Trending development, economic & real estate news

Condos to rise at Avenue District this fall

Geis Companies reportedly is on an aggressive timetable to build a five-story, 31-unit condominium building in downtown Cleveland, eyeing a possible fall groundbreaking if it can get city approvals in a timely manner.
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It’s official: Westinghouse redevelopment fizzles

A principal of the real estate development firm that was pursuing renovation and redevelopment of the Westinghouse Electric and Manufacturing Co., 1200 W. 58th St., confirmed that the firm has decided not to go forward with the project.
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Westinghouse, Blanket Mills conversions face adversity

Many of us don’t get to see the behind-the-scenes activity that developers go through in renovating old buildings. We get to see the work being done on the outside of buildings and, if we peer through the windows, we can see the construction work being done inside.
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City Club tower nearly ready to rise on Euclid Ave.

The Michigan-based chain of City Club Apartments is nearly done amassing its capital stack for a proposed 22-story residential tower at 720 Euclid Avenue. The firm reportedly feels confident enough that it can close the small, remaining gap in financing to target “early 2020” for a possible groundbreaking…
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HQ, R&D search shrouded in a fog of Sherwin-Williams rumors

If you try to go whaling in the ocean of rumors for Sherwin Williams’ (SHW) headquarters and research/development facilities, bring two things with you: hip waders and a fog lamp. Unfortunately, at this early stage, neither of those are going to help you make much sense of so…
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Here come Cleveland’s mid-rises!

Proposed skyscrapers invariably overshadow smaller building projects when it comes to attracting media attention. But mid-rise new-construction projects far outnumber their loftier counterparts in Greater Cleveland. So here’s an inventory of planned mid-rise projects in the region.
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