In a recent one-hour interview with Greater Cleveland Regional Transit Authority (GCRTA) General Manager India Birdsong Terry, she revealed to NEOtrans one of her biggest fears with the transit agency’s upcoming sales tax levy vote — its first in more than five decades.
Read MoreGCRTA levy fear: derailment by apathy Read More »
It appears that Millennia Companies is doing more than assembling financing to redeem a foreclosed loan on 925 Euclid Ave. and remove the Downtown Cleveland property from a court-ordered receivership. It also appears that it is also seeking to close on financing to undertake a redevelopment of the property per its city-approved plans.
Read MoreCentennial transformation may get financing soon, too Read More »
With hours to go before a July 30 deadline to settle its debts or lose its property in a potential Nov. 3 auction, the owner of 925 Euclid Ave. won a third option — an extended deadline.
Read MoreOwner of 925 Euclid wins more time Read More »
Two Northeast Ohio job-creation efforts that could result in 1,100 new jobs locally were supported and rewarded by the Ohio Department of Development today with the announcement of Ohio Job Creation Tax Credits.
Read MoreFlexjet to add nearly 1,000 jobs Read More »
A development partnership plans to build for Cleveland Clinic a massive Unified Operations Center for 526 new and relocated jobs. The relocated jobs will come from other Clinic facilities in Northeast Ohio to the 111-acre former Ford Stamping Plant in Walton Hills, according to public records.
Read MoreHuge Unified Operations Center planned for Cleveland Clinic Read More »
For a large, vacant, old building needing significant repairs before it can even host new occupants in a soft market, there is a healthy amount of interest in buying The Centennial, 925 Euclid Ave. in Downtown Cleveland. The difficulty in redeveloping the building resulted in a lender foreclosing on the property.
Read MoreBuyer interest in 925 Euclid is high Read More »
A half-percent sales tax increase to fund a modest expansion of the Greater Cleveland Regional Transit Authority (GCRTA) and prevent more service cuts starting next year is going on the ballot in Cuyahoga County. The only question is when. And that will be decided by the GCRTA board July 7.
Read MoreGCRTA levy to appear on ballot Read More »
The Haslam Sports Group (HSG) alongside a joint venture of AECOM Hunt, Turner Construction Company and architect HKS officially broke ground today for the new Huntington Bank Field, the future home of the Cleveland Browns starting with the 2029 National Football League (NFL) season.
Read MoreNew Huntington Bank Field officially starts construction Read More »
On the plus side, one of the region’s biggest megaprojects got underway today when officials from the Ohio Department of Transportation (ODOT), city of Cleveland and Cuyahoga County threw spades of dirt at a groundbreaking ceremony for the Interstate 90 Central Interchange Project in Downtown Cleveland.
Read More$328M Central Interchange redo starts Read More »
When a company expands in an already busy market, the inference is that the company expects the market to get even busier. Unfortunately, that may be the case with the commercial property market where foreclosures keep coming and more receivers are getting appointed by courts to hire real estate brokers.
Read MoreCommercial foreclosure business is booming Read More »
