With nearly 900 mixed-income apartments envisioned, a plan to develop the largest single housing development in Downtown Cleveland’s history is reportedly in the works. While it will take multiple phases and many years to build, the partners and the plans for the massive project are coming together.
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In this 34th installment of Seeds & Sprouts, we cover McKinsey & Co’s planned move to near the top of Key Tower, Dunham Tavern & Gardens adding green infrastructure, Brooklyn Polish American Home to host Encompass Health’s first foray into Northern Ohio, and Nia’s Cafe & Store plans open on Kinsman Avenue in Mount Pleasant.
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CLE Consulting Firm, a growing provider of business accounting and tax services, has reached a purchase agreement to acquire the Euclid Gallery Building, 7029 Euclid Ave. in Cleveland’s MidTown neighborhood, public records show. The faded masonry building will reportedly be renovated as the new headquarters for the company which also has offices in Akron, Cincinnati, Columbus, Toledo and Atlanta.
Read MoreCLE Consulting Firm leaving Downtown for MidTown Read More »
A large, proposed redevelopment of former industrial and railroad lands on a hillside in Cleveland’s Tremont neighborhood is showing renewed signs of life after a court battle was settled in December. That settlement involved land being divvied up so a rezoning can move forward and an asphalt plant can continue to operate. If the land is rezoned by City Council, a mostly residential development can proceed — next to the asphalt plant.
Read MoreTremont hillside development plan regains life Read More »
Gov. Mike DeWine, Lt. Gov. Jon Husted and Ohio Department of Development Director Lydia Mihalik yesterday announced $750 million in funding is now available to assist communities with infrastructure costs to create project-ready economic development sites.
Read MoreState launches All Ohio Future Fund to support new development projects Read More »
NEOtrans’ scoop last week that the owners of the Cleveland Browns are reportedly buying a 176-acre parcel in suburban Brook Park led to a flurry of discussion about what that means since the sources didn’t say why. The most obvious speculation is that the land is for a new stadium venue for home games for the National Football League franchise. But that may be only partly true. Instead, one option is to apparently use it as part of a land trade for a stadium.
Read MoreHaslams keep options open for Brook Park site Read More »
A pair of $100,000 grants were awarded to improve two public spaces in Cleveland that are visited by people from throughout the metropolitan area and beyond. The grants were awarded by the New York City-based Project for Public Spaces from funding originally provided by the General Motors Corp. to offer more inclusive, welcoming environments.
Read MoreCleveland wins grants for Public Square, Ohio City public spaces Read More »
Cleveland’s international water port took a significant stride this week toward the future as its board approved the allocation of $32.1 million in federal and state grants to help rehabilitate and modernize a key warehouse and upgrade electrical infrastructure at its General Cargo Terminal. This strategic move will ensure ongoing efficiency of port facilities and prepare the port for upcoming electrification efforts.
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The owners of the Cleveland Browns football team have reached a purchase agreement to acquire a large piece of land in the Cleveland suburb of Brook Park, leading to speculation that the Browns could leave the city of Cleveland for the second time in its 78-year history.
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According to two sources, Downtown Cleveland’s third-tallest skyscraper has sold to a New York-based company that has more than its share of cheap or faded retail properties including many in Ohio. But the parking garage for the skyscraper, 200 Public Square, was reportedly sold separately to a buyer in Chicago that owns downtown parking properties nationwide, one of the sources said.
Read MoreDowntown Cleveland skyscraper sold to NY firm with big retail portfolio Read More »
