Trending development, economic & real estate news
Cleveland leads nation in home price growth
Greater Cleveland led the nation in home price appreciation in March, but the metro area’s median prices are still far below the national benchmark. In fact, according to a new report, the Cleveland market has the lowest median sales price among the 40 largest US markets. But that…
Agave Social restaurant to open in Flats
It didn’t take long to land a new tenant for a highly visible restaurant location at Cleveland’s Flats East Bank. Just four months after Beerhead Bar and Eatery closed at 1156 W. 11th St., noted local restaurateurs Alex and Arturo Mendez Martinez have executed a lease for the…
GCRTA gives green signal to rebuild two stations
Greater Cleveland Regional Transit Authority (GCRTA) board members voted yesterday to hire a joint venture to rebuild Cleveland’s East 79th Street station on the Blue and Green light-rail lines. That follows last month’s board vote to hire another contractor to reconstruct the Warrensville-Van Aken Blue Line station in…
West Side Market wins $28 million investment
Cleveland Development Advisors (CDA) and Cleveland Public Market Corporation closed on a $28 million investment package on behalf of West Side Market’s transformation project. The package is the largest ever issued by CDA and will secure the remaining necessary funding for the West Side Market’s $53 million first…
Cleveland is founding city in new pro soccer league
A new women’s professional soccer league is due to launch in 2026 and Cleveland was named as one of its 15 founding markets throughout the USA. Launch of WPSL Pro, the newest professional league in the U.S. soccer organizational pyramid, was formally announced today.
Lakewood church to become church again
Only a decade old, the Lakewood-based King’s Church has acquired its first permanent home by purchasing the former headquarters of the Roundstone Insurance Co. after it relocated to Rocky River last fall. But that former HQ is going back to its originally intended purpose.
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