the National Park Service’s Outdoor Recreation Legacy Partnership (ORLP) Program.
Read MoreIrishtown Bend Park gets $10.8M federal grant Read More »
It’s been said before — many times; many ways. No, not “Merry Christmas.” But “We hope this is the final design for Bridgeworks.” And the Bridgeworks development team hopes to start site preparations by the end of next month with construction to follow — perhaps by the time chestnuts are roasting on an open fire at Christmas, by the way.
Read MoreBridgeworks – one more review ’til they’re through? Read More »
A revised plan is moving forward to fill in more of the development gap along West 25th Street between Cleveland’s booming Ohio City neighborhood to the north and the growing La Villa Hispana community to the south. In between is where the latest development, Hub 27, is poised to rise and join other existing, underway and planned developments at the north end of the Clark-Fulton neighborhood.
Read MoreTwo apartment buildings in Hub 27’s first phase Read More »
Two reports laying out the steps for potentially closing Burke Lakefront Airport in Downtown Cleveland were released today by Cleveland Mayor Justin Bibb’s Administration. While Bibb said the reports show there are more benefits to closing Burke than costs, he and other city officials caution that no decision has been made to close the airport, so no steps have been started in that direction yet.
Read MoreBurke Airport closure studies released by city Read More »
The Cleveland-Cuyahoga County Port Authority’s board of directors today approved $170 million in bond financing to fuel a series of high-impact projects, including a large redevelopment of land that contained a former Veterans Administration facility, a major manufacturing expansion, and refinancing bonds for a nonprofit school that will free up more resources for more renovations.
Read MorePort OKs $170M financing for major projects Read More »
