There’s good news and there’s uncertain news when it comes to the latest skyscraper planned for Cleveland’s booming cultural district, University Circle, and specifically for the megaproject site called Circle Square.
Read MoreNew UC skyscraper approved by city Read More »
The development team for Circle Square, a district bringing more than one million square feet of mixed-use development to market in Cleveland’s booming University Circle, is about to introduce its latest addition to this booming district. And that addition, at the southeast corner of Chester Avenue and Stokes Boulevard, will challenge Circle Square’s The Artisan for the tallest building in Cleveland’s “second downtown.”
Read MoreNew skyscraper planned for University Circle Read More »
Back when Cleveland was an industrial powerhouse, few wanted to live near its dirty, noisy industries. Today, its largest source of employment is the education and health services sector — a cleaner industry to which it’s attractive to live within a short walk or bike ride. It is centered in and near University Circle, surrounded by long-neglected neighborhoods. But investment has been coming into those places — Hough, Fairfax, Glenville, Cleveland Heights’ Top of the Hill, and East Cleveland’s Circle East — bolstering them as neighborhoods of choice.
Read MoreCleveland development: what to look for in 2024 — University Circle Read More »
When Circle Square won a megaprojects tax credit earlier this month from the state, it helped set the financial foundations for the next structures in the massive undertaking in Cleveland’s University Circle. Already, Circle Square’s developers have forever changed the skyline of Cleveland’s second downtown. But more is about to come along Stokes Boulevard, between Euclid and Chester avenues.
Read MoreCircle Square: looking ahead Read More »
While a complete list of applicants for so-called “megaproject” tax credits won’t be available until sometime next week, NEOtrans has learned who a few of the local applicants are and aren’t, including at least one surprise. The deadline was today at 5 p.m. for submitting applications to the Ohio Department of Development for the second round of Transformational Mixed Use Development (TMUD) tax credits that could total $100 million.
Read MoreMegaproject candidates — a partial list Read More »
Two months before its official groundbreaking is scheduled to be held, construction work has started on the next new building in Cleveland that’s big enough to put another tower crane in the sky over booming University Circle.
Read MoreLibrary Lofts construction starts Read More »
Today, the five-member Ohio Tax Credit Authority board awarded $100 million in tax credits to Transformational Mixed Use Developments (TMUD) to 13 applicant projects throughout Ohio. Of the 42 projects statewide and nine from Greater Cleveland that were submitted for credits, four received a total of $53 million in funding.
Read MoreLocal megaprojects win, miss TMUD awards Read More »
A revised agreement may allow the 11-story Library Lofts in University Circle to break ground as early as next month.
Read MoreLibrary Lofts returns from being overdue Read More »
It’s going to be a little while longer before the developers of 42 projects, many of them megaprojects, across the state learn whether their project is going to win a golden ticket and get a big step closer to their own groundbreaking ceremony.
Read MoreTMUDs – taking more time Read More »
If you thought 2021 was busy real estate-wise, there is every indication that 2022 is going to be even busier. How busy? Take a look….
Read MoreThere’s much to look forward to in 2022 Read More »
