NEOtrans business, development, real estate, construction and market trend news from the West side of Cleveland
One week ago, Cleveland State University (CSU) notified its students that it was ending its U-Pass that provided fee travel on Greater Cleveland Regional Transit Authority (GCRTA) buses and trains. Today, GCRTA announced that conversations were occurring to continue to offer fare discount benefits to thousands of CSU students.
Read MoreCSU, GCRTA restart talks on U-Pass Read More »
In two weeks, the Greater Cleveland Regional Transit Authority (GCRTA) will likely authorize completion of its 60-car order of new trains to replace the oldest rail transit fleet in the nation. The Cuyahoga County-based transit agency is hurriedly trying to round up the last funding and complete the order before costs rise further.
Read MoreGCRTA to add more railcars to order Read More »
Cleveland State University (CSU) notified its students this morning by e-mail that it will immediately discontinue its participation in the Greater Cleveland Regional Transit Authority’s (GCRTA or RTA) U-Pass program. This program provided to CSU students vastly discounted monthly GCRTA passes which they could use for other transportation — to work, medical appointments, grocery shopping and more.
Read MoreCSU abruptly ends U-Pass deal with GCRTA Read More »
It’s not a good situation when the two major commercial segments of the market — office and industrial — are both seeing sluggish times in terms of leasing activity. In fact, both sectors in Greater Cleveland saw tenants give back more space to the market than they absorbed due to some large, high-profile departures.
Read MoreCleveland Office, industrial markets dip in 2nd quarter Read More »
While NEOtrans usually doesn’t cover development news in the collar counties around Cuyahoga County, the funded expansion of Lorain County Regional Airport could have a significant impact on the urban core of Greater Cleveland. Specifically, it could provide a runway for the Federal Aviation Administration (FAA) to allow the closure of Burke Lakefront Airport in Downtown Cleveland.
Read MoreLorain County Airport may help close Burke Read More »
After two years of outward silence, redevelopment of the former Westinghouse plant is showing new signs of life. Those signs are in the form of updated plans for the project which have become public. The vacant Westinghouse plant is located at 1200 W. 58th St. in Cleveland’s Detroit-Shoreway neighborhood.
Read MoreWestinghouse redevelopment is ‘Back on track’ Read More »
Eleven townhomes in various states of construction progress have been sitting idle since last fall and are becoming a worry to neighbors, based on social media posts and inquiries to NEOtrans. But based on court filings, further construction progress on the Equinox Townhomes, 1420 W. 48th St., in Cleveland’s Ohio City neighborhood may not happen for months.
Read MoreOhio City townhomes may be stalled into 2026 Read More »
When sifting through the many development incentives in the state’s newly passed two-year budget, it becomes clear that a lot of Cleveland urban core projects are going to be eligible for them and potentially benefit from them. But, as we saw from a state program to aid megaprojects, a program will only benefit a region if there are projects and their sponsors in that region who will apply for them.
Read MoreCleveland developments to benefit from HB96 Read More »
A long-vacant gas station and underutilized historic building at the southwest corner of Lorain Avenue and West 38th Street is proposed to become a near-west-side expansion for Noble Beast Brewing Co. But this wouldn’t be another brewpub in Cleveland’s Ohio City neighborhood. Instead, if realized, it would be the neighborhood’s first year-round beer garden.
Read MoreYear-round beer garden planned for Ohio City Read More »
The Port of Cleveland board of directors today approved bonds for five major development projects in four communities across the region — Berea, Cleveland, Lakewood and Richmond Heights. The total investment from the developments in these communities exceeds $405 million.
Read MorePort OKs financing for Berea, Cleveland, Lakewood, Richmond Hts developments Read More »
