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Renovation starts on downtown’s Electric Building

With financing closed, construction work will begin in the next couple of weeks on the $40 million rehabilitation and conversion of the historic 700 Prospect Ave. office building into apartments, called The Electric Building. And now the ground-floor has the end user of its lone commercial space identified — Tom’s Watch Bar, a national chain sports bar founded in 2014.

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GCRTA’s new railcars start production

Manufacturing work has begun this month on the Greater Cleveland Regional Transit Authority’s (GCRTA) new railcars, said members of the authority’s management team overseeing the replacement of its aging railcar fleet. But until enough railcars are delivered, which won’t happen until 2027, the public will still be riding the oldest trains among any transit authority in the nation.

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Cleveland Vibrator to be razed for apartments

In the coming weeks, demolition crews are due to level the fabled Cleveland Vibrator machine shop, 2828 Clinton Ave., in the Hingetown section of Ohio City for a large apartment complex. Site preparations for two new apartment buildings will take place over the winter with construction work to follow, said Jon Pinney, managing partner at the project’s developer TurnDev.

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Downtown Lakewood project nears final approval

To finally repurpose the site of the former Lakewood Hospital that was closed in 2016, plans for a proposed major development have one more hurdle at the city of Lakewood to clear before crossing the finish line. That last hurdle, City Council, will take up those plans next month. If they’re approved by the end of this year, construction could start by Spring 2025 on the $100-plus million development.

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