NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
With a 13-2 vote tonight, Cleveland City Council authorized a proposed settlement agreement between Mayor Justin Bibb’s administration and the Haslam Sports Group (HSG), owners of the Cleveland Browns football team. The deal involved some last-minute negotiations as it wasn’t even on council’s agenda earlier today.
Read MoreCleveland Council OKs Browns settlement Read More »
In 2021, Detroit-based developer Bedrock announced its plans to develop a long-neglected portion of the Cuyahoga riverfront with 35 acres of mixed-use development and green space. Phase 1A of the development involves the construction of a practice facility for the Cleveland Cavaliers in partnership with the Cleveland Clinic—here’s a current look at the progress so far.
Read MoreCavs’ practice facility marks start of riverfront transformation Read More »
This snowy edition of Progress Pics highlights the multiple developments under construction around the eastern suburbs. In total, several hundred residential units are set to open next year in Cleveland Heights, University Heights, Shaker Heights and Richmond Heights alone.
Read MoreHeights developments reach new heights Read More »
Despite the snowy Thanksgiving holiday, Cleveland’s status as a climate refuge got a warm review thanks to new data from the National Oceanic and Atmospheric Administration (NOAA). In the last decade, only three U.S. cities’ climates warmed faster than Cleveland’s, according to the new data.
Read MoreCleveland among fastest warming cities in USA Read More »
One deadline has passed. Another is about to. And a third is coming up. But by the end of the year, Cleveland Mayor Justin Bibb’s administration hopes to have a much more coherent vision of Downtown Cleveland lakefront development whose private-sector investment could exceed $1 billion — with a capital B.
Read MoreHaslam-Cleveland lakefront deal delayed Read More »
Cleveland State University (CSU) today announced the renovation of two of its most historic buildings. Fenn Tower, one of the campus’s most recognizable landmarks, and Fenn Hall, home to many of CSU’s STEM-related teaching and research labs are the focus of more than $100 million of planned investment.
Read MoreCSU Fenn Tower, Hall renovations to start Read More »
For more than 75 years, there was a Chevrolet car dealership at the north end of East 185th Street, where the cities of Cleveland and Euclid meet. And for the last 17 years, there’s been stop-n-go efforts to revitalize those vacant lots with no success. But that could change with a new approach underway.
Read MoreE. 185th car dealership site reboot in works Read More »
With its lease running out at the end of next year, a major employer in Downtown Cleveland is searching for answers. The questions are — to stay put and aid in the rebirth of a decaying property? To relocate to another downtown building? Or to move to one of many vacant, modern office buildings in the suburbs?
Read MoreDowntown Cleveland may lose HQ Read More »
In May 2022, NEOtrans broke the news that Timothy L. Tramble, Sr., president and CEO of the St. Luke’s Foundation, planned to build 48 housing units on East 89th Street through his firm We Rise Development LLC. This development symbolizes a broader trend of renewed investment in Fairfax, from Innovation Square to the expansion of Cleveland Clinic.
Read MoreEast 89th rises amidst Fairfax’s renaissance Read More »
Due to higher operating costs, especially in healthcare for its employees, the Greater Cleveland Regional Transit Authority (GCRTA) plans to make significant cuts to bus and rail services in 2026, cutting a lifeline to jobs, education and medical services.
Read MoreCleveland RTA riders face big service cuts Read More »
