developer Jim Miketo

Ohio City townhomes project gets 2nd shot

A long-planned and contentious townhomes development at 4705 Bridge Ave. in Cleveland’s Ohio City neighborhood is seeing signs of construction activity after being on hold for nearly three years. The project’s revival is due to several factors including an improved for-sale housing market of lower interest rates, more fluid financing for construction and a new construction contractor that was hired.

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Lakewood’s East End gets some refreshments

Several properties at Lakewood’s East End have changed hands recently, resulting in new investments that are due to turn underutilized structures into productive buildings once again.
The latest and largest transaction occurred Oct. 16 when Jim Miketo, owner of Forest City Shuffleboard in Ohio City, acquired a three-story, 101-year-old, mixed-use building at 12501 Madison Ave., county records show. It recently hosted the Madison Bi-Rite grocery store and Silhouette School of Dance.

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