Properties that were part of Stark Enterprises’ ill-fated nuCLEus megaproject are in the process of being sold in a private, off-market transaction. However, the scope of the sale, the buyer’s identity and the buyer’s intentions remain a mystery. Public records emerged this week showing that there is a pending transaction.
Friday, December 31, 2021
Wednesday, December 29, 2021
The 20 most-viewed news stories of 2021 on NEOtrans
Screenshot of the most viewed NEOtrans article of 2021 — Cleveland Clinic plans to demolish the former Cleveland Play House complex on Euclid Avenue (NEOtrans). CLICK IMAGES TO ENLARGE THEM |
Personal experiences matter. That’s the lesson of why one news article gets opened and another article does not. It’s why the pending demolition of the Cleveland Play House was the most-read story of 2021. It got read because people went to see a show there once upon a time, not because it was the only Cleveland-area project designed by a famous Cleveland-born architect, Philip Johnson.
Monday, December 27, 2021
Is Downtown Cleveland in Target’s bullseye?
The upscale discount retail giant Target is in expansion mode. It is focusing on locations in downtowns, near colleges and dense suburbs for small, urban-format stores. But will downtown Cleveland or perhaps University Circle be under consideration?
Friday, December 24, 2021
Brooklyn Masonic Hall repurposing as Lofts On Pearl
A Lakewood real estate entrepreneur and construction contractor has acquired the vacant Brooklyn Masonic Temple, 3804 Pearl Rd., in Cleveland and plans to renovate it into a mixed-use building called the Lofts On Pearl. It remains to be seen if the project will live up to the Masonic purpose of making good men better.
Thursday, December 23, 2021
Baker Building to be The Fidelity Hotel, speakeasy
Wednesday, December 22, 2021
Kan Zaman expands, Ohio City parking crater endures
Monday, December 20, 2021
Cleveland’s new police HQ, mounted unit, fire station all start
City officials broke ground for three major developments for the Department of Public Safety last week, in the waning days of Mayor Frank Jackson’s administration. They were a new police department headquarters, a relocated Mounted Police facility and a new Fire Station No. 26, replacing Cleveland’s longest-operating fire station. All three new developments are located on the city’s East Side.
Sunday, December 19, 2021
Opportunity Corridor cold storage to boost local biz
Opinions varied on the physical appearance of a large new warehouse, as approved Friday by Cleveland’s City Planning Commission. But the project was lauded as the kind of catalytic development that’s needed for Cleveland’s food manufacturing sector, one that belongs on the newly opened Opportunity Corridor Boulevard. Construction of the distribution center is due to start this winter.
Saturday, December 18, 2021
Great Lakes Brewing Co. to start Scranton Peninsula work
Great Lakes Brewing Co. (GLBC) has asked the city of Cleveland for permission to begin site preparation work prior to the expansion of brewing facilities on to Scranton Peninsula near downtown. A permit application submitted yesterday doesn’t reveal when the actual expansion work would begin, saying instead that the work would prepare for “future use” of the Flats site. However, the permit request hints structural construction for the expansion could begin in about six months.
Friday, December 17, 2021
Ten Cleveland schools OK’d for new uses
City Planning Commission today gave city and school officials authority to enter into agreements with multiple proposed purchasers and real estate developers to acquire and repurpose 10 Cleveland Metropolitan School District (CMSD) properties. The disposition of those 10 properties is part of a larger effort to sell and reuse more school sites.
Thursday, December 16, 2021
Midtown development sites to double in size
A Midtown Cleveland development site is about to get twice as large. Even better, a developer is ready, willing and able to construct mixed-use developments on it, assuming a demolition request is approved. Community development officials said they are excited about the outcomes of clearing and cleaning the site left vacant by a former industrial user.
Wednesday, December 15, 2021
NEOtrans’ 56 stories about Sherwin-Williams’ 36 stories
On this date of the groundbreaking ceremony for Sherwin-Williams’ (SHW) new global headquarters, it’s not just a time to look ahead but to look back to see how we got here.
