mixed-use development

University Circle tower goes back to drawing board

Design review of East Stokes, what would be University Circle’s tallest building, was moving along at a rapid clip last fall. Things were moving so quickly that the development team, led by PCP Voyager, anticipated that if City Planning Commission could approve the final plans by Thanksgiving, a spring groundbreaking of 24-story apartment tower might be possible.

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Is DeWine’s stadium tax idea a good bet?

Everything from helping to finance a new stadium for the Cleveland Browns to funding sports programs for low-income families could be supported by a new sports facility and education fund sought by Ohio Gov. Mike DeWine in his proposed state budget. But the proposed fund doesn’t pick a stadium site for the Browns, which appears to give Downtown Cleveland site backers more of a win than it does for the owners of the pro football team.

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Developer to rebuild after Cleveland Hts fire

The developer of the Marquee development has informed Cleveland Heights city officials that it will rebuild the structure that was destroyed by an overnight fire that began Jan. 25. The 139-unit Marquee at Cedar-Lee building fronting Cedar Road in the 13200 block, was still under construction and unoccupied at the time of the fire, which started about 7 p.m.

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Bedrock Riverfront Wins Greater Cleveland’s only TMUD

It seems $100 million doesn’t go as far as it used to. At least it didn’t today when the Ohio Tax Credit Authority awarded $100 million in Transformational Mixed Use Development (TMUD) tax credits to just nine projects statewide. Northeast Ohio won two — Greater Cleveland got just one of those. And that was the last of four rounds of TMUDs authorized by the Ohio General Assembly unless some previous awards aren’t used and are made available.

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Taking steps toward a more walkable Cudell

Unfortunately, there are many places in Cleveland where crossing a wide, busy street is like being the frog in the video game Frogger. But having that be the case at the front door to a rapid transit station reduces the usage of that station. And it reduces the potential for that station to spur the development of housing, jobs and services within a short walk.

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McCafferty Center site to be senior housing

Affordable housing developer Pennrose, LLC. is looking to build on the success of its other Cleveland-area projects with its next venture, this time on the city’s west side. The national developer is partnering with Ohio City Incorporated (OCI) to construct a 72-unit apartment building geared towards seniors and charging rents between 30 percent and 70 percent of the area’s median income.

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