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Cleveland Thermal target of acquisition

As Dan Gilbert’s real estate firm gets ready to roll out the details of phase one of its riverfront development, a neighboring fixture on the banks of the Cuyahoga River since 1894 may not be around much longer. The long-closed Cleveland Thermal steam heating plant, 2274 Canal Rd.,…
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Old Brooklyn Lofts gets early OK

A Parma real estate investor and his development team won conceptual approval yesterday from a local design review panel to convert the vacant, century-old Independent Order of Odd Fellows Temple at 3409 Broadview Rd. in the heart of Cleveland’s Old Brooklyn neighborhood into 10 loft-style apartments. The team…
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Ohio City buildings to be razed for Bridgeworks

Two historic buildings are proposed to be torn down for a 16-story, mixed-use development in Cleveland’s Ohio City neighborhood, despite information that financing, including the use of air rights, for the high-rise is still being finalized. A demolition permit application was filed Aug. 4 by architects for Bridgeworks…
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Bedrock to start riverfront work

A company owned by billionaire Dan Gilbert has secured a permit from the U.S. Army Corps of Engineers for the reconstruction of bulkheads along the edge of the Cuyahoga River, a federal navigation channel. The approved work will be one of the first tangible pieces of Detroit-based Bedrock…
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Erieview, Galleria redo: steps forward, back

A $193 million redevelopment of half-empty Erieview Tower and its associated and similarly vacated Galleria shopping mall, 1301 E. 9th St.,  is the first big project to request a scaled-down tax abatement from the city under Mayor Justin Bibb’s new abatement policy. That policy reduces the amount of…
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GCRTA stations: lots of opportunity

In recent months, the Greater Cleveland Regional Transit Authority (GCRTA) has served notice that its rail system isn’t going anywhere. And that could be interpreted in one of two ways. In one way, GCRTA plans to invest $540 million by the end of this decade to rebuild its…
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