Sunday, July 31, 2022

CentroVilla25 may start construction this fall

A splash of color is planned for West 25th Street south of Clark Avenue
in the heart of Cleveland’s La Villa Hispana where a center of Hispanic
culture, shopping and entrepreneurship is due to rise perhaps as early as
 this fall (RDL). CLICK IMAGES TO ENLARGE THEM

It has been years in the making, but things are finally starting to come together with CentroVilla25. Building permits were filed with the city last week for the start of construction that will turn a vacant warehouse at 3140 W. 25th St. into a center of Hispanic culture, shopping and entrepreneurship for Cleveland’s La Villa Hispana (Clark-Fulton) neighborhood. That follows City Planning Commission’s Design Review Committee giving the project schematic approval earlier this month — with two conditions.

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Thursday, July 28, 2022

Ohio megaproject applications released

Eight historic buildings on Cleveland’s Flats East Bank could be redeveloped
if the developer, the George Group, receives an Ohio Transformational Mixed
Use Development tax credit by fall. It is one of 36 applications announced
today for the $100 million megaprojects incentives program (LDA).
CLICK IMAGES TO ENLARGE THEM

When real estate developer Bob Stark thought up the Ohio Transformational Mixed Use Development (TMUD) tax credit several years ago, he envisioned it as a means to transition from tapping historic tax credits for renovating old buildings in downtown Cleveland to affording the construction of new ones. His rationale was that, with the supply of obsolete commercial buildings dwindling to provide new residential inventory, a new financial incentive would be needed to overcome Cleveland’s high construction costs and low rents to satisfy downtown housing demand.

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Wednesday, July 27, 2022

INTRO phase 2 gets a bit clearer

A structural study of Harbor Bay Real Estate Advisors’ INTRO phase two
shows a 16-story residential tower between Gehring Avenue and the Greater
Cleveland Regional Transit Authority’s Red Line. West 25th Street is across
the bottom of this northeastward-looking image. Phase one of INTRO is seen
to the left of the proposed new tower. The shape of the actual phase two will
be somewhat different than this early concept but the location, use of wood
and a concrete parking podium will likely be the same (HBREA).
CLICK IMAGES TO ENLARGE THEM

After a developer entered a project design contest recently, it did more than just win some money. It also gave some insights into its next big construction project in Cleveland’s Ohio City neighborhood. But a spokesman for the developer, Harbor Bay Real Estate Advisors, cautioned that the basic design it submitted was merely a study of how the project’s second phase could be built in an innovative way.

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Tuesday, July 26, 2022

Five Iron Golf to fill four Euclid Ave. storefronts

The 1000-block of Euclid Avenue in downtown Cleveland won’t be
quiet much longer, even when golfers step up to take their strokes at
Five Iron Golf. The New York-based interactive sports gaming
business will fill four of the five ground-floor storefronts at the
Euclid Grand development. The only space it won’t fill is the one
next to the Euclid Grand apartments’ lobby, at right. The Centen-
nial at left and The Statler Apartments bookend the site (KJP).
CLICK IMAGES TO ENLARGE THEM

Downtown Cleveland’s Euclid Avenue is a bit of a dead zone between East 9th and East 12th streets, but it’s not for a lack of residential. Almost every building on both sides of the street were converted from offices to residential uses over the past decade. What silences this stretch of downtown’s historic main street is the scarcity of ground-floor activities.

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Friday, July 22, 2022

Lumen tower no longer for sale

The Lumen, downtown Cleveland’s tallest residential building, was
90 percent leased just one year after it opened for occupancy in July
2020, right in the middle of the COVID-19 pandemic. Its owner,
the Playhouse Square Foundation, put the building up for sale
but reportedly has taken it off the market (JLL).
CLICK IMAGES TO ENLARGE THEM

If you were gathering up spare change in the hopes of buying The Lumen, Cleveland’s tallest residential building, you’re probably out of luck. The reason is that The Lumen’s owner, the Playhouse Square Foundation (PSF), is reportedly taking the 34-story apartment tower off the market. And it wasn’t just out of your price range. It was out of everyone’s range.

