Trending development, economic & real estate news
Plans for new Cleveland community revived
A planned development of affordable, for-rent townhomes announced nearly two years ago is back with a slightly revised plan and a request for public financial assistance to build the townhome community.
Funds for St. Theodosius fire repairs needed
Cleveland’s Landmarks Commission today approved a two-phased plan to rebuild the fire-damaged St. Theodosius Orthodox Cathedral — not only to protect the church’s decoration-laden interior from the elements now, but to help revive the congregation’s stalled fundraising efforts for a full $17 million rebuild.
It’s official: Lakewood Common groundbreaking ceremony is Thursday
Last week, NEOtrans was first to report that site preparation work was getting underway for the Lakewood Common redevelopment of the former Lakewood Hospital site. This week, we can report that the official groundbreaking ceremony is now scheduled.
Tariffs may cut GCRTA railcar order by 10%
For the first time in more than four decades, the Greater Cleveland Regional Transit Authority is replacing its rapid transit trains — the oldest fleet of railcars used by any U.S. transit agency. But that rare $450 million opportunity to modernize its rail system could end up 10…
Two more big Lakewood developments
Detroit Avenue in Lakewood is becoming a hot zone of multifamily developments. One project at the Steve Barry Buick site is well underway. Another, Lakewood Common, is just getting started. And two new developments are planned at sites where other, similar buildings were sought before.
CWRU-led effort a finalist for $160M advanced manufacturing program
Northeast Ohio’s ambitious goal of becoming a national epicenter for advanced materials and industrial innovation over the next decade, with the goal of creating 20,000 manufacturing jobs, has advanced to the next stage.
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