Trending development, economic & real estate news

Shaker Square commercial district sold

Community developments groups Cleveland Neighborhood Progress and Burten Bell Carr Development have purchased the historic Shaker Square shopping center. The sale keeps the property under local, community-minded ownership and triggers a process by which deferred maintenance issues can be addressed and a strategy can be developed that will…
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City seeks $15.7 million East 66th corridor boost

In 2012, backers of and participants in a study of improving the East 66th Street corridor in Cleveland’s Hough and MidTown neighborhoods probably couldn’t imagine how much development would be happening over the next decade along this long-neglected corridor. Many of those same stakeholders are now seeking a…
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Campaign arrives to expand Cleveland Amtrak service

The Northeast Ohio Areawide Coordinating Agency (NOACA), Downtown Cleveland Alliance (DCA) and Cleveland Neighborhood Progress (CNP) are advocating to expand Cleveland’s Amtrak service into a central passenger rail line. As the economic powerhouse of Northeast Ohio, Downtown Cleveland is home to the state’s largest jobs hub and residential…
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PearlBrook shopping center to be razed

An historic retail strip where Cleveland meets Parma, but was often better known for its cinematic and musical neighbors, is due to be demolished. In place of the PearlBrook shopping center will be a Sheetz gas station and convenience store, plus some identified future development just north of…
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CentroVilla25 may start construction this fall

It has been years in the making, but things are finally starting to come together with CentroVilla25. Building permits were filed with the city last week for the start of construction that will turn a vacant warehouse at 3140 W. 25th St. into a center of Hispanic culture,…
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Bedrock: downtown streetscapes coming

Cleveland was once called the “Forest City” because of its many large, healthy trees along its major thoroughfares. One would never know that today after 150 years of industrialization and then neglect in the city’s post-industrial era. Now, there are many parts of the city that are devoid…
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