local business news AmTrust to put $14M in downtown offices

As previously reported by NEOtrans, AmTrust will split up its office presence
in Greater Cleveland. Its downtown offices will move to the AECOM
Building seen here where it make a large investment to update
and enhance its space (Google). CLICK IMAGES TO ENLARGE THEM.

Even as AmTrust takes steps to divide up its Downtown Cleveland offices into suburban and downtown locations, the financial services company is about to make a major investment into its new downtown offices at the AECOM Building, 1300 E. 9th St., according to plans filed with the city this week.

READ MORE 

Cleveland housing developments get funded, neighborhoods lifted

 With a working title of the Lorain Avenue Redevelopment, a new
building offering affordable housing atop a new office for Ohio City Inc.
will replace the aging, nearly vacant McCafferty Health Center, providing
more housing choices in a neighborhood with high rents (City Architecture).
CLICK IMAGES TO ENLARGE THEM.

Three Cleveland developments won competitive, highly coveted tax credits that will help push each of those new housing projects toward construction. In total, the trio will add 165 affordable residential units. But one of them is actually the construction of 40 new houses that offer an opportunity at home ownership.

READ MORE 

Lakefront apartment complex wins financing

Union at Cleveland Harbor would offer affordable housing along Cleveland’s
Lakefront, near the East 55th Street marina and Gordon Park (RDL).
CLICK IMAGES TO ENLARGE THEM. 

Despite having 17 miles of shoreline, developments along Cleveland’s Lake Erie waterfront don’t happen that often due to a lack of developable land. But one got closer to construction today after financing for it was approved by the state, according to a press release.

READ MORE 

Naia Noir tops Detroit-Shoreway developments

Cuyahoga County’s first lakefront high-rise in over 50 years has risen to
more than half of its planned height beside J Roc-developed The Shore-
way (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

In March, NEOtrans announced that Cuyahoga County’s first lakefront high-rise in over half a century had begun construction next to Edgewater Park. The apartment tower, branded Naia Noir, will also be the first high-rise constructed in Cleveland’s Detroit-Shoreway neighborhood.

READ MORE 

Music Institute dorm starts on bad note

Classrooms, offices and a dormitory for the Cleveland Institute of
Music as well for Case Western Reserve University students is at 1609 Hazel
Dr. in Cleveland’s University Circle. But the southern and, to the right in this
September 2022 streetview, western exterior wall panels will have to be
replaced due to “defective workmanship” according
to a pending legal
complaint (Google). CLICK IMAGES TO ENLARGE THEM.

Less than six years old, the Cleveland Institute of Music’s (CIM) new building called 1609 Hazel at its namesake address in Cleveland’s University Circle, has suffered extensive water damage due to alleged poor construction. And the bill for pending repairs just came in — $1.7 million, according to public records filed with the city.

READ MORE 

Cleveland Trades Council urges data center regulations, not ban

Data centers are growing in number while many office buildings are fading.
In Downtown Cleveland, the Sterling Building on Euclid Avenue has become
a 250,000-square-foot hub for technology, cloud computing and cybersecurity
services (LoopNet). CLICK IMAGES TO ENLARGE THEM.

As Cleveland considers a moratorium on the addition of new data centers until it can update its zoning code to better address them, and as a statewide ban on larger data centers is pending, the Cleveland Building and Construction Trades Council said it wants the emotion taken out of the debate.

READ MORE

City loses another fight against spread of downtown parking lots

On the south side of Sumner Avenue, next to St. Maron Church at left, is a piece of the land
the church’s diocese just acquired to provide parking for the church and to earn revenue
from visitors to the Gateway sports and entertainment complex visible at right (Google).
CLICK IMAGES TO ENLARGE THEM.

An historic church in Downtown Cleveland’s Gateway District won its case before the city’s Board of Zoning Appeals (BZA) today to use a newly purchased property at 1212-1260 Sumner Ave. as a surface parking lot for up to 90 vehicles.

READ MORE