Renovation work for The Arch at St. Michael is a day old. The funding program to pay for the renovations is 50 years old. And the Gothic Revival beauty located in Cleveland’s South Tremont neighborhood that will gain new life from the work is 118 years old. Combined, the milestones involved a lot of celebrating.
Read MoreThe Arch at St. Michael gets underway Read More »
On most other plots of land, adding 17 homes to it would be noticeable from the street. But if a proposed expansion of the Market District Lofts in Cleveland’s Ohio City neighborhood happens, it might be the most below-the-radar residential development in the urban core since The Residences at The Guardian condominiums opened downtown. And the same developer is involved in both.
Read MoreMarket District Lofts in Ohio City to expand Read More »
A U.S. Tax Court judge in Washington D.C. has agreed with the Internal Revenue Service (IRS) in disallowing a $22.6 million tax deduction claimed by Corning Place Ohio, LLC for not building a 34-story vertical addition on top of its 19th-century Garfield Building, 1965 E. 6th St., in Downtown Cleveland. Senior Judge Albert George Lauber also sustained the IRS commissioner’s imposition of a 40 percent penalty for a “gross valuation misstatement” in seeking the deduction.
Read MoreDowntown property owner penalized for tax credit ‘double-dipping’ Read More »
At an emergency meeting held yesterday, Cuyahoga Land Bank’s board of directors appointed Ricardo León as interim president of the organization after the sudden passing of its longtime leader and founder Gus Frangos last weekend.
Read MoreCuyahoga Land Bank appoints León interim prez Read More »
When you first walk into the lobby of the Skyline 776 tower, 776 Euclid Ave., you realize you’re not in your usual Downtown Cleveland apartment high-rise anymore. Of the 11 downtown apartment buildings of 20 stories or more that preceded it, each has varying degrees of luxury or lack of same. And most tried to either highlight the architectural era in which they were built, or simply present the most modern appearances possible.
Read MoreSkyline 776 tower fills while under construction Read More »
The Cuyahoga County Land Reutilization Corp., known simply as the Cuyahoga Land Bank, has secured multiple funding awards from the Ohio Department of Development’s Brownfield Remediation Program for demolishing more than 1,100 structures, mostly blighted single-family homes in Cleveland and East Cleveland. But there are also multiple funding awards for cleaning up polluted industrial sites so they can be redeveloped for new housing and jobs.
Read MoreCuyahoga County cleans up with brownfield bucks Read More »
One day after NEOtrans broke the news that the Cleveland Browns’ home games would be moved from Downtown Cleveland to a proposed domed stadium in suburban Brook Park (and why), the football team’s owner Haslam Sports Group has made it official.
Read MoreHaslams reveal Brook Park domed stadium plans Read More »
In the coming weeks, the owners of the Cleveland Browns will reveal their plans to build a $3.6 billion domed stadium and associated development in the Cleveland suburb of Brook Park. According to public sector sources familiar with the plans, owners Jimmy and Dee Haslam have their capital funding identified for the stadium and a small first phase of development.
Read More
Faced with a difficult financial situation involving multiple development projects nationwide, City Club Apartments of Farmington Hills has sold its interest in the nearly completed 23-story mixed-use tower at 776 Euclid Ave. in Downtown Cleveland. The buyer was its primary financial backer, Detroit-based Finance Michigan. And, as a result of the change, the building will be rebranded as “Skyline 776.”
Read MoreCity Club Apts has new owner, Skyline 776 name Read More »
Mayor Justin Bibb and his lakefront development team are inviting the community to a Lakefront Future Forum scheduled for from 4-7 p.m. Aug. 5, on Mall C in Downtown Cleveland. The site is located between City Hall, 601 Lakeside Ave. and the old Cuyahoga County Courthouse, across from the entrance of the Huntington Convention Center of Cleveland.
Read MoreCleveland hosting Lakefront Future Forum Aug. 5 Read More »
