Ohio City

Ohio City apartment project gets ‘The Vibe’

Things are starting to come together for new construction on one of Ohio City’s largest development sites. A new developer is at the ready. A project architect was selected and a firm that typically provides construction general contracting has been added to guide the development’s design. The developer even has a name of the development and some basic, preliminary design concepts regarding scale. But what isn’t yet known for certain is the programming for the project and if it will include a ground-floor commercial use, like a restaurant.

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Boost in historic tax credits benefits Ohio projects

Ohio announced state support for 54 rehabilitation projects that will restore 57 historic buildings across the state including eight redevelopment projects in Cleveland. According to state officials, the projects statewide are expected to leverage approximately $1.01 billion in private investment. The projects were awarded funding as part of the Ohio Historic Preservation Tax Credit Program (OHPTC), administered by the Ohio Department of Development. In total, 21 communities across the state are receiving awards, which total $64,132,847 in tax credits with $14.5 million of that going to Cleveland projects.

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Four NE Ohio projects win TMUD credits

In the first round of Ohio’s Transformational Mixed Use Development (TMUD) tax credit program, more than half of the major-city credits went to Cleveland. Today, more than half of those credits went to just two projects in Columbus. That left enough TMUD credits to benefit two projects in Cleveland — the Erieview redevelopment in downtown Cleveland and the Circle Square megaproject in University Circle. Unfortunately, that also meant that several other projects in Cleveland and Cuyahoga County were left out.

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Bridgeworks seeks options after 2nd TMUD snub

The development team that has sought to build the high-rise Bridgeworks development, 2429 West Superior Viaduct, in the Hingetown section of Ohio City is left with more questions than answers today after being left off the awards list for Ohio Transformational Mixed Use Development (TMUD) tax credits the second time. The Ohio Tax Credit Authority is making its decision on TMUD award winners and losers today, but information about other applicants was not yet available.

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Up to $10M coming to Irishtown Bend Park

In a project beset with hurdles — primarily centered around money — the effort to move forward on developing the 23-acre Irishtown Bend Park in Cleveland’s Ohio City neighborhood got a big financial boost today. That boost came from a $5 million challenge grant from the Jack, Joseph and Morton Mandel Foundation. If enough donations are received by the end of 2024 to match the challenge dollar-for-dollar, it could generate up to $10 million.

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Plans revealed for big Tremont site

Perhaps the largest never-developed piece of land on Cleveland’s near-west side now has a plan for developing it. Tomorrow, a neighborhood-level committee of the City Planning Commission will see and hear a presentation by a development team led by Knez Homes and Property Advisors Group to construct 129 housing units on a 3.65-acre plot of Tremont land Knez acquired last February, a story first reported by NEOtrans.

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$80 million OK’d for Greater Cleveland development

Yesterday in Baltimore, Treasurer of the United States Chief Lynn Malerba awarded $5 billion worth of New Market Tax Credits (NMTC) nationwide, with $80 million of that to support real estate development projects Greater Cleveland. The projects are intended to be transformative by attracting private investment to create jobs in underserved communities.

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Cleveland’s first railroad is history

On an early fall day, Sept. 30, 1847, one of the most prominent men in the fast-growing state of Ohio rolled up his sleeves and joined others in starting the construction of Cleveland’s first-ever railroad. It was a ceremonial groundbreaking not unlike those of today where dignitaries flip dirt with golden shovels to commemorate the start of some new construction project. But, in this case, Cleveland’s first village president, its first attorney and the father of the Ohio & Erie Canal had to get his hands dirty pronto or his new railroad company would lose its charter from the state — again.

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Cleveland benefits from national migration shift

One of North America’s next big migrations may already be underway. And according to early data, it appears that Cleveland and other Great Lakes cities are among those benefitting from it. What’s driving this new migration? The basics — low cost, proximity to family, abundant fresh water and peace of mind from not worrying about your neighborhood catching on fire or washing out to sea.

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Historic Vitrolite Building harnesses new future

Restoration of the historic Vitrolite Building, 2915 Detroit Ave., in Cleveland’s Ohio City neighborhood moved closer to reality when the city’s Landmarks Commission yesterday approved the project with a unanimous vote, along with a few conditions. The nearly century-old building with its unique terra cotta fa├žade is on the National Register of Historic Places. But it has a new future with a new owner who will take it in a new direction.

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