Trending development, economic & real estate news
Slavic Village redevelopment plans progress
A Cleveland-New York development partnership is seeking financing for a significant remake of the heart of Cleveland’s Slavic Village at Broadway Avenue and East 55th Street. And an application for Low Income House Tax Credits (LIHTC) is bringing more clarity to the partnership’s redevelopment plans that were first…
Clinic’s megaprojects construction are on time
Cleveland Clinic’s three major construction projects at its Main Campus near Cleveland’s University Circle are progressing on or close to schedule, according to a Clinic spokesperson. However, at this point, it appears that any follow-on projects at or near the Main Campus may not be happening for a…
Port OKs $170M financing for major projects
The Cleveland-Cuyahoga County Port Authority’s board of directors today approved $170 million in bond financing to fuel a series of high-impact projects, including a large redevelopment of land that contained a former Veterans Administration facility, a major manufacturing expansion, and refinancing bonds for a nonprofit school that will…
Great Lakes Brewing revisits Scranton Peninsula move
NEOtrans has learned that one of Ohio’s oldest craft brewers is not only seeking to remain in Cleveland but is dusting off old plans to move its production facilities to Scranton Peninsula in Cleveland’s Flats. Sources familiar with the Great Lakes Brewing Company’s (GLBC) plans said that if…
Walton Apts seeks to restore Clark’s walkability
A planned affordable senior housing development at 3517 Walton Ave. in Cleveland’s Clark-Fulton neighborhood won universal praise Friday from the City Planning Commission. In fact, the commission considered it a potential game-changer for the neighborhood and especially Clark Avenue which, in this growing La Villa Hispana community, is…
Tremont townhouses on Towpath put on slow path
A unique townhouse development, one of the first that would be built directly facing the Towpath Trail, was on a fast path toward design approval and a zoning change. But City Planning Commission members decided that that path was a little too fast for it and urged that…
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