Rockefeller Building

Cleveland development: what to look for in 2024 — Downtown

Ken Prendergast / January 2, 2024

For many in the real estate investment community, 2023 was the year when few new big projects were financed. The projects that were already financed under better, prior market conditions saw their construction advance, making the real estate landscape appear rosier than it really was. Now, however, as we enter 2024, there is a light at the end of the tunnel with developers already reviving or making new plans.

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Heating Up: 3 big downtown reno projects to start

Ken Prendergast / June 19, 2022

This summer, renovations to a trio of large, former office buildings in downtown Cleveland are due to get underway that will convert their combined 2+ million square feet into mixed uses that will add 1,671 housing units, Class A office and co-working spaces, plus unique restaurant, retail and residential amenities. Total investment is projected to be $687 million for all three projects — The Centennial, 45 Erieview and The Rockefeller Building.

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Seeds & Sprouts XIX — Cleveland apartment demand soars, downtown expansions & more

1 Comment / Ken Prendergast / August 28, 2021

This is the Nineteenth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.

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