NE Ohio real estate news by location
After a 40 to 90-day hiatus forced by the COVID-19 crisis, Cleveland’s City Council and City Planning Commission meetings are due to restart. The first meetings are likely to be held in May.
Read MoreCleveland city meetings to resume, construction industry cheers Read More »
As a follow-up to last week’s article in which NEOtrans broke the story about the new nuCLEus and Herold Building plans, there is an interesting back-story behind the new approach. It all centers on addressing the difficulty of constructing new office buildings in Cleveland.
Read MoreHow nuCLEus and Herold got their lives back Read More »
Starting today, the City of Lakewood will begin the process of salvaging the redevelopment of the city-owned Lakewood Hospital site.
That redevelopment was left in limbo when Mayor Meghan George last week announced that the city and its first-choice developer had reached an irreconcilable impasse over the site clean-up costs. Carnegie Management and Development Corp. had terminated its agreement with the city.
Read MoreLakewood weighs Plan B for hospital redevelopment Read More »
Lakewood Mayor Meghan George will reportedly announce tomorrow that Carnegie Management and Development Corp. is withdrawing as the city’s chosen developer of the $72 million One Lakewood Place project, according to two sources.
Read MoreCarnegie exits One Lakewood Place, new developer sought Read More »
If at first you don’t succeed, try, try, try again.
Stark Enterprises has publicly released a third iteration of its proposed nuCLEus development. And sources say that Stark has the resources to move forward with a groundbreaking based on this plan as soon as the city’s design review boards can meet again and act on it.
Read MoreNew nuCLEus, sans apartments, eyed for summer start Read More »
Demolition work is scheduled to start today for the $140 million Intro phase of the Market Square development in Cleveland’s Ohio City neighborhood. But if you wanted to attend a groundbreaking ceremony for this mixed-use project, the coronavirus crisis has made that risky and unnecessary.
There’s still going to be a groundbreaking in the coming days,
Demolition, groundbreaking this week for big Ohio City project Read More »
UPDATED APRIL 10, 2020
While the temporary scaling back of spending for the Sherwin-Williams’ (SHW) new headquarters+research (HQ+R&D) project is probably the most notable impact from the coronavirus crisis, it isn’t the only one in Greater Cleveland.
Read MoreCoronavirus crisis casualties in Cleveland real estate Read More »
A significant, multi-phase residential development is proposed on the border of the Hough and Fairfax neighborhoods, in the vicinity of Chester Avenue and East 75th Street. It and other developments represent a continued spillover effect from booming employers and residential investments in neighboring University Circle.
Read MoreChester75 sounds University Circle’s boom in Hough Read More »
A real estate partnership announced this week in a written statement that it has finalized its construction financing and hired its general contractor for a luxury condominium and townhouse development on the west-suburban lakefront.
Read MoreLakefront luxury development secures construction financing Read More »
On March 24, the Greater Cleveland Regional Transit Authority’s (GCRTA) Board of Trustees did two things it had never done before.
One, GCRTA’s board voted to help form and partially own a unique public-private corporation to acquire and oversee development of its Ohio City Red Line station-area property in partnership with Carnegie Management and Development Corp.
Lack of city hall tech risks making construction sector sick Read More »
