Construction

Downtown Lakefront buildings no longer for sale

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Two very visible buildings at downtown Cleveland’s North Coast Harbor that were listed for sale over the past year were just taken off the market this week by owner Cumberland Development LLC. There are several reasons why the Harbor Verandas mixed-use building and the Nuevo Modern Mexican & Tequila Bar are being retained. But one of them is because of the fate of the nearby Burke Lakefront Airport could cause the value of the site to rise in the future.

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groundbreaking ceremony for The Lumos apartments

Hough busily breaking new ground

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For anyone who has been watching real estate activity in recent years in Hough, they are probably no longer surprised that investment is growing here. But what may be surprising is that the pace of it continues to increase. And, with that, there’s growing interest by local and national investors to make sure that gentrification doesn’t take hold and push away people who need jobs within an easy walk, bike or bus ride of booming University Circle.

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Plans revealed for big Tremont site

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Perhaps the largest never-developed piece of land on Cleveland’s near-west side now has a plan for developing it. Tomorrow, a neighborhood-level committee of the City Planning Commission will see and hear a presentation by a development team led by Knez Homes and Property Advisors Group to construct 129 housing units on a 3.65-acre plot of Tremont land Knez acquired last February, a story first reported by NEOtrans.

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Shoreway Tower plan rises

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A conceptual proposal for a residential tower along the West Shoreway, overlooking Edgewater Park, got a little bit taller after it was first introduced to Cleveland’s City Planning Commission last April. Originally proposed at 10 stories, the market-rate apartment building got bumped up to 12 stories and 138 feet tall which puts it over the 115-foot height restriction for that area’s zoning.

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Cleveland police HQ site search begins anew

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Officials at Cuyahoga County and now at City Hall are having difficulty deciding where to build their new venues for addressing crime. Three years ago, an effort began in earnest to find a new home for Cuyahoga County’s new jail campus and a new courthouse tower. A steering committee set up to decide that course of action has failed to settle on a site for those facilities in that time. But the city’s efforts to find a new home for its Cleveland Police Department (CPD) Headquarters has been going on for even longer and will continue for at least a few months more, following an announcement today by Mayor Justin Bibb’s administration.

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$80 million OK’d for Greater Cleveland development

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Yesterday in Baltimore, Treasurer of the United States Chief Lynn Malerba awarded $5 billion worth of New Market Tax Credits (NMTC) nationwide, with $80 million of that to support real estate development projects Greater Cleveland. The projects are intended to be transformative by attracting private investment to create jobs in underserved communities.

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MetroHealth adding more clinics at CMSD schools

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A mix of federal and state funds along with a partnership of MetroHealth System and the Cleveland Metropolitan School District (CMSD) have come together to spur construction of additional health clinics at four Cleveland school sites to increase basic health care services to young people. A wide variety of health care services will be available at these clinics, including treatment of illnesses, mental health, sports injuries and even dental care.

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Cleveland’s first railroad is history

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On an early fall day, Sept. 30, 1847, one of the most prominent men in the fast-growing state of Ohio rolled up his sleeves and joined others in starting the construction of Cleveland’s first-ever railroad. It was a ceremonial groundbreaking not unlike those of today where dignitaries flip dirt with golden shovels to commemorate the start of some new construction project. But, in this case, Cleveland’s first village president, its first attorney and the father of the Ohio & Erie Canal had to get his hands dirty pronto or his new railroad company would lose its charter from the state — again.

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Affordable apartments planned at RTA station

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An Indianapolis-based real estate developer is seeking to build affordable apartments just west of the Greater Cleveland Regional Transit Authority’s (GCRTA) West Boulevard-Cudell rapid transit station on land owned by the transit authority. Today, the GCRTA Board approved giving that developer, Flaherty & Collins LLC, an option to purchase the land for the development of 60 to 80 apartments. The option, priced at $5,000, gives the developer site control so it can nail down financing and city approvals over the next year. If the developer needs more time, RTA can extend the option for another year for another $5,000.

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