Trending development, economic & real estate news
Cleveland soccer stadium to move forward
Cleveland Soccer Group (CSG) today announced plans to build a stadium to host men’s and women’s professional soccer games in Cleveland in 2026, with the proposed development of a new 10,000-seat South Gateway Stadium in Downtown Cleveland. This is intended to coincide with a new announcement in the…
McCafferty site redevelopment in Ohio City revealed
Six weeks ago, city officials announced that they had picked Pennrose, LLC and its proposal to build senior affordable apartments on the current site of the Thomas F. McCafferty Health Center, 4242 Lorain Ave. in Cleveland’s Ohio City neighborhood. Now, with a Pennrose-led development team submitting to the…
GCRTA orders trains for Shaker-Waterfront lines
The Greater Cleveland Regional Transit Authority (GCRTA) has exercised an option to order an additional 18 new Light Rail Vehicles (LRVs) from Siemens Mobility to replace their aging fleet of trains, according to GCRTA and Siemens today. This adds to previous orders, allowing GCRTA to, at minimum, provide…
Lakewood senior housing planned at ex-theater site
The site of the former Hilliard Square Theater that closed in 1988 and was demolished in 2017 could become an affordable senior housing development if its developers win highly competitive Low-Income Housing Tax Credits (LIHTC) and a loan from the state.
Staff reductions to hit Sherwin-Williams HQ
With Sherwin-Williams due to move into its new headquarters tower in Downtown Cleveland later this year, there may be fewer managers making that move. That’s according to two company sources who told NEOtrans on the condition of anonymity that Sherwin-Williams is downsizing its headquarters staff, primarily through early…
Shaker Square demolition to avail housing site
Although the demolition of an historic retail strip in Cleveland’s Shaker Square district was on Landmarks Commission’s docket, much of the panel’s discussion focused on what might follow the demolition. Ultimately, the commission unanimously approved razing the two-structured Van Aken Plaza located at 2742-2782 Van Aken Blvd. for…
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