Growing enrollment at Cleveland State University may soon cause visible changes to downtown Cleveland’s landscape. According to two sources close to the university, CSU is in negotiations to acquire two large apartment properties that would allow it to more than double its inventory of on-campus student housing.
Read MoreCSU looks to double its on-campus housing Read More Âğ
What may prove to be the largest office building ever built in Cleveland’s MidTown corridor is advancing toward a potential construction date early next year.
Wexford Science & Technology, LLC of Baltimore is moving forward in developing a 150,000-square-foot office building and multilevel parking deck at the northwest corner of Euclid Avenue and East 66th Street.
Large office building in the works for Cleveland’s Midtown Read More Âğ
Putting more residents, jobs and services next to existing rapid transit boosts Greater Cleveland’s quality of life. More real estate developers are recognizing the value to them from investing next to transit, as well as the growing number of public incentives to make those investments. In 2019, Mayfield Station Apartments was rising next to the new Little Italy-University Circle Red Line rail station. More developments like this are happening at more stations in Greater Cleveland
Read MoreCircle Square, Ohio City, Van Aken District, Woodhill Station show what’s possible Read More Âğ
State lawmakers overwhelmingly passed a compromise two-year budget bill tonight that included a provision to double the dollar amount and duration of a new tax credit program to boost real estate megaprojects in Ohio’s largest urbanized areas.
Read MoreMegaprojects tax credit doubles in size, duration Read More Âğ
After nearly five months since Senate Bill 39 was signed into law by Gov. Mike DeWine, the so-called megaprojects tax credit it authorized still isn’t a functioning program. Worse, it won’t be functioning before the end of the state’s current fiscal year ending June 30, a state official confirmed today.
Read MoreMegaproject program delays may curb $2 billion in development Read More Âğ
In Cleveland’s built-up, booming near-West Side neighborhoods of Tremont and Ohio City, it’s not often that a clean, undeveloped piece of land as big as 3.55 acres becomes available for development. But that’s what just happened in the Lincoln Heights section of Tremont.
Read MoreKnez Homes wins large undeveloped Tremont property Read More Âğ
As first reported here at NEOtrans last summer, Cleveland State University (CSU) began a search for a consultant to help it design a new downtown campus masterplan. That consultant has been found, with CSU hiring Boston-based Sasaki Associates Inc.
Read MoreCSU starts campus masterplan process Read More Âğ
After many years of false starts and litigation, a large vacant parcel at the north end of Little Italy is back in play for a new real estate development.
Property owner University Circle Inc. has selected a partnership of Property Advisors Group of Beachwood and M. Panzica Development of Cleveland to develop what is called the Woodhill Supply site. The vacant 2.14-acre property is located in the 1800 block of East 123rd Street and Coltman Road.
Read MoreLittle Italy development site back in play Read More Âğ
Presidential candidate Ross Perot in 1992 famously referred to a “huge sucking sound” when it came to jobs leaving the USA. When money starts pouring into a city like Cleveland, it ought to make a sound, too. It is, and people are noticing.
Read MoreCleveland’s profile soars among out-of-state investors Read More Âğ
