real estate

Cleveland seeks one big grant for lakefront connector, Shoreway Blvd, multimodal station

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In one of the largest single federal grant requests ever by the city of Cleveland, Mayor Justin Bibb’s administration is seeking $268 million from the federal government to tackle four main lakefront improvement projects simultaneously. The projects, which include reconfiguring the Shoreway highway into a boulevard with intersections, have the backing of the Ohio Department of Transportation (ODOT), Cuyahoga County and others.

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State lawmakers support some stadium funding

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A new multi-purpose stadium sought by the owners of the Cleveland Browns in suburban Brook Park appears to be growing legs thanks to a willingness by state lawmakers to fund a significant portion of the stadium’s construction costs. The biggest questions at this time are how much state funding may be forthcoming and will it make a big enough dent in the public sector side of the financial equation.

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Downtown’s 800 Superior for sale, big tenant leaving

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Today, CBRE Cleveland announced that is listing the 23-story 800 Superior office tower in Downtown Cleveland for sale and said one of the property’s largest tenants, National General Insurance likely will not renew its lease at the building when it expires in two years. Meanwhile a spokesman for insurer AmTrust Financial, which is the building’s other large tenant, said it intends to stay at the building. Both companies have naming rights on the building.

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Why aren’t the Browns buying this key piece of land?

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On Cuyahoga County real estate parcel maps, a narrow strip of land owned by FirstEnergy knifes into the heart of a Brook Park site the owner of the Cleveland Browns football team reportedly wants for a possible new domed stadium. Despite its prominence on the map, no one in Cleveland media apparently has asked its owner if it has any agreements with anyone for its potential sale — until now.

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Cleveland’s Denison Manor may get rehabbed

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An historic apartment building set near one of the west side’s most important intersections is proposed to get a major renovation by its new owner. The Denison Manor Apartments, 3206 W. 100th St. in Cleveland’s West Boulevard neighborhood, could get its interiors completely rebuilt to offer larger, more marketable, subsidized apartments. But work reportedly began without securing the proper permits and the city ordered the work halted.

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