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Thursday, July 21, 2022

More Pearls of development due

A conceptual rendering of the five-story Flats On Pearl, 3784 Pearl Rd., in
Cleveland’s Brooklyn Centre neighborhood was among the designs approved
by the city’s Near West Design Review Committee last week. However, some
 additional refinements to the design were requested before developer Kosta
Almiroudis advances the project through the city approvals process (Brandt).
CLICK IMAGES TO ENLARGE THEM

While renovations are well underway on converting the old Brooklyn Masonic Temple into the Lofts On Pearl, Kosta Almiroudis is already planning his next move two doors down. At 3784 Pearl Rd., the founder of Almico Properties and Northern Lights Maintenance LLC plans to redevelop a strip of single-level, historic storefronts into the Flats On Pearl.

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Tuesday, July 19, 2022

Great Lakes Brewing on the move

Great Lakes Brewing Co.’s production facility is spread among multiple
structures, both new and old in the heart of Cleveland’s densely deve-
loped Ohio City neighborhood. As the neighborhood continued to
densify and the facility became constrained, the prospects for
relocating the entire brewery to the Flats increased (Google).
CLICK IMAGES TO ENLARGE THEM

A number of factors have come together to prompt the Great Lakes Brewing Co. to seek a relocation of its production facilities from its longtime location in the heart of Cleveland’s Ohio City neighborhood. Previously, the large craft beer brewer had considered expanding production to properties it acquired over the last four years along the Cuyahoga River on Scranton Peninsula in the Flats. Now it appears that it may move all of its production to the nearly 10-acre site.

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Friday, July 15, 2022

Van Aken District high-rises may start next month

The 15- and 18-story Farnsleigh Apartments are due to see construction
start as early as next month thanks to city incentives that were approved
this week. The high-rises next to the Van Aken District, seen at bottom,
will be the tallest buildings in Shaker Heights when completed
sometime in late 2023 or early 2024 (SCB).
CLICK IMAGES TO ENLARGE THEM

In a sudden development, a major real estate construction project that was rejected for state financial incentives earlier this year has found its salvation from its host city Shaker Heights. And not only was phase two of the Van Aken District blessed with city incentives, phase three was also a beneficiary of the city’s generosity. The approvals came earlier this week during a City Council meeting as an emergency measure, meaning it would not go through the usual readings at three separate council meetings and thus without public input.

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Wednesday, July 13, 2022

Work starts on reviving 45 Erieview

A formal groundbreaking ceremony was held this week to reactivate
the former Ohio Bell Telephone Co. headquarters at East 9th Street and
Lakeside Avenue in downtown Cleveland. The vacant office building
will be revived with apartments, restaurants, shops and eSports gaming
within 14-16 months (KJP). CLICK IMAGES TO ENLARGE THEM

NOTE: This article is sponsored content

The wide variety of top-notch, on-site amenities will probably be the first thing to grab your attention at 45 Erieview. But the unobstructed views of Lake Erie and downtown Cleveland from the tower’s unique curving, glassy façade will stay in your memories. With this week’s groundbreaking for the renovation and conversion of the former Ohio Bell headquarters building, 45 East 9th St., those features are just 14-16 months away from being enjoyed by hundreds of residents, office users and restaurateurs.

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Monday, July 11, 2022

Woodhill Station West starts construction

Construction workers and their vehicles showed up today for the first time
at the construction site for one of the largest residential developments in
the Buckeye-Woodhill neighborhood in decades. The site is  across the
street from a recently renovated rapid transit station and just uphill
from the new Opportunity Corridor Boulevard (KJP).
CLICK IMAGES TO ENLARGE THEM

When the Porta-Potties show up at a new construction site, you know it’s for real. In the 9500 block of Buckeye Road in Cleveland’s Buckeye-Woodhill neighborhood, the construction equipment showed up today, too. They’re there to be a part of building the $46.4 million Woodhill Station West development that will bring 120 apartments offering modern housing and on-site amenities mostly to residents of the aging Woodhill Homes public housing complex just north of here. However 30 of the apartments will be offered to anyone who meets income guidelines.

