Once a deteriorating public housing complex on Cleveland’s East Side, Woodhill Homes will soon be transformed into a mixed-income neighborhood complete with parks and a renovated community center, according to schematic plans approved by City Planning Commission on Friday.
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In Cleveland’s Ohio City neighborhood, plans to erect two townhomes on a historic stretch of Fulton Road are progressing. The townhomes would fill a gap between two 20th-century structures currently used as a gravel parking lot in front of a small single-family home.
Read MoreFulton townhomes in Ohio City get OK Read More »
Construction activity on Cleveland’s West Side is ramping up inside the Transit-Oriented Development (TOD) Zone — defined by the city as the land within a quarter mile (about a five-minute walk) of a high-frequency transit station. Developments within the zone are exempt from parking mandates, reducing construction costs and encouraging transit ridership.
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An early indicator of an emerging real estate development is to see a request for unused public rights of way to be vacated. Another is a mass of properties being acquired by the same company in the same area. Yet another is to see decaying structures in that area be demolished. All three of those conditions are occurring on Barber Avenue at West 30th Street, where Cleveland’s Ohio City neighborhood meets Clark-Fulton.
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Developers of the proposed Downtown Lakewood mixed-use development said it was a mix of good and bad news that a grocery store chain backed out of the project. The good news is that the developers can proceed with a previous plan to offer a larger public plaza facing Detroit Avenue. The bad news was that revising the plans to accommodate the grocer cost the developers eight months of time and inflation in delivering the $100-plus-million project.
Read MoreDowntown Lakewood development to go without grocery store Read More »
It’s the type of housing development that could not be achieved in Cleveland’s Flats until now. And the proof of that statement rests with the multiple prior attempts at developing this site. While there’s still a ways to go, a big step forward was made on Friday when City Planning Commission’s Design Review Committee approved the construction of luxury housing and a retaining wall along Carter Road.
Read MoreFlats luxury finally coming home Read More »
Sankofa Village will be adding its fourth, final phase in Cleveland’s Central neighborhood. An extra space just off West 48th getting more townhomes. One Midtown Luxury Townhomes seeks expansion. And Intro gains national beauty salon chain as tenant.
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Don’t tell Matt Berges that new home construction in the U.S. is in a 15-month-long slump. The owner of Cleveland-based housing development firm Berges Home Performance LLC will tell you that success depends on what you’re building and where. The where in this case is the near-West Side, specifically Duck Island, a neighborhood Berges helped rebuild. But it is running out of space for more new homes, prompting the 23-year-old firm to look elsewhere to satisfy an as-yet insatiable housing demand.
Read MoreAs Duck Island fills, Berges goes SOLO Read More »
Despite the rise in interest rates, there continues to be strong demand for new housing in Greater Cleveland, especially in hot sub-markets like where Cleveland’s Detroit-Shoreway neighborhood meets Ohio City. In areas like that, homes sell for about 2 percent above the list price and get an accepted offer within nine days of going on the market, according to real estate analytics form Norada Real Estate Investments of California.
Read MoreAddressing the shortage of for-sale housing Read More »
As market-rate housing developments continue to be built in Hough, this east-side Cleveland neighborhood is facing a challenge it hasn’t had to deal with for a century — remaining affordable. To that end, two new developments are moving forward to offer up to 160 workforce housing units plus a few retailers/restaurants that will offer jobs and services to those new residents. Those would add to hundreds more that were recently completed, are under construction or planned in response to strong job growth in and near University Circle.
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