Trending development, economic & real estate news

Playhouse Square arrives at Greyhound Station

Playhouse Square Foundation this week closed a deal to acquire the Greyhound station in Downtown Cleveland to expand the theater district northward and convert the station into an entertainment/dining venue, according to a source familiar with the transaction. While Playhouse Square officials were mum on their plans, a…
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Cleveland planners OK 150-foot-tall billboard in Flats

Cleveland City Planning Commission today approved placing a 150-foot-tall pole-mounted billboard at a Flats East Bank property owned by an affiliate of controversial local businessman Tony George. It is the second of three billboards that George has received city permission to build in order to fulfill a court-approved…
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Ohio City retail defies recent trends

This spring, the flowers aren’t the only things blooming in Cleveland’s Ohio City neighborhood. So are the new stores and plans for more, including restaurants and cafes. While many new and renovated buildings have opened elsewhere in the city, their ground-floor retail spaces tend to fill with a…
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Lorain Road corridor wins transit planning grant

In a continuing effort to create more affordable housing and transportation choices for Americans, the Biden-Harris Administration and the U.S. Department of Transportation’s Federal Transit Administration (FTA) yesterday announced $17.6 million in grants going to 20 communities in 16 states to support equitable Transit-Oriented Development (TOD). Greater Cleveland…
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Lake Erie island stadium concept floated

Borrowing on the 1970s plan for a Lake Erie jetport, NEOtrans has learned that a $10 billion stadium concept considered for professional football in Cleveland could involve an off-shore site as well as its island gaining potential sovereign status and inclusion in a longstanding free trade program with…
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Three redevelopments to boost Cleveland’s Lee-Harvard

Three large redevelopment sites totaling nearly 20 acres in Cleveland’s Lee-Harvard neighborhood are the subject of city efforts to focus investment on them. The effort is intended to reverse decades of disinvestment that has occurred on Cleveland’s southeast side by producing jobs, new housing and catalyzing more investment….
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Greater Cleveland economic, real estate, development, construction news

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Cleveland development: what to look for in 2024 — Downtown Three big county projects about to advance Largest Hough development in a century Downtown retail revival plan announced