Trending development, economic & real estate news
45 Erieview sale, financing closes
A zombie is about to be slayed thanks to a property transfer and a development partnership that got good news this week. That zombie is 45 Erieview, the former Ohio Bell headquarters in downtown Cleveland at the southeast corner of East 9th Street and Lakeside Avenue.
NRP Group’s renews plans for Scranton Peninsula
One month ago, NEOtrans published news from two sources that NRP Group would reactivate its plans for a development with 300-plus residences on Scranton Peninsula in Cleveland’s Flats. Tomorrow, those plans are being presented to the City Planning Commission for final approval.
A variant of Bedrock’s Hudson’s Site in Cleveland?
NEOtrans is receiving word that the proposed Bedrock megaproject in downtown’s Cleveland Gateway District may be comparable in scale to a major development in downtown Detroit. When asked how big Bedrock’s planned development in downtown Cleveland might be, two sources close to the Detroit-based firm said “Look at…
Playhouse Square to write Act II to The Lumen
Before the pandemic, Playhouse Square Foundation officials said if leasing at The Lumen meets or exceeds their expectations, they would consider an encore. The Lumen has been a towering achievement.
Lakewood Spitzer site sold, groundbreaking this year
Construction is due to start later this year on the first of two mixed-use developments on Detroit Avenue in Lakewood by a Columbus-based real estate firm.
Busy Old Brooklyn corner ID’d for redevelopment
Financing could be secured this spring for the redevelopment of the northwest corner of Pearl and Memphis in the heart of Cleveland’s Old Brooklyn. But a casualty of the investment would be the 119-year-old St. Luke United Church of Christ.
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