mixed-use development

One of Cleveland’s largest lakefront sites is now in play

Turns out the sale of a large Cleveland lakefront property could be good news for a more livable shoreline, after all. The 62-acre former Lake Shore Power Station site just east of Downtown Cleveland, along with the 167-acre Eastlake power plant property and another in Oregon, OH near Toledo were sold last month by Energy Harbor Generation LLC of Akron to a firm that specializes in cleaning up and redeveloping former coal-fired power plant sites.

Read More

One of Cleveland’s largest lakefront sites is now in play Read More »

Cleveland development: what to look for in 2024 — University Circle

Back when Cleveland was an industrial powerhouse, few wanted to live near its dirty, noisy industries. Today, its largest source of employment is the education and health services sector — a cleaner industry to which it’s attractive to live within a short walk or bike ride. It is centered in and near University Circle, surrounded by long-neglected neighborhoods. But investment has been coming into those places — Hough, Fairfax, Glenville, Cleveland Heights’ Top of the Hill, and East Cleveland’s Circle East — bolstering them as neighborhoods of choice.

Read More

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

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 »

Record Rendezvous building among historic renovation awards

An historic building in Downtown Cleveland that housed Record Rendezvous, where the term “rock and roll” was reportedly first used to describe the genre, was awarded tax credits to aid in its restoration. It was among dozens of historic buildings across the state that were awarded credits today by the Ohio Department of Development.

Read More

Record Rendezvous building among historic renovation awards Read More »

East 105th: What difference a decade makes

For many Greater Clevelanders and visitors, they now enter the Cleveland Clinic’s Main Campus and the University Circle area on the new Opportunity Corridor Boulevard. But few people traveled on the East 105th street portion before the boulevard was completed in late-2021. Today’s commuters and visitors may not have a full appreciation of how much the scenery along their commute or visits have changed in less than a decade.

Read More

East 105th: What difference a decade makes Read More »

Sherwin-Williams to move Valspar to Greater Cleveland

Within the next few years, Sherwin-Williams reportedly intends to relocate most, if not all of Valspar’s headquarters and research jobs, or up to 700 employees, from Minneapolis to Greater Cleveland, according to a highly placed source. Global coatings giant Sherwin-Williams acquired its former rival in 2017 for $11 billion, setting off a remarkable growth trajectory for both companies. That is resulting in the construction of a Downtown Cleveland office skyscraper, the gobbling up of more existing office space downtown, a new suburban research center and the start of planning for significant additional downtown office space.

Read More

Sherwin-Williams to move Valspar to Greater Cleveland Read More »

Largest Hough development in a century

The largest planned, single development in a century is proposed for Cleveland’s Hough neighborhood by reutilizing the huge site of the closed Martin Luther King Jr. High School, 1651 E. 71st St. On that 11-acre property bounded by Hough and Lexington avenues plus East 71st and 73rd streets, 310 housing units and two divisible commercial spaces are planned as part of a neighborhood destination.

Read More

Largest Hough development in a century Read More »

Plaza sought atop Ohio City Red Line station

In Cleveland’s Ohio City neighborhood, the Greater Cleveland Regional Transit Authority (GCRTA) and a private developer will seek federal funding for a bridge cap over the Red Line transit tracks, West 25th Street train station and the Red Line Greenway to improve pedestrian connections to existing and future developments. GCRTA’s board on Tuesday will vote on a staff recommendation to authorize the pursuit of funds to plan for and construct the bridge cap to support a pedestrian plaza and provide a second stairwell/elevator entry, called a station head house, to the rail station below. GCRTA’s board typically approves staff recommendations.

Read More

Plaza sought atop Ohio City Red Line station Read More »