News by location – Page 94

Co-working biz expands to Cleveland with Hingetown launch

Ken Prendergast / May 23, 2020

In 2020, as the practice of social distancing has dominated, a relatively new business is taking the opposite approach. COhatch, founded in Columbus in 2016, is creating a community-centric approach to co-working where people not only work together, but socialize, exercise, host events and support new business ideas with the help of local investors in the same location.

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Warner & Swasey redevelopment is a Midtown catalyst

Ken Prendergast / May 22, 2020

When Pennrose LLC won a $1 million tax credit allocation this week from the Ohio Housing Finance Agency for the redevelopment of the Warner & Swasey factory, it not only boosted the project’s development prospects, it also boosted Midtown’s.

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Wolstein goes west as backer of Flats West Bank tower

Ken Prendergast / May 21, 2020

An important local real estate developer has emerged to lead a proposed apartment and hotel tower on the Flats’ West Bank, giving the project further legitimacy. That backer is the man who brought the Flats’ East Bank back from the ruins of being Cleveland’s Party Central in the late-20th century to become a bright, attractive mixed-use development.

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Cleveland’s exciting parking garage project. No, seriously

Ken Prendergast / May 16, 2020

Parking garages aren’t usually all that exciting. But one planned for the Flats’ West Bank might be the most exciting parking garage in Cleveland in 15 years.

In 2005, the nine-level 515 Euclid garage was designed and built with the promise of a future high-rise atop it. That garage ended up attracting Stark Enterprises which built the 19-story, $95 million Beacon apartment tower. Beacon saw construction start in 2017; it opened last year.

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Developers, investors making big plays on Flats’ West Bank

Ken Prendergast / May 13, 2020

Despite the economic slowdown, several prominent local and national developers and investors are making big real estate plays on the Flats’ West Bank, across the Cuyahoga River from downtown Cleveland. The end result could be a mix of buildings with mostly residential offerings and at least two of the developments possibly rising to 20 stories or higher.

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Sherwin-Williams HQ may be city’s fourth-tallest tower

Ken Prendergast / May 9, 2020

Sherwin-Williams’ (SHW) proposed headquarters tower on Cleveland’s Public Square may be a little taller than previously reported. In fact, it could end up being the city’s fourth-tallest skyscraper. It’s still unlikely to be a supertall approaching 1,000 feet or even Terminal Tower’s height, however.

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Chester75 concept OK’d by city design-review

1 Comment / Ken Prendergast / May 5, 2020

UPDATED MAY 14, 2020 WITH NEW RENDERINGS

Conceptual designs for a new 57-unit, market-rate apartment development in the Hough neighborhood were approved by the City of Cleveland’s Euclid Corridor Design Review Committee. It was the first design-review meeting held since the start of the coronavirus crisis two months ago.

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Cuyahoga River’s last grain mill to close; mill’s fate uncertain

1 Comment / Ken Prendergast / April 28, 2020

The last grain mill left on the Cuyahoga River is due to close in July, leaving 24 workers to wonder about their employment future and the fate of the mill property. Those lost jobs include seven trucking and two railroad jobs who serve a mill that’s stood in the 1600 block of Merwin Avenue for more than 150 years.

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Sherwin-Williams HQ can get state aid by reviving the past

Ken Prendergast / April 27, 2020

Some of Cleveland’s most ornate architecture succumbed to the almighty car in a large plot of land called the Superblock. The Superblock is located in downtown’s Warehouse District which, aside from the narrow river- and lakeside dock areas, was Cleveland’s first central business district starting in the early-1800s.

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Seeds & Sprouts VI – Early intel on real estate projects

Ken Prendergast / April 26, 2020

This is the Sixth 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. Work is reportedly about to getunderway soon on convertingCleveland’s

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