Trending development, economic & real estate news
Sherwin-Williams HQ groundbreaking date set
According to a filing submitted to the city of Cleveland yesterday, Sherwin-Williams has set the date for its headquarters groundbreaking ceremony — two weeks before the city is scheduled to possibly approve it.
The power play property next to Sherwin-Williams’ new HQ site is in play
It’s not much to look at right now, but a five-story commercial building at the southwest corner of St. Clair Avenue and West 3rd Street in downtown Cleveland appears to be the subject of a power play involving the neighboring site of Sherwin-Williams’ proposed global HQ.
Investors putting big money into Glenville
Denver and Cleveland investors acquired 20 Glenville apartment buildings with the intent of renovating them with affordable housing. The investors, Cardinal Housing Group and Salus Development, are committing $16.6 million to property acquisitions and rehabilitations.
Judge rules in favor of city, Little Italy development
Construction on a residential development in Little Italy could restart soon after a judge ruled against a lawsuit filed by two nearby residents.
Stark confirms nuCLEus project is ‘on hold’
A Stark Enterprises executive has confirmed that the firm’s dramatic nuCLEus development planned for downtown Cleveland is on hold after seven years of planning and searching for the right public subsidy to overcome Cleveland’s high construction costs and low rents.
CSU looks to double its on-campus housing
Growing enrollment at Cleveland State University may soon cause visible changes to downtown Cleveland’s landscape. According to two sources close to the university, CSU is in negotiations to acquire two large apartment properties that would allow it to more than double its inventory of on-campus student housing.
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