Cleveland Clinic

Stokes West redesigned

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It seems every real estate developer is having similar problems — supply constraints, rising construction materials costs and rising interest rates. Only those projects that are charging top-of-the-market rents, have investors with low expectations for returns on investment, or received a ton of subsidies are getting built. So when Stokes West, which intends to offer apartment rents that are 13-21 percent lower than its peers in and near University Circle, got design approval by City Planning Commission last summer, it was already facing an uphill climb. That changed when the development team joined forces with Geis Construction Inc. and found a way to deliver the project more affordably.

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Chester 82 gets thumbs up

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When the Cleveland Planning Commission gave final approval of design plans on April 21 for the Chester 82 development, 1898 E. 82nd St., it coincided with the federal government’s release of the latest jobs data for Greater Cleveland. That data offered a reminder of why Chester 82 and other residential developments in Cleveland’s Hough neighborhood are happening.

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Health Tech Corridor and University Circle

Cleveland Clinic sees a busy 2023

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For several years, NEOtrans has been following the emergence, planning and development of major projects at the Cleveland Clinic Foundation’s Main Campus on the city’s East Side. In 2023, shovels will go into the ground for several of those projects which, in total, will rival the global health system’s last big building boom that occurred about 15 years ago. NEOtrans interviewed two Cleveland Clinic leaders to learn more about the Clinic’s $1.3 billion construction program.

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Canon takes aim at Cleveland

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Three years ago, the first rumors of Canon seeking to increase its presence in Cleveland surfaced. NEOtrans couldn’t report all of the gory details back then because it would compromise a source. So some of the information was shared once it became publicly available. But the rest of the information can be shared now that the Japanese imaging company let the cat out of the bag that it’s putting the headquarters for Canon’s newly created Canon Healthcare USA Inc.’s subsidiary in Greater Cleveland.

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Two old Hough walk-ups: two fates

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Two century-old, walk-up apartment buildings face each other on East 89th Street in Cleveland’s Hough neighborhood. One is structurally unsound and in danger of collapse after it was neglected by a so-called foundation facing a huge unpaid tax bill. The other will have its renovation and expansion plan reviewed by a committee of the City Planning Commission starting this week after it was bought by a successful, civic-minded local investor.

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Cleveland Clinic’s big projects are on the move

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To say that the Cleveland Clinic has a lot of development activity on its plate would be a major understatement. And some of that $1.3 billion worth of construction at its Main Campus is already starting to manifest itself on the landscape. The Clinic is starting site preparation work for its massive new Neurological Institute on Carnegie Avenue. It delivered plans to the city for its expanded Cole Eye Institute. The health care system is prepping the site for the first phase of its new pathogens center. And it is finalizing plans for a full or partial demolition and redevelopment of the ex-Cleveland Play House property, the details for which could be released this fall.

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