News by location

NE Ohio real estate news by location

USL Cleveland soccer stadium site chosen

For 30 years, a forlorn spit of land south of the Inner Belt highway in downtown Cleveland has been eyeballed by different people for different types of sports stadiums.
Now, the latest and perhaps most realistic stadium effort has reportedly targeted land owned by the ODOT for a 5,000-plus-seat United Soccer League venue. That’s according to two sources, one a major local developer and the other a Cleveland building and construction trades representative.

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Ohio City manufacturer bucks housing trend

A stretch of Detroit Avenue in Cleveland’s Ohio City neighborhood, once known as Mariners’ Row for its many boat dealers and boating stores, is quickly becoming home to a number of mid-rise apartment buildings. From The Quarter, Federal Knitting Mills, Mariner’s Watch, Edge 32, to the latest and largest project yet — Church + State — more than a dozen blocks of Detroit Avenue next to the West Shoreway (now Edgewater Parkway) are lined with apartment buildings from four to 11 stories tall.

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New HQ may land on Scranton Peninsula

With roughly 80 acres of land, Cleveland’s Scranton Peninsula is practically a blank canvas for a developer to pursue their SimCity dreams along a navigable waterway in the heart of a major city. And someone has just planted a big flag on Scranton Peninsula, the largely vacated expanse of land nearly surrounded by the Cuyahoga River a mile south of Public Square.

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Four downtown towers are in the works

The real estate market in Cleveland and especially downtown is shifting into a whole ‘nother gear.

Growth of the market combined with the advent of new financing tools, plus the dwindling supply of older office buildings available for residential conversion is making significant new construction more realistic.

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Columbus Road TOD coming into focus for Duck Island

Today, the Greater Cleveland Regional Transit Authority (GCRTA) announced its staff recommendation for who should develop its Duck Island property along Columbus Road south of the Ohio City Red Line rail station. The GCRTA Board of Trustees still must decide whether to approve that recommendation. The proposed team and design may be intriguing to many.

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Cleveland’s Tower City may soon become tech hub

Tower City Center, formerly Cleveland’s main railroad passenger station, could soon enter its third incarnation — this time as a $150 million tech hub. Dubbed City Block, the hub would become an incubator for a variety of technology firms, ranging in size from Fortune 100 anchor companies to flash-in-the-pan start-ups.

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Ohio City mixed-use project may feature downtown ad firm

An exciting development is in the works for the Hingetown section of Cleveland’s Ohio City neighborhood, according to multiple sources. Although still in a preliminary stage, the development’s concept at this point involves putting the offices for a fast-growing downtown company on the lower floors of a new building with apartments on the upper floors.

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Downtown-lakefront land bridge has momentum, funding

If the city has its way, a $65 million land bridge linking Downtown Cleveland’s malls to the lakefront could soon be the centerpiece of a multi-faceted plan to enhance the area around North Coast Harbor. Developments surrounding the proposed land bridge include expansion of the Rock & Roll Hall of Fame, Great Lakes Science Center, Cumberland Real Estate Development’s next phases as well as a multi-modal transportation center.

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