Trending development, economic & real estate news
Lakewood tackles infrastructure, housing needs with new construction
While Lakewood lacks the undeveloped greenfield sites that allow outer-ring suburbs to accommodate growth through sprawl, building expansions and infill projects on vacant lots are allowing the historic streetcar suburb to grow its housing supply to meet new demand.
Lakefront’s Mandel Community Trail opened today
Today, officials and community partners celebrated the opening of the Mandel Community Trail, a $12 million, 2.7-mile off-road connection along Cleveland’s east-side lakefront between Downtown Cleveland at East 9th Street and Gordon Park at East 55th Street.
Stalking horse bidder not selected for 925 Euclid
A court-appointed receiver of Downtown Cleveland’s second-largest building has opted not to select a stalking horse bidder prior to a scheduled auction to satisfy a foreclosure action.
CSU seeks new uses for Cole Center
On the same day that Cleveland State University (CSU) celebrated completing the renovation of historic Fenn Tower, another aging property at the east end of its Downtown Cleveland main campus awaits a new, unknown fate.
California-based Kinomatic is Cleveland dreaming
In its first expansion outside of California, health-tech firm Kinomatic leased office space in Downtown Cleveland’s Warehouse District and has plans for growing and leasing a lot more space here.
University Circle rising to become Ohio’s largest employment hub
Construction of high-rise apartment towers are indicative of more than just strength in a housing market. It’s often indicative of strengths of employment and amenities in the immediate vicinity, supported by a walkable setting.
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