At 1 a.m. April 10, 2024, a former funeral home dating to 1865 at 4434 Lorain Ave. in Cleveland’s Ohio City neighborhood went up in flames. So too did real estate developer My Place Group’s plans for renovating it as part of a larger mixed-use development called 45 West.
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While it may be unlikely the existing Huntington Bank Field will remain standing if and when the Cleveland Browns leave it, the head of a nonprofit corporation overseeing lakefront development kept the door open for the National Football League team to return if it chooses. But the clock is running for the Browns’ owners to compete with other prospective lakefront developers to respond to a request for qualifications (RFQ) issued last month.
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Bedrock Real Estate, Cosm and a project architect are already moving forward with plans to build a new immersive entertainment and hospitality venue in Downtown Cleveland known as Cosm Cleveland. And those conceptual plans crossed their first big hurdle today with unanimous support from the City Planning Commission.
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Fifty weeks ago, NEOtrans got a tour of the Skyline 776 apartment tower just as its first tenants were moving in. But those tenants were moving into a 23-story high-rise that was still under construction and recovering from a sudden transition. Nearly a year later, work is still be done on the building, at 776 Euclid Ave. in Downtown Cleveland. But a lot has been done and there is finally an end-date in sight.
Read MoreDowntown’s latest high-rise gets finishing touches Read More »
Greater Clevelanders have often lamented the large number of downtown lakefront redevelopment plans that have come and gone without producing much, if anything — other than more paper. Sadly, so have the large number of plans for a downtown intermodal transportation hub. They’ve sparked as much as a match in a vacuum would.
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It’s not a good situation when the two major commercial segments of the market — office and industrial — are both seeing sluggish times in terms of leasing activity. In fact, both sectors in Greater Cleveland saw tenants give back more space to the market than they absorbed due to some large, high-profile departures.
Read MoreCleveland Office, industrial markets dip in 2nd quarter Read More »
Improving access to a re-envisioned Downtown Cleveland lakefront by more than just driving has been a focus of the city’s lakefront master-planning process. But the details on how that could be done so far have been vague and conceptual. That will change as a result of a $960,000 federal grant awarded this week to the city.
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In a request for qualifications (RFQ) issued by the city of Cleveland last week for the development of lakefront land, all but 22 acres of it has a city masterplan established for it. That 22-acre exception is the site occupied by Huntington Bank Field which the city is offering up as a blank slate for those with ideas and other wherewithal.
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In recent weeks, five major residential developments on Cleveland’s East Side are seeing substantial progress that could propel them to construction by the end of the year. And, 12-18 months thereafter, 537 new apartments, many of them with below-market rents, could be ready for residents to move in.
Read More537 apartments for Cleveland’s East Side get boost Read More »
After experiencing success with two other apartment complexes it built in recent years on Cleveland’s East Side, an Akron-based developer is pursuing a third. But each of the three developments by Signet Real Estate Group has used a different design approach,
Read MoreThree-building apartment complex planned on Euclid, Chester in Midtown Read More »
