Trending development, economic & real estate news
Banking on a large East Cleveland development
Cuyahoga Land Bank and First National Bank (FNB) have announced a new partnership to accelerate development in the Circle East District in East Cleveland by supporting homeownership. Since 2022, the land bank has been busily rebuilding this neighborhood next to University Circle from the sewers up.
Miceli Dairy anticipates doubling its employment
When Miceli Dairy Products, 2721 E. 90th St. in Cleveland, broke ground today for the expansion of its new cold storage facilities, it also teased a follow-on project — a planned new research center plus mozzarella cheese manufacturing plant next to the Opportunity Corridor Boulevard. These additions in…
New downtown office tower/data center in the works
Suggesting the construction of an office building in Downtown Cleveland, which is still recovering from the pandemic, seemed like a strange idea. And it was until the listing for it was pulled from marketing sites shortly after NEOtrans wrote about it. Turns out the proposed Two Cleveland Center…
Lakefront funding survives federal scrutiny
After taking office in January, the Trump Administration began scrutinizing recently awarded federal grants. In response, local, state and federal elected officials from Northeast Ohio scrambled. Their goal was to make sure that federal grants awarded to Greater Cleveland agencies weren’t frozen or, worse, terminated.
Warner & Swasey conversion funding not there yet
It’s been a long road for the former Warner & Swasey plant, 5701 Carnegie Ave. in Cleveland’s Midtown neighborhood, to become a useful building again. And while it doesn’t have all of its financial pieces available yet to complete its $52 million puzzle, those last five pieces have…
St. Vincent hospital demo starts; What’s next?
Demolition crews got to work this week taking down St. Vincent Charity Medical Center, 2351 E. 22nd St,, where the southeast side of Downtown Cleveland meets the Central neighborhood. But it won’t be the only demolition in this area in the coming years.
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