A Central Ohio developer is proposing a senior affordable housing complex across the street from the long-vacant Hough Bakery plant, which appears to be a part of renewed interest in redeveloping this area. The site, in Cleveland’s Glenville neighborhood is also across the street from East Cleveland’s Circle East District.
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The Greater Cleveland Regional Transit Authority (GCRTA) has exercised an option to order an additional 18 new Light Rail Vehicles (LRVs) from Siemens Mobility to replace their aging fleet of trains, according to GCRTA and Siemens today. This adds to previous orders, allowing GCRTA to, at minimum, provide a base-level of service on all three of its rail transit lines by 2028.
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City officials in Cleveland Heights today announced they have entered into a purchase agreement with National Church Residences (NCR), a Columbus-based non-profit senior housing developer, to acquire two city-owned properties for a planned $22 million, 71-unit, senior affordable-rate apartment building.
Read MoreSenior affordable housing deal OK’d in Cleveland Hts Read More »
When the Ohio Tax Credit Authority on Monday approved financial assistance to Canon Healthcare USA Inc. for its new headquarters in Cleveland, state officials revealed that Ohio wasn’t the only state that was focused on the Japanese-based imaging company. NEOtrans also learned details of Canon’s property lease with the Cleveland Clinic Foundation which helped secure the new HQ.
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Canon Healthcare USA, Inc., a subsidiary of Canon Inc., today announced its acquisition of an established building for its headquarters, adjacent to Cleveland Clinic’s main campus in Cleveland’s University Circle district. This purchase has been in the works for some time and NEOtrans had reported recent progress toward the deal earlier this month.
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Cleveland Clinic Foundation continues to keep the ribbon-making industry in business as it cut another streamer today in opening the latest addition to its growing Main Campus near University Circle. The new building is part of a $172 million expansion and renovation of The Jeffrey and Patricia Cole Pavilion at Cleveland Clinic’s Cole Eye Institute.
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With deference to the classic movie “Casablanca,” of all the abandoned industrial sites in North America, the Urban Land Institute’s (ULI) Hines Student Competition picked Cleveland’s vacated Lake Shore Power Plant site as the canvas for its 2025 design competition. Four finalists were announced today in the competition that drew 82 entries from universities worldwide, with the winner to be named April 3 in Cleveland.
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Design review of East Stokes, what would be University Circle’s tallest building, was moving along at a rapid clip last fall. Things were moving so quickly that the development team, led by PCP Voyager, anticipated that if City Planning Commission could approve the final plans by Thanksgiving, a spring groundbreaking of 24-story apartment tower might be possible.
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Over the past several years, Canon Healthcare USA was considering multiple locations inside and out of Greater Cleveland for its new headquarters. While most real estate insiders believed it would land at the former IBM Explorys headquarters, 10500 Cedar Ave., in Cleveland’s University Circle, it was not a done deal. With the city’s passage of a job creation income tax credit last night, it now appears to be.
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Millions, if not hundreds of millions of federal tax dollars awarded to local infrastructure and energy projects may be at risk from a 90-day funding freeze and review mandated earlier this week by the new Trump Administration. That possibility was raised today at the first board meeting of the year for Greater Cleveland’s metropolitan planning organization (MPO) which distributes federal funds to transportation and air quality programs.
Read MoreAt best, federal funds for major projects on hold Read More »
