In Cleveland’s Ohio City neighborhood, and in the face of financial headwinds affecting projects nationwide, the long-planned Bridgeworks development underwent a major redesign that would cut costs and add more space by filling land, not the sky. Gone is a 16-story building and separate parking garage, replaced by a single, seven-story building that incorporates parking within a structure that fills out more of the 2.13-acre site at the west end of the Detroit-Superior Bridge. The revised plans will be reviewed by the city’s design-review boards in the coming weeks. Financing from the city, Cuyahoga County and Cleveland-Cuyahoga County Port Authority was arranged last spring.
Two Connecticut development firms have returned to their state’s Western Reserve with the goal of redeveloping the landmark Greyhound bus station in downtown Cleveland. While their plans are still early on, a basic concept for the plan appears to be taking form and the developers are reaching out to City Hall and Playhouse Square Foundation officials to get their input on that vision that could include a repurposed station and an apartment tower.
After yesterday’s emotional send-off to Cleveland Guardians’ Manager Terry Francona at his last home game at Progressive Field, the Major League Baseball team is wasting no time building for the future. Today, the club work put renovations to the baseball stadium into fastball mode by removing merchandise, furniture, equipment and even the grass on the baseball field, according to an e-mail sent earlier this week to the city and other stakeholders.
In the midst of a global pandemic, state, local and Cleveland Clinic officials in 2021 announced the Cleveland Innovation District to expand health care research. Today, as part of that initiative, Cleveland Clinic unveiled the first phase of its expanded research facilities and announced plans to launch major construction of two new research buildings. The state-of-the-art facilities will be dedicated to scientific investigation and will significantly increase laboratory research space on Cleveland Clinic’s main campus.
The south side of Superior Avenue in the Superior Arts District has been getting all the love in recent years. And why not? The sunny side of the main drag on the east side of downtown Cleveland is the new home of Cross Country Mortgage which relocated more than 600 employees from suburban Brecksville. You can also find residential conversions at 2320 and 2104-2110 Superior. And, of course, the new Cleveland Police Division headquarters will put several hundred employees in the ArtCraft Building overlooking Interstate 90. But the north side of the street is about to grab its share of attention, too.
Yesterday, at its regular weekly meeting, Cleveland City Council voted to approve an updated and expanded Master Development Agreement (MDA) between Bedrock Real Estate and the city of Cleveland that serves as a guiding framework for Bedrock’s planned $3.5 billion riverfront development project. As one might expect, with such a large, multi-phase development, the project and its legal and fiscal frameworks are very complex. But the new frameworks helps spell out what is expected of each party.
Something is happening inside 200 Public Square that isn’t happening at many other downtown Cleveland office towers — a major tenant is gobbling up more office space. The tenant, Cleveland-Cliffs Inc., is adding hundreds of office workers to the building, a number that could reach 2,000 employees in the next few years if it is able to acquire Pittsburgh-based rival US Steel. If that happens, two sources who are close to Cliffs’ executives say Cliffs will reconsider 200 Public Square as its headquarters of what would become the nation’s largest steelmaker.
The Cleveland Guardians Major League Baseball (MLB) team is exercising an option on acquiring the second of two properties that were offered to it when the team extended its lease on Jan. 1, 2022 to play at Progressive Field for at least another 15 years, a city source said. The property it will acquire this time is the huge Gateway East Garage, 650 Huron Rd. East in downtown Cleveland for $25 million and could set the stage for a full or partial demolition of the 29-year-old garage for a “ballpark village” redevelopment.
One of the favorite past-times among some Northeast Ohioans is to complain that too much of their state tax dollars are going to the rest of the state and not enough to Northeast Ohio. But if you don’t ask for anything, you don’t get it. That’s the case when it comes to the latest round of Transformational Mixed Use Development (TMUD) tax credits. Northeast Ohio TMUD applications represent only 10.8 percent of the total dollar amount requested statewide for Ohio’s fiscal year 2024 round and only one downtown Cleveland project was submitted. Ironically, the TMUD program was the brainchild of a Cleveland developer to encourage more downtown Cleveland projects.