CLE Consulting Firm, a growing provider of business accounting and tax services, has reached a purchase agreement to acquire the Euclid Gallery Building, 7029 Euclid Ave. in Cleveland’s MidTown neighborhood, public records show. The faded masonry building will reportedly be renovated as the new headquarters for the company which also has offices in Akron, Cincinnati, Columbus, Toledo and Atlanta.Read More
Seeds & Sprouts 33 – Sankofa Village Phase 4 coming, West 48th gets more townhomes, So might Midtown, Intro adding salon
Sankofa Village will be adding its fourth, final phase in Cleveland’s Central neighborhood. An extra space just off West 48th getting more townhomes. One Midtown Luxury Townhomes seeks expansion. And Intro gains national beauty salon chain as tenant.Read More
Long considered as the affordable and accessible place to live between downtown and University Circle, the Midtown neighborhood of Cleveland is starting to take off. Multiple development projects are under way or planned in this area, midway between two of Ohio’s largest employment hubs — the city’s central business district and its eds-and-meds hub. And a project that many consider to be the key to unlocking further development in Midtown is finally moving forward.Read More
Cerner Corp., a healthcare division of software giant Oracle, is planning to open a training center at 3121 Euclid Ave. near downtown Cleveland that could accommodate hundreds of people in classrooms simultaneously. The proposed training center speaks to Oracle/Cerner’s growing presence in Greater Cleveland and the addition of another major healthcare employer to the region’s economy.Read More
Yesterday in Baltimore, Treasurer of the United States Chief Lynn Malerba awarded $5 billion worth of New Market Tax Credits (NMTC) nationwide, with $80 million of that to support real estate development projects Greater Cleveland. The projects are intended to be transformative by attracting private investment to create jobs in underserved communities.Read More
A sprawling factory complex on Cleveland’s near-East Side is proposed to be demolished by its owner of the last 130 years, General Electric (GE). The Design Review Committee of Cleveland’s City Planning Commission will hear a presentation this week by GE’s engineering consultant Stantec on why it should approve demolition of the factory, called the Euclid Lamp Plant, 1814 E. 45th St. But not everyone agrees the factory has to be razed before the property can be sold by GE.Read More
A large, historic, two-level bowling alley that was once an industrial building has found new life with a new owner. Or at least a portion of it has found a new purpose and will provide something that Cleveland doesn’t apparently yet have.Read More
This is the Seventeenth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.
Cleveland Cavaliers team shop to get facelift.
Minute Men Staffing publicly releases HQ expansion plans.
Two townhouse projects planned, east and west.
UPDATED DEC. 16, 2020
One of the last surviving Euclid Avenue mansions is facing possible demolition to make way for a significant mixed-use real estate development by a national developer. It is one of several real estate developments popping up in the area.Read More