Trending development, economic & real estate news
West 73rd Apartments site on the market
In a move that came as a surprise to some members of its development team, a New York-based developer has decided to sell one of the last-remaining open development sites in Cleveland’s hot Gordon Square neighborhood near Lake Erie. The offering of 1321-1357 W. 73rd St. comes after…
Slavic Village site chosen by a growing business
A new and growing business is seeking to move from its rented space in Cleveland’s Old Brooklyn neighborhood to put down stakes somewhere. And it found that somewhere in a faded brick building at 5363 Broadway Ave. in Slavic Village.
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.
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