Development team members of a proposed high rise in Cleveland’s Ohio City neighborhood are going back to the drawing board again. While this redesign may be less significant than the last one, done to bring Bridgeworks’ costs in line with available financing, its impact on the residential-hotel-retail project’s $60+ million budget is not yet known.
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More evidence emerged today that the riverfront development of Tower City Center in downtown Cleveland isn’t some distant-future exercise of Bedrock Real Estate and instead is an active development project. That evidence was found in Detroit-based Bedrock hiring world renowned architect Sir David Adjaye OBE.
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If it seems like there’s been a sudden increase in real estate development projects in Cleveland lately, you’re not alone. And last week, the city’s Building Department received applications for zoning reviews and eventual building permits of three decent-sized projects — in one day.
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There is increasing evidence that Bedrock Real Estate is advancing more quickly in developing its downtown Cleveland riverfront development vision despite earlier information that it would take a longer-term approach there. There simply is more visible activity happening there compared to a site in the Gateway District where real estate investments were reportedly in planning.
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More, bigger and sooner was the message this week from the Cleveland Clinic about its Main Campus expansion plans. The scope and timing of those plans got a lot clearer at the Clinic’s inaugural Construction Supplier Diversity and Inclusion Day.
Read MoreCleveland Clinic: on your mark, get set, build! Read More »
All three major league sports teams in Cleveland have real estate development plans for downtown Cleveland. They are some of the grandest visions that have been put out there.
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Details of a $90 million proposed development of the city-owned Lakewood Hospital site were announced today by Lakewood Mayor Meghan George. The plan and the terms of the city’s draft agreement with a development team led by Columbus-based CASTO Communities now go to City Council for its review and possible approval.
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If you have a car collection and want to live next to it, then the proposed Stokes West development isn’t for you. But if you’re new in town and will be working or studying at one of University Circle’s many growing employers and institutions, then developer Brent Zimmerman says he has something in mind for you.
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Successful leasing of apartments at the INTRO mixed-use project is encouraging its developer to pursue a 15- to 16-story high-rise with its next phase of the Market Square development, across the street from the West Side Market.
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What started out with two significant real estate purchases on either side of West 117th Street in Cleveland and Lakewood by a development partnership has since expanded to seven properties. And what was originally a $75 million vision for renovating the old Phantasy Theater complex called Studio West 117 has grown even further.
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