downtown Cleveland

Local projects may benefit from federal incentives

/

Having too much office space, not enough housing inventory and tight private financing to address those conditions isn’t just a Greater Cleveland phenomenon. It’s a nationwide problem. So the federal government on Friday announced incentives to encourage the conversion of high-vacancy commercial buildings to residential use and develop surplus land owned by transit agencies.

Read More

Local projects may benefit from federal incentives Read More »

North Coast development authority launched

/

With updated plans for redeveloping downtown Cleveland’s lakefront steadily rolling in like Lake Erie’s waves, the nonprofit development corporation charged with funding and implementing those plans also is coming together. Today, Cleveland Mayor Justin Bibb announced the initial board of directors for the new North Coast Waterfront Development Corp. (NCWDC) and its chair, David Gilbert, CEO of Destination Cleveland and the Greater Cleveland Sports Commission.

Read More

North Coast development authority launched Read More »

Ohio City finance firm moving to the Flats

/

Another significant office tenant with naming rights to their building is on the move — and shrinking. This time, it’s Cleveland-based financial planning firm Skylight Financial Group which is a general agency of Massachusetts Mutual Life Insurance Co. (MassMutual) in multiple Ohio cities. But unlike Ernst & Young (now EY) moving from one side of downtown Cleveland to the other, Skylight Financial will be leaving Ohio City’s Market District in 2024 for Scranton Peninsula in the Flats.

Read More

Ohio City finance firm moving to the Flats Read More »

North Coast plans updated, go public today

/

In a virtual session held earlier today, the community got to see a refinement of plans for Downtown Cleveland’s lakefront that were first shared publicly in July, namely for the area near North Coast Harbor. The plans, showing stadium renovations, transportation investments and conversion of lakefront parking lots to year-round public uses, were developed and refined by a consulting team hired by the city and led by Field Operations, a public spaces design firm based in New York City.

Read More

North Coast plans updated, go public today Read More »

The Bell to ring people home in 2024

/

At first, construction work at The Bell has a familiar ring to it. But this isn’t the usual conversion of a zombie office building in downtown Cleveland into residential or hotel uses. Instead, conversion of the former Ohio Bell Company headquarters, ongoing since July 2022, has been a different calling. What were once large, wide-open floors at the 16-story, 40-year-old office building have since been divided up into an average of 31 apartments per floor in the residential portions of the building at the southeast corner of Lakeside Avenue and East 9th Street.

Read More

The Bell to ring people home in 2024 Read More »

Cavs-Clinic Riverfront building is big, evolving

/

More illustrations were made publicly available this week, showing the large size of a new facility planned next to the Cuyahoga River in downtown Cleveland for the Cleveland Cavaliers’ basketball practice facility and Cleveland Clinic’s sports health-related medical services. Kansas City-based architectural firm Populous submitted the plans for what would be Bedrock Real Estate’s first new building in its ambitious $3.5 billion riverfront development to the City Planning Commission’s Design Review Committee.

Read More

Cavs-Clinic Riverfront building is big, evolving Read More »

Stark grounded as war erupts in Israel

/

Greater Cleveland real estate executive Ezra Stark is grounded in Israel by the outbreak of war over the weekend, Stark confirmed to NEOtrans through a company spokesperson. He was scheduled to fly out Sunday but most airlines including all U.S.-based carriers have temporarily suspended flights to and from the Middle Eastern nation due to its worsening security situation following a surprise, massive attack Oct. 7 by the terrorist group Hamas.

Read More

Stark grounded as war erupts in Israel Read More »

Seeds & Sprouts 33 – Sankofa Village Phase 4 coming, West 48th gets more townhomes, So might Midtown, Intro adding salon

/

Sankofa Village will be adding its fourth, final phase in Cleveland’s Central neighborhood. An extra space just off West 48th getting more townhomes. One Midtown Luxury Townhomes seeks expansion. And Intro gains national beauty salon chain as tenant.

Read More

Seeds & Sprouts 33 – Sankofa Village Phase 4 coming, West 48th gets more townhomes, So might Midtown, Intro adding salon Read More »

Getting empowered to shape Cleveland’s landscape

/

Fourteen promising entrepreneurs from diverse backgrounds have been selected to participate in an innovative new real estate development program with a clear mission: to break down historical barriers and empower these individuals with the knowledge and tools needed to shape the future of Cleveland’s communities. The Cleveland Equitable Development Initiative, or CLE-EDI, will bolster the ranks of successful minority real estate developers in the region and to stimulate economic growth in the communities from which these entrepreneurs hail.

Read More

Getting empowered to shape Cleveland’s landscape Read More »

Bridgeworks grows by shrinking

/

In Cleveland’s Ohio City neighborhood, and in the face of financial headwinds affecting projects nationwide, the long-planned Bridgeworks development underwent a major redesign that would cut costs and add more space by filling land, not the sky. Gone is a 16-story building and separate parking garage, replaced by a single, seven-story building that incorporates parking within a structure that fills out more of the 2.13-acre site at the west end of the Detroit-Superior Bridge. The revised plans will be reviewed by the city’s design-review boards in the coming weeks. Financing from the city, Cuyahoga County and Cleveland-Cuyahoga County Port Authority was arranged last spring.

Read More

Bridgeworks grows by shrinking Read More »

Scroll to Top