Trending development, economic & real estate news
Bedrock defers to others on riverfront
Bedrock has something that few other investors in downtown Cleveland have — about 35 acres of prime, developable land, mostly along the riverfront below Tower City Center. But unlike many other downtown land owners with hopes for the future, they have no intention of developing anything themselves, be…
Berkadia to expand at Key Tower
By the end of this year, commercial loan originator Berkadia Commercial Mortgage will be showing off its greatly expanded offices on the 14th floor of Key Tower, 127 Public Square. And that expansion offers a couple of statements about Greater Cleveland’s economy in general and downtown Cleveland in…
Blue Abyss may build $250m research center here
A British company, Blue Abyss Diving Ltd., is pursuing the development of a new research center devoted to deep sea and space research in the Cleveland suburb of Brook Park on land next to NASA Glenn Research Center. The project, with a total estimated price tag of $250…
From Kyiv to Cleveland, art firm HQ moves
Founded in Ukraine nearly two decades ago, Dion Art has been expanding thanks to stunning, innovative public art projects and a stabilizing, growing nation. When that growth slowed to a trickle a year ago when Russia began its all-out invasion of Ukraine, its founder and his friend made…
Irishtown Bend Park stakeholders announce deal for George property
Partners working together on the transformational Irishtown Bend project have reached a tentative settlement agreement following a lawsuit by an affiliate of the George family against the use of eminent domain to acquire their land for the project. Terms of the deal were not fully disclosed at this…
Seeds & Sprouts XXVIII – Big retailer to Steelyard, AJ Rocco’s progresses, Hemingway bets on offices, Leather shop reno, Bakery to Euclid Ave
A big retailer is opening at Steelyard Commons, renovations work for AJ Rocco’s new restaurant are about to progress, Hemingway Development bets on Midtown offices, and the inside of a West Side leather shop is about to be renovated.
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