A small piece of land in University Circle with big possibilities is being offered for sale or redevelopment in partnership with the current owner, Rico Pietro, a well-known local real estate broker. But no construction is imminent as the current user, a contract ambulance service for Cleveland Clinic, is only halfway through a 10-year lease on the site.
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Work is underway to reconfigure what many have called America’s most beautiful grocery store. The work represents the most significant renovations to the Downtown Cleveland Heinen’s store, 900 Euclid Ave., since it opened in 2015.
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A new apartment building and row of townhomes called Skyline on Stokes have taken form in Cleveland’s University Circle. The last structural features of the seven-story apartment building, formerly called Stokes West, were added and celebrated last week in a “topping-out ceremony.”
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After four years of going through multiple design iterations, it somehow seems natural that Bridgeworks finally got the OK today from the city to start construction — but only up to the second floor. To build above that, the project’s development team is going to have to come back to the city for design approval of the building’s top five floors. The team pledged it would do so — quickly.
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Bridgeworks, a mixed-use development proposed in Cleveland’s Hingetown section of Ohio City that’s gone through several iterations, will be back in front of city design-review panels this month in the hopes of getting construction started this year. If approvals are granted, demolition of existing buildings at the northeast corner of West 25th Street and the Detroit-Superior Bridge could start in the coming months.
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A joint venture proposing a four-story apartment building in Cleveland’s Tremont neighborhood called the Treehouse Apartments, first reported by NEOtrans last month, will go before the City Planning Commission’s Design Review Committee to present their plans this Friday. While the project would add dozens of new housing units to the neighborhood to respond to as-yet unsatiated demand, it would also result in the demolition of three 19th-century houses.
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Hidden away behind houses and trees, construction on another large development in Cleveland’s Tremont neighborhood got under way this week. And while this latest development project is largely shielded from view, it simultaneously reveals the continuing strength of Cleveland’s multi-family market as well as the comparative weakness of its for-sale housing market. That’s especially true in certain neighborhoods that, starting next year, will lose their ability to offer 100 percent property tax abatement for new, for-sale homes.
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A few notable developers are reportedly offering several prominent, if not surprising downtown properties as options to host what will be a nearly 900,000-square-foot Cuyahoga County Courthouse Consolidation project. The square footage, not including parking which will be extra, represents specialty office space that property owners are desperately trying to fill in this post-pandemic real estate market. The sheer size of the courthouse consolidation project may create a competition that bears watching.
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With development activity increasing in Cleveland’s Hough neighborhood, one of Greater Cleveland’s largest real estate developers is doubling down on its bet that this community has a bright future.
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Shortly before Cleveland Landmarks Commission approved the renovation of the neglected 116-year-old Rockefeller Building, it unanimously allowed the demolition of the century-old garage behind it. The potentially dynamic combination of those two actions received only a brief mention during today’s commission hearing.
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