NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
Although it’s still early on, plans are coming together for a major light-industrial and/or warehouse real estate development near Cleveland Hopkins International Airport. The roughly $75 million project is proposed to offer up to four new buildings totaling 700,000 square feet set on about 34 acres of city-owned land along Rocky River Drive.
Read MoreBiz park expansion sought near airport Read More »
The largest single structure built by the Cleveland Clinic isn’t a medical building like the new, 1-million-square-foot Neurological Institute on Carnegie Avenue. Instead, it’s the 1.56-million-square-foot parking garage immediately west of it. And there will be another garage of similar size added just west of that.
Read MoreCleveland Clinic plans two huge garages Read More »
In this edition of Seeds and Sprouts, business expansions are happening with the Public House in Kamms, National Foods Packaging in Cudell, and A to Z Furniture in Kirtland-Goodrich. Meanwhile a Downtown warming shelter for the homeless is coming and a Hopkins Airport cargo building is going away.
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As older Cleveland homes continue to age beyond repair, reactivating a vacant or abandoned property can feel like taking one step forward while the neighborhood takes two steps back. In Glenville, Hough, and Buckeye-Shaker, CHN Housing Partners is reversing that momentum — filling empty lots by the dozen.
Read MoreParkside Homes give East Side boost Read More »
Starting this spring, Amtrak will undertake two years worth of construction and improvements to its Cleveland station on downtown’s lakefront. Meanwhile, downtown’s Greyhound bus station closes today after 78 years, in favor of a modular depot in suburban Brook Park.
Read MoreAs Amtrak invests in Downtown Cleveland, Greyhound leaves it Read More »
J-Roc Development is one of those Cleveland real estate firms that, when they advance an idea into construction, it’s advisable to look around to see what they’re planning to build next. The reason? They aren’t content to sit and collect rent from their last project.
Read MoreBattery Park’s next big project Read More »
As project sponsor, the Port of Cleveland has officially completed the stabilization of the Irishtown Bend hillside, marking a historic milestone for public safety, economic resilience and environmental stewardship along the Cuyahoga River.
Read MoreIrishtown Bend hillside ready for next step Read More »
A state panel this week extended its offer to help finance construction of a new 129-room boutique hotel in Cleveland’s Ohio City neighborhood. While that doesn’t guarantee the hotel will move forward, the developer leading the project said construction can’t start without the state’s financing.
Read MoreOhio City hotel gets financing extension Read More »
While public records show Bedrock Real Estate is buying more Downtown Cleveland land along the Cuyahoga River, so far only rumors give any indications as to why. Interestingly, the targeted property is not included in Bedrock’s $3.5 billion Riverfront development masterplan. Then again, neither is the rumored land use.
Read MoreBedrock buys more riverfront land Read More »
The Cleveland–Cuyahoga County Port Authority was awarded $4.2 million for two major projects to advance them from planning into construction. The funding was awarded through the Ohio Maritime Assistance Program (MAP), a competitive Ohio Department of Transportation (ODOT) grant program supporting strategic maritime infrastructure investments across Ohio.
Read MorePort wins state funds for major projects Read More »
