Two near-West Side Cleveland multi-family properties hit the market this week but for two very different reasons. In the Lincoln Park section of Tremont, the still-under construction Treo was offered for sale today. Tomorrow, it will be The Edison’s turn to test the waters in Gordon Square.
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When Miceli Dairy Products Co. turns 100 years old next year, it hopes to open its latest cheese-making expansion in Cleveland’s Lower Buckeye neighborhood, near where Buckeye Road intersects with the new Opportunity Corridor Boulevard.
Read MoreMiceli sees need to store more cheese, please Read More »
Two local businessmen are seeking to redevelop the former Sokolowski’s University Inn restaurant property, 1201 University Rd., into a six-story luxury apartment building, if the project is approved by the city of Cleveland as designed. The first step in the city’s design-review process began yesterday as a Tremont neighborhood block club saw and gave input to the project’s plans for the first time.
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Representatives of a real estate development partnership have been making the rounds of near-west-side neighborhood block clubs to present conceptual ideas and get feedback for developing land next to the West 25th-Ohio City Red Line Station. But those same representatives caution there is no plan yet and there is no guarantee that anything will be built.
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An affiliate of the Cleveland Guardians baseball team has exercised one of two property acquisition options that were offered when the team extended its lease on Jan. 1 to play at Progressive Field for at least another 15 years. The property acquired is a half-acre parcel next to the ballpark and located at the southwest corner of East 9th Street and Bolivar Road.
Read MoreGuardians buy land, but no ballpark village yet Read More »
The director of the Northeast Ohio Areawide Coordinating Agency (NOACA), a metropolitan planning organization, today said she intends to submit to the Federal Railroad Administration (FRA) multiple proposed passenger rail routes through Cleveland for inclusion in the Biden Administration’s multi-billion-dollar rail development program.
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Citing tremendous growth in the number of patients seeking health care, the Cleveland Clinic Foundation (CCF) today formally announced plans for $1.3 billion worth of facilities expansion worldwide. But most of the new construction is planned for its main campus near University Circle in Cleveland.
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This week, the Ohio Department of Development announced that it is opening round two of its new and popular Transformational Mixed Use Development (TMUD) tax credits program on May 18. Authorized for four years with up to $100 million in tax credits available each year, the deadline for submitting TMUD applications for Fiscal Year 2023 is 4 p.m. July 8.
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Plans for building an apartment-hotel tower called Bridgeworks at the west end of the Detroit-Superior Bridge appear to be back on track after the development team made some design changes. Those changes allowed the project to win unanimous support yesterday from the Ohio City Design-Review Committee. The same committee last month sent the project back to the drawing board.
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Two major development projects in Cleveland’s inner ring suburbs won thumbs up last night but in two different ways. In Lakewood, City Council gave its unanimous approval to the framework for an agreement with a Columbus-based real estate firm for a proposed $90 million development at the former downtown hospital site.
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