Sometimes a proposed development in Cleveland sees a flurry of public activity when it’s first announced, then fades into the background for months or even years, then suddenly pops back up again when everything finally comes together for that project.
Read MoreTremont Treehouse apartments to sprout Read More »
A federal judge today rejected giving more time to the owner of a massive office building at 925 Euclid Ave. in Downtown Cleveland to secure financing that would end a foreclosure proceeding against it. With that rejection, the property is about to enter a court-monitored sale process toward a Nov. 3 auction.
Read More925 Euclid heads to auction Read More »
It appears that Millennia Companies is doing more than assembling financing to redeem a foreclosed loan on 925 Euclid Ave. and remove the Downtown Cleveland property from a court-ordered receivership. It appears that it is also seeking to close on financing to undertake a redevelopment of the property per its city-approved plans.
Read MoreCentennial transformation may get financing soon, too Read More »
Although Project Scarlet is in Downtown Cleveland and Valor Acres is in suburban Cleveland, the two developments have something in common. They both won $7 million in Transformational Mixed-Use Development (TMUD) tax credits from the State of Ohio today.
Read MoreGreater Cleveland gets 2 TMUDs Read More »
Last fall, NEOtrans reported that CASTO’s $119 million mixed-use development had begun construction on its first building in Downtown Lakewood. In this week’s installment of Progress Pics, we’re excited to share exclusive construction photos as work advances on the first of five floors.
Read More$119M Lakewood Common project goes vertical Read More »
In October, NEOtrans’ inaugural Progress Pics article featured exclusive construction photos of Lakewood’s Westline apartments. As the exteriors of its two residential buildings approach completion, we’ll take another look at the continued progress on this and other developments in the inner ring suburb.
Read MoreLakewood developments come into focus Read More »
In May 2022, NEOtrans broke the news that Timothy L. Tramble, Sr., president and CEO of the St. Luke’s Foundation, planned to build 48 housing units on East 89th Street through his firm We Rise Development LLC. This development symbolizes a broader trend of renewed investment in Fairfax, from Innovation Square to the expansion of Cleveland Clinic.
Read MoreEast 89th rises amidst Fairfax’s renaissance Read More »
Though the $119 million Lakewood Common project celebrated its groundbreaking in late September, the former Lakewood Hospital site has remained dormant for more than a month. Finally, construction crews have begun to clear the site—a large, sunken plot known by locals as “The Pit”—to make way for a new mixed-use development.
Read MoreProgress Pics: Lakewood Common fills ‘The Pit’ Read More »
New details emerged today on the proposed $1.2 billion mixed-use district surrounding the Haslam Sports Group’s (HSG) proposed all-purpose, roofed stadium in the Cleveland suburb of Brook Park. HSG announced that Lincoln Property Company, a global real estate firm, will be the development partner for the Cleveland Browns’ 176-acre mixed-use entertainment district.
Read MoreHaslams announce Brook Park stadium-area development partner, updated plans Read More »
Another one of Lakewood’s former car dealerships on Detroit Avenue is about to come down. Next to fall is Steve Barry Buick, 16000 Detroit Ave., that closed in 2018, to be replaced by a pair of four-story apartment buildings plus a stand-alone bank branch. Site work could potentially start in a few months, said a Lakewood city official.
Read MoreLakewood’s Barry Buick to fall, apartments to rise Read More »
