Trending development, economic & real estate news

Ambassador Theatre building collapses

Despite multiple warnings over the past month by city officials of a potential collapse of the old Ambassador Theatre building, the building partially collapsed into Superior Avenue while a demolition request was due to be heard by a design-review committee in five days. Officials had instead urged an…
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A ‘skinny-tall’ may rise in University Circle

A local company with much development experience intends to deliver 52 apartments and multiple retail spaces among two buildings — an historic structure and a new building up to nine stories high at 11619 Euclid Ave. in Cleveland’s University Circle. WXZ Development Inc. of Fairview Park intends to…
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Ohio City is first site for Whalen’s new venture

What does a quarterback like to do? Run a winning team and call his own plays. With that, Cleveland-area native and former football quarterback Dan Whalen is taking the snap from center this week by launching his own real estate development and investment firm — Places Development. Not…
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Bridgeworks eyes late-summer groundbreaking

A representative of a development partnership told the city’s Board of Zoning Appeals (BZA) yesterday that the long-awaited Bridgeworks development in Cleveland’s Ohio City’s neighborhood could “hopefully” see a groundbreaking ceremony by late summer. But there are still a few more hurdles to clear before that happens, including…
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Greater Cleveland economic, real estate, development, construction news