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…
Amtrak considers new resources for new train services, including Ohio
If the rail and transit advocacy group All Aboard Ohio had designed proposed initiatives to help jump-start passenger rail development in the nations seventh-most populous state, they would likely look similar to the ones Amtrak is considering now, according to their press release.
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)…
Rents, tours announced for Ohio’s tallest residential tower
The construction crane for The Lumen apartment tower in Cleveland’s Playhouse Square (PHS) came down last month as the skyscraper topped out. Starting next month, the curtain goes up for the marketing and leasing of Ohio’s tallest residential tower.
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…
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.
Greater Cleveland economic, real estate, development, construction news