Trending development, economic & real estate news
Filling downtown’s grocery gap
With the Downtown Cleveland Heinen’s grocery store, 900 Euclid Ave., set to close at the end of this month after 11 years in business, city, county and civic leaders are undertaking a two-pronged response to fill the void in the short- and long-term.
Two Downtown towers sell for $4.25M – total
Rumors had swirled for weeks but no one was willing to confirm it — until yesterday when the sale of the Ohio Savings Plaza and Park Plaza office buildings hit public records.
Three big Cleveland developments advance
Three major Cleveland development projects totaling nearly $300 million in value won financing today from the Port of Cleveland. Together, the trio of projects will add 536 housing units, 121 hotel rooms and more than 23,000 square feet of commercial space.
NEO fund to boost biz, job sites
Once upon a time, Cleveland was the nation’s center of industrial innovation and small, new-start businesses that resulted from it. Perhaps you’ve heard of a few of them — Standard Oil, General Electric Lighting, Sherwin-Williams, TRW, Cleveland-Cliffs, Lincoln Electric, Parker Hannifin to name a few.
‘The old Master Chrome building is down’
Master Chrome was just a small industry on a small lot. Its structure didn’t even measure 10,000 square feet. The land on which it set was barely more than half an acre.
GCRTA delays levy decision to September
The future of the Greater Cleveland Regional Transit Authority (GCRTA) didn’t get much clearer at a special board meeting held today. But the transit agency’s trustees did vote unanimously to support a compromise action that could put a sales tax levy on the ballot in May 2027. The…
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