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NE Ohio real estate news by location

New buyer(s) emerge for two Cleveland-area Ford plants

After one failed bid to acquire Ford’s Brook Park and Walton Hills plants, there is good news pointing to the eventual, productive re-use of both mammoth factories.

Ford Motor Co. last week entered the Ohio Environmental Protection Agency’s (EPA) Voluntary Action Program (VAP) for its Brook Park Engine Plant No. 2 that closed nearly 20 years ago, according to a source who was not authorized to speak publicly about the development.

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Co-working biz expands to Cleveland with Hingetown launch

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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Wolstein goes west as backer of Flats West Bank tower

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

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

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

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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