Final design of a 15-story mixed-use tower that’s proposed to be built at the west end of the Detroit-Superior Bridge was narrowly approved today by Cleveland’s Landmarks Commission. But whether the project actually gets built reportedly will depend on whether the project, called Bridgeworks, will win a “megaprojects” tax credit from the state in a few weeks.
Read MoreBridgeworks wins Landmarks OK, awaits financing Read More »
A new Web-based development tool went live today to give prospective real estate investors more information on where and what is going on around sites in which they may be interested. The tool, developed by the Greater Cleveland Partnership and City Architecture of Cleveland, is available to the public free of charge and without any registration required.
Read MoreGCP’s new web tool gives development insights Read More »
A new initiative has started that, if successful, could reverse decades of urban sprawl, a hollowing out of Greater Cleveland’s urban core and an erosion of its transit system. Those conditions create a wide variety of problems that hurt the region’s environment, safety, economy, human health and exacerbates poverty. The new initiative would reverse that course by encouraging more pedestrian-friendly, mixed-use developments along high-frequency transit corridors in Cleveland and Cuyahoga County.
Read MoreGreater Cleveland TOD initiative on track Read More »
With City Planning Commission approval behind it, the developer of Harbor 44 is ready to set sail on its next phases of the mixed-use development in Cleveland’s Ohio City neighborhood. Local Development Partners, LLC (LDP) in 2021 completed phase one at the southeast corner of Lorain Avenue and West 44th Street, called Harbor Street before 1905.
Read MoreHarbor 44 sets new course in Ohio City Read More »
A Beachwood-based real estate development company that’s less than two years old is making a lot of big moves in acquiring real estate in Cleveland’s urban core. The “where, why and how” questions surrounding those acquisitions are answered by “who” is behind those buys.
Read MoreNew developer turns in big property plays Read More »
When real estate developer Bob Stark thought up the Ohio Transformational Mixed Use Development (TMUD) tax credit several years ago, he envisioned it as a means to transition from tapping historic tax credits for renovating old buildings in downtown Cleveland to afford building new ones. His rationale was that, with the supply of obsolete commercial buildings dwindling to provide new residential inventory, a new financial incentive would be needed to overcome Cleveland’s high construction costs and low rents to satisfy downtown housing demand.
Read MoreOhio megaproject applications released Read More »
After a developer entered a project design contest recently, it did more than just win some money. It also gave some insights into its next big construction project in Cleveland’s Ohio City neighborhood. But a spokesman for the developer, Harbor Bay Real Estate Advisors, cautioned that the basic design it submitted was merely a study of how the project’s second phase could be built in an innovative way.
Read MoreINTRO phase 2 gets a bit clearer Read More »
A number of factors have come together to prompt the Great Lakes Brewing Co. to seek a relocation of its production facilities from its longtime location in the heart of Cleveland’s Ohio City neighborhood. Previously, the large craft beer brewer had considered expanding production to properties it acquired over the last four years along the Cuyahoga River on Scranton Peninsula in the Flats. Now it appears that it may move all of its production to the nearly 10-acre site.
Read MoreGreat Lakes Brewing on the move Read More »
While a complete list of applicants for so-called “megaproject” tax credits won’t be available until sometime next week, NEOtrans has learned who a few of the local applicants are and aren’t, including at least one surprise. The deadline was today at 5 p.m. for submitting applications to the Ohio Department of Development for the second round of Transformational Mixed Use Development (TMUD) tax credits that could total $100 million.
Read MoreMegaproject candidates — a partial list Read More »
Major design revisions to a large mixed-use building planned for West 25th Street at Columbus Road at the south end of Tremont’s Duck Island’s neighborhood have won the project praise and support from civic groups, especially for redesigning an intersection in front the proposed building.
Read MoreThe Pearl gets major redesign Read More »
