There’s much to look forward to in 2022
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….
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Cleveland Clinic
Kan Zaman expands, Ohio City parking crater endures
When people in Cleveland’s real estate sector heard Kan Zaman will open a new location on the east side of downtown, their immediate reaction was — are they vacating the old site in Ohio City for a new development?
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Apartments + Meijer market to break ground Dec. 14
One day after Cleveland City Council approved tax incentives for a new apartment building with a first-floor Meijer grocery store, a groundbreaking ceremony was set for the project.
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Cleveland Clinic to demolish ex-Cleveland Play House
According to two sources, the Cleveland Clinic Foundation will seek to demolish all structures that were once part of the Cleveland Play House (CPH), 8500 Euclid Ave. That includes the adjacent former Sears department store along Carnegie Avenue. Demolition could occur this winter.
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Fairfax Market development wins financing
Financing was awarded to the first phase of a mixed-use development on the southeast corner of East 105th Street and Cedar Avenue that aims to capitalize on the many infrastructure, health care and residential developments nearby.
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Paving for opportunity along a new corridor
Opportunity Corridor’s ribbon cutting is Nov. 3. But this most expansive remake of Cleveland’s urban landscape so far in the 21st century is already affecting its surroundings. How is this impactful transportation and redevelopment effort shaping Cleveland now and in the coming decades?
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Townhouse, apartment project announced near University Circle
More Eds-and-Meds jobs in and near University Circle means more housing in the same areas. The latest proposed housing development is Park Lamont on Lamont Avenue at East 97th Street.
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Chester Avenue becoming apartment row
As long as the Cleveland Clinic Foundation and other local eds-and-meds employers keep adding jobs, new housing is going to keep getting added to nearby neighborhoods. Hough is one of those neighborhoods, and Chester Avenue is the street that is attracting much of the investment.
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Cleveland Clinic to massively expand its facilities
In a stunning surprise, the Cleveland Clinic Foundation is reportedly planning to more than double the size of its proposed new Neurological Institute and bring more than 1,000 new jobs to the global health care system’s main campus near University Circle.
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Cleveland Clinic advances its ‘Big 3’ projects
Cleveland’s largest employer is about to get even larger. While Cleveland Clinic Foundation (CCF) is officially mum on expansion details, NEOtrans is hearing rumors from sources that one or more of their “Big 3” projects may be bigger than originally anticipated.
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