In a strategic collaboration that allows Cleveland’s urban gems to shine in a new light, Spark GHC and Cleveland Construction today announce a groundbreaking joint venture. Project Scarlet represents a significant commitment of $100+ million to transform a 400,000-square-foot office space, formerly Medical Mutual’s headquarters, into a dynamic mixed-use development.
Read MoreDowntown’s Rose Building to be hotel, apartments Read More »
With a certificate of occupancy in hand and leasing to start in two weeks, The Bell, 45 E. 9th St. in Downtown Cleveland, will be the subject of an online auction scheduled for next month. The auction is intended to make available a portion of the interest in a general partnership that owns the office-turned-residential building.
Read MoreOwnership stake in The Bell to be auctioned off Read More »
Another big, old vacant factory in Cleveland has been knocked down. But this five-story factory, the former Ferry Cap & Set Screw Co., 2151 Scranton Rd. in Tremont, was recently the subject of a redevelopment plan. Its demolition by the owner/developer and the lack of a submitted plan for the site’s reuse is an intriguing turn of events.
Read MoreFerry Cap & Set Screw razed for new development Read More »
In a weak office market, another office property has been listed for sale. But this time, a Downtown Cleveland property is hitting the market because Cuyahoga County Common Pleas Court Judge Cassandra Collier-Williams ordered it to, so as to resolve a foreclosure complaint.
Read MoreMortgage spat puts downtown building on market Read More »
This week, Sherwin-Williams released a parking plan for workers at its new Downtown Cleveland headquarters that is due to open sometime in mid-2025. The parking plan was provided to the nearly 3,500 headquarters employees to answer their commuting questions, although the impacts of the plan will effect other workers, residents and visitors in the western part of downtown.
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In one of the largest single federal grant requests ever by the city of Cleveland, Mayor Justin Bibb’s administration is seeking $268 million from the federal government to tackle four main lakefront improvement projects simultaneously. The projects, which include reconfiguring the Shoreway highway into a boulevard with intersections, have the backing of the Ohio Department of Transportation (ODOT), Cuyahoga County and others.
Read MoreCleveland seeks one big grant for lakefront connector, Shoreway Blvd, multimodal station Read More »
A new multi-purpose stadium sought by the owners of the Cleveland Browns in suburban Brook Park appears to be growing legs thanks to a willingness by state lawmakers to fund a significant portion of the stadium’s construction costs. The biggest questions at this time are how much state funding may be forthcoming and will it make a big enough dent in the public sector side of the financial equation.
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Today, CBRE Cleveland announced that is listing the 23-story 800 Superior office tower in Downtown Cleveland for sale and said one of the property’s largest tenants, National General Insurance likely will not renew its lease at the building when it expires in two years. Meanwhile a spokesman for insurer AmTrust Financial, which is the building’s other large tenant, said it intends to stay at the building. Both companies have naming rights on the building.
Read MoreDowntown’s 800 Superior for sale, big tenant leaving Read More »
North Coast Harbor is set for an upgrade, with a $4.99 million investment that is a result of Mayor Justin Bibb’s Reimagining Downtown Cleveland Plan. This comprehensive project aims to create a more safe, equitable and enjoyable waterfront experience for all visitors.
Read MoreNorth Coast Harbor getting $5M makeover Read More »
On Cuyahoga County real estate parcel maps, a narrow strip of land owned by FirstEnergy knifes into the heart of a Brook Park site the owner of the Cleveland Browns football team reportedly wants for a possible new domed stadium. Despite its prominence on the map, no one in Cleveland media apparently has asked its owner if it has any agreements with anyone for its potential sale — until now.
Read MoreWhy aren’t the Browns buying this key piece of land? Read More »
