Trending development, economic & real estate news
200 Public Square to get major updates, new amenities
The pandemic, remote working, tenant downsizing and a flight to quality are challenges facing New York City-based DRA Advisors. In downtown Cleveland, they are fighting those challenges with a 37-year-old skyscraper, 200 Public Square.
Downtown Gateway megaproject coming to light
Although the now-dead nuCLEus plan enticed us with its promise of a large-scale project for seven years, there are growing indications that a potential megaproject in downtown Cleveland’s Gateway District could be even larger.
Aging Shaker Square apartment complexes bought
Last week, a large, Chicago-area investment firm that reinvigorates multi-family properties acquired two aging, mid-rise apartment complexes on Shaker Boulevard just west of Cleveland’s Shaker Square for $12.4 million, according to public records.
Geis doubling its development activity in Hough
With development activity increasing in Cleveland’s Hough neighborhood, one of Greater Cleveland’s largest real estate developers is doubling down on its bet that this community has a bright future.
Seeds & Sprouts XXI – Sweeties Candy, miraculous 86th & Scholar House
This is the Twenty-First edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.
Shaker Square apartments project revived
Citing a lack of a modern apartments at Shaker Square, Paran Management Company Ltd. is reviving its plan for constructing a multi-family building next to the historic mixed-use neighborhood center. But the plans come with a new angle — preserving the historic office and commercial structures at the…
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