downtown Cleveland

Bedrock’s big riverfront project is active

There is increasing evidence that Bedrock Real Estate is advancing more quickly in developing its downtown Cleveland riverfront development vision despite earlier information that it would take a longer-term approach there. There simply is more visible activity happening there compared to a site in the Gateway District where real estate investments were reportedly in planning.

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IMG Center hits the market

An aging but mostly full office building in downtown Cleveland has hit the market at the request of its court-appointed receiver. The 57-year-old IMG Building, 1360 E. 9th St., may be approaching the end of its nearly three-year-long foreclosure case in Cuyahoga County Common Pleas Court.

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ODOT Inner Belt plan gets city pushback

Yesterday, Cleveland’s City Planning Commission unanimously tabled a request by the Ohio Department of Transportation (ODOT) for consent to construct improvements to the Central Interchange, where Interstate 77 ends and connects with Interstate 90 in downtown Cleveland.

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The Pine to grow on Flats’ Columbus Rd Peninsula

Surrounded by the waters of the crooked Cuyahoga River, The Pine may grow on the Cleveland Flats’ Columbus Road Peninsula. The Pine, in this case, is a 45-unit mixed-use development that is nurtured by its proximity to not only the river, but by new parks and boardwalks intended to increase public access to water.

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Local megaprojects win, miss TMUD awards

Today, the five-member Ohio Tax Credit Authority board awarded $100 million in tax credits to Transformational Mixed Use Developments (TMUD) to 13 applicant projects throughout Ohio. Of the 42 projects statewide and nine from Greater Cleveland that were submitted for credits, four received a total of $53 million in funding.

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