Trending development, economic & real estate news
Browns acquire, razing last house for big Berea project
Today, the Berea Planning Commission is expected to approve the demolition of a house that’s the final structure to be cleared for a $221 million mixed-use development planned by the Cleveland Browns and majority owner the Haslam Sports Group. That last house sold for a premium compared to…
Cleveland-Cliffs commits to skyscraper
Cleveland-Cliffs has put to rest rumors of its headquarters leaving downtown Cleveland’s third-tallest skyscraper for new digs by expanding and extending its lease at 200 Public Square. Not only did Cliffs add more space in the tower to just over 100,000 square feet, but it extended its lease…
Ambassador Theatre building collapses
Despite multiple warnings over the past month by city officials of a potential collapse of the old Ambassador Theatre building, the building partially collapsed into Superior Avenue while a demolition request was due to be heard by a design-review committee in five days. Officials had instead urged an…
A ‘skinny-tall’ may rise in University Circle
A local company with much development experience intends to deliver 52 apartments and multiple retail spaces among two buildings — an historic structure and a new building up to nine stories high at 11619 Euclid Ave. in Cleveland’s University Circle. WXZ Development Inc. of Fairview Park intends to…
Differing views, values on Downtown Lakefront causing Browns to consider Brook Park
As the old saying goes, “Show me your budget — I will tell you what you value.” Along those same lines, if you want to know what Cleveland city officials vs. the owners of the Cleveland Browns want from their returns on investment in the lakefront, show me…
Ohio City is first site for Whalen’s new venture
What does a quarterback like to do? Run a winning team and call his own plays. With that, Cleveland-area native and former football quarterback Dan Whalen is taking the snap from center this week by launching his own real estate development and investment firm — Places Development. Not…
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