Trending development, economic & real estate news

New HQ may land on Scranton Peninsula

With roughly 80 acres of land, Cleveland’s Scranton Peninsula is practically a blank canvas for a developer to pursue their SimCity dreams along a navigable waterway in the heart of a major city. And someone has just planted a big flag on Scranton Peninsula, the largely vacated expanse …
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Four downtown towers are in the works

The real estate market in Cleveland and especially downtown is shifting into a whole ‘nother gear. Growth of the market combined with the advent of new financing tools, plus the dwindling supply of older office buildings available for residential conversion is making significant new construction more realistic.
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Columbus Road TOD coming into focus for Duck Island

Today, the Greater Cleveland Regional Transit Authority (GCRTA) announced its staff recommendation for who should develop its Duck Island property along Columbus Road south of the Ohio City Red Line rail station. The GCRTA Board of Trustees still must decide whether to approve that recommendation. The proposed team …
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Cleveland’s Tower City may soon become tech hub

Tower City Center, formerly Cleveland’s main railroad passenger station, could soon enter its third incarnation — this time as a $150 million tech hub. Dubbed City Block, the hub would become an incubator for a variety of technology firms, ranging in size from Fortune 100 anchor companies to …
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Ohio City mixed-use project may feature downtown ad firm

An exciting development is in the works for the Hingetown section of Cleveland’s Ohio City neighborhood, according to multiple sources. Although still in a preliminary stage, the development’s concept at this point involves putting the offices for a fast-growing downtown company on the lower floors of a new …
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Greater Cleveland economic, real estate, development, construction news

PearlBrook shopping center to be razed Great Lakes Brewing on the move Ohio megaproject applications released CentroVilla25 may start construction this fall