Trending development, economic & real estate news

The Park opens its doors in Tremont

It’s like a secret hidden behind a 19th century Cleveland neighborhood, found only by wandering the back streets of Tremont’s Lincoln Heights section. And just when you’re wondering if you made a wrong turn, The Park jumps out at you like a surprise.
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Another Cleveland-area shopping center sold

For the sixth time this year, another large, multitenant retail center in Greater Cleveland has sold.  JLL Capital Markets announced today that it arranged the $13.8 million sale of Fairview Centre, a 147,602-square-foot, grocery-anchored shopping center in Fairview Park.
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Downtown Lakewood project starts

At long last, construction crews are on location today to begin site preparation for the $115 million Downtown Lakewood mixed-use development called Lakewood Common. It’s a sign of progress that’s been pursued by two mayors and two different developers since the city-owned Lakewood Hospital was closed by Cleveland…
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St. Clair-Superior is Mandel’s next big bet

If you’ve noticed the Jack, Joseph and Morton Mandel Foundation’s name on some recent, significant investments in Cleveland’s St. Clair-Superior neighborhood, that’s not just because applicants from that area happened to submit some compelling grant requests at roughly the same time.
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