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.
Sunday, July 31, 2022
Thursday, July 28, 2022
Ohio megaproject applications released
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.
Wednesday, July 27, 2022
INTRO phase 2 gets a bit clearer
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.
Tuesday, July 26, 2022
Five Iron Golf to fill four Euclid Ave. storefronts
Friday, July 22, 2022
Lumen tower no longer for sale
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.
Thursday, July 21, 2022
More Pearls of development due
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.
Tuesday, July 19, 2022
Great Lakes Brewing on the move
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.
Friday, July 15, 2022
Van Aken District high-rises may start next month
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.
Wednesday, July 13, 2022
Work starts on reviving 45 Erieview
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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.
Monday, July 11, 2022
Woodhill Station West starts construction
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.
Two cranes, coming right up
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.
Sunday, July 10, 2022
Artcraft Building has a new suitor
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.
Friday, July 8, 2022
Megaproject candidates — a partial list
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.
Wednesday, July 6, 2022
Downtown construction boom looms
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.
Friday, July 1, 2022
Stokes West plans revised, gains support
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.