Trending development, economic & real estate news
New downtown office tower/data center in the works
Suggesting the construction of an office building in Downtown Cleveland, which is still recovering from the pandemic, seemed like a strange idea. And it was until the listing for it was pulled from marketing sites shortly after NEOtrans wrote about it. Turns out the proposed Two Cleveland Center…
Lakefront funding survives federal scrutiny
After taking office in January, the Trump Administration began scrutinizing recently awarded federal grants. In response, local, state and federal elected officials from Northeast Ohio scrambled. Their goal was to make sure that federal grants awarded to Greater Cleveland agencies weren’t frozen or, worse, terminated.
Warner & Swasey conversion funding not there yet
It’s been a long road for the former Warner & Swasey plant, 5701 Carnegie Ave. in Cleveland’s Midtown neighborhood, to become a useful building again. And while it doesn’t have all of its financial pieces available yet to complete its $52 million puzzle, those last five pieces have…
St. Vincent hospital demo starts; What’s next?
Demolition crews got to work this week taking down St. Vincent Charity Medical Center, 2351 E. 22nd St,, where the southeast side of Downtown Cleveland meets the Central neighborhood. But it won’t be the only demolition in this area in the coming years.
Will a Brook Park stadium hurt efforts to maintain Gateway? Apparently the Cavs think so.
Support for the planned domed stadium in Brook Park by the Greater Cleveland Partnership (GCP), announced earlier this week, has ruffled a few feathers. And it’s not just those that were expected to be ruffled — Cuyahoga County and City of Cleveland officials, Downtown Cleveland Inc., and others….
Glenville, Hough, Ohio City housing wins big
Two new Cleveland housing construction projects and one renovation won coveted, highly competitive 9 percent Low Income Housing Tax Credits (LIHTC) from the Ohio Housing Finance Authority (OHFA) today. The awards promise a big financial boost to each of the projects which are located in the Glenville, Hough…
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