NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
The latest in a series of properties at the northwest end of Cleveland’s Clark-Fulton neighborhood is in play for possible redevelopment. The former Platform Brewery, 3506 Vega Ave., hit the market today after the microbrewer ceased operations in February following its acquisition in 2019 by Anheuser-Busch.
Read MorePlatform Brewery property is on tap Read More »
The Greater Cleveland Regional Transit Authority (GCRTA) needed $16 million from the Federal Transit Administration (FTA) to rebuild eight of its stations in Shaker Heights along the light-rail Blue Line. Not only did GCRTA get the full $16 million, it got the money it needed on the first try. That’s a big win considering the FTA received nearly $1.1 billion in requests nationwide for the $343 million in stations funding available this year.
Read MoreAll GCRTA Blue Line stations in Shaker Heights to be rebuilt Read More »
Spring time is the busiest time of the year for home shopping. That’s when most prospective buyers are out looking for new places to live and, under normal circumstances, it’s when most homeowners list their properties for sale. But these are not normal times in the housing market, especially in Greater Cleveland.
Read MoreGreater Cleveland housing market among USA’s tightest Read More »
On Cuyahoga County real estate parcel maps, a narrow strip of land owned by FirstEnergy knifes into the heart of a Brook Park site the owner of the Cleveland Browns football team reportedly wants for a possible new domed stadium. Despite its prominence on the map, no one in Cleveland media apparently has asked its owner if it has any agreements with anyone for its potential sale — until now.
Read MoreWhy aren’t the Browns buying this key piece of land? Read More »
Cuyahoga County Executive Chris Ronayne announced a $250,000 grant from the Cleveland Foundation to support the creation of a Fresh Water Institute in Greater Cleveland. He made the announcement yesterday during the Climate Leadership Conference in Downtown Cleveland.
Read MoreCounty secures funding for Fresh Water Institute Read More »
An historic apartment building set near one of the west side’s most important intersections is proposed to get a major renovation by its new owner. The Denison Manor Apartments, 3206 W. 100th St. in Cleveland’s West Boulevard neighborhood, could get its interiors completely rebuilt to offer larger, more marketable, subsidized apartments. But work reportedly began without securing the proper permits and the city ordered the work halted.
Read MoreCleveland’s Denison Manor may get rehabbed Read More »
US Bank to step down its naming of tower With accounting and consulting firm Cohen & Co. growing its office staff in Downtown Cleveland and US Bank reducing its, there’s going to be a change at the top of the former Renaissance Center at Playhouse Square. Superior naming rights to the 1990-built, 16-story office building
Read MoreCohen to name its Downtown HQ tower Read More »
While only one proposed affordable housing development in Cuyahoga County was awarded the coveted 9 percent Low Income Housing Tax Credits (LIHTC) from the state, four others in the county got conditional approval, putting them in a good position to get financing in the near future. All five developments, if built, would add 247 total units of affordable housing in the county.
Read MoreCleveland-area affordable housing wins financing Read More »
The days may be numbered for the historic Lakewood Baptist Church, 14321 Detroit Ave., just east of Downtown Lakewood. A Cleveland-based developer has at least an option to purchase the property and has notified two tenants of the church-school complex of its pending redevelopment into senior apartments.
Read MoreLakewood church may be razed for senior apartments Read More »
When you’re in expansion mode, it’s a pretty good indication that you’re doing something right. Urban Community School’s (UCS) latest manifestation of it doing something right could soon appear at its growing campus in Cleveland’s Detroit-Shoreway neighborhood.
Read MoreUrban Community School plans new athletic facility Read More »