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Two cranes, coming right up

At the Sherwin-Williams’ headquarters construction site, a mobile crane
at right helps construct the base of the tower crane at center so the new
skyscraper can grow to nearly as tall as the 658-foot-tall 200 Public
Square at left. In the middle of it, the Grande Dame of Cleveland
skyscrapers, Terminal Tower, watches over it all (KJP).
CLICK IMAGES TO ENLARGE THEM  

While work has started on installing the tower crane at Sherwin-Williams’ (SHW) headquarters construction site, the timetable has been set for the next crane to rise in downtown Cleveland. That second crane will appear at the work site for the City Club Apartments near the end of August, according a spokesman for Cleveland Construction Inc. Tower cranes are considered by some to be a visual indicator of a city’s economic growth.

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Sunday, July 10, 2022

Artcraft Building has a new suitor

The largest building in Cleveland’s former garment district, now the Superior
Arts District, is the Artcraft Building. There have been several attempts at re-
novating the building with new offices or new apartments. The building now
has a mystery suitor with an equally mysterious redevelopment goal for
 the property (Google). CLICK IMAGES TO ENLARGE THEM

Often the biggest domino is the last one to fall. That’s the case in the Superior Arts District where one former warehouse/textile building after another is falling under the redevelopment knife and coming out with a new lease on life. The biggest of those old buildings is the Artcraft Building, 2530-2570 Superior Ave. and is proving to be the most difficult to get rehabilitated.

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Friday, July 8, 2022

Megaproject candidates — a partial list

The Artisan, a 24-story apartment building, towers over Chester Avenue in
Cleveland’s University Circle. It is just one of a handful of large structures
planned or under construction in the massive Circle Square development
that is seeking for the second time a state tax credit intended to help such
complicated, expensive projects round out their financing packages (KJP).
CLICK IMAGES TO ENLARGE THEM

While a complete list of applicants for so-called “megaproject” tax credits won’t be available until sometime next week, NEOtrans has learned who a few of the local applicants are and aren’t, including at least one surprise. The deadline was today at 5 p.m. for submitting applications to the Ohio Department of Development for the second round of Transformational Mixed Use Development (TMUD) tax credits that could total $100 million worth of awards.

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Wednesday, July 6, 2022

Downtown construction boom looms

The last tower crane over downtown Cleveland was for the 34-story
Lumen apartments. It came down in February 2020, a month before
the pandemic hit in full force. The next tower crane arrives in August
for Sherwin-Williams’ new headquarters. Perhaps a half-dozen more
are likely to arrive in the next year downtown with more cranes in other
parts of Cleveland (KJP). CLICK IMAGES TO ENLARGE THEM.

Are you ready for some construction cranes, Cleveland? No, I’m not talking about the tower cranes that will rise next month above Sherwin-Williams’ new HQ west of Public Square or the crane soon to arrive over the City Club Apartments on Euclid Avenue. Those may be just the tip of the iceberg for downtown. And for this article we’re not even getting into the cranes above University Circle now and in the future. Or the future cranes above Ohio City. Or MidTown. Or near Edgewater Park. Or even near Gordon Park someday.

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Friday, July 1, 2022

Stokes West plans revised, gains support

Looking north in this birds-eye view from above the intersection of
Cedar Avenue and East 107th Street, one of the most significant additions
 to the Stokes West development is the construction of six for-rent town-
homes. The new townhomes would restore a street presence to Cedar
that would otherwise be lost by the demolition of six century-old
rowhouses. Beyond them are two connected towers with 255
apartments (LDA). CLICK IMAGES TO ENLARGE THEM

A largely vacant triangle of land in the southern part of Cleveland’s University Circle could see construction of a 261-unit residential development start by year’s end. But the part of the triangle that isn’t vacant has been a source of debate for the community. That piece is a group of six, century-old, brick rowhouses that was considered obsolete by the developer and deemed a hindrance to the community’s revitalization.

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