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 »
If the Greater Cleveland Regional Transit Authority (GCRTA) was a human being, it might look like the Black Knight from the 1975 movie “Monty Python and The Holy Grail” after being confronted by King Arthur. In the British comedy, the king had hacked off the knight’s arms and legs, yet the knight continued to fight, claiming “It’s just a flesh wound.”
Read MoreGCRTA’s choices: victim or solution Read More »
Cuyahoga Land Bank and First National Bank (FNB) have announced a new partnership to accelerate development in the Circle East District in East Cleveland by supporting homeownership. Since 2022, the land bank has been busily rebuilding this neighborhood next to University Circle from the sewers up.
Read MoreBanking on a large East Cleveland development Read More »
