NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
This is the Tenth 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. Conceptual plans for the new Walz Branch of the […]
Read MoreSeeds & Sprouts X – Early intel on real estate projects Read More »
Coastal cities have one thing in common — a tendency to build more high-rise buildings along their waterfronts. In real estate, where location is all-important, few things attract investment more than an accessible waterfront. That’s true for shorelines on oceans, Great Lakes and major rivers.
Read MoreCleveland is rising higher on the waterfront Read More »
UPDATED AUG. 24 WITH COMMENTS BY WAYNE JATSEK
For those watching the City Planning Commission’s virtual meeting yesterday, two examples of sudden growth were apparent. Both centered around a new apartment building project in the Edgewater Hill section of Cleveland’s Detroit-Shoreway neighborhood.
Read MoreEdgewater Hill project: signs of sudden growth Read More »
Six of Greater Cleveland’s swankiest establishments that share the same owner have not reopened from the Coronavirus shutdown. Several sources with direct knowledge of the businesses’ operations and finances said they doubted all of the establishments would reopen under their current ownership.
Read MoreLockKeepers, Marble Room, Il Venetian face uncertain futures Read More »
At first blush, it sounded like such a rosy story.
The headline in the June 8 Wall Street Journal read “Cleveland Is a House-Flipping Hot Spot, and Covid Adds Fuel.” Its central theme was that Greater Cleveland has become one of the most profitable places in the country to flip houses and own rentals. Investors have been redirecting their dollars from pricey coastal real estate markets and investing them in Cleveland. A happy story, right?
Read MoreA new housing crisis is hitting Cleveland, anonymously Read More »
While the steering committee is away, the consultants will play. But the consultants are getting ready to give a report on their findings about a new Justice Center. And what they have to say will bring into sharper focus the realistic sites for a new downtown courthouse as well as a new jail.
Read MoreCleveland’s next ‘whale’ may eat more land than first thought Read More »
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 IX – Early intel on real estate projects Read More »
All signals are green for construction of a moderately-sized apartment building across the street from the Buckeye-Woodhill light-rail transit station in Cleveland.
With financing in place, general contractor bids are due to be submitted to developer The Community Builders on Aug. 12, according to the Dodge Reports. Site preparation work could start in November but major construction activity is likely to get under way in the spring.
Woodhill Station transit-oriented development on track Read More »
Demolition crews hired by the Cleveland Clinic Foundation appeared this week along Chester Avenue between East 89th and 90th streets to begin tearing down three solid structures with a long history of charitable service in the city.
The structures — including two historic, converted houses — were part of the ORCA House’s rehabilitation center for adults suffering from addictions. The demolitions appeared to be a rush job, even though a Cleveland Clinic spokesperson said the large health care system has no plans for developing the property.
Read MoreClinic razing historic ORCA House with ‘no plans’ for the site Read More »
License plate watchers in Greater Cleveland are having fun this summer checking out all of the out-of-state plates on the metro area’s roads. And there’s lots of out-of-state plates to see — from New York, New Jersey, Illinois, California, plus other states, as well as the usual ones from neighboring Michigan and Pennsylvania.
Read MorePandemic, family, tech, cost draw new residents to Greater Cleveland Read More »
