Trending development, economic & real estate news
The future of the Cleveland Play House site
Planning and development activities by several large players are pointing toward the need for constructing thousands of housing units in and near the Cleveland Clinic and the nearby booming University Circle area. And while the large number of housing units already under construction in and near University Circle…
GE may demolish historic factory, incubator in Cleveland
A sprawling factory complex on Cleveland’s near-East Side is proposed to be demolished by its owner of the last 130 years, General Electric (GE). The Design Review Committee of Cleveland’s City Planning Commission will hear a presentation this week by GE’s engineering consultant Stantec on why it should…
GCP’s new web tool gives development insights
A new Web-based development tool went live today to give prospective real estate investors more information on where and what is going on around sites in which they may be interested. The tool, developed by the Greater Cleveland Partnership and City Architecture of Cleveland, is available to the…
Solove to start one Lakewood project, abandon another
It’s a case of good news/bad news regarding a Columbus-based real estate developer’s plans for two developments in Lakewood. Both were slated to redevelop former car dealerships plus some adjoining properties with mostly residential uses. The investments by Solove Real Estate were sought in response to strong demand…
Money turning Circle East plan to reality
There have been lots of plans over the decades for stopping the decline of East Cleveland. But most were unfunded or lacked the necessary political stability to be implemented over the long haul. A new plan has come to the fore over the past few years to rebuild…
McDonald Hopkins investing $8M in Fifth Third Center
After announcing its intentions to stay at its current offices in downtown Cleveland, McDonald Hopkins LLC is doing more than just staying put. Last week it submitted architectural documents to the city’s Building Department for an $8 million renovation of its headquarters site. The 92-year-old law firm had…
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