Trending development, economic & real estate news

Sokolowski’s to be razed for apartments over retail

Two local businessmen are seeking to redevelop the former Sokolowski’s University Inn restaurant property, 1201 University Rd., into a six-story luxury apartment building, if the project is approved by the city of Cleveland as designed. The first step in the city’s design-review process began yesterday as a Tremont…
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Ohio City RTA station site ideas arrive

Representatives of a real estate development partnership have been making the rounds of near-west-side neighborhood block clubs to present conceptual ideas and get feedback for developing land next to the West 25th-Ohio City Red Line Station. But those same representatives caution there is no plan yet and there…
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Guardians buy land, but no ballpark village yet

An affiliate of the Cleveland Guardians baseball team has exercised one of two property acquisition options that were offered when the team extended its lease on Jan. 1 to play at Progressive Field for at least another 15 years. The property acquired is a half-acre parcel next to…
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NOACA seeks Cleveland Amtrak hub

The director of the Northeast Ohio Areawide Coordinating Agency (NOACA), a metropolitan planning organization, today said she intends to submit to the Federal Railroad Administration (FRA) multiple proposed passenger rail routes through Cleveland for inclusion in the Biden Administration’s multi-billion-dollar rail development program.
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Cleveland Clinic formally announces expansion

Citing tremendous growth in the number of patients seeking health care, the Cleveland Clinic Foundation (CCF) today formally announced plans for $1.3 billion worth of facilities expansion worldwide. But most of the new construction is planned for its main campus near University Circle in Cleveland.
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Cleveland development: what to look for in 2024 — Downtown Three big county projects about to advance Largest Hough development in a century Downtown retail revival plan announced