Trending development, economic & real estate news
River Recycling plant to be rebuilt
A start-from-scratch rebuilding project was launched today following a late-September fire at River Recycling Industries, Inc., 4195 Bradley Rd., in Cleveland’s Old Brooklyn neighborhood. The fire ignited multiple rounds of live bullets that were among spent casings to be recycled along with a propane tank that exploded.
Progress Pics: Ohio City adding hundreds of homes
High construction costs, tariff uncertainties, and changes to city tax abatement policy have brewed skepticism that current development momentum can continue—especially in urban neighborhoods like Ohio City. So one might be surprised to walk around the block and find hundreds of new homes actively under construction.
Ambitious Metroparks riverfront plans to progress
There’s no slowing down the Cleveland Metroparks next year — at least according to updates recently shared with the public. Several projects are under way or proposed that will drastically change the downtown Cleveland riverfront over the next five years. New details and lingering questions paint a picture…
Wade Park Station wins final OK
A Central Ohio developer was awarded millions of dollars worth of tax credits based a conceptual plan for a senior apartment complex called Wade Park Station, located where Cleveland’s University Circle and Glenville neighborhoods meet East Cleveland.
County to spend $865K on new HHS offices
While Cuyahoga County officials contemplate how to address a $20+ million budget shortfall in each of the next two years, the county and its real estate contractors are planning to spend $865,000 to renovate office space at the former Plain Dealer (PD) Plaza, 1801 Superior Ave. in Downtown…
Bridgeworks demolition plan approved by city
There is a saying in real estate deal-making that “November is the month where we ask — are we doing this or not?” The reason is that many in the real estate business want to get deals closed and projects under way before the end of the year.
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