NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
Legislation that would aid Ohio real estate megaprojects and create thousands of jobs could advance in the Ohio House of Representatives next month, according to a spokesman for State Rep. Paul Zeltwanger, chair of the House’s Workforce & Economic Development Committee.
Read MoreOhio real estate megaproject tax credit may advance in February Read More »
When John Knopfler and his spouse moved into their Tremont house where a large family had just moved out, each did what many are doing in Cleveland these days. They’re participating in the city’s Fifth Migration, bringing with it socio-economic changes unlike any experienced from the previous four migrations in the past 223 years.
Read MoreCleveland ended the decade with a boom, and it’s showing Read More »
Like a traffic cop directing traffic at a downtown intersection, two interest groups have reportedly given Mayor Frank Jackson’s administration the stop hand and a whistle for going the wrong way with its proposed new Cleveland Police Department (CPD) headquarters (HQ).
Read MoreCity gets pushback on police HQ in Opportunity Corridor Read More »
A proposed Transformational Mixed-Use Development (TMUD) tax credit pending before the state legislature was substantially amended today during a hearing of the Ohio House of Representatives’ Workforce & Economic Development Committee.
Read MoreTransformational real estate development tax credit bill sees big changes Read More »
These news tidbits are too small for Seeds & Sprouts but are nonetheless important. They include the last two weeks of items that appeared in public records such as building permits, planning commission filings, real estate listings and similar but brief references showing definitive movement in Cleveland-area real estate.
Read MoreSon of Seeds & Sprouts – Part I Read More »
A California-based real estate investor has purchased the Chicle Apartments and Chicle Townhomes from a local firm that renovated the former Chiclets gum factory and built the townhomes on Cleveland’s west side nearly 15 years ago.
Read MoreChiclets gum factory apartments, townhouses get new owner Read More »
This is the fourth 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 IV – Early intel on real estate projects Read More »
With the goal of opening its doors to customers in the spring of 2022, the Outlet Shoppes of Cleveland is the subject of local and national leasing activities now underway. The project, originally proposed several years ago, is back and is being pursued aggressively by its national developer.
Read MoreThe Outlet Shoppes of Cleveland is back in stock again Read More »
The 1970s weren’t kind to America’s older cities. The white middle class fled from them, taking their homes and jobs to the suburbs. Left behind were low-income minorities, shuttered factories and stores, hopelessness, drugs and crime.
Cleveland suffered greatly, losing more residents in the 1970s than any other decade. But Cleveland was far from alone.
Read MoreCleveland remembers, jump-starts the Forgotten Triangle Read More »
Starting in 2021, as many as 700 workers and hundreds of visitors will come each day to a newly built Cleveland Police Department (CPD) headquarters. Near to where the new $350 million Opportunity Corridor boulevard will soon be intersecting East 75th Street.
Read MoreNew CPD HQ to rise on Opportunity Corridor; is new county jail far behind? Read More »
