NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
UPDATED FEB. 13, 2021
Plans for the Bridgeworks development in Ohio’s City Hingetown neighborhood have been dramatically changed. Gone is the plan to build a seven-story hotel next to the residential portion of what was to be an 11-story building.
Read MoreBridgeworks seeks to add more height Read More »
Lots of pieces are coming into place that could greatly impact downtown Cleveland’s lakefront in a very positive way. There are many challenges to be sure, but it seems that the planets are aligning for good things to happen.
These good things center on three basic ingredients — trains/transit, shipping and development.
Read MoreCleveland’s lakefront may get boost from new stadium, trains, ships Read More »
For more than a year, there have been rumors of a major research and development initiative aimed at University Circle and downtown Cleveland and the health care and educational institutions located there.
But the full breadth and scale of the initiative wasn’t publicly revealed until today, culminating in the announcement by Gov. Mike DeWine and others regarding a Cleveland Innovation District fostering up to 20,000 jobs over the next 15 years. The state, led by JobsOhio, and the Cleveland Clinic Foundation (CCF) will put up $565 million to get the district off the ground in a big way.
Read MoreLooking into the Cleveland Innovation District’s past, future Read More »
This is the Fifteenth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.
Read MoreSeeds & Sprouts XV – City Club tower groundbreaking & more Read More »
One of the most impactful actions to boost downtown Cleveland in the New Year and beyond was made in recent weeks and months 125 miles to the south in our state capital. It culminated with Gov. Mike DeWine signing a piece of legislation last week. In a state legislature that has gained a reputation for harming Ohio’s largest urban centers, it actually helped them this time.
Read MoreCounting Cranes – predicting TMUD’s impact on Cleveland Read More »
It’s been a banner couple of years for Saucy Brew Works and their founders, Brewmaster Eric Anderson and entrepreneur Brent Zimmerman. And the long-time craft beer fanatics are teaming up for their biggest expansion yet.
Read MoreSaucy Brew Works adding new brewpub, triple production Read More »
In a recent letter, a downtown Cleveland community development corporation (CDC) urged the Greater Cleveland Regional Transit Authority (GCRTA) to revisit its 2000 Waterfront Line Phase II study that found extending the light-rail line as a Downtown Loop to be feasible.
Read MoreCampus District asks GCRTA for Downtown Loop study Read More »
In the coming decade, the state bird of Ohio may well be the construction crane.
That’s especially true in Ohio’s six largest metropolitan areas where more than two-thirds of Ohioans live. That’s because Ohio cities of more than 100,000 population, and places within 10 miles of them, will be the sites of megaprojects receiving anywhere from $240 million to $320 million in Transformational Mixed Use Development (TMUD) tax credits in the next few years.
Read MoreMegaproject tax credit signed into law Read More »
This is the Fourteenth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome. Construction on Church+State had pushedboth of its buildings high
Read MoreSeeds & Sprouts XIV – Early intel on real estate projects Read More »
On most days, Jeff Epstein is a very busy man. Not only is he executive director of the community development corporation MidTown Cleveland Inc., he also heads up the Health-Tech Corridor.
The Health-Tech Corridor is a decade-old collaboration between MidTown Cleveland, BioEnterprise, The Cleveland Foundation and the City of Cleveland. It works to attract and grow health technology businesses to the corridor linking Downtown and University Circle.
Read MoreHealth-Tech Corridor to see a busier 2021 Read More »
