A big retailer is opening at Steelyard Commons, renovations work for AJ Rocco’s new restaurant are about to progress, Hemingway Development bets on Midtown offices, and the inside of a West Side leather shop is about to be renovated.
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While Lakewood waits on the Downtown Lakewood development, a mostly residential development could come to this inner-ring suburb’s former office and current retail district even sooner. According to Lakewood city officials and Cuyahoga County records, a Brooklyn, NY-based developer has acquired the seven-story Lakewood Center West at the northeast corner of Detroit and St. Charles avenues for $2.4 million. The developer told NEOtrans that they envision 60-70 apartments on the upper floors and will retain the ground-floor and basement commercial tenants.
Read MoreIt’s official: Lakewood Center West sells Read More »
The City of Cleveland Heights and its development partner, Flaherty & Collins Properties, announced the real estate and financial “closing” for the Cedar Lee Meadowbrook project, clearing the way for construction to commence in the coming weeks. It’s the second major project for the Indianapolis-based developer in the eastern inner-ring suburb of Cleveland.
Read MoreCleveland Hts Cedar Lee Meadowbrook ‘A done deal’ Read More »
A significant building in downtown Cleveland’s theater district is proposed to undergo a transformation that would convert nearly half of the structure to residential and add a high-profile office tenant. The Bulkley Building, or simply The Bulkley, 1501 Euclid Ave., is not only owned by the Playhouse Square Foundation but is also the site of the foundation’s offices.
Read MoreHalf of Bulkley Building to be residential Read More »
New data from a leading North American real estate services firm shows that Greater Cleveland had the smallest number of new apartment units under construction in the USA in the fourth quarter of 2022. That snapshot of construction activity in America’s multi-family rental market shows that, not only is Greater Cleveland lagging way behind the nation’s largest metropolitan areas in adding new apartments, it’s also lagging behind many of its peer metros. The report comes as the City of Cleveland considers reducing its financial incentives for new developments.
Read MoreCleveland adds fewest apartments among major metros Read More »
Two Greater Cleveland historic rehabilitation projects got an unexpected boost this week to the tune of nearly $7.2 million. The Taylor Tudors portion of a larger development in Cleveland Heights plus a renovation of McKinley School in Cleveland’s Westown Neighborhood were beneficiaries of an oversight by the Ohio Department of Development (ODOD).
Read MoreTwo Cleveland-area projects win millions Read More »
Chicago-based Leopardo Companies is already making a name for itself in Cleveland by serving as the construction manager of two major development projects in downtown. But while some construction companies might be content with overseeing a couple of big building projects in a secondary market like Cleveland before moving on to the next opportunity somewhere else in the country, Leopardo has different ideas.
Read MoreChicago builder expands to Cleveland Read More »
On March 28, Cuyahoga County Council is expected to vote on a proposed $2 million loan that could finally close a persistent funding gap on the planned $103.7 million Bridgeworks development. The investment would allow site demolition and construction to start as early as this spring, putting a 15-story building at the west end of the Detroit-Superior Bridge in the booming Hingetown section of Cleveland’s Ohio City neighborhood.
Read MoreOhio City high-rise may get loan, start date Read More »
With the paint still drying on its latest development along Lorain Avenue in Cleveland’s Ohio City neighborhood, real estate developer My Place Group is already planning its next investments which would extend that thoroughfare’s rebirth westward. Conceptual plans are being shopped around and among community stakeholders to get their input on two new developments that would add a total of 201 apartments plus additional ground-level retail spaces to the section of Lorain between West 44th and West 52nd streets.
Read More201 more apartments for Lorain Ave. Read More »
Groundbreaking is due in mid-March for The Apartments At Bolivar in downtown Cleveland. A former factory on East 45th Street in Asiatown is being renovated into the Belden Building artist studios. And the Pizza Hut at Detroit Avenue and West 117th Street will be demolished for an Urgent Care Center.
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