Friday, November 17, 2023

Tremont’s Lincoln Hts apartments start

An unofficial groundbreaking was held yesterday for the Lincoln Heights
Apartments in Cleveland’s Tremont neighborhood and construction vehicles
were delivered to the site at the west end of Breiver Avenue. However, town-
homes at the former Cleveland Animal Protective League property may be
pursued at a later date (KJP). CLICK IMAGES TO ENLARGE THEM.

Hidden away behind houses and trees, construction on another large development in Cleveland’s Tremont neighborhood got under way this week. And while this latest development project is largely shielded from view, it simultaneously reveals the continuing strength of Cleveland’s multi-family market as well as the comparative weakness of its for-sale housing market. That’s especially true in certain neighborhoods that, starting next year, will lose their ability to offer 100 percent property tax abatement for new, for-sale homes.

READ MORE

No comments:

Post a Comment