Trending development, economic & real estate news
Cleveland’s Variety Theatre is for sale
The Variety Theatre, 11816 Lorain Ave. in Cleveland’s Westown neighborhood, has had multiple owners and uses in its 98-year history. It’s about to have a new one as its owner has put the property up for sale this week.
Cleveland wins second big lakefront grant
Today, the city of Cleveland announced that it was awarded $69.3 million from the U.S. Department of Transportation (USDOT) for its ambitious downtown lakefront redevelopment. This is the second major federal grant for the downtown lakefront since October when the city was awarded $59.7 million from the USDOT….
Carriage Co. rebirth gets partial OK, start date
Redevelopment of a vacant factory complex in Cleveland’s Ohio City neighborhood into a mixed-use property is on an “aggressive” timeline to get underway. But the Landmarks Commission said it needed more design details about new windows and exterior doors before it could sign off on the entirety of…
Higley hits a hundred in 2025
Back in 1925, Albert Higley Sr. did what the founders of many new companies owners did. He started building small. But unlike many new companies, his Cleveland-based construction firm didn’t stay small for long. Now, 100 years later, The Albert M. Higley Co. also known as AMHigley, is…
First Interstate to renovate UC apartment building
This summer, an aging but well-located building in the heart of Cleveland’s booming University Circle will get a needed refreshing to help it compete with new apartment buildings nearby. The University East Building, 11308-11330 Euclid Ave., will get that attention now that it is under the long-term management…
Depot on Detroit arriving, traffic calming next?
In two weeks, the board of the Greater Cleveland Regional Transit Authority (GCRTA) is expected to approve the sale of land for a planned apartment building just west of the West Boulevard rapid transit station in Cleveland’s Edgewater-Cudell neighborhood. But that development is renewing interest in a neighborhood…
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