A Central Ohio developer was awarded millions of dollars worth of tax credits based a conceptual plan for a senior apartment complex called Wade Park Station, located where Cleveland’s University Circle and Glenville neighborhoods meet East Cleveland.
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Earlier this month, a letter was sent by an Indianapolis-area real estate developer to Cleveland Mayor Justin Bibb and City Council notifying them of its desire to develop a lakefront apartment project and their intention to seek Low Income Housing Tax Credits (LIHTC) for it.
Read MoreLakefront apartment complex planned near Downtown Cleveland Read More »
Cleveland City Planning Commission today approved designs for a 55-unit affordable senior housing development in Cleveland’s Hough neighborhood. While that isn’t such a big story anymore, given the heightened pace of investment in this former poster child enclave of urban decay, it is when you consider the plans for this project were submitted to the city only in May.
Read MoreHough senior housing tests first new zoning in 96 years Read More »
Two new Cleveland housing construction projects and one renovation won coveted, highly competitive 9 percent Low Income Housing Tax Credits (LIHTC) from the Ohio Housing Finance Authority (OHFA) today. The awards promise a big financial boost to each of the projects which are located in the Glenville, Hough and Ohio City neighborhoods.
Read MoreGlenville, Hough, Ohio City housing wins big Read More »
A Central Ohio developer is proposing a senior affordable housing complex across the street from the long-vacant Hough Bakery plant, which appears to be a part of renewed interest in redeveloping this area. The site, in Cleveland’s Glenville neighborhood is also across the street from East Cleveland’s Circle East District.
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There’s an underutilized 50-acre area on Cleveland’s near-West Side dubbed the BVQ District. It is surrounded by Ohio City, Tremont and the La Villa Hispana section of Clark-Fulton. All of those neighborhoods have seen, and continue to see a lot of investment. BVQ has been walled off from that activity by Interstate 90 and the Red Line tracks. But like water overtopping a dam, soon that dam is going to break.
Read MoreCleveland’s new hot spot: BVQ District. Here’s why… Read More »
Six weeks ago, city officials announced that they had picked Pennrose, LLC and its proposal to build senior affordable apartments on the current site of the Thomas F. McCafferty Health Center, 4242 Lorain Ave. in Cleveland’s Ohio City neighborhood. Now, with a Pennrose-led development team submitting to the state its application for Low Income Housing Tax Credits (LIHTC) for the project, the public can see the developer’s proposed plan.
Read MoreMcCafferty site redevelopment in Ohio City revealed Read More »
The site of the former Hilliard Square Theater that closed in 1988 and was demolished in 2017 could become an affordable senior housing development if its developers win highly competitive Low-Income Housing Tax Credits (LIHTC) and a loan from the state.
Read MoreLakewood senior housing planned at ex-theater site Read More »
Efforts by city officials to repopulate Cleveland neighborhoods don’t always go smoothly when residents and community officials have gotten used to not having people, density and activity around for decades. But a mixed-use project intended to restore some of that urbanity got approved today by the Landmarks Commission in a contentious meeting.
Read MoreWatterson-Lake Apartments design approved Read More »
Projects that have languished for half as long as the redevelopment of the Warner & Swasey factory, 5701 Carnegie Ave., were ultimately abandoned. But not this one and the reason is because just about anyone who follows redevelopment locally wants its catalytic reactivation for the benefit of Cleveland’s Midtown neighborhood.
Read MoreLong-sought Midtown developments have a pulse Read More »
