real estate

County courthouse to have new address?

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A Cuyahoga County committee has reportedly rejected all but one of the proposals that could have kept a Consolidated Courthouse at the current site of Downtown Cleveland’s existing Justice Center. NEOtrans has learned that, of the four surviving proposals, one involves a complicated, time-consuming double-move of courthouse functions from the current site and back again. If rejected, it would end a five-decade run of the Justice Center site as a law enforcement, adjudication and penal facility and set the stage for its redevelopment.

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Playhouse Square arrives at Greyhound Station

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Playhouse Square Foundation this week closed a deal to acquire the Greyhound station in Downtown Cleveland to expand the theater district northward and convert the station into an entertainment/dining venue, according to a source familiar with the transaction. While Playhouse Square officials were mum on their plans, a spokesperson told NEOtrans that Greyhound bus operations will be relocated on a schedule that works for them and their customers.

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Ohio City retail defies recent trends

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This spring, the flowers aren’t the only things blooming in Cleveland’s Ohio City neighborhood. So are the new stores and plans for more, including restaurants and cafes. While many new and renovated buildings have opened elsewhere in the city, their ground-floor retail spaces tend to fill with a pre-programmed routine of bank branches, coffee shops, the occasional bar/restaurant, art gallery, or stay empty for a long time.

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Lorain Road corridor wins transit planning grant

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In a continuing effort to create more affordable housing and transportation choices for Americans, the Biden-Harris Administration and the U.S. Department of Transportation’s Federal Transit Administration (FTA) yesterday announced $17.6 million in grants going to 20 communities in 16 states to support equitable Transit-Oriented Development (TOD). Greater Cleveland was among those communities.

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Three redevelopments to boost Cleveland’s Lee-Harvard

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Three large redevelopment sites totaling nearly 20 acres in Cleveland’s Lee-Harvard neighborhood are the subject of city efforts to focus investment on them. The effort is intended to reverse decades of disinvestment that has occurred on Cleveland’s southeast side by producing jobs, new housing and catalyzing more investment. In fact, there’s some evidence that such a reversal is already underway.

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Ohio City megaproject nearly ready for roll-out

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As early as next month, plans may go public for a significant mixed-use development on the largest undeveloped site in Cleveland’s booming Ohio City neighborhood. Sources familiar with the project said the release of plans for the development, first confirmed by NEOtrans in October 2023, was delayed as the development team attempted to include a well-known property but will instead move forward without it.

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Sherwin-Williams HQ delayed into 2025

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Sherwin-Williams’ headquarters construction management team had hoped to enclose its new 616-foot-tall office tower in Downtown Cleveland by spring. But with April right around the corner, the building has not yet reached that milestone. While delays are happening to a lot of building projects due to supply constraints, Sherwin-Williams has made sure its employees won’t be left out in the cold.

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New Downtown Cleveland Clinic, Cavs center to see groundbreaking by year’s end

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Today, the Cleveland Cavaliers, Cleveland Clinic and Bedrock Real Estate revealed the first official renderings of the Cleveland Clinic Global Peak Performance Center. Pending city approvals, groundbreaking on the Cleveland Clinic Global Peak Performance Center is anticipated before the end of 2024.

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Browns stadium likely going to Brook Park, if…

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NEOtrans has learned that the Cleveland Browns and their owners, the Haslam Sports Group, want several things from their stadium over the next 30 years that the City of Cleveland appears unwilling to give them. That includes a dome that adds another $1 billion-plus to the stadium’s cost and control over revenues from parking and a ballpark village development.

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