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NEOtrans business, development, real estate, construction and market trend news from Ohio

Centennial still alive, among Ohio Brownfield winners

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Without any visible activity in nearly two years, rumors circulated throughout Cleveland’s development community that the roughly $500 million Centennial redevelopment, 925 Euclid Ave. in Downtown Cleveland was dead. Similar rumors circulated about the fate of the Rockefeller Building, 614 W. Superior Ave., and renovations to Rhodes Tower, 2124 Chester Ave., one of the projects in Cleveland State University quieted development master plan.

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Look to Milwaukee to rid lakefront of freight trains

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One month ago, the Wisconsin Department of Transportation (WisDOT) won a $72.8 million federal grant to reroute freight train traffic south of the Menomonee River and away from Downtown Milwaukee. The project has many similarities to a local concept for rerouting most freight traffic south of Downtown Cleveland, away from the lakefront.

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Downtown Riverfront entertainment complex, Browns Berea site, others seek TMUDs

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The next phase of Bedrock’s Downtown Cleveland Riverfront development is proposed to feature a large, 17-story entertainment complex topped by a hotel. Dubbed Rock and Roll Land, it is the largest of seven Northeast Ohio projects and is seeking the largest award possible in the fourth and final authorized round of the Ohio Department of Development’s Transformation Mixed Use Development (TMUD) tax credits.

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Browns’ Berea District 46 plans coming into focus

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In a public record secured by NEOtrans, more details are coming to light about the owner of the Cleveland Browns, the Haslam Sports Group’s (HSG), proposed mixed-use development in suburban Berea. That includes specifications for the features in the new 500,000-square-foot development which will be built around a small, new sports stadium, dubbed a community field.

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Financial details of Browns’ Berea development

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When the Haslam Sports Group, owners of the Cleveland Browns, yesterday announced their plans for a mixed-use development next to the football team’s suburban Berea headquarters, it was the result of a tentative deal with city officials and other project partners. A summary of that deal was since revealed by Berea Mayor Cyril Kleem in a social media post.

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Hopkins Airport’s first terminal project takes off

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If you are heading south from Cleveland Hopkins International Airport on State Route 237, you might be able to catch a brief glimpse of where a nearly $3 billion modernization program for the airport’s terminal is about to begin. But most people probably won’t even notice the building or when the work starts on upgrading its interior.

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CWRU’s South Residential expansion stops

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As Case Western Reserve University (CWRU) approaches its 200th anniversary, just two years away, the growing college has just one megaproject on its syllabus for Cleveland’s University Circle — the $300 million Interdisciplinary Science and Engineering Building. So CWRU’s bicentennial legacy is to do what it has often done — prudently build when it needs to, not when it wants to. Even so, news of what the university is not building may come as a surprise.

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