NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
It’s not the first time Morabito Companies has had its large swath of land in Cleveland’s Slavic Village be put on the market for development. But it is the first time they’re trying it as a FSBO, or for sale by owner — without listing it via a real estate brokerage.
Read MoreSlavic Village site quietly back on the market Read More »
Construction is well underway on the Rock and Roll Hall of Fame and Museum’s $150 million expansion at Downtown Cleveland’s North Coast Harbor. But after the new addition opens at the end of 2026, Rock Hall officials, in looking at their now-landlocked surroundings, are wondering where the museum might expand to in the future.
Read MoreRock Hall weighs options for expansion encore Read More »
Greater Cleveland led the nation in home price appreciation in March, but the metro area’s median prices are still far below the national benchmark. In fact, according to a new report, the Cleveland market has the lowest median sales price among the 40 largest US markets. But that might not be the case for much longer.
Read MoreCleveland leads nation in home price growth Read More »
It didn’t take long to land a new tenant for a highly visible restaurant location at Cleveland’s Flats East Bank. Just four months after Beerhead Bar and Eatery closed at 1156 W. 11th St., noted local restaurateurs Alex and Arturo Mendez Martinez have executed a lease for the ground-floor space at the corner of West 11th and Main Avenue.
Read MoreAgave Social restaurant to open in Flats Read More »
Greater Cleveland Regional Transit Authority (GCRTA) board members voted yesterday to hire a joint venture to rebuild Cleveland’s East 79th Street station on the Blue and Green light-rail lines. That follows last month’s board vote to hire another contractor to reconstruct the Warrensville-Van Aken Blue Line station in Shaker Heights.
Read MoreGCRTA gives green signal to rebuild two stations Read More »
Cleveland Development Advisors (CDA) and Cleveland Public Market Corporation closed on a $28 million investment package on behalf of West Side Market’s transformation project. The package is the largest ever issued by CDA and will secure the remaining necessary funding for the West Side Market’s $53 million first stage of the project.
Read MoreWest Side Market wins $28 million investment Read More »
A new women’s professional soccer league is due to launch in 2026 and Cleveland was named as one of its 15 founding markets throughout the USA. Launch of WPSL Pro, the newest professional league in the U.S. soccer organizational pyramid, was formally announced today.
Read MoreCleveland is founding city in new pro soccer league Read More »
Only a decade old, the Lakewood-based King’s Church has acquired its first permanent home by purchasing the former headquarters of the Roundstone Insurance Co. after it relocated to Rocky River last fall. But that former HQ is going back to its originally intended purpose.
Read MoreLakewood church to become church again Read More »
Different departments of the city of Cleveland are stretching a Lakewood-based real estate company, ALMiCO Group, with orders to stop and go on different aspects of its multi-phase development in the city’s Brooklyn Centre Historic District. Caught in this push-pull is a phase called Row on Garden, now planned as an 18-unit apartment building on Garden Ave.
Read MoreRow on Garden gets pushed and pulled by city Read More »
When a church has been around for a long time, its name can often change. But for the 97-year-old Church In The Circle, 1919 E. 107th St., its appearance-based nickname has not changed — the “Holy Oil Can.” Nor has its ownership — until now.
Read MoreUniversity Circle’s ‘Holy Oil Can’ is up for sale Read More »
