Trending development, economic & real estate news
Land Bank gets $5M for affordable homes
Cuyahoga Land Bank has been awarded $4.95 Million from the Ohio Department of Development’s Welcome Home Ohio Program to support affordable housing development in the county. The funds will be used to create new, affordable homes in partnership with Cuyahoga County, CHN Housing Partners and Near West Land…
Cleveland Print Room focuses on new home
Increasingly, artist studios and nonprofit arts organizations have been moving eastward from downtown into Cleveland’s Goodrich-Kirtland Park neighborhood and St. Clair-Superior. But few are making as big of an investment as that which the Cleveland Print Room (CPR) plans by acquiring and renovating a former commercial laundry at…
Renovation starts on downtown’s Electric Building
With financing closed, construction work will begin in the next couple of weeks on the $40 million rehabilitation and conversion of the historic 700 Prospect Ave. office building into apartments, called The Electric Building. And now the ground-floor has the end user of its lone commercial space identified…
Feds search Sinito’s home; Owner of Millennia, Key Tower, apartments and restaurants
The private home of the owner of some of Cleveland’s most well-known buildings and restaurants was searched today by federal investigators and assisted by local police in an ongoing matter involving the U.S. Department of Housing and Urban Development (HUD). Frank Sinito and his wife Malisse reside at…
GCRTA’s new railcars start production
Manufacturing work has begun this month on the Greater Cleveland Regional Transit Authority’s (GCRTA) new railcars, said members of the authority’s management team overseeing the replacement of its aging railcar fleet. But until enough railcars are delivered, which won’t happen until 2027, the public will still be riding…
Cleveland Vibrator to be razed for apartments
In the coming weeks, demolition crews are due to level the fabled Cleveland Vibrator machine shop, 2828 Clinton Ave., in the Hingetown section of Ohio City for a large apartment complex. Site preparations for two new apartment buildings will take place over the winter with construction work to…
apartments business Campus District City Planning Commission Cleveland Cleveland Clinic Construction Cuyahoga County Cuyahoga River demolition development downtown Cleveland Euclid Avenue GCRTA Greater Cleveland Regional Transit Authority investment jobs Lakefront Lakewood Mayor Justin Bibb mixed-use development NEOtrans Ohio City Opportunity Corridor pandemic real estate renovation Retail Seeds and sprouts TMUD transit Tremont University Circle West 25th Street
Greater Cleveland economic, real estate, development, construction news