Trending development, economic & real estate news

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.
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The Park opens its doors in Tremont

It’s like a secret hidden behind a 19th century Cleveland neighborhood, found only by wandering the back streets of Tremont’s Lincoln Heights section. And just when you’re wondering if you made a wrong turn, The Park jumps out at you like a surprise.
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Another Cleveland-area shopping center sold

For the sixth time this year, another large, multitenant retail center in Greater Cleveland has sold.  JLL Capital Markets announced today that it arranged the $13.8 million sale of Fairview Centre, a 147,602-square-foot, grocery-anchored shopping center in Fairview Park.
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Downtown Lakewood project starts

At long last, construction crews are on location today to begin site preparation for the $115 million Downtown Lakewood mixed-use development called Lakewood Common. It’s a sign of progress that’s been pursued by two mayors and two different developers since the city-owned Lakewood Hospital was closed by Cleveland…
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