real estate – Page 35

city-owned land is proposed for parking lot

Lakefront vision to be unveiled July 27

Ken Prendergast / July 18, 2023

Although the downtown lakefront plans to released publicly on July 27 will be preliminary, they will give more insight into the direction city officials received from prior public input sessions on developing the city’s “front porch” as officials call the lakefront. And since these plans are still preliminary and conceptual, city officials said they want more public input on them before refining them and adding more design details to them.

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Seeds & Sprouts 30 – Apartments at Bolivar starting, Slavic Village school site reuse, Glenville apartment to get reno

Ken Prendergast / July 17, 2023

In downtown Cleveland, the Apartments at Bolivar are scheduled to break ground by the end of the month after demolition work. Reuse of Fullerton School site in Slavic Village is in works. And a Glenville apartment building is proposed to be renovated.

Seeds & Sprouts 30 – Apartments at Bolivar starting, Slavic Village school site reuse, Glenville apartment to get reno Read More »

CentroVilla25 project starts

Ken Prendergast / July 14, 2023

A $12 million project to redevelop a vacant warehouse as the cultural and business center of Cleveland’s Latino community got underway today after many years of planning and fundraising led by the Northeast Ohio Hispanic Center for Economic Development (NEOHCED). Their unceasing efforts were rewarded with a groundbreaking ceremony at the former H.J. Weber warehouse, 3140 W. 25th St., that is due to reopen as CentroVilla25 in Fall 2024.

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Downtown Lakefront projects flow

Ken Prendergast / July 11, 2023

Several large-scale projects along downtown Cleveland’s lakefront are moving forward thanks to developments in recent days. In addition to multi-million-dollar grants being awarded for lakefront projects, the City Planning Commission approved plans for the $100 million expansion of the Rock & Roll Hall of Fame. Also, a national nonprofit that promotes racial equity revealed it is partnering with the city on designing an inclusive lakefront. And plans for converting the Shoreway highway into a boulevard are crystalizing but may complicate Amtrak’s passenger rail expansion plans.

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West 73rd Apartments OK’d

Ken Prendergast / July 7, 2023

After more than a year of debate, the design-review committee of City Planning Commission gave its final approval of a proposed apartment complex at 1321-1357 W. 73rd St. in Cleveland’s Gordon Square neighborhood. The unanimous vote sets the stage for the developer Joel Zagelbaum of Brooklyn, NY to apply for building permits to start construction.

West 73rd Apartments OK’d Read More »

Bedrock buys SHW HQ, R&D for $48.5 million

Ken Prendergast / July 5, 2023

Newly available public records show that Bedrock Real Estate of Detroit paid $48.5 million total for Sherwin-Williams’ soon-to-be-vacated Landmark Building and John Breen Technology Center, both in downtown Cleveland. Although the sale of those properties closed last week, their sale amounts weren’t public available until today. The Landmark Building is currently Sherwin-Williams’ global headquarters and the Breen Technology Center is the global coatings giant’s primary research and development (R&D) facility for another year or so.

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West 117th’s fast-food makeover

Ken Prendergast / July 3, 2023

The sites of three fast-food restaurants in a short stretch of the Cleveland side of West 117th Street are about to get a new look. But only one of them isn’t going to be slinging its quick, cheap chow anymore. The other two will continue to offer fast food and to make it easy, if not easier to grab the grub and go without having to get out of your car. And all three sites will continue the practice of building single-use structures along a busy thoroughfare whose car-dependent land-use patterns have more in common with outer suburbia than being in the midst of one of Greater Cleveland’s most densely populated areas.

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Did city derail scenic railroad extension?

Ken Prendergast / June 30, 2023

While helping Bedrock Real Estate acquire land for its downtown riverfront development, the city of Cleveland may have also “significantly harmed” nascent efforts to extend Cuyahoga Valley Scenic Railroad (CVSR) passenger trains north to downtown. That harm was the apparent result of the city releasing itself from a lien on current and former railroad rights of way along the Cuyahoga River from below Tower City Center south to near Interstate 490.

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NE Ohio wins $26M in historic tax credits

Ken Prendergast / June 29, 2023

An ambitious plan to redevelop the mostly vacated Park Synagogue, 3300 Mayfield Rd., and its 28 acres of land in Cleveland Heights was the big winner in today’s awarding of $50.56 million in Ohio Historic Preservation Tax Credits to 38 projects statewide. But Northeast Ohio overall did pretty in this latest round of historic tax credit awards, winning more than $26 million for 11 projects.

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Rebuild Cleveland to assemble new homes

Ken Prendergast / June 29, 2023

A new company comprised of local real estate veterans intends to break ground next week on its first new home to address a shortage of quality, affordable workforce housing and to continue neighborhood stabilization efforts. But construction of that home, a modular, manufactured structure, is due to be completed in less than one month. The company that will build this infill housing on vacant lots is called Rebuild Cleveland LLC and the neighborhood where they will start assembling them is the southern part of Cleveland’s Detroit Shoreway.

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