development

Circle East improvements continue, more due

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In a 30-acre area of targeted investment called the Circle East District, located in East Cleveland, the Cuyahoga Land Bank announced it has completed major features of its first phase to revive the neighborhood. The multi-phase $95 million effort led by the Cuyahoga Land Bank to rebuild the neighborhood from the sewers up began two years ago. However, a commercial component to the redevelopment has hit a legal snag.

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Circle East improvements continue, more due Read More »

Downtown occupancy finally rings at The Bell

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Despite recent bumps in opening The Bell, the team that converted the former Ohio Bell headquarters into apartments and commercial spaces has hired two Chicago firms to market and manage the property. The announcement comes as the Downtown Cleveland building has received its occupancy permit, effectively declaring the $100-plus-million conversion project as complete.

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Cleveland’s lakefront has something no other major Great Lakes city has

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When looking at Chicago’s enviable lakefront, it never had it. Toronto’s did, but not anymore. Same with Milwaukee’s and Hamilton’s but due to different circumstances. Detroit, Buffalo, Toledo and smaller cities like Green Bay and Erie never did. What are we talking about here? A busy mainline freight railroad routed along a major Great Lake city’s downtown waterfront.

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Let’s do another one! Cleveland entrepreneurs of color to compete again

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After a successful inaugural effort of the Cleveland Equitable Development Initiative (CLE-EDI), the Cleveland Development Advisors (CDA) didn’t waste any time at all in deciding to pursue a second round of competitions. Applications open today for the CLE-EDI which aims to level the playing field for historically excluded developers of color.

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Watterson-Lake development awarded financing

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Key pieces of financing were awarded this week to a significant development planned on the south side of the intersection of Detroit and Lake avenues in Cleveland’s Detroit-Shoreway neighborhood. There, a 136-unit affordable housing project could see construction start by early next year on the site of the former Watterson-Lake Elementary School, 7407 Detroit Ave.

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Haslam’s mini-downtown – at Brook Park or Burke?

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The Haslam Sports Group plans more than a billion dollars worth of new development surrounding their proposed new domed stadium. But is that necessarily going to be in the Cleveland suburb of Brook Park? With an emerging effort by city officials to close and redevelop Burke Lakefront Airport, look for that site to be offered up as a location for the stadium and supportive development. Rumors are circulating that both could happen.

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