Yesterday, a 16-unit townhouse complex on the east side of downtown Cleveland and built five years ago was sold to an out-of-state investor. The buyer, Milton Townhomes LLC, acquired the for-rent townhomes and their 0.4-acres of property for just under $6 million.
Read MoreDowntown townhomes sell to out-of-state investor Read More »
Despite meeting the requirements of the city of Cleveland’s existing and proposed zoning code, a planned townhouse development for the Ohio City neighborhood was shot down by the City Planning Commission. It is the second time a townhouse project by the same developer at this location was rejected by the same panel.
Read MoreOhio City project’s rejection to be appealed Read More »
A developer yesterday purchased a large industrial property near Edgewater Park to construct housing. But it wasn’t just the lakefront location that attracted the buyer. A proposed zoning code also proved enticing.
Read MoreDeveloper acquires lakefront industrial site for housing Read More »
Construction on a residential development in Little Italy could restart soon after a judge ruled against a lawsuit filed by two nearby residents.
Read MoreJudge rules in favor of city, Little Italy development Read More »
Cuyahoga County Common Pleas Court Judge Michael J. Russo issued a preliminary injunction yesterday against parties involved in the development of the long-vacant and neglected Woodhill Supply site, 1862 E. 123rd St. in Cleveland’s Little Italy, with a $15 million mix of townhomes and an apartment building. However construction continues as terms of the injunction have apparently not been met.
Read MoreCourt orders Little Italy housing construction halted Read More »
After many years of false starts and litigation, a large vacant parcel at the north end of Little Italy is back in play for a new real estate development.
Property owner University Circle Inc. has selected a partnership of Property Advisors Group of Beachwood and M. Panzica Development of Cleveland to develop what is called the Woodhill Supply site. The vacant 2.14-acre property is located in the 1800 block of East 123rd Street and Coltman Road.
Read MoreLittle Italy development site back in play Read More »
A real estate partnership announced this week in a written statement that it has finalized its construction financing and hired its general contractor for a luxury condominium and townhouse development on the west-suburban lakefront.
Read MoreLakefront luxury development secures construction financing Read More »