It was three years and two months ago that NEOtrans wrote the first of 56 articles about the SHW HQ project by breaking the news that SHW had started planning work for a new HQ. Or, more accurately, SHW “re-started” planning work that began several years earlier but was put on hold. Of more pressing concern from 2016-18 was SHW acquiring its rival Valspar and paying down its debt from that acquisition.
Ground broken for apartments and Meijer store
Tuesday, December 14, 2021
38-year-old building wins historic tax credit
Champagne was flowing in the lobby of 45 Erieview as Ohio Department of Development officials announced the winner of one of the state’s largest historic tax credits — a 38-year-old office building to be converted mostly into high-end housing. The $5 million tax credit may round out the $102 million project’s financing, allowing its sale and redevelopment to move forward.
Friday, December 10, 2021
City Club Apartments breaks ground for its first Cleveland project
A large property near you may be ripe for a jail
It’s definitely an unusual move. Typically, when a government agency needs a property for a new facility, it does an alternatives analysis of all the properties that meet its criteria. It then ranks them according to that criteria and then pursues acquisition of their preferred property or properties. If that doesn’t work out, the agency pursues its second favorite site. And so on.
Not Cuyahoga County. Instead of approaching owners of big, development-ready sites for its sprawling integrated Cuyahoga County Corrections Center (CCCC), the county wants you to come to them.
Wednesday, December 8, 2021
Little Italy’s largest townhouse project in a decade
So far in the 21st century, Little Italy has seen a large townhouse development get built roughly every decade. With past townhouse developments happening in 2001 and again in 2010, Little Italy is overdue for another. One of Northeast Ohio’s largest homebuilders is getting ready to fill that void.
Tuesday, December 7, 2021
Latest project may extend West 25th’s density
A frantic pace of development continues in and near Cleveland’s Duck Island enclave, where Tremont meets Ohio City, especially along West 25th Street south of the Market District. The latest entry is Independence-based Realife Real Estate Group’s The Pearl, a seven-story apartment building over parking and a retail space.
Monday, December 6, 2021
Cleveland Flats peninsula finally coming back to life
Friday was a big day for Scranton Peninsula in Cleveland’s Flats. A new brewpub opened in a repurposed industrial structure next to the Cuyahoga River. City Planning Commission gave conditional approval to plans for a new neighborhood that would add more than 300 housing units to the city’s riverfront. And the commission approved new zoning for a large area of the Flats to support additional development.
Friday, December 3, 2021
Hough tower to be redeveloped, expanded in $34M project
A major project to redevelop a vacant and blighted 10-story building, as well as to construct a large community center on Hough Avenue on Cleveland’s East Side was revealed by a city official at today’s City Planning Commission meeting. The development is one of many planned or underway in the Hough neighborhood which had long been a poster-child for urban decay in Cleveland.
Downtown project delayed by commissioners’ absence
City Planning Commission today was unable to advance a major downtown Cleveland project toward design approval, despite its members enthusiastically supporting an earlier conceptual version of the plan. In recent months, multiple commission meetings had to be ended early before important agenda items could be addressed, resulting in those projects being delayed to a future meeting where the applicants had to sit through another hours-long session.
Thursday, December 2, 2021
City Club Apartments groundbreaking set
Among the new Sherwin-Williams (SHW) headquarters, Fairmount Properties’ Fairfax Market/Apartments and the City Club Apartments, where was the betting line on the City Club tower officially breaking ground first? If you bet the last to be the first, you’re a winner.
Tuesday, November 30, 2021
Funds sought for Cleveland-Chicago rail development plan
Agencies between Cleveland and Chicago have joined forces to request federal funds to identify how best to expand freight and passenger rail services on the busy Norfolk Southern (NS) Corp.-owned rail line that links those metro areas.
Monday, November 29, 2021
Sherwin-Williams HQ construction starts (PHOTOS)
Nov. 29, 2021 may be remembered as the day that construction work began on Sherwin-Williams’ $300-plus-million global headquarters. To others, it may be known as the date when one of downtown Cleveland’s largest “parking craters” died. Even though the official groundbreaking ceremony isn’t scheduled until 5 p.m. Dec. 15 (hopefully with no further delays), it looks like quite a bit of work may be under way by that time.
