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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Construction
NRP Group taking fresh look at Scranton Peninsula
NRP Group appears to have had a change of heart about its decision to walk away from developing on Scranton Peninsula, according to two sources with direct knowledge of the company’s plans.
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The 20 most-viewed news stories of 2021 on NEOtrans
Personal experiences matter. That’s the lesson of why one news article gets opened and another article does not. It’s why the pending demolition of the Cleveland Play House was the most-read story of 2021. It got read because people went to see a show there once upon a time, not because it was the only Cleveland-area project designed by a Cleveland-area architect.
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Is Downtown Cleveland in Target’s bullseye?
The upscale discount retail giant Target is in expansion mode. It is focusing on locations in downtowns, near colleges and dense suburbs for small, urban-format stores. But will downtown Cleveland or perhaps University Circle be under consideration?
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Brooklyn Masonic Hall repurposing as Lofts On Pearl
A Lakewood real estate entrepreneur and construction contractor has acquired the vacant Brooklyn Masonic Temple, 3804 Pearl Rd., in Cleveland and plans to renovate it into a mixed-use building called the Lofts On Pearl. It remains to be seen if the project will live up to the Masonic purpose of making good men better.
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Baker Building to be The Fidelity Hotel, speakeasy
The 11-story Baker Building, 1900-1940 East 6th St. in downtown Cleveland, has received a construction permit so crews can begin work to prepare for the next stage in the 102-year-old building’s life — a mix of boutique hotel rooms and suites plus ground-floor retail/restaurants.
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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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Great Lakes Brewing Co. to start Scranton Peninsula work
Great Lakes Brewing Co. has asked the city of Cleveland for permission to begin site preparation work prior to the expansion of brewing facilities on to Scranton Peninsula near downtown. A permit application submitted yesterday doesn’t reveal when the actual expansion work would begin, saying instead that the work would prepare for “future use” of the Flats site. However, the permit request hints structural construction for the expansion could begin in about six months.
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Ten Cleveland schools OK’d for new uses
City Planning Commission today gave city and school officials authority to enter into agreements with multiple proposed purchasers and real estate developers to acquire and repurpose 10 Cleveland Metropolitan School District (CMSD) properties.
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Midtown development sites to double in size
A Midtown Cleveland development site is about to get twice as large. Even better, a developer is ready and willing to construct mixed-use developments on it.
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