Sometimes when one door closes, another opens. And other times that process works in reverse. When it comes to a proposed Rock & Roll Land Hotel & Theater in Bedrock Real Estate’s $3.5 billion Cuyahoga Riverfront development, the second scenario is reportedly in play.
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Downtown Cleveland is getting a new public park — which is to say that a mostly useless patch of grass is about to get activated. And the proposed use probably makes sense, given what’s across the street from it.
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Another parking crater in Downtown Cleveland has succumbed to a new development that promises to attract hundreds of thousands of visitors per year. The latest to disappear is a windswept, 3-acre parking lot in the Gateway District, across Huron Road from Rocket Arena, home to Cleveland Cavaliers basketball and Cleveland Monster hockey games.
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As they say in target practice, “pay attention to the background.” That’s also good advice to use when reviewing plans for major urban developments like Bedrock’s Riverfront Cleveland masterplan. But the plans, in this case renderings, opened the door to inquire about Bedrock’s vision for another downtown megaproject.
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Starting in May 2028, Cleveland’s new Womens National Basketball Association (WNBA) team will begin playing in Downtown Cleveland at Rocket Arena. The expansion team will play half of its 44-game schedule at home and, if attendance is at least near the league-wide average, will help soften the impact of the Cleveland Browns football team moving from downtown to suburban Brook Park the following year.
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Site preparations for a significant new development called the “Rock Block” are sought in the Gateway District of Downtown Cleveland. But the permit application outlining the proposed preparations offers more questions than it provides answers as to what may rise here and when. There are some answers and, of course, rumors.
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Final approval is expected tomorrow by the City Planning Commission of designs for the proposed Cleveland Clinic Global Peak Performance Center featuring the Cleveland Cavaliers’ new practice facility and the Clinic’s sports health/wellness programs. But how do we know approval is expected? Because the groundbreaking ceremony for the new center has been set for the week after next.
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On Friday July 12, representatives of Bedrock Real Estate will make a presentation to Cleveland’s City Planning Commission about the upcoming steps they will take to ready the site for their ambitious $3.5 billion riverfront development plan. But a majority of those early steps boil down to just one foundational word — infrastructure.
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Today, the Cleveland Cavaliers, Cleveland Clinic and Bedrock Real Estate revealed the first official renderings of the Cleveland Clinic Global Peak Performance Center. Pending city approvals, groundbreaking on the Cleveland Clinic Global Peak Performance Center is anticipated before the end of 2024.
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High construction and financing costs along with a longer move-in timeline doomed an intriguing new Downtown Cleveland headquarters building for a growing tech firm relocating from Mayfield Heights. Those construction market headwinds along with the rise in remote working led to Park Place Technologies finding an existing office campus next to Interstate 271 in Highland Heights near its current offices that fit its needs like a glove.
Read MoreThe downtown tower that almost was Read More »
