Trending development, economic & real estate news

Circle Square plan was big, gets bigger

When Midwest Development Partners first announced its Circle Square plan five years ago, then-called University Circle City Center or UC3, it was considered bold and ambitious. Cleveland in 2015 was still shaking off the body blows it took from the Great Recession and even from the early-2000s recession before…
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Megaproject tax credit slowed by Primary, Larrys’ feud

A bill intended to provide significant capital to megaprojects in Ohio’s largest urban areas and lesser assistance to real estate developments in smaller communities has sped up and slowed down at various times over the past few years. Now, Substitute Senate Bill 39, the Transformational Mixed-Use Development (TMUD)…
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City Block project at Tower City faces challenges post-SHW

One of the downtown properties in the running for Sherwin-Williams (SHW) headquarters plus research and development (HQ+R&D) facilities was Bedrock Cleveland’s Tower City Center. But when SHW chose to put its HQ elsewhere downtown and its R&D facilities in Brecksville, Bedrock lost out on landing a major anchor tenant…
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Fulton Road deadzone to be enlivened by trails, rails & housing

ARTICLE UPDATED ON FEB. 25, 2020 Between Cleveland’s growing Ohio City and Clark-Fulton neighorhoods is a deadzone of railroad tracks, a 10-lane Interstate highway, scrap recycling businesses and two historic cemeteries. But efforts are gearing up to pump new life into this area.
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Cleveland Hts Cedar Lee Meadowbrook ‘A done deal’ Half of Bulkley Building to be residential Cleveland adds fewest apartments among major metros Cleveland Habitat for Humanity opens first union-built home