Trending development, economic & real estate news
Warner & Swasey, Westinghouse redevelopments get Port financing
The Cleveland-Cuyahoga County Port Authority’s Board of Directors today approved financing actions supporting two of Cleveland’s long-proposed major redevelopment projects. And it also approved a land transfer today to advance the Irishtown Bend Park in Cleveland’s Ohio City neighborhood.
Progress Pics: Lakewood Common fills ‘The Pit’
Though the $119 million Lakewood Common project celebrated its groundbreaking in late September, the former Lakewood Hospital site has remained dormant for more than a month. Finally, construction crews have begun to clear the site—a large, sunken plot known by locals as “The Pit”—to make way for a…
Tech firm expands in Downtown Cleveland
Growing technology company NE2NE today announced the opening of its new headquarters in the historic Caxton Building, 812 Huron Rd., in Downtown Cleveland. This move marks a significant milestone in the young company’s journey and a renewed commitment to fostering community and innovation in its hometown.
Greater Cleveland Sports Hall of Fame and Museum gets new home
After more than a year of construction, the Urban Community School today announced that it is scheduled to open the Roundstone Athletic Center (RAC) with a ceremony at 9:30 a.m. Nov. 21.
River Recycling plant to be rebuilt
A start-from-scratch rebuilding project was launched today following a late-September fire at River Recycling Industries, Inc., 4195 Bradley Rd., in Cleveland’s Old Brooklyn neighborhood. The fire ignited multiple rounds of live bullets that were among spent casings to be recycled along with a propane tank that exploded.
Progress Pics: Ohio City adding hundreds of homes
High construction costs, tariff uncertainties, and changes to city tax abatement policy have brewed skepticism that current development momentum can continue—especially in urban neighborhoods like Ohio City. So one might be surprised to walk around the block and find hundreds of new homes actively under construction.
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