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Watterson-Lake development awarded financing

Key pieces of financing were awarded this week to a significant development planned on the south side of the intersection of Detroit and Lake avenues in Cleveland’s Detroit-Shoreway neighborhood. There, a 136-unit affordable housing project could see construction start by early next year on the site of the…
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Haslam’s mini-downtown – at Brook Park or Burke?

The Haslam Sports Group plans more than a billion dollars worth of new development surrounding their proposed new domed stadium. But is that necessarily going to be in the Cleveland suburb of Brook Park? With an emerging effort by city officials to close and redevelop Burke Lakefront Airport,…
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Severance Center remake in the works

Severance Town Center is considered by Cleveland Heights Mayor Kahlil Seren as his community’s greatest development opportunity and challenge. That challenge has been taken on by MPACT Collective of Long Island, NY by signing a master developer agreement with Namdar Realty Group which owns much of Severance Center’s…
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Ohio Capital Budget’s Cuyahoga County projects

Ohio Gov. Mike DeWine said he is eager to sign the largest capital budget in the state’s history. This $4.2 billion goody bag of Senators’ and Representatives’ gifts to their constituents was passed yesterday, resulting from a strong economy and robust tax revenues that fed a record budget…
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Cleveland, NE Ohio projects win historic tax credits

From Downtown Cleveland to the suburbs to outlying cities in Northeast Ohio, nearly a dozen planned redevelopments of aging buildings were blessed with historic tax credits from the state. They were among 35 awards totaling more than $68 million to preserve dozens of historic buildings in 12 communities…
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