Trending development, economic & real estate news

GCRTA orders trains for Shaker-Waterfront lines

The Greater Cleveland Regional Transit Authority (GCRTA) has exercised an option to order an additional 18 new Light Rail Vehicles (LRVs) from Siemens Mobility to replace their aging fleet of trains, according to GCRTA and Siemens today. This adds to previous orders, allowing GCRTA to, at minimum, provide…
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Staff reductions to hit Sherwin-Williams HQ

With Sherwin-Williams due to move into its new headquarters tower in Downtown Cleveland later this year, there may be fewer managers making that move. That’s according to two company sources who told NEOtrans on the condition of anonymity that Sherwin-Williams is downsizing its headquarters staff, primarily through early…
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Shaker Square demolition to avail housing site

Although the demolition of an historic retail strip in Cleveland’s Shaker Square district was on Landmarks Commission’s docket, much of the panel’s discussion focused on what might follow the demolition. Ultimately, the commission unanimously approved razing the two-structured Van Aken Plaza located at 2742-2782 Van Aken Blvd. for…
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Watterson-Lake Apartments design approved

Efforts by city officials to repopulate Cleveland neighborhoods don’t always go smoothly when residents and community officials have gotten used to not having people, density and activity around for decades. But a mixed-use project intended to restore some of that urbanity got approved today by the Landmarks Commission…
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Senior affordable housing deal OK’d in Cleveland Hts

City officials in Cleveland Heights today announced they have entered into a purchase agreement with National Church Residences (NCR), a Columbus-based non-profit senior housing developer, to acquire two city-owned properties for a planned $22 million, 71-unit, senior affordable-rate apartment building.
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