Clinic’s big new lab on Opportunity Corridor

The southeast corner of Opportunity Corridor Boulevard and East 79th Street isn’t much to
look at right now. That’s why it’s a good development site. It’s a large, relatively clean and
mostly undeveloped site in the heart of the city and it’s almost entirely owned by the city of
Cleveland and other public entities (Google). CLICK IMAGES TO ENLARGE THEM.

A sale closed this week for the largest property acquired among many needed to accommodate a proposed, significant laboratory-research facility sought by the Cleveland Clinic and other project partners. It is but one piece of a major expansion of facilities by the Clinic that NEOtrans first reported last month.

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New construction, renovations foster Superior walkability

Looking west along Superior Avenue, the Cleveland Division of Police’s new headquarters is
visible just left of center. The underutilized street is set to be transformed into a multi-modal
transportation corridor with the Superior Midway (Harrison Whittaker).
CLCK IMAGES TO ENLARGE THEM.

As soon as this summer, one of Cleveland’s most prominent streets could see a bike- and pedestrian-friendly overhaul with construction of the Superior Midway. But walkable neighborhoods need destinations — and several developments are creating just that.

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CWRU gets $125M, largest gift in Ohio history

A rendering of the interior of Case Western Reserve University’s proposed new Jack,
Joseph and Morton Mandel Humanities Building on Bellflower Road (CWRU).
CLICK IMAGES TO ENLARGE THEM.

As Case Western Reserve University (CWRU) celebrates its bicentennial, the Jack, Joseph and Morton Mandel Foundation has made a $125 million commitment gift to the university. Not only is it the largest gift in the foundation’s history, CWRU says it’s likely the biggest gift ever to higher education in Ohio.

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New Huntington Bank Field officially starts construction

At today’s groundbreaking ceremony, officials discuss the new Huntington Bank Field
in suburban Brook Park. From left is play-by-play radio announcer for the Cleveland
Browns Andrew Siciliano, Ohio Gov. Mike DeWine, NFL Commissioner Roger
Goodell, and Cleveland Browns majority owner Jimmy Haslam (contributed).
CLICK IMAGES TO ENLARGE THEM.

The Haslam Sports Group (HSG) alongside a joint venture of AECOM Hunt, Turner Construction Company and architect HKS officially broke ground today for the new Huntington Bank Field, the future home of the Cleveland Browns starting with the 2029 National Football League (NFL) season.

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Hub 27 boosts affordable housing construction on Near West Side

Site prep begins for Hub 27’s phase one apartment building which will add 53 units of work-
force housing in the BVQ District (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

On Cleveland’s near-West Side, the Clark-Fulton neighborhood is getting an infusion of affordable housing with the first phase of Hub 27 under construction in the BVQ (Barber-Vega-Queen avenues) District and continued progress at the Walton Senior Apartments on Clark Avenue.

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Rockefeller Building secured by K&D

The 17-story Rockefeller Building on Superior Avenue in Downtown Cleveland has a
new opportunity facing it as K&D Group took title to the property today (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

As first reported by NEOtrans earlier this month, K&D Group said it would seek $6 million worth of “make-safe” repairs to Downtown Cleveland’s vandalized Rockefeller Building after it took title to it. But it began shoring up the Gilded Age edifice on the very day the sale closed.

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Cleveland has Ohio’s highest apartment rents

The Collins Apartments on Carter Road is one of two major developments to open in
the past year on Scranton Peninsula in Cleveland’s Flats. But it wasn’t enough to
meet Greater Cleveland’s demand for more multifamily units (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

A new report released today by international real estate firm Colliers shows that multifamily development in Greater Cleveland isn’t keeping up with demand. The result is that average rents in the Cleveland area are now the highest of any metro area in the state.

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