Trending development, economic & real estate news
38-year-old building wins historic tax credit
Champagne was flowing in the lobby of 45 Erieview as Ohio Department of Development officials announced the winner of the state’s largest historic tax credit — a 38-year-old office building to be converted mostly into high-end housing.
City Club Apartments breaks ground for its first Cleveland project
It wasn’t just the sound shovels hitting the dirt at the City Club Apartments’ groundbreaking ceremony today in downtown Cleveland that was heard. It was also the news that the Farmington Hills, MI developer and owner of multi-family and mixed-use properties was just getting started in establishing a…
A large property near you may be ripe for a jail
Typically, when a government agency needs a property for a new facility, it does an alternatives analysis of all of the properties that meet its criteria. It then ranks them according to that criteria and then pursues acquisition of their preferred property or properties. Not Cuyahoga County.
Little Italy’s largest townhouse project in a decade
So far in the 21st century, Little Italy has seen a large townhouse development get built roughly every decade. One of Northeast Ohio’s largest homebuilders is getting ready to continue that trend.
Latest project may extend West 25th’s density
The latest entry in the frantic pace of development on Cleveland’s near-west side is Realife Real Estate Group’s The Pearl, a seven-story apartment building over parking and a retail space.
Cleveland Flats peninsula finally coming back to life
Friday was a big day for Scranton Peninsula in Cleveland’s Flats. A new brewpub opened in a repurposed industrial structure next to the Cuyahoga River. City Planning Commission gave conditional approval to plans for a new neighborhood that would add more than 300 housing units to the city’s…
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