Trending development, economic & real estate news

Cleveland Clinic, Fairfax seek homes, biz & opportunity

UPDATED MARCH 11, 2020 As more sections of the 3-mile, $330 million Opportunity Corridor Boulevard open, more stakeholders are pursuing real estate opportunities. That’s especially true where the first two sections have opened, from East 93rd Street north to Chester Avenue. Work is moving forward on the third and…
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Circle Square plan was big, gets bigger

When Midwest Development Partners first announced its Circle Square plan five years ago, then-called University Circle City Center or UC3, it was considered bold and ambitious. Cleveland in 2015 was still shaking off the body blows it took from the Great Recession and even from the early-2000s recession before…
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Megaproject tax credit slowed by Primary, Larrys’ feud

A bill intended to provide significant capital to megaprojects in Ohio’s largest urban areas and lesser assistance to real estate developments in smaller communities has sped up and slowed down at various times over the past few years. Now, Substitute Senate Bill 39, the Transformational Mixed-Use Development (TMUD)…
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