Trending development, economic & real estate news
Data shows downtown residential is hot
Downtown Cleveland’s residential market is on fire based on the occupancy and average rental prices of major buildings, the pace of renting and the oft-debated population growth of downtown.
Flats East Bank plans reveal $84 million project
Conceptual plans for a large Flats East Bank development by Chicago and Cleveland developers were released today.
Cleveland Indians may buy garage for ‘ballpark village’ development
The Cleveland Indians/Guardians may acquire the city-owned Gateway East Garage in 2024-25 and sell or partner with a real estate investor to redevelop it to help raise funds for Progressive Field’s renovation.
Bedrock riverfront joins downtown lakefront in mega-planning
The more things change, the more they stay the same. A century ago, the city of Cleveland was eager to work with the private railroads to replace its undersized, outdated lakefront train station with a glamorous new downtown terminal. The new lakefront station would be a key component…
Court orders Little Italy housing construction halted
Cuyahoga County Common Pleas Court Judge Michael J. Russo issued a preliminary injunction yesterday against parties involved in the development of the long-vacant and neglected Woodhill Supply site, 1862 E. 123rd St. in Cleveland’s Little Italy, with a $15 million mix of townhomes and an apartment building. However…
Gateway live-work apartments planned, more possible
New York City-based real estate firm SomeraRoad is proposing a big addition to several downtown properties it acquired two years ago along Bolivar Road east of East 9th Street and Progressive Field.
According to documents submitted to the city prior to seeking conceptual approval from Cleveland City Planning Commission,…
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