Greater Cleveland

NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area

Edgewater view of Downtown Cleveland

Cleveland: growing faster than the national average, and shrinking

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Sometimes living in Cleveland is a walk in the park. And Census data shows more adults are choosing to live here as its economy is producing more output per capita than the average among 106 of America’s largest cities studied in a recent analysis. And Clevelanders’ wealth grew by $2.1 billion between 2017 and 2019 but dipped during the pandemic

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Ohio-City-aerial-41-West

Seeds & Sprouts XIX — Cleveland apartment demand soars, downtown expansions & more

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This is the Nineteenth 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.

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Seeds & Sprouts XIX — Cleveland apartment demand soars, downtown expansions & more Read More »

Mayfield Station Apartments next to Little Italy-University Circle Red Line

Circle Square, Ohio City, Van Aken District, Woodhill Station show what’s possible

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Putting more residents, jobs and services next to existing rapid transit boosts Greater Cleveland’s quality of life. More real estate developers are recognizing the value to them from investing next to transit, as well as the growing number of public incentives to make those investments. In 2019, Mayfield Station Apartments was rising next to the new Little Italy-University Circle Red Line rail station. More developments like this are happening at more stations in Greater Cleveland

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Circle Square, Ohio City, Van Aken District, Woodhill Station show what’s possible Read More »