Sunday, November 28, 2021
County offers large East Cleveland property
Cuyahoga County has issued a request for proposals (RFP) for the disposition of a large piece of land that, if redeveloped, could help commercial activity in East Cleveland’s central business district. The sale or lease and possible redevelopment of the property could leverage off nearby University Circle and adjacent transit lines in providing a desperately needed economic lift to the long-struggling inner-ring suburb, say two advocacy groups.
Friday, November 26, 2021
More student housing near Cleveland State University
A group of local investors is seeking to develop two historic commercial buildings near Cleveland State University (CSU) with student housing. However, ground-floor commercial spaces will be retained, including one for an existing tenant, the Cuyahoga County Veterans Service Commission.
Thursday, November 25, 2021
Apartments + Meijer market to break ground Dec. 14
One day after Cleveland City Council approved tax incentives for a new apartment building with a Meijer urban-format grocery store on the ground floor, a contractor for the developer applied to the city for permits for that project’s groundbreaking ceremony. The event will be held from 1-2:30 p.m. Dec. 14 at the project site — the southwest corner of East 105th Street and Cedar Avenue.
Wednesday, November 24, 2021
Sherwin-Williams sets new HQ groundbreaking date
After a last-minute change in plans, Sherwin-Williams (SHW) has set a new date for a groundbreaking ceremony for its new, $300-plus-million global headquarters in downtown Cleveland. The event will instead be held from 5-8 p.m. Dec. 15.
The location appears to be roughly the same location as before — on the parking lot closest to the west side of Public Square. But it’s not easy to tell from the event coordinator’s permit application to the city, submitted today.
Duck Island apartments, townhouses planned
On one of the largest undeveloped plots of land in the heart of Duck Island’s development hot zone, a locally active real estate developer plans to build a mix of for-rent, market-rate housing styles. The project, called Abbey Avenue Apartments and Townhomes, is proposed for the block bounded by Abbey, Smith Court plus West 19th and 20th streets.
Tuesday, November 23, 2021
Cleveland offers more jobs than some Sun Belt powerhouses
Whether they’re statistics from the U.S. Department of Labor or employment listings at one of the world’s largest jobs Web sites, the data for Greater Cleveland is looking rosy again, for the first time since the global pandemic began in early 2020. Indeed, the number of paychecks being created in this Great Lakes metropolis is exceeding those being created in traditional Sun Belt economic powerhouses like Austin, Charlotte, Orlando and San Diego.
Sunday, November 21, 2021
Sherwin-Williams HQ builders to get an HQ, too
With an anticipated sale of the Gilman Building closing this week, Sherwin-Williams’ (SHW) global headquarters development team expects to gain its own HQ of sorts in the form of a construction office over the next two years. But the long-term future of this five-story, modernist-clad Victorian-era building at 1350 W. 3rd St. in downtown Cleveland is uncertain.
Saturday, November 20, 2021
Cleveland lakefront park wins design funds
While shovel-ready plans for an expanded lakefront park just east of downtown Cleveland could be just 18 months away, don’t expect to be able to use that enlarged park for many more years. That’s especially true for a proposed off-shore park island.
Friday, November 19, 2021
City Club Apartments tower gets go-ahead
With project financing closing today and a construction permit in hand, it may only be a matter of weeks before shovels hit the ground at 776 Euclid Ave. for the new City Club Apartments tower.
Thursday, November 18, 2021
Four regional trail projects advance
Cleveland Metroparks today announced it was awarded $950,000 by the U.S. Department of Transportation (USDOT) to advance the planning and design of four regional transportation projects that encompass 5.7 miles of trail and bicycle connections on Cleveland’s East Side and in the city of Euclid. Three of the four projects impact Cleveland’s Slavic Village neighborhood and the southeast side of the city.
BOOMING! More big East Side warehouses coming
More than 1,000 jobs and hundreds of millions of dollars worth of investment are some of the potential spin-off benefits from multiple large warehousing projects blooming on Cleveland’s East Side — along the Opportunity Corridor and in Slavic Village.
Tuesday, November 16, 2021
Sherwin-Williams HQ groundbreaking delayed
Today was to be the day that VIPs and media would record for posterity the official start of construction on Sherwin-Williams’ (SHW) new $300-plus million global headquarters. However, that celebration is going to have to wait for another day.
