Trending development, economic & real estate news

Lorain Road corridor wins transit planning grant

In a continuing effort to create more affordable housing and transportation choices for Americans, the Biden-Harris Administration and the U.S. Department of Transportation’s Federal Transit Administration (FTA) yesterday announced $17.6 million in grants going to 20 communities in 16 states to support equitable Transit-Oriented Development (TOD). Greater Cleveland…
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Lake Erie island stadium concept floated

Borrowing on the 1970s plan for a Lake Erie jetport, NEOtrans has learned that a $10 billion stadium concept considered for professional football in Cleveland could involve an off-shore site as well as its island gaining potential sovereign status and inclusion in a longstanding free trade program with…
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Three redevelopments to boost Cleveland’s Lee-Harvard

Three large redevelopment sites totaling nearly 20 acres in Cleveland’s Lee-Harvard neighborhood are the subject of city efforts to focus investment on them. The effort is intended to reverse decades of disinvestment that has occurred on Cleveland’s southeast side by producing jobs, new housing and catalyzing more investment….
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Ohio City megaproject nearly ready for roll-out

As early as next month, plans may go public for a significant mixed-use development on the largest undeveloped site in Cleveland’s booming Ohio City neighborhood. Sources familiar with the project said the release of plans for the development, first confirmed by NEOtrans in October 2023, was delayed as…
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Sherwin-Williams HQ delayed into 2025

Sherwin-Williams’ headquarters construction management team had hoped to enclose its new 616-foot-tall office tower in Downtown Cleveland by spring. But with April right around the corner, the building has not yet reached that milestone. While delays are happening to a lot of building projects due to supply constraints,…
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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