NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
Downtown Cleveland, Inc. today announced Cleveland City Council’s approval of the reauthorization of the Downtown Cleveland Improvement District, raising about $43.5 million in dedicated funding through 2032.
Read MoreDowntown property owners renew special improvement district Read More »
The Port of Cleveland announced today that it has nominated Jeff Epstein to serve as its next president and chief executive officer, pending formal board approval. Epstein brings more than two decades of experience at the intersection of economic development, public-private partnerships, and transformative urban investment.
Read MorePort of Cleveland names new CEO Read More »
A soccer stadium development company that responded to Cleveland State University’s (CSU) offer to repurpose its Wolstein Center site is doing so without coordinating with a non-profit group that has been seeking to develop a soccer stadium at the Gateway South area.
Read MoreGateway South soccer stadium ‘full steam ahead’ Read More »
When hearing a government official prattle on about his vision for his jurisdiction, a wag once said “Don’t tell me what you support; show me your budget.” Similarly, for several years, Cuyahoga County officials have talked and planned about Transit Oriented Development (TOD). But now they’re putting their money where their mouths are.
Read MoreCounty offers loans to build near transit Read More »
After more than one year of reconstruction work and an unexpected cost increase, the Greater Cleveland Regional Transit Authority’s (GCRTA) West 117th-Madison Red Line station is due to reopen to rail passengers at the start of transit service on Friday. GCRTA announced the reopening today.
Read MoreW. 117th GCRTA station reopens Friday Read More »
Greater Cleveland’s workforce and number of employed people have grown to the highest levels since the start of the Great Recession (2009-11), according to preliminary employment data for the region that was released this week.
Read MoreGreater Cleveland recovers from Great Recession Read More »
Renovation work is underway for a successor restaurant to the long-running Tick Tock Tavern in Cleveland’s Edgewater neighborhood. And public records reveal the new restaurant concept that will be taking the historic spot onto its next journey.
Read MoreEx-Tick Tock Tavern space takes new journey Read More »
JLL Capital Markets announced today that it has secured the sale of Ridge Park Square, a rare dual-grocery anchored regional shopping center located northwest of the Interstate 480-Ridge Road interchange in the western Cleveland suburb of Brooklyn.
Read MoreRidge Park Square sold to Atlanta investor Read More »
Cleveland Clinic marked a major milestone late yesterday in the construction of two research buildings in the Cleveland Innovation District. A ceremonial beam-lifting event celebrated the placement of the two final steel beams in the skyway bridge that will span East 100th Street, connecting the new facilities.
Read MoreCleveland Clinic’s new medical research buildings reach construction milestone Read More »
Construction is getting underway for the $6.8 million renovation of the HOPE Campus, 11401 Lorain Ave., in Cleveland’s Westown neighborhood. If the name of the campus doesn’t sound familiar, it’s because the renovation is part of a transition of the property from its century-long service as the Cleveland Christian Home (CCH).
Read MoreCleveland Christian Home to see major renovation into HOPE Campus Read More »