“Due to scheduling conflicts, the HQ groundbreaking event will not take place today,” said Julie Young, SHW’s vice president of global corporate communications, in an e-mail to NEOtrans. “A new event date has not been finalized.”
Friday, November 12, 2021
Cleveland Clinic to demolish ex-Cleveland Play House
Redesigned by a world-famous architect in his hometown. Site of the first stage performances by the Clevelander who made The Wicked Witch of the West famous. Shaker Heights native Paul Newman and many other notable actors also got their starts at the place once called the 86th Street Theater.
According to two sources, the Cleveland Clinic Foundation will seek to demolish all structures that were once part of the Cleveland Play House (CPH), 8500 Euclid Ave. That includes the adjacent former Sears department store along Carnegie Avenue. Demolition could occur this winter.
Fairfax Market development wins financing
Financing was awarded to the first phase of a mixed-use development on the southeast corner of East 105th Street and Cedar Avenue that aims to capitalize on the many infrastructure, health care and residential developments nearby.
Using the working titles of Cedar Avenue Mixed Use and/or the Fairfax Market, Fairmount Properties’ won $37 million in bond financing from the Cleveland-Cuyahoga County Port Authority for the $59 million, 190,000-square-foot building and attached three-level, 209-space parking garage.
Wednesday, November 10, 2021
Two Tremont markets fade in a rite of passage
Tremont doesn’t have a grocery store but it does have tiny neighborhood markets. And two gritty members of that shrinking fraternity are about to fade into history.
The demise of the Fairfield Food Market and the Abbey Market & Grocery are a rite of passage as Tremont continues its transition from a rough and tough neighborhood of Eastern European, African-American and Appalachian people who worked in the nearby mills and other Cleveland industries. Replacing them in the last few decades are a wide and gentrifying mix of young professionals, service workers and others who live in new or renovated townhomes and apartments.
Tuesday, November 9, 2021
Downtown townhomes sell to out-of-state investor
Yesterday, a 16-unit townhouse complex on the east side of downtown Cleveland and built five years ago was sold to an out-of-state investor. The buyer, Milton Townhomes LLC, acquired the for-rent townhomes and their 0.4-acres of property for just under $6 million from Jobu Needs A Refill LLC — referring to a line from the 1989 sports comedy movie Major League about the Cleveland Indians.
Sunday, November 7, 2021
Large apartment building planned in Lakewood
Site is across the street from Phantasy Theater
One of the surprise applicants to a new ‘megaprojects’ tax credit program was the Studio West 117 development, a project now under way at the east end of Lakewood. Until the tax credit applications were submitted Oct. 29 to the Ohio Department of Development, public information about the project showed it was limited to renovations of historic buildings.
Now, a significant new-construction apartment building for seniors is being added to the $75 million planned revitalization those historic structures into a hub of entrepreneurship, arts, culture, health and human services for Cleveland’s LGBTQ+ community.
Saturday, November 6, 2021
Ohio City project’s rejection to be appealed
Despite meeting the requirements of the city of Cleveland’s existing and proposed zoning code, a planned townhouse development for the Ohio City neighborhood was shot down by the City Planning Commission. It is the second time a townhouse project by the same developer at this location was rejected by the same panel.
Friday, November 5, 2021
Big commerce park planned for Slavic Village
Due in part to the explosive growth in e-commerce, developers can’t build warehousing, distribution and logistics centers in Northeast Ohio fast enough to meet demand. The challenge for shippers, investors and community development officials is to find sites big enough and close enough to existing transportation routes and customer markets, as well as to an existing workforce.
Wednesday, November 3, 2021
Nine of 42 TMUD applications are from Greater Cleveland
Tuesday, November 2, 2021
MidTown seeks partner for ambitious Euclid-East 55th rebirth
MidTown Cleveland Inc. wants to restore much of the density and vibrancy at what was once among the city’s most important intersections. It is requesting a development partner to help it achieve that goal.
Saturday, October 30, 2021
Ex-Westinghouse plant sold to developer
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.
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.