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Park Place Tech seals HQ deal

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After a year-long search for a new headquarters, Park Place Technologies has closed on its deal to acquire Progressive Direct Insurance’s Alpha Campus in Highland Heights. Consummation of the purchase agreement sets the stage for renovating the multi-building campus and ultimately relocating to it 500 headquarters employees from neighboring Mayfield Heights. Warehouse operations in Solon will also be consolidated on the new site.

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Phase 2 awaits: Innovation Square, Fairfax Market

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Two mixed-market-rate apartment developments that just opened along East 105th Street in Cleveland’s Fairfax neighborhood have phase-two projects proposed. But construction on the pair of follow-on projects may not occur for a year or more as lending remains tight and leasing activity has been uneven. But things could accelerate next year after interest rates fall and hiring starts for thousands of permanent jobs at several large Cleveland Clinic buildings under construction nearby.

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Fairview Hospital unveils North Campus options

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At a community meeting this evening at Fairview Hospital, Cleveland Clinic Foundation officials showed five design options for developing a new clinical building containing the Moll Cancer Center and medical offices plus a new parking garage on Fairview Hospital’s North Campus, north of Lorain Avenue. While there were some variations in the scale and shaping of the clinical building, the greatest difference between the options was where and how to construct a new parking garage or three.

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Rezoning recommended for Ohio City project

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In February 2023, the first of many public meetings were held for a medium-sized development called 45 West proposed by Cleveland-based My Place Group on Lorain Avenue at West 45th Street in Cleveland’s Ohio City neighborhood. More than a year later, a rezoning request was recommended by the City Planning Commission to City Council to allow the project to move forward.

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Cleveland skyscraper’s new owner plans upgrades

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Purchase of Downtown Cleveland’s third-tallest skyscraper last week was officially confirmed today by the skyscraper’s new owner. A partnership of Namdar Realty Group and Mason Asset Management, both of Long Island, NY, also said they have a formed a five-year capital plan to improve 200 Public Square and hired a new building manager to carry out that plan. Enhancing the retail offerings in the tower’s atrium for office tenants and nearby residential buildings is part of its goal.

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County courthouse to have new address?

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A Cuyahoga County committee has reportedly rejected all but one of the proposals that could have kept a Consolidated Courthouse at the current site of Downtown Cleveland’s existing Justice Center. NEOtrans has learned that, of the four surviving proposals, one involves a complicated, time-consuming double-move of courthouse functions from the current site and back again. If rejected, it would end a five-decade run of the Justice Center site as a law enforcement, adjudication and penal facility and set the stage for its redevelopment.

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Playhouse Square arrives at Greyhound Station

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Playhouse Square Foundation this week closed a deal to acquire the Greyhound station in Downtown Cleveland to expand the theater district northward and convert the station into an entertainment/dining venue, according to a source familiar with the transaction. While Playhouse Square officials were mum on their plans, a spokesperson told NEOtrans that Greyhound bus operations will be relocated on a schedule that works for them and their customers.

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Ohio City retail defies recent trends

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This spring, the flowers aren’t the only things blooming in Cleveland’s Ohio City neighborhood. So are the new stores and plans for more, including restaurants and cafes. While many new and renovated buildings have opened elsewhere in the city, their ground-floor retail spaces tend to fill with a pre-programmed routine of bank branches, coffee shops, the occasional bar/restaurant, art gallery, or stay empty for a long time.

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Lorain Road corridor wins transit planning grant

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In a continuing effort to create more affordable housing and transportation choices for Americans, the Biden-Harris Administration and the U.S. Department of Transportation’s Federal Transit Administration (FTA) yesterday announced $17.6 million in grants going to 20 communities in 16 states to support equitable Transit-Oriented Development (TOD). Greater Cleveland was among those communities.

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Three redevelopments to boost Cleveland’s Lee-Harvard

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Three large redevelopment sites totaling nearly 20 acres in Cleveland’s Lee-Harvard neighborhood are the subject of city efforts to focus investment on them. The effort is intended to reverse decades of disinvestment that has occurred on Cleveland’s southeast side by producing jobs, new housing and catalyzing more investment. In fact, there’s some evidence that such a reversal is already underway.

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