NEOtrans

The 11-story Baker Building at 1900 E. 6th St. in downtown Cleveland enjoys a brighter future now that it’s in the hands of a deep-pocketed firm. But that future may not be imminent. And the delay has nothing to do with the global pandemic, according to a source…

A site in Cleveland’s Duck Island enclave that has been considered for development for seven years, is back in play again under the stewardship of a real estate firm from Chicago’s suburbs.

Two major development projects in downtown Cleveland could get underway this summer. And we’re not just talking about the 23-story City Club Apartments, the 75 Public Square renovation NEOtrans reported on last November, or the site preparations for Sherwin-Williams’ new headquarters tower on Public Square.

UPDATED MARCH 16, 2020 As successful investor Warren Buffet says, “Be greedy when others are fearful.” So are Greater Cleveland’s real estate developers fearful or greedy as Ohio and the country goes into Coronavirus emergency? And what might be the long-term implications of the pandemic on pending real estate developments?

A legal dispute over a small building at the edge of Sherwin-Williams’ (SHW) new headquarters site in downtown Cleveland has been resolved. But the long-term future of the building at 1350 W. 3rd St. remains in question.

This is the Fifth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.