With financing closed, construction work will begin in the next couple of weeks on the $40 million rehabilitation and conversion of the historic 700 Prospect Ave. office building into apartments, called The Electric Building. And now the ground-floor has the end user of its lone commercial space identified — Tom’s Watch Bar, a national chain sports bar founded in 2014.
Read MoreRenovation starts on downtown’s Electric Building Read More »
The rumor mill of Cleveland sports is always turning. And lately it’s been turning out rumors that Cleveland has won the 16th franchise of the National Women’s Soccer League (NWSL). Others are dropping hints of this possibility while at the same time managing expectations.
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An obviously exasperated Cleveland Mayor Justin Bibb today claimed the owners of the Cleveland Browns football “abandoned” downtown for suburban Brook Park, in a move due to be announced by the team as early as tomorrow. But Cuyahoga County Executive Chris Ronayne said he wasn’t ready to concede defeat yet.
Read MoreBibb: Haslams, Browns ‘abandoned’ Cleveland Read More »
Although it’s not the full $260 million federal grant that city of Cleveland officials had hoped to get for its lakefront vision, the $59.7 million it won today from U.S. Department of Transportation will knock down the first lakefront domino. Once knocked down, other aspects in the city’s plans can be funded and built.
Read MoreCleveland gets $60M to redo Shoreway as boulevard Read More »
Shaker Square mainstays Edwins Restaurant and Edwins Too on the other side of the square may not be staying put much longer. In fact, they could be headed for the former Nighttown restaurant location in Cleveland Heights to avoid what Edwins’ owner Brandon Chrostowski says is a worsening safety issue at Cleveland’s Shaker Square.
Read MoreEdwins leaving Shaker Square for ex-Nighttown Read More »
To finally repurpose the site of the former Lakewood Hospital that was closed in 2016, plans for a proposed major development have one more hurdle at the city of Lakewood to clear before crossing the finish line. That last hurdle, City Council, will take up those plans next month. If they’re approved by the end of this year, construction could start by Spring 2025 on the $100-plus million development.
Read MoreDowntown Lakewood project nears final approval Read More »
The Port of Cleveland board on Friday approved issuing up to $15 million in taxable bonds for financing of the $25.6 million Taylor Tudor Plaza Project, part of the first phase of a larger $150 million mixed use neighborhood revitalization of the Taylor Road neighborhood in Cleveland Heights.
Read MoreTaylor Tudors in Cleveland Hts. get financed Read More »
It seems that the clock has run out on city of Cleveland and Cuyahoga County leaders on keeping the stadium downtown for the Cleveland Browns football team’s home games. NEOtrans has learned that the Browns’ owners, the Haslam Sports Group, are due to make an announcement soon, possibly by the end of this month, that they will put all their efforts into building a new covered stadium in suburban Brook Park.
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Last evening, a new Cleveland Housing Investment Fund (CHIF) was launched when Cleveland City Council passed legislation that requires the city to provide financing to the new fund. The city’s $18 million commitment leverages $20 million pledged by Cleveland-based KeyBank to boost the development of mixed-income rental housing and home ownership opportunities.
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As Case Western Reserve University (CWRU) approaches its 200th anniversary, just two years away, the growing college has just one megaproject on its syllabus for Cleveland’s University Circle — the $300 million Interdisciplinary Science and Engineering Building. So CWRU’s bicentennial legacy is to do what it has often done — prudently build when it needs to, not when it wants to. Even so, news of what the university is not building may come as a surprise.
Read MoreCWRU’s South Residential expansion stops Read More »
