Trending development, economic & real estate news

Rocky River apartments to open May 1

In recent years, Cleveland-based Krueger Group has been busily adding new apartments in Cleveland’s hottest neighborhoods in the urban core. But on May 1, they and partner RHM Real Estate Group of Lyndhurst are due to open ORRIS, 22655 Center Ridge Rd., the first new apartment building in…
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Renovated Odeon in Flats to reopen this year

With a new owner, a new venue manager and some freshening up planned in the coming months, The Odeon Concert Club, 1295 Old River Rd. on the East Bank of Cleveland’s Flats, is due to begin hosting new live performances again, perhaps as soon as this summer.
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Park Place Tech seals HQ deal

After a year-long search for a new headquarters, Park Place Technologies has closed on its deal to acquire Progressive Direct Insurance’s Alpha Campus in Highland Heights. Consummation of the purchase agreement sets the stage for renovating the multi-building campus and ultimately relocating to it 500 headquarters employees from…
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Phase 2 awaits: Innovation Square, Fairfax Market

Two mixed-market-rate apartment developments that just opened along East 105th Street in Cleveland’s Fairfax neighborhood have phase-two projects proposed. But construction on the pair of follow-on projects may not occur for a year or more as lending remains tight and leasing activity has been uneven. But things could…
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Cleveland’s Greyhound/Barons Bus station futures

While city-to-city bus services have vacated traditional downtown stations for remote, curbside boarding locations in Ohio cities like Cincinnati, Columbus and Dayton, Cleveland travelers may be spared that treatment in a plan being worked out with the city. But city planners and advocates say the long-term station site…
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Fairview Hospital unveils North Campus options

At a community meeting this evening at Fairview Hospital, Cleveland Clinic Foundation officials showed five design options for developing a new clinical building containing the Moll Cancer Center and medical offices plus a new parking garage on Fairview Hospital’s North Campus, north of Lorain Avenue. While there were…
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