News by location

NE Ohio real estate news by location

Seventeen 10+ story projects may see construction in the next year

In Cleveland, there are 17 buildings of more than 10 stories tall that could see their construction start in the next year. And with out-of-town developers showing greater interest in Greater Cleveland, especially after the state passed the Transformational Mixed-Use Development (TMUD) tax credit, there may be another building or two that comes out of nowhere and surprises us in the next 12 months.

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Seventeen 10+ story projects may see construction in the next year Read More »

Little Italy development site back in play

After many years of false starts and litigation, a large vacant parcel at the north end of Little Italy is back in play for a new real estate development.

Property owner University Circle Inc. has selected a partnership of Property Advisors Group of Beachwood and M. Panzica Development of Cleveland to develop what is called the Woodhill Supply site. The vacant 2.14-acre property is located in the 1800 block of East 123rd Street and Coltman Road.

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Work starts on Via Sana on West 25th near MetroHealth

Construction is beginning on the first of three buildings that will comprise a $60-million mixed-use project in Cleveland’s Clark-Fulton neighborhood. The building is being developed by The NRP Group, The MetroHealth System and CCH Development Corp. — a public-private partnership that will strengthen and revitalize the west side neighborhood by filling a need for high-quality housing.

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Sherwin-Williams releases site plans-mirrors NEOtrans’ info

Today, Sherwin-Williams (SHW) released its official site plan for its new global headquarters (HQ) campus in downtown Cleveland. The graphic released by the global coatings giant is virtually identical to one that NEOtrans has been reporting for a month now.

The preliminary HQ site plan posted on SHW’s official Building Our Future (BOF) Web site is not the only new illustration that was shared by the company. Also provided was a preliminary site plan for the new research and development facility in suburban Brecksville.

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Reno, new-build planned at Ford, Hessler in University Circle

Two high-profile properties owned by University Circle Inc. (UCI) are proposed to be sold to a partnership led by two men with experience in developing real estate in the University Circle area.

The partnership comprised of Russell Berusch and Rick Maron propose to renovate the exteriors and modernize the interiors of two historic buildings on Ford Drive. They also want to add a four-story building on Hessler Road, behind the Ford dwellings. The new building would be filled with 23 micro-unit apartments.

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First new multi-family housing in a century planned on Clark Ave.

Clark Avenue is one of those strange streets in Cleveland with an odd mix of buildings.
It has a lot of older structures. On the sidewalks are storefronts and taverns topped by a few apartments. There’s a scattering of light industrial buildings from the 1800s and early 1900s. And then there’s all those newer single-use buildings — mostly fast-food restaurants and small-box stores — set back behind lots of pavement and empty parking spaces.

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Fulton House development plan in Ohio City getting mixed reviews

A small mixed-use development proposed on the site of Ohio City Brews on Fulton Road is getting some mixed reviews from the community. But the developers are confident that they can address many of the concerns.

If so, they hope to start construction this summer on a 20-unit apartment building atop an existing, 96-year-old building to be converted into two storefronts and parking. The project would freshen up and activate an underutilized, high-profile street corner in a densifying, vibrant urban neighborhood.

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