According to a public record located by NEOtrans, a groundbreaking ceremony is scheduled from 10 a.m. to 12 noon Sept. 5 for the redevelopment of a vacant 10-story apartment building at 9410 Hough Ave. in Cleveland’s resurgent Hough neighborhood. Kristi Halford, a spokesperson for the project’s development partners, confirmed the scheduled event in an e-mail to NEOtrans.
Read MoreHough groundbreaking set for Sept. 5 Read More »
In an e-mail sent to all employees today, University Hospital Health System CEO Cliff Megerian announced that the health care provider will seek to build a new 30,000-square-foot conference and education center in Cleveland’s University Circle. The facility will be built on an underutilized green space at 11100 Euclid Ave. in front of an existing parking garage.
Read MoreUH plans Wolstein conference center on Euclid Ave. Read More »
Developers looking to transform their Ohio communities can now apply for funding opportunities through the Ohio Department of Development’s Transformational Mixed-Use Development (TMUD) program that awards up to $100 million in tax credits per round.
Read MoreLast round of megaproject tax credits opens Read More »
At an emergency meeting held yesterday, Cuyahoga Land Bank’s board of directors appointed Ricardo León as interim president of the organization after the sudden passing of its longtime leader and founder Gus Frangos last weekend.
Read MoreCuyahoga Land Bank appoints León interim prez Read More »
The City of Cleveland recently launched public engagement for Cleveland Moves — the city’s five-year multimodal transportation plan. Cleveland Moves will create a strategy that builds on the city’s ongoing work to make it safer, more comfortable, and more convenient to walk, bike, and take transit in the city. A presentation about the planning process and its goals was delivered yesterday to the City Planning Commission.
Read MoreCleveland Moves plan seeks resident input Read More »
Cleveland City Planning Commission today approved a conceptual design for Case Western Reserve University’s new Humanities Building and to demolish an abandoned fraternity house at 11333 Bellflower Rd. to make way for it. Most of the rest of the roughly 1.6-acre site in University Circle is used as a parking lot.
Read MoreCWRU Humanities Building planned on Bellflower Read More »
Faced with a difficult financial situation involving multiple development projects nationwide, City Club Apartments of Farmington Hills has sold its interest in the nearly completed 23-story mixed-use tower at 776 Euclid Ave. in Downtown Cleveland. The buyer was its primary financial backer, Detroit-based Finance Michigan. And, as a result of the change, the building will be rebranded as “Skyline 776.”
Read MoreCity Club Apts has new owner, Skyline 776 name Read More »
Commercial real estate and construction interests hailed Cleveland Mayor Justin Bibb’s signing of an executive order today to simplify and speed up the construction permitting process at City Hall. Bibb was quick to point out that this reform will affect small projects by homeowners as well as downtown skyscrapers. However, it could take up to a year before all of the approved changes are implemented.
Read MoreCRE industry lauds Bibb’s construction permit overhaul Read More »
One week after the Cuyahoga Land Bank completed a $3.5 million renovation of the Mickey’s building, 12550 Euclid Ave., in East Cleveland, it announced the sale of the building to Verdynt Bio, a Boston-based science facility developer with strong ties to Ohio. Verdynt Bio’s operations partner, SKYLIIT Labs, said it plans to invest more than $12 million into the site to create 100 jobs in a state-of-the-art laboratory and office co-working space.
Read MoreBiotech biz plans $12M investment in East Cleveland Read More »
In a 30-acre area of targeted investment called the Circle East District, located in East Cleveland, the Cuyahoga Land Bank announced it has completed major features of its first phase to revive the neighborhood. The multi-phase $95 million effort led by the Cuyahoga Land Bank to rebuild the neighborhood from the sewers up began two years ago. However, a commercial component to the redevelopment has hit a legal snag.
Read MoreCircle East improvements continue, more due Read More »
