Mayor Justin Bibb

Cleveland development: what to look for in 2024 — Downtown

/

For many in the real estate investment community, 2023 was the year when few new big projects were financed. The projects that were already financed under better, prior market conditions saw their construction advance, making the real estate landscape appear rosier than it really was. Now, however, as we enter 2024, there is a light at the end of the tunnel with developers already reviving or making new plans.

Read More

Cleveland development: what to look for in 2024 — Downtown Read More »

Three big county projects about to advance

/

Fifteen years ago, when the Great Recession could let someone go bowling down East 9th Street without hitting anyone, three major construction projects were about to get started and provide the city of Cleveland with much-needed economic stimulus. Back then, construction of the new Huntington Convention Center, the Flats East Bank redevelopment, and the new Inner Belt highway bridges represented a total public works investment of nearly $1.5 billion.

Read More

Three big county projects about to advance Read More »

More international flights arriving Cleveland

/

Joined by Cleveland airport officials, Frontier Airlines today announced that it will be starting nonstop flights to Montego Bay, Jamaica in March with an introductory low fare. The new, direct flight is the first new international flight from Cleveland Hopkins International Airport resulting from its new crew base there. But it may not be the last.

Read More

More international flights arriving Cleveland Read More »

North Coast development authority launched

/

With updated plans for redeveloping downtown Cleveland’s lakefront steadily rolling in like Lake Erie’s waves, the nonprofit development corporation charged with funding and implementing those plans also is coming together. Today, Cleveland Mayor Justin Bibb announced the initial board of directors for the new North Coast Waterfront Development Corp. (NCWDC) and its chair, David Gilbert, CEO of Destination Cleveland and the Greater Cleveland Sports Commission.

Read More

North Coast development authority launched Read More »

Cleveland, Bedrock OK roles in $3.5B project

/

Yesterday, at its regular weekly meeting, Cleveland City Council voted to approve an updated and expanded Master Development Agreement (MDA) between Bedrock Real Estate and the city of Cleveland that serves as a guiding framework for Bedrock’s planned $3.5 billion riverfront development project. As one might expect, with such a large, multi-phase development, the project and its legal and fiscal frameworks are very complex. But the new frameworks helps spell out what is expected of each party.

Read More

Cleveland, Bedrock OK roles in $3.5B project Read More »

Erieview, Galleria redo: steps forward, back

/

A $193 million redevelopment of half-empty Erieview Tower and its associated and similarly vacated Galleria shopping mall, 1301 E. 9th St.,  is the first big project to request a scaled-down tax abatement from the city under Mayor Justin Bibb’s new abatement policy. That policy reduces the amount of tax abatement for new construction or renovation in stable, wealthier neighborhoods in Cleveland, including downtown.

Read More

Erieview, Galleria redo: steps forward, back Read More »

City reveals its lakefront vision

/

A preliminary design for downtown lakefront improvements was unveiled yesterday by the city and its consulting team at the Great Lakes Science Center to advance the project development process. The process would then move into final design, fundraising and environmental permitting so construction could begin possibly in the next two years. But there are some notable differences in the city’s lakefront vision when compared to one commissioned and released two years ago by the owners of the Cleveland Browns football team, The Haslam Group.

Read More

City reveals its lakefront vision Read More »

Browns Stadium talks tackled for no gain

/

At a press conference this week, Cleveland Browns owners Jimmy and Dee Haslam raised some eyebrows with their comments about the current stadium and where the football team might play in the future. Among other remarks, Jimmy Haslam interjected that “The only thing Dee and I would say for sure is we’re not leaving Northeast Ohio.” According to a team source familiar with its negotiations with the city of Cleveland, that remark was a subtle nudge to the city to resolve an apparent impasse in negotiations. The source added that, if the team doesn’t see more progress, it could leave Cleveland for a new stadium in the suburbs.

Read More

Browns Stadium talks tackled for no gain Read More »

City considers re-legalizing the city again

/

The city of Cleveland’s Board of Zoning Appeals’ docket regularly sees cases like this. On Monday, Sally Banks LLC will ask the board to allow it add a 1,100-square-foot addition to its popular Treehouse pub, 820 College Ave. in Tremont, without adding off-street parking spaces. It’s the second time the pub is expanding and it’s the second time it has had to go through the process of getting a variance to ignore the city’s zoning laws. Those zoning laws say the pub has to add an off-street parking space for every 100 square feet of new business space. The average cost per parking space to build a surface parking lot is $5,000, city data shows.

Read More

City considers re-legalizing the city again Read More »

Scroll to Top