Trending development, economic & real estate news
Bedrock buys more riverfront land
While public records show Bedrock Real Estate is buying more Downtown Cleveland land along the Cuyahoga River, so far only rumors give any indications as to why. Interestingly, the targeted property is not included in Bedrock’s $3.5 billion Riverfront development masterplan. Then again, neither is the rumored land…
Port wins state funds for major projects
The Cleveland–Cuyahoga County Port Authority was awarded $4.2 million for two major projects to advance them from planning into construction. The funding was awarded through the Ohio Maritime Assistance Program (MAP), a competitive Ohio Department of Transportation (ODOT) grant program supporting strategic maritime infrastructure investments across Ohio.
Investors’ make next play in Old Brooklyn
Some developers focus on building homes in all-residential neighborhoods. Others focus on building and renovating commercial spaces on busy streets. It’s not often that a developer pursues both with the goal of each supporting the other. But that’s what a new development firm comprised of experienced real estate…
Buyer emerges for prime TOD site
A Michigan-based self-storage company that has been expanding its property holdings in Ohio is adding another. This time it’s a property that’s been courted for decades by developers and planners as a potential site for Transit Oriented Development (TOD).
Scranton Peninsula makes space for 1,000 residents
In 2024, Cleveland’s Scranton Peninsula was home to a single resident. Now the construction of 609 homes ranging from studio to 3-bedroom apartments creates the residential capacity for more than a thousand.
Rafih Auto Group Development OK’d
Two luxury car dealerships that first sought to redevelop part of Great Northern Mall in North Olmsted are now heading to Avon in Lorain County instead. It’s the latest symptom of urban sprawl that’s driving high-profile Cuyahoga County businesses into the collar counties.
affordable housing apartments business Campus District City Planning Commission Cleveland Cleveland Browns Cleveland Clinic Construction Cuyahoga County Cuyahoga County Executive Chris Ronayne Cuyahoga River demolition development downtown Cleveland Euclid Avenue Greater Cleveland Regional Transit Authority Haslam Sports Group investment jobs Lakefront Lakewood Mayor Justin Bibb mixed-use development NEOtrans Ohio City Opportunity Corridor real estate Retail transit Transit Oriented Development Tremont University Circle West 25th Street
Greater Cleveland economic, real estate, development, construction news
