Lakewood

Cleveland-area affordable housing wins financing

While only one proposed affordable housing development in Cuyahoga County was awarded the coveted 9 percent Low Income Housing Tax Credits (LIHTC) from the state, four others in the county got conditional approval, putting them in a good position to get financing in the near future. All five developments, if built, would add 247 total units of affordable housing in the county.

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Local projects may benefit from federal incentives

Having too much office space, not enough housing inventory and tight private financing to address those conditions isn’t just a Greater Cleveland phenomenon. It’s a nationwide problem. So the federal government on Friday announced incentives to encourage the conversion of high-vacancy commercial buildings to residential use and develop surplus land owned by transit agencies.

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GCRTA stations: lots of opportunity

In recent months, the Greater Cleveland Regional Transit Authority (GCRTA) has served notice that its rail system isn’t going anywhere. And that could be interpreted in one of two ways. In one way, GCRTA plans to invest $540 million by the end of this decade to rebuild its 34-mile rail system including a new, standardized light-rail fleet plus rebuilt tracks and stations on the Red, Blue and Green lines. Greater Cleveland’s “Rapid” is sticking around for decades to come. But taking it another way, there are no expansion plans while ridership on GCRTA buses and trains fell nearly 60 percent from 2013 to 2021 “led” by its rail system which fell even farther, from 9.3 million boardings in 2013 to 2.9 million in 2021.

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West 117th’s fast-food makeover

The sites of three fast-food restaurants in a short stretch of the Cleveland side of West 117th Street are about to get a new look. But only one of them isn’t going to be slinging its quick, cheap chow anymore. The other two will continue to offer fast food and to make it easy, if not easier to grab the grub and go without having to get out of your car. And all three sites will continue the practice of building single-use structures along a busy thoroughfare whose car-dependent land-use patterns have more in common with outer suburbia than being in the midst of one of Greater Cleveland’s most densely populated areas.

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NE Ohio wins $26M in historic tax credits

An ambitious plan to redevelop the mostly vacated Park Synagogue, 3300 Mayfield Rd., and its 28 acres of land in Cleveland Heights was the big winner in today’s awarding of $50.56 million in Ohio Historic Preservation Tax Credits to 38 projects statewide. But Northeast Ohio overall did pretty in this latest round of historic tax credit awards, winning more than $26 million for 11 projects.

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GCRTA wins $130m for new trains

In 2021, as chair of the U.S. Senate Banking, Housing and Urban Affairs Committee, which has jurisdiction over public transportation, U.S. Senator Sherrod Brown (D-Ohio) championed the creation of a new federal program to fund the replacement of aging rail transit cars. Today, he shared the news that the Greater Cleveland Regional Transit Authority (GCRTA) was awarded $130 million from this program to narrow a funding gap in its $393 million effort to replace its four-decade-old rail car fleet. The award represents the largest single grant to the GCRTA in its 48-year history.

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GCRTA gives final OK to new rail car purchase

After at least eight years of discussion and planning, the Greater Cleveland Regional Transit Authority (GCRTA) Board Members unanimously voted to approve the Rail Car Replacement Team’s recommendation of Siemens Mobility Incorporated as the preferred vendor to replace their aging rail fleet during today’s GCRTA Board meeting. This follows a detailed presentation and committee recommendation made on April 4.

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It’s official: Lakewood Center West sells

While Lakewood waits on the Downtown Lakewood development, a mostly residential development could come to this inner-ring suburb’s former office and current retail district even sooner. According to Lakewood city officials and Cuyahoga County records, a Brooklyn, NY-based developer has acquired the seven-story Lakewood Center West at the northeast corner of Detroit and St. Charles avenues for $2.4 million. The developer told NEOtrans that they envision 60-70 apartments on the upper floors and will retain the ground-floor and basement commercial tenants.

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Seeds & Sprouts XXVII – Downtown apts groundbreaking due, Factory to be artist studios, Urgent Care tosses Pizza Hut

Groundbreaking is due in mid-March for The Apartments At Bolivar in downtown Cleveland. A former factory on East 45th Street in Asiatown is being renovated into the Belden Building artist studios. And the Pizza Hut at Detroit Avenue and West 117th Street will be demolished for an Urgent Care Center.

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Lakewood site prepped for development

Fences went up today at Lakewood’s East End around a former National Tire & Battery (NTB) store and its parking lot at the southwest corner of Detroit and Coutant avenues. In the coming days, the NTB store will come down while hydraulic lifts in the building’s vehicle repair shop will be removed and possibly some of the soil surrounding the lifts, too. Those are just some of the activities that will prepare the site for the next phase of the Studio West 117 development.

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