NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
Ten days ago, Mayor Justin Bibb announced a $1.6 billion plan to construct the Cleveland Hopkins International Airport’s Terminal Modernization Development Program (TDMP). Today, more details came to light about that plan, called CLEvolution, as the City Planning Commission unanimously approved the first two steps forward in that eight-year program.
Read MoreCleveland Airport project’s first two steps take off Read More »
A spokesman for the owner of the Cleveland Browns, the Haslam Sports Group (HSG), told NEOtrans that they have sent a letter today to Cuyahoga County Executive Chris Ronayne stating they will move forward without the county’s support, and saying they believe building an enclosed stadium in Brook Park is the only long-term stadium solution for the region.
Read MoreHaslams: stadium project to advance without county Read More »
An annual report by the Cuyahoga County Planning Commission released this week showed that Transit Oriented Development in the county reached an all-time high in 2024. But 92 percent of countywide TOD activity is occurring in the city of Cleveland. And only four of 26 communities along high-frequency transit routes and walksheds, called TOD corridors, had a TOD project in the past six years indicating a lack of suburban activity.
Read MoreCleveland-area TOD projects reach high in 2024 Read More »
New estimates from the U.S. Census Bureau show that, while population in Greater Cleveland edged up a bit for the second straight year, the metro area is still down overall for the decade so far. And the city of Cleveland saw its population shift at the same it enjoys strong increases in income tax revenues from young professionals and retired empty nesters replacing lower-income families.
Read MoreGreater Cleveland’s population edged upward Read More »
A proposed boutique hotel for Cleveland’s Ohio City neighborhood was significantly redesigned after conceptual plans were first presented to the city’s Landmarks Commission six months ago. Members of that same commission praised those changes and the additional design and material details that were presented today by the hotel’s development team.
Read MoreOhio City boutique hotel plan gets Landmarks nod Read More »
There’s good news and bad news when it comes to the Greater Cleveland Regional Transit Authority’s (GCRTA) new railcar program. And the good news is the result of trying to keep the bad news from getting worse.
Read MoreGCRTA seeks more railcars; program over budget Read More »
Mayor Justin Bibb and Port Control Director Bryant Francis unveiled plans and action steps this morning for a $1.6 billion first-phase, five-step program of improvements to Cleveland Hopkins International Airport in the next seven years, representing the start of more phases to come. The improvements come as Hopkins celebrates its 100th birthday.
Read MoreHopkins Airport remake about to take flight Read More »
Out goes the Hulett Hotel proposal. In comes a couple of redevelopment projects intended to reinvigorate the north end of West 25th Street in Cleveland’s Ohio City neighborhood, dubbed Hingetown. It is one of the last sections of West 25th in Ohio City whose historic buildings have yet to be renovated and redeveloped. All it took was a $110 million hillside-public park project across the street to help seal the deal.
Read MoreOhio City’s north end of W. 25th to get refresh Read More »
It’s a $34 million project nearly six years in the making. But after a pandemic, a sharp increase in construction costs, pursuits of additional financing and working out a complicated development partnership to build essentially two buildings in one, construction is finally in sight for the new Walz Branch Library topped by Karam Senior Living apartments.
Read MoreWalz Library-Karam Senior Living gets city OK Read More »
Greater Cleveland’s office market in the first quarter of this year saw its second-lowest amount of leasing activity, as measured in square feet, in the last 16 years since the Great Recession. Only the fourth quarter of 2021, following the pandemic and the rise of remote working, saw less leasing activity locally since 2009.
Read MoreOffice leasing cools in first quarter of 2025 Read More »
