Today the Cleveland port authority’s board of directors approved the hiring of an Ohio construction company for nearly $60 million to stabilize and rehabilitate the Irishtown Bend hillside, a project that is being done foremost to maintain the Cuyahoga River shipping channel. But the work also must be done before any construction can start on the 23-acre Irishtown Bend Park in Cleveland’s Ohio City neighborhood.
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A 28,000-square-foot mixed-use development called 4732 Lorain is proposed at the west end of Cleveland’s Ohio City neighborhood offers to expand densification and neighborhood vibrancy west along Lorain Avenue. And, it would expand real estate developer and owner Jim Miketo’s investments west along that rapidly redeveloping thoroughfare as well.
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Despite the rise in interest rates, there continues to be strong demand for new housing in Greater Cleveland, especially in hot sub-markets like where Cleveland’s Detroit-Shoreway neighborhood meets Ohio City. In areas like that, homes sell for about 2 percent above the list price and get an accepted offer within nine days of going on the market, according to real estate analytics form Norada Real Estate Investments of California.
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A dense, mixed-use development in University Circle on Stokes Boulevard between Carnegie and Cedar avenues was set in motion today with the signing of a ground lease.
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Hingetown bags grocer, Innovation Square to rise, Franklin West spaces out.
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It’s been a banner couple of years for Saucy Brew Works and their founders, Brewmaster Eric Anderson and entrepreneur Brent Zimmerman. And the long-time craft beer fanatics are teaming up for their biggest expansion yet.
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A stretch of Detroit Avenue in Cleveland’s Ohio City neighborhood, once known as Mariners’ Row for its many boat dealers and boating stores, is quickly becoming home to a number of mid-rise apartment buildings. From The Quarter, Federal Knitting Mills, Mariner’s Watch, Edge 32, to the latest and largest project yet — Church + State — more than a dozen blocks of Detroit Avenue next to the West Shoreway (now Edgewater Parkway) are lined with apartment buildings from four to 11 stories tall.
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