One of the most visible properties on Cleveland’s West Side is the former Westinghouse plant, as it towers over the West Shoreway near Edgewater Park. And it’s now in the hands of an investor who intends to redevelop the historic property into a mix of uses including residential, hotel, restaurant and commercial. News of a pending sale was first reported by NEOtrans in July.
Saturday, October 30, 2021
Paving for opportunity along a new corridor
A few days after the ribbon is cut at 2 p.m. Nov. 3 for the Ohio Department of Transportation’s (ODOT) new Opportunity Corridor Boulevard, the first traffic will enter the roadway and its parallel multi-purpose trail. That traffic will pass through 1,000 acres of what was a crowded, uneasy mix of neighborhoods and heavy industries until the 1970s. Today, it is a mostly peaceful setting that has gone back to nature.
It has been derisively dubbed The Forgotten Triangle. Its residential population and industrial workforce had all but vanished, leaving behind a mostly empty shell behind. And it got its triangular description due to the arrangement of its principal streets — Kinsman Avenue, Woodland Avenue and Woodhill Road.
Thursday, October 28, 2021
Developer acquires lakefront industrial site for housing
Some real estate developers join a parade already in progress. Others start the parade. Property Advisors Group (PAG) appears to be in the latter category with their acquisition yesterday of a large property at 8400 Lake Ave. on which it intends to build housing.
PAG is starting what some expect will be the arrival of more investors and more residential developments along and north of Lake Avenue, between Detroit Avenue and Clifton Boulevard. This is an area that hasn’t yet seen the kind of investment activity as Gordon Square to the east or the stability of the Edgewater neighborhood to the west.
Wednesday, October 27, 2021
Townhouse, apartment project announced near University Circle
More Eds-and-Meds jobs in and near University Circle means more housing in the same areas. The latest proposed housing development is Park Lamont on Lamont Avenue at East 97th Street. It offers a unique mix of townhomes and apartments in the same project, and in the same phase.
Sherwin-Williams HQ construction materials start to arrive
With nearly three weeks to go before Sherwin-Williams (SHW) plans to hold a groundbreaking ceremony for its new global headquarters, construction materials began arriving today at the future HQ site in downtown Cleveland.
And that groundbreaking ceremony is scheduled two weeks before the coatings giant hopes to receive final approval from the City Planning Commission for its HQ plans. The ceremony will be held at 3 p.m. Nov. 16 on the so-called “Jacobs Lot” on the west side of Public Square.
The folks who desire to cover the Earth in their paints sure do seem eager to start covering nearly 7 acres of downtown Cleveland with their new HQ.
Monday, October 25, 2021
Chester Avenue becoming apartment row
As long as the Cleveland Clinic Foundation and other local eds-and-meds employers keep adding jobs, new housing is going to keep getting added to nearby neighborhoods. Hough is one of those neighborhoods, and Chester Avenue is the street that is attracting much of the investment.
Tuesday, October 19, 2021
Apartment tower groundbreaking waits on property transfer
For more than two months, an approved construction permit for the foundation of a high-rise apartment tower in downtown Cleveland has sat at the city’s Department of Building & Housing office, ready for the architect of record or general contractor to come pick it up.
Monday, October 18, 2021
Near-downtown bowling alley to become entertainment venue
A large, historic, two-level bowling alley that was once an industrial building has found new life with a new owner. Or at least a portion of it has found a new purpose and will provide something that Cleveland doesn’t apparently yet have.
Partners Christopher Brooks and Thomas Norris Jr. acquired the former Twin Lanes Bowling, 1820 E. 30th, in August under the name Euphoria Restaurant & Oxygen Lounge, LLC with a slightly different address — 1812 E. 30th. And with that new name, you know the old bowling alley is heading in a different direction. But not entirely.
Friday, October 15, 2021
Cleveland Clinic to massively expand its facilities
In a stunning surprise, the Cleveland Clinic Foundation is reportedly pursuing a major expansion of its previously announced proposal to build a new Neurological Institute. The new building was proposed to measure 400,000 square feet. Now, a source very close to the Clinic says the building will exceed 900,000 square feet and bring more than 1,000 new jobs to the global health care system’s main campus near University Circle.
Thursday, October 14, 2021
West 25th transit plan to give development a lift
City Planning Commission approval is expected tomorrow for a comprehensive plan to enhance public transportation service along the busy West 25th Street corridor between downtown Cleveland and the Old Brooklyn neighborhood.
The proposed 25Connects bus rapid transit project would speed up Greater Cleveland Regional Transit Authority (GCRTA) buses by 10-20 percent, tapping federal transit funds to redesign the street and create bus-only lanes similar to the HealthLine along Euclid Avenue. GCRTA is undertaking 25Connects with design assistance from Stantec Inc. of Edmonton, Canada and Seventh Hill LLC of Cleveland.
Wednesday, October 13, 2021
Sherwin-Williams HQ groundbreaking date set
What’s one way a company can express its confidence? By scheduling a groundbreaking ceremony for its new headquarters complex two weeks before final designs for said complex are due to be voted on by the city.
Monday, October 11, 2021
The power play property next to new Sherwin-Williams’ new HQ site is in play
It’s not much to look at right now, but a five-story commercial building at the southwest corner of St. Clair Avenue and West 3rd Street in downtown Cleveland appears to be the subject of a power play. That play ultimately involves Sherwin-Williams (SHW) and the neighboring site where its proposed global headquarters is due to rise starting this winter.
Thursday, October 7, 2021
Investors putting big money into Glenville
Denver and Cleveland investors acquired 20 Glenville apartment buildings with the intent of renovating them with affordable housing. The investors, Cardinal Housing Group and Salus Development, are committing $16.6 million to property acquisitions and rehabilitations, according to city of Cleveland and Cuyahoga County records.
Wednesday, October 6, 2021
Judge rules in favor of city, Little Italy development
Stark confirms nuCLEus project is ‘on hold’
A Stark Enterprises executive has confirmed the firm’s dramatic and ambitious nuCLEus development planned for downtown Cleveland is on hold.
The project was originally proposed in 2014 as a multi-structure, 2-million-square-foot, mixed-use development marked by a 54-story tower. Since, nuCLEus was shrunk twice to a single 24-story office tower atop a pedestal of parking and retail as Stark searched for a public subsidy to overcome Cleveland’s high construction costs and low rents.
Tuesday, October 5, 2021
CSU looks to double its on-campus housing
Monday, October 4, 2021
Ohio City Carriage Works mixed-use plan announced
New details have emerged about a significant adaptive re-use of the vacant Voss Industries plant, 2168 W. 25th St., in Cleveland’s Ohio City neighborhood that is proposed to see construction start in early 2022. As outlined in a real estate brokerage’s marketing piece, MRN Ltd.’s Carriage Works would deliver by the end of 2023 some very diverse uses that may overshadow the project’s 80-apartment residential component.