Although early in the process, Playhouse Square Foundation is leading an effort in Downtown Cleveland that could result in the closure of Huron Road to vehicles to allow for the expansion of US Bank Plaza and create a venue for a street market of pop-up vendors and artists. The potential closure to cars and trucks could affect a short stretch of Huron that’s closest to Euclid Avenue.
Read MoreDowntown: Huron may close for street market Read More »
With financing now in hand, look for demolition and construction work to start this summer for the Residences at Bolivar, 1060-1124 Bolivar Rd., in downtown Cleveland’s Gateway neighborhood. The work was made possible by Chicago-based JLL Capital Markets arranging $38.5 million in construction financing and co-general partner equity in the project from an affiliate of another Chicago firm, Leopardo Companies. JLL Capital Markets announced the financing in a written statement this week.
Read MoreDowntown project wins financing 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 »
According to sources, there is a reason why NEOtrans first started hearing a lot about Bedrock-HBSE joint development near the Gateway sports complex, and then heard nothing. That void was filled by new activity surrounding Bedrock Real Estate’s interest in the riverfront below Tower City Center instead.
Read MoreGuardians suitor, real estate may not happen Read More »
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 »
After Ohio legalized sports betting last December, several locations in downtown Cleveland are getting ready to compete in offering sportsbook retail venues where customers can place bets on a wide variety of sporting events. And they’re doing it before the Ohio Casino Control Commission has established the ground rules for making applications for up to 40 sportsbook licenses statewide.
Read MoreDowntown sites to add retail sports betting Read More »
All three major league sports teams in Cleveland have real estate development plans for downtown Cleveland. They are some of the grandest visions that have been put out there.
Read MoreCleveland teams’ major league real estate plans Read More »
Although the now-dead nuCLEus plan enticed us with its promise of a large-scale project for seven years, there are growing indications that a potential megaproject in downtown Cleveland’s Gateway District could be even larger.
Read MoreDowntown Gateway megaproject coming to light Read More »
Cleveland Cavaliers owner Dan Gilbert along with potential Cleveland Guardians’ minority owners, partners David Blitzer and Josh Harris, are reportedly joining forces on two huge, coordinated real estate developments that would transform downtown Cleveland between its central business district and the Gateway sports facilities.
Read MoreGateway megaproject taking shape Read More »
If you thought 2021 was busy real estate-wise, there is every indication that 2022 is going to be even busier. How busy? Take a look….
Read MoreThere’s much to look forward to in 2022 Read More »
