It’s official: Lakewood Common groundbreaking ceremony is set

Across Marlowe Avenue from the Lakewood Common’s construction office, and behind
the historic Curtis Block, is where city, school and development team officials will gather
at noon Thursday for the official groundbreaking ceremony for the redevelopment of
the former Lakewood Hospital site. Site preparation was getting underway last
week (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Last week, NEOtrans was first to report that site preparation work was getting underway for the Lakewood Common redevelopment of the former Lakewood Hospital site. This week, we can report that the official groundbreaking ceremony is now scheduled.

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Tariffs may cut GCRTA railcar order by 10%

The Greater Cleveland Regional Transit Authority’s new railcars will start coming off
the assembly line in California next year. But some of the components are manufactured
overseas and subject to new federal tariffs, thus increasing costs of the final product. This
image shows some of the Siemens railcar’s features but are not necessarily which ones
are subject to tariffs (Siemens Mobility). CLICK IMAGES TO ENLARGE THEM.

For the first time in more than four decades, the Greater Cleveland Regional Transit Authority is replacing its rapid transit trains — the oldest fleet of railcars used by any U.S. transit agency. But that rare $450 million opportunity to modernize its rail system could end up 10 percent short of its goal.

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Two more big Lakewood developments

It’s back! Solove Real Estate’s The View on Detroit’s mixed-use development has a new
project leader. DiGeronimo Companies is seeking to build a project very similar to what
Solove proposed four years ago on Detroit Avenue just east of Bunts Road. It is just one
of four current and planned large developments on Detroit in Lakewood (RDL).
CLICK IMAGES TO ENLARGE THEM.

Detroit Avenue in Lakewood is becoming a hot zone of multifamily developments. One project at the Steve Barry Buick site is well underway. Another, Lakewood Common, is just getting started. And two new developments are planned at sites where other, similar buildings were sought before.

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CWRU-led effort a finalist for $160M advanced manufacturing program

Advanced manufacturing in Northeast Ohio could get a boost if a regional partner-
ship led by Case Western Reserve University wins a $160 million grant spread
across 10 years to boost the region’s manufacturing competitive (CWRU).
CLICK IMAGES TO ENLARGE THEM.

Northeast Ohio’s ambitious goal of becoming a national epicenter for advanced materials and industrial innovation over the next decade, with the goal of creating 20,000 manufacturing jobs, has advanced to the next stage.

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The Park opens its doors in Tremont

Although some finishing touches are still coming, The Park in Cleveland’s Tremont is wel-
coming its first tenants in a setting that offers 1.5 acres of green space featuring walking
paths, native landscaping and amazing views of Downtown Cleveland. This is one half
the L-shaped building. Plus, a second phase with for-sale townhomes could someday
rise on the land to the right (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

It’s like a secret hidden behind a 19th century Cleveland neighborhood, found only by wandering the back streets of Tremont’s Lincoln Heights section. And just when you’re wondering if you made a wrong turn, The Park jumps out at you like a surprise.

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ODOT-Aviation reverses course, OKs permit for new Browns stadium

The planned new Huntington Bank Field is close enough to Cleveland Hopkins Inter-
national Airport, seen at left, that it initially resulted in a denial of a building permit
for the large, new structure. Today, the permit was approved (HKS).
CLICK IMAGES TO ENLARGE THEM.

After initially denying approval, the Ohio Department of Transportation (ODOT) today reversed course and approved a permit for construction of the new, enclosed Huntington Bank Field in Brook Park near Cleveland Hopkins International Airport.

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Another Cleveland-area shopping center sold

Fairview Centre has been serving the community for 85 years. The once-linear retail
strip along and near Lorain Road was significantly reconstructed in the mid-1990s
with a new grocery store and other retail spaces set back behind a large parking
lot (Google). CLICK IMAGES TO ENLARGE THEM.

For the sixth time this year, another large, multitenant retail center in Greater Cleveland has sold.  JLL Capital Markets announced today that it arranged the $13.8 million sale of Fairview Centre, a 147,602-square-foot, grocery-anchored shopping center in Fairview Park.

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