Trending development, economic & real estate news
Federal Building renovations halted
NEOtrans has learned that, not only does the Trump Administration intend to close the Anthony J. Celebrezze (AJC) Federal Building in Downtown Cleveland, the agency responsible for federal real estate has reportedly suspended building renovations in-progress. That also means federal taxpayers may have to eat millions of dollars…
Chick-fil-A opening first storefront in Cleveland
Amid all of the big development news happening around town, there’s lots of smaller commercial projects that can have a big impact on individual neighborhoods. And nearly all of these are new or expanded commercial offerings that are due to pop up on the landscape in the coming…
Metroparks seeks to redevelop riverfront lands
When the Cleveland Metroparks began seeking state funds in January to help clean up and possibly demolish a 19th-century flour mill in the Flats, there was a bit of a pushback. The Metroparks, which has done a lot of demolition along the Cuyahoga River to create public spaces,…
Slavic Village site quietly back on the market
It’s not the first time Morabito Companies has had its large swath of land in Cleveland’s Slavic Village be put on the market for development. But it is the first time they’re trying it as a FSBO, or for sale by owner — without listing it via a…
Rock Hall weighs options for expansion encore
Construction is well underway on the Rock and Roll Hall of Fame and Museum’s $150 million expansion at Downtown Cleveland’s North Coast Harbor. But after the new addition opens at the end of 2026, Rock Hall officials, in looking at their now-landlocked surroundings, are wondering where the museum…
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…
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Greater Cleveland economic, real estate, development, construction news