Trending development, economic & real estate news

Capitol Theatre may need a new plot written

It’s a tough time for the film industry, and an even tougher time for historic theaters like the Capitol Theatre, 1390 W. 65th St., trying to pay its bills. The 104-year-old venue in Cleveland’s Gordon Square Arts District has an uncertain future regardless of its owner trying to…
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Industrial user lined up for Highland Hills site

NEOtrans has learned that the developer of a 30-acre spread of land in suburban Highland Hills isn’t marketing the assembled parcels to a new, job-rich end-user. The reason is that the developer already has one lined up for the land, located in the 22700 block of Millcreek Blvd.
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Bedrock to add steam plant site to Riverfront plans

If you like what Bedrock Real Estate has planned for its huge Riverfront Development in Downtown Cleveland, expect more of it at the site currently occupied by closed Cleveland Thermal steam heating plant, 2274 Canal Rd. That’s what public records reveal in the application for Ohio Brownfields Program…
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CVSR pursues Downtown Cleveland link with CSX

On March 16, family, friends and colleagues of Thomas V. Chema received horrible news. The 78-year-old leader of civic causes and institutions died suddenly at his home in Downtown Cleveland. Chema was in the midst of excitedly pursuing his latest civic endeavor — the extension of Cuyahoga Valley…
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Great Lakes Brewing Co. looks to the suburbs, again

In the latest episode of “where are they looking now,” Great Lakes Brewing Company (GLBC) reportedly has its eye on a site in suburban Westlake near the Interstate 90-Columbia Road interchange for a new production facility. But the deal isn’t done and the city of Cleveland reportedly is…
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Greater Cleveland economic, real estate, development, construction news