development – Page 71

Mayfield Station Apartments next to Little Italy-University Circle Red Line

Circle Square, Ohio City, Van Aken District, Woodhill Station show what’s possible

Ken Prendergast / August 9, 2021

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

Circle Square, Ohio City, Van Aken District, Woodhill Station show what’s possible Read More »

Megaprojects tax credit doubles in size, duration

Ken Prendergast / June 28, 2021

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.

Megaprojects tax credit doubles in size, duration Read More »

Megaproject program delays may curb $2 billion in development

Ken Prendergast / April 29, 2021

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.

Megaproject program delays may curb $2 billion in development Read More »

Knez Homes wins large undeveloped Tremont property

1 Comment / Ken Prendergast / April 6, 2021

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.

Knez Homes wins large undeveloped Tremont property Read More »

CSU starts campus masterplan process

1 Comment / Ken Prendergast / March 19, 2021

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.

CSU starts campus masterplan process Read More »

Little Italy development site back in play

Ken Prendergast / February 27, 2021

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.

Little Italy development site back in play Read More »

Cleveland’s profile soars among out-of-state investors

1 Comment / Ken Prendergast / November 19, 2018

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.

Cleveland’s profile soars among out-of-state investors Read More »