Trending development, economic & real estate news
Downtown Cleveland’s glimmers of hope
While it seems like foot traffic is up in Downtown Cleveland since the pandemic four years ago, different organizations that measure the city’s central business district’s economic performance have numbers backing up that perception. And that’s also reflective of increased numbers of workers returning to their offices and…
Erieview, Shoreway towers win financing
Today, the Cleveland-Cuyahoga County Port Authority’s board approved $144 million worth of financing toward development projects with a combined price tag totaling $206.1 million. The projects include one new-construction residential tower near Edgewater Park, one renovated and converted Downtown Cleveland office tower, and a major expansion and renovation…
Cleveland Port’s bulk terminal gets $5M for rehab
Last month, the Cleveland-Cuyahoga County Port Authority awarded nearly $1 million for design work to reconstruct the iron ore conveyor system at the Cleveland Bulk Terminal on Whiskey Island. This month, the Port of Cleveland got a big chunk of the funding necessary to carry out the reconstruction…
Cleveland’s Public Square gets $750K for improvements
The work to improve Cleveland’s centuries-old Public Square, a New England-style community commons, is never done. To that end, Downtown Cleveland Inc. will receive $750,000 in funds from the Ohio legislature’s one-time Strategic Community Investment Fund for a more welcoming, engaging and inclusive Public Square for all.
Downtown dealmaking takes time, new approaches
Although the real estate listing for Ohio Savings Plaza, 1801 E. 9th St. and its associated Park Plaza, 1111 Chester Ave., show their transaction status as “under contract,” it’s been that way for many months. It will retain that status for at least two more months. What’s going…
Stockyards nuisance is finally coming down
By the end of this month, a former box factory turned nuisance at 7275 Wentworth Ave. in Cleveland’s Stockyards neighborhood will be visited by the wrecking ball. But crews are already on site cleaning up the long-vacant building that has been used by vagrants, drug users and dealers…
apartments business Campus District City Planning Commission Cleveland Cleveland Clinic Construction Cuyahoga County Cuyahoga River demolition development downtown Cleveland Euclid Avenue GCRTA Greater Cleveland Regional Transit Authority investment jobs Lakefront Lakewood Mayor Justin Bibb mixed-use development NEOtrans Ohio City Opportunity Corridor pandemic real estate renovation Retail Seeds and sprouts TMUD transit Tremont University Circle West 25th Street
Greater Cleveland economic, real estate, development, construction news