mixed-use development

Burke Airport closure studies released by city

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Two reports laying out the steps for potentially closing Burke Lakefront Airport in Downtown Cleveland were released today by Cleveland Mayor Justin Bibb’s Administration. While Bibb said the reports show there are more benefits to closing Burke than costs, he and other city officials caution that no decision has been made to close the airport, so no steps have been started in that direction yet.

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Slavic Village redevelopment plans progress

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A Cleveland-New York development partnership is seeking financing for a significant remake of the heart of Cleveland’s Slavic Village at Broadway Avenue and East 55th Street. And an application for Low Income House Tax Credits (LIHTC) is bringing more clarity to the partnership’s redevelopment plans that were first revealed publicly by NEOtrans in May 2023.

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Clinic’s megaprojects construction are on time

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Cleveland Clinic’s three major construction projects at its Main Campus near Cleveland’s University Circle are progressing on or close to schedule, according to a Clinic spokesperson. However, at this point, it appears that any follow-on projects at or near the Main Campus may not be happening for a while, according to two sources familiar with the Clinic’s capital planning.

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Port OKs $170M financing for major projects

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The Cleveland-Cuyahoga County Port Authority’s board of directors today approved $170 million in bond financing to fuel a series of high-impact projects, including a large redevelopment of land that contained a former Veterans Administration facility, a major manufacturing expansion, and refinancing bonds for a nonprofit school that will free up more resources for more renovations.

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Great Lakes Brewing revisits Scranton Peninsula move

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NEOtrans has learned that one of Ohio’s oldest craft brewers is not only seeking to remain in Cleveland but is dusting off old plans to move its production facilities to Scranton Peninsula in Cleveland’s Flats. Sources familiar with the Great Lakes Brewing Company’s (GLBC) plans said that if public funding can be found to clean and prepare the vacated industrial site for redevelopment, it will likely relocate there.

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Samsel Supply to close its doors after 66 years

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When they sold their properties on Old River Road in Cleveland’s Flats East Bank to a developer nearly three years ago, Samsel family members had declined to answer where they would relocate their commercial supply business, Samsel Supply Company. No one else in local real estate circles seemed to know either. Turns out the reason was a simple one that few had considered — they’re not relocating. They’re closing.

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New family clinic coming to Clark-Fulton

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Cleveland’s growing demand for affordable health care and having one of the worst infant mortality rates in the country is behind a new clinic planned for Cleveland’s Clark-Fulton neighborhood. Cleveland-based Neighborhood Family Practice (NFP) is proposing to open a community health center in the newly refurbished Northern Ohio Blanket Mills at 3466 St. Rocco Ct.., just off Fulton Road.

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Hough MLK Plaza redevelopment advances

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While Northern Real Estate Urban Ventures, LLC (NREUV) is getting ready to break ground this week on its first Cleveland development, it’s already putting together the pieces for its next project here. The redevelopment of MLK Plaza, 9300 Wade Park Ave., in Cleveland’s Hough neighborhood would replace an aging, mixed-use complex with modern, low-income housing over ground-floor programming and common areas.

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Cleveland offers up prime Ohio City property

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Cleveland city officials followed through on a promise they made in early July when they announced they would be making the city-owned McCafferty Health Center property, 4242 Lorain Ave., available for redevelopment. Today, they issued a formal invitation to professional real estate development teams to respond to a Request for Qualifications (RFQ) to redevelop the site and address the need for affordable housing in the Ohio City neighborhood.

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