Cleveland Clinic’s three major construction projects at its Main Campus near Cleveland’s University Circle are progressing on or close to schedule, according to a Clinic spokesperson. However, at this point, it appears that any follow-on projects at or near the Main Campus may not be happening for a while, according to two sources familiar with the Clinic’s capital planning.
Read MoreClinic’s megaprojects construction are on time Read More »
An ambitious and innovative plan to construct a high-tech cold storage facility for medical and pharmaceutical uses along the Opportunity Corridor Boulevard has secured the top prize in the first Cleveland Equitable Development Initiative (CLE-EDI) real estate developer pitch competition. The competition was spearheaded by Cleveland Development Advisors and Cleveland Neighborhood Progress.
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The economic development boom in Cleveland’s University Circle continues to be felt in the neighborhoods surrounding this epicenter of the local eds-and-meds jobs sector. Four new apartment development plans were revealed this week as they go on the design review docket at the City Planning Commission. Combined, all four projects could add more than 150 workforce housing units with many more in later phases.
Read MoreFairfax, Glenville, Hough developments unveiled Read More »
Back when Cleveland was an industrial powerhouse, few wanted to live near its dirty, noisy industries. Today, its largest source of employment is the education and health services sector — a cleaner industry to which it’s attractive to live within a short walk or bike ride. It is centered in and near University Circle, surrounded by long-neglected neighborhoods. But investment has been coming into those places — Hough, Fairfax, Glenville, Cleveland Heights’ Top of the Hill, and East Cleveland’s Circle East — bolstering them as neighborhoods of choice.
Read MoreCleveland development: what to look for in 2024 — University Circle Read More »
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.
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To say that the Cleveland Clinic has a lot of development activity on its plate would be a major understatement. And some of that $1.3 billion worth of construction at its Main Campus is already starting to manifest itself on the landscape. The Clinic is starting site preparation work for its massive new Neurological Institute on Carnegie Avenue. It delivered plans to the city for its expanded Cole Eye Institute. The health care system is prepping the site for the first phase of its new pathogens center. And it is finalizing plans for a full or partial demolition and redevelopment of the ex-Cleveland Play House property, the details for which could be released this fall.
Read MoreCleveland Clinic’s big projects are on the move Read More »
City Planning Commission today voted to support the final design of a large mixed-use development called Stokes West in Cleveland’s University Circle after nearly a year of debate over the fate of six historic but neglected rowhouses. The project’s landscaping plan still has to reviewed by the commission but today’s vote puts the development on a path to secure a building permit and start construction, possibly by the end of the year.
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Cleveland Clinic is requesting a demolition permit from the city to make way for the largest building ever to be constructed by the global health care system.
Read MoreDemolitions to start for Clinic’s largest building Read More »
If you thought 2021 was busy real estate-wise, there is every indication that 2022 is going to be even busier. How busy? Take a look….
Read MoreThere’s much to look forward to in 2022 Read More »
In one week, three major groundbreakings were held in Cleveland. Today, representatives of the City of Cleveland, Cleveland Clinic Foundation, Meijer, Fairfax Renaissance Development Corp. and Fairmount Properties broke ground on a new grocery store and apartment complex in the Fairfax neighborhood of Cleveland.
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