historic tax credits

Hawthorne School conversion starts Monday

Ken Prendergast / November 11, 2023

While classes aren’t starting on Monday morning at Hawthorne Elementary School, 3575 W. 130th St., in Cleveland Jefferson neighborhood, that is when Sustainable Community Associates (SCA) is going to school. The Cleveland-based real estate development firm has repurposed many an old Cleveland building into apartments, some with shops or restaurants. But this is SCA’s first lesson in converting a school to apartments.

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The Bell to ring people home in 2024

Ken Prendergast / October 21, 2023

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.

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Erieview Tower project gains potent partner

Ken Prendergast / June 17, 2023

Despite recent departures from the project, development team members assured NEOtrans that the $100 million redevelopment of the Tower at Erieview in downtown Cleveland is still going forward. A big reason why is because the development team has gained a potent new member — an influential Cleveland-based law firm tied into active developer TurnDev and its financing arm TurnCap.

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Odeon, 3 other Flats parcels sold to developer

Ken Prendergast / December 13, 2022

The Odeon concert club, 1295 Old River Rd., was among four contiguous parcels on Cleveland’s Flats East Bank that were sold last week to Cleveland-based GBX Group, a real estate development financier which specializes in structuring financing for historic rehabilitation projects. However, when contacted by NEOtrans, a GBX representative said their plans for the site would not be officially announced for at least two months.

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Fidelity Hotel plan increases rooms, amenities

Ken Prendergast / February 10, 2022

A planned renovation of a vacant office building in downtown Cleveland by the Walton Enterprises, of Wal-Mart fame, into a boutique hotel got its first publicly accessible airing today by a city panel. And the feedback it received was decidedly positive.

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