Trending development, economic & real estate news

USL Cleveland soccer stadium site chosen

For 30 years, a forlorn spit of land south of the Inner Belt highway in downtown Cleveland has been eyeballed by different people for different types of sports stadiums. Now, the latest and perhaps most realistic stadium effort has reportedly targeted land owned by the ODOT for a 5,000-plus-seat…
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Ohio City manufacturer bucks housing trend

A stretch of Detroit Avenue in Cleveland’s Ohio City neighborhood, once known as Mariners’ Row for its many boat dealers and boating stores, is quickly becoming home to a number of mid-rise apartment buildings. From The Quarter, Federal Knitting Mills, Mariner’s Watch, Edge 32, to the latest and…
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New Sherwin Williams HQ plans may stir by 2020

By the end of this year, Cleveland coatings giant Sherwin Williams (SHW) plans to issue a request for proposals (RFP) from design-build teams for a new or expanded corporate world headquarters and research facilities. That’s the word from two sources in the development community.
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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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Greater Cleveland economic, real estate, development, construction news

GE may demolish historic factory, incubator in Cleveland Two old Hough walk-ups: two fates Solove to start one Lakewood project, abandon another Greater Cleveland TOD initiative on track