real estate

Goncalves: a Cliffs-USS HQ would be in Pittsburgh

The headquarters of steelmaker Cleveland-Cliffs could move from its namesake city to Pittsburgh if Cliffs is successful in acquiring US Steel, Cliffs CEO Lourenco Goncalves said. But a Cleveland City Hall source today said Mayor Justin Bibb spoke with Goncalves who reportedly reassured him that relocating Cliffs 1,000-plus staffpersons from Cleveland at this stage is just speculation.

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First Interstate to renovate UC apartment building

This summer, an aging but well-located building in the heart of Cleveland’s booming University Circle will get a needed refreshing to help it compete with new apartment buildings nearby. The University East Building, 11308-11330 Euclid Ave., will get that attention now that it is under the long-term management of a prominent local real estate developer.

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Depot on Detroit arriving, traffic calming next?

In two weeks, the board of the Greater Cleveland Regional Transit Authority (GCRTA) is expected to approve the sale of land for a planned apartment building just west of the West Boulevard rapid transit station in Cleveland’s Edgewater-Cudell neighborhood. But that development is renewing interest in a neighborhood plan for redesigning streets next to the station to make the area a more comfortable place to walk and could avail more development sites.

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Erieview Tower financing done, work starts ASAP

Closing of financing for the $218 million redevelopment of the 38-story Erieview Tower and Galleria redevelopment in Downtown Cleveland was announced today by two advisors to the project. The momentous occasion signals an immediate start for residential construction, although some of the remaining office tenants in the building told NEOtrans that site-prep work is already underway.

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