Trending development, economic & real estate news

IMG Center hits the market

An aging but mostly full office building in downtown Cleveland has hit the market at the request of its court-appointed receiver. The 57-year-old IMG Building, 1360 E. 9th St., may be approaching the end of its nearly three-year-long foreclosure case in Cuyahoga County Common Pleas Court.
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Next Ohio City high-rise in the works

Successful leasing of apartments at the INTRO mixed-use project is encouraging its developer to pursue a 15- to 16-story high-rise with its next phase of the Market Square development, across the street from the West Side Market.
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ODOT Inner Belt plan gets city pushback

Yesterday, Cleveland’s City Planning Commission unanimously tabled a request by the Ohio Department of Transportation (ODOT) for consent to construct improvements to the Central Interchange, where Interstate 77 ends and connects with Interstate 90 in downtown Cleveland.
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Studio West 117 campus plan grows

What started out with two significant real estate purchases on either side of West 117th Street in Cleveland and Lakewood by a development partnership has since expanded to seven properties. And what was originally a $75 million vision for renovating the old Phantasy Theater complex called Studio West…
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Library Lofts construction starts

Two months before its official groundbreaking is scheduled to be held, construction work has started on the next new building in Cleveland that’s big enough to put another tower crane in the sky over booming University Circle.
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