Trending development, economic & real estate news
Downtown adds new retail tenants
There is a recent surge of retailers opening in Downtown Cleveland due in part to a growing traffic base coming from several sectors. One is the continued strong residential population growth. Another is the increasing number of return-to-office requirements by employers. And the last is the growing number…
CSU abruptly ends U-Pass deal with GCRTA
Cleveland State University (CSU) notified its students this morning by e-mail that it will immediately discontinue its participation in the Greater Cleveland Regional Transit Authority’s (GCRTA or RTA) U-Pass program. This program provided to CSU students vastly discounted monthly GCRTA passes which they could use for other transportation…
Downtown’s latest high-rise gets finishing touches
Fifty weeks ago, NEOtrans got a tour of the Skyline 776 apartment tower just as its first tenants were moving in. But those tenants were moving into a 23-story high-rise that was still under construction and recovering from a sudden transition. Nearly a year later, work is still…
Next lakefront trail extension to start in January
It’s much nicer to consider a new lakefront trail project now in July rather than in January when construction is due to begin. But between now and then, the city of Cleveland, Cuyahoga County and the Cleveland Metroparks will be finalizing agreements for the construction and maintenance of…
Downtown Lakefront Multimodal Station can equal Browns Stadium in annual visits. Here’s how…
Greater Clevelanders have often lamented the large number of downtown lakefront redevelopment plans that have come and gone without producing much, if anything — other than more paper. Sadly, so have the large number of plans for a downtown intermodal transportation hub. They’ve sparked as much as a…
Cleveland Office, industrial markets dip in 2nd quarter
It’s not a good situation when the two major commercial segments of the market — office and industrial — are both seeing sluggish times in terms of leasing activity. In fact, both sectors in Greater Cleveland saw tenants give back more space to the market than they absorbed…
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