real estate

University Circle apartments planned

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Although still very early on in the development process, a Greater Cleveland real estate partnership is considering building a 24-unit multi-family development in Cleveland’s University Circle and has a target date of next August for breaking ground on it. The potential development site is across East 118th Street from Case Western Reserve University’s Nobby Ballpark and next to the old East Cleveland Township Cemetery.

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Downtown Cleveland Inc. makes a move

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In written statement to the media and others, Downtown Cleveland, Inc. today announced board approval of its move to a new office location next year. The decision comes after careful consideration of the organization’s operational needs and strategic goals, with the aim of bolstering visibility, enhancing accessibility for stakeholders and the community, and reinforcing its refreshed brand identity.

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Midtown developments accelerate

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Long considered as the affordable and accessible place to live between downtown and University Circle, the Midtown neighborhood of Cleveland is starting to take off. Multiple development projects are under way or planned in this area, midway between two of Ohio’s largest employment hubs — the city’s central business district and its eds-and-meds hub. And a project that many consider to be the key to unlocking further development in Midtown is finally moving forward.

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The fate of East Cleveland

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In the 1950s, after my mother Edith March Prendergast divorced her first husband, she moved herself and her two boys to Greater Cleveland to be near family. After a brief stay at the Alcazar Hotel, she settled at the south end of Glenmont Avenue in Cleveland Heights. Then she moved to the north end of Glenmont which is in East Cleveland. There, she, Dale and Dean stayed until the early 1960s when she married my father James and moved into his home in Lyndhurst.

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For sale: The Justice Center

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All five above-ground buildings in downtown’s Justice Center complex, plus a below-ground parking garage, are being offered for sale by Cuyahoga County as a result of other efforts that could partially or completely vacate the entire 2-million-square-foot facility. The sale includes a three-year leaseback with four additional one-year renewal options so the county and city of Cleveland will have time to carry out those vacating efforts. No sale price was listed for the property but if you have to ask, you probably can’t afford it anyway.

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City Club Apartments tops out

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Cleveland Construction, Inc., the contractor behind the City Club Apartments project in downtown Cleveland, celebrated a significant construction milestone as the project reached its full height. The “Topping Out” event was held today and highlighted by a team lunch provided by Fahrenheit’s food truck and a ceremonial steel beam signing by all the craft professionals building the project.

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Cleveland Thermal target of acquisition

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As Dan Gilbert’s real estate firm gets ready to roll out the details of phase one of its riverfront development, a neighboring fixture on the banks of the Cuyahoga River since 1894 may not be around much longer. The long-closed Cleveland Thermal steam heating plant, 2274 Canal Rd., along with possibly other properties of Cleveland Thermal Generation LLC are in the process of being acquired, according to a real estate source.

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