Tuesday, October 28, 2025

Next Progressive Field renovations to start

Renderings of the three concession stands after they are renovated into the Market
by Progressive Field’s food and beverage contractor Delaware North (Rossetti).
CLICK IMAGES TO ENLARGE THEM.

Demolition work is about to begin at selective locations throughout Progressive Field, home of the Cleveland Guardians baseball team. This represents the start of the third and final phase of more than $200 million worth of renovations to the 31-year-old ballpark, located at 2401 Ontario St. in Downtown Cleveland.

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Monday, October 27, 2025

Westinghouse redevelopment wins city love

This view looks north along West 58th Street, once a street of heavy industry,
toward the vacant Westinghouse plant at the end. Today, the street is lined
with $600,000-plus townhomes and apartments leasing for from $1,500
 to $3,500 (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

City support came from several directions today for the redevelopment of the long-vacant Westinghouse plant, 1200 W. 58th St. in Cleveland’s Gordon Square neighborhood. But more is needed in order to finalize the redevelopment financing package and design work for the project.

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Friday, October 24, 2025

Haslams-Cleveland deal gets first airing

Just about everything visible in this Downtown Cleveland lakefront view is due to
be erased in less than a decade. Not only does that include Huntington Bank Field
but the Waterfront Line station, the blue Shoreway bridge at right and even the West
3rd Street bridge from which this streetview was captured. West 3rd’s bridge will be
replaced with a span that accommodates a new lakefront boulevard (Google).
CLICK IMAGES TO ENLARGE THEM.

Cleveland’s Design-Review Committee of the City Planning Commission was the first committee tasked by City Council to hear details on the proposed settlement between the city and the owners of the Cleveland Browns football team. But it was clear from some members that the deal left them wanting — for more details, more money and more time.

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Wednesday, October 22, 2025

Westinghouse redo phases announced

A conceptual rendering of what the former Westinghouse plant near Edgewater Park
in Cleveland would look like after all components of a phase-one redevelopment
are completed (AODK). CLICK IMAGES TO ENLARGE THEM.

Confirming a report first published by NEOtrans in July, a development group today announced their phased-approach plans to redevelop the vacant, former Westinghouse plant overlooking the West Shoreway. They also detailed upcoming steps that need to be taken in order to start construction on phase 1A in early 2026.

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Tuesday, October 21, 2025

Cuyahoga = Vinton; Every Ohio county gets $1M in Brownfield grants in 2026

Cleveland and some of its inner-ring suburbs are filled with Brownfield sites. It has so
many that the entire Ohio Brownfield Remediation Program could be used each year to
clean up and help repurpose these sites left over from the Gilded Age when Cuyahoga
County was an industrial giant (Google). CLICK IMAGES TO ENLARGE THEM.

Cuyahoga County, once an industrial giant on a global scale, is trying to remake itself in America’s post-industrial economy. That remake is burdened by literally hundreds of properties awaiting environmental assessment and clean-up from more than a century of unregulated manufacturing.

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Monday, October 20, 2025

Townhouse construction hits the Marks

Five townhomes rise on Brevier Avenue in Cleveland’s Tremont neighborhood. When
these are complete, Marks Building Co. will build three more across the street
(Marks Building). CLICK IMAGES TO ENLARGE THEM.

In Greater Cleveland, there’s new life in the townhouse market after a recent slump. And in the City of Cleveland, there’s a new builder tapping into that rekindled market interest in new and remodeled townhouses.

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Sunday, October 19, 2025

Highland Hills to gain large advanced manufacturing facilities


Up to 400,000 square feet of industrial space is due to be constructed
 starting early next year on 30 acres of land in suburban Highland
(Cresco). CLICK IMAGES TO ENLARGE THEM.

An Independence-based development firm yesterday closed on acquiring a large parcel of land in the eastern suburb of Highland Hills and plans to start construction early next year of up to 400,000 square feet of facilities to accommodate one or more manufacturing tenants.

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Friday, October 17, 2025

New UC skyscraper approved by city

The East Stokes apartment tower will rival the neighboring Artisan apartments as
the tallest structure in Cleveland’s University Circle district. The same developer
led both projects (SCB). CLICK IMAGES TO ENLARGE THEM.

There’s good news and there’s uncertain news when it comes to the latest skyscraper planned for Cleveland’s booming cultural district, University Circle, and specifically for the megaproject site called Circle Square.

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Cleveland Browns may stay downtown two years longer than planned

The current Huntington Bank Field on Downtown Cleveland’s lakefront has been
home to the Cleveland Browns since 1999. And it may be the home of the Browns
for up to two years longer than the team’s ownership had planned (HSG).
CLICK IMAGES TO ENLARGE THEM.

If it seemed like the Cleveland Browns and their owners the Haslam Sports Group (HSG) were a tad generous with their $100 million settlement with the City of Cleveland, now we know why.

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Thursday, October 16, 2025

Good Company relocating, expanding

This 140-year-old building at West 25th Street and Chatham Avenue in Cleveland’s
Ohio City neighborhood is best known for its “Greetings from Cleveland” mural.
But it will soon have a commercial bakery-kitchen and storefront operated by
the owner of Good Company restaurant in Battery Park (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

If you haven’t heard of Good Company restaurant, then that’s the reason why they’re making a move — two actually. And if you have heard of it, you may be glad to learn there’s going to be twice as much of it.

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Wednesday, October 15, 2025

Clothing maker sews move to Flats

This warehouse on Mulberry Avenue on the West Bank of the Flats is planned to be the
new home of a growing clothing manufacturer called Found Surface. But the owner of
the building is concerned that the city will delay this project as it had delayed a previous
one to death. The property is next to the Centennial Lake Link Trail (Google).
CLICK IMAGES TO ENLARGE THEM.

A boarded-up warehouse along the thread of the Centennial Lake Link Trail on Cleveland’s Flats West Bank could soon sew up a growing clothing manufacturer. But the lease signed this week by Cleveland-based Found Surface has an escape clause that allows it to cut and run to its second-choice location in the suburbs.

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Tuesday, October 14, 2025

Hough hotel planned near Cleveland Clinic

Outlined in red is the approximate location of proposed land purchases for a new
SpringHill Suites extended-stay hotel on East 90th Street, just north of Chester
Avenue. The Cleveland Clinic campus is seen to the south in the background
along with many new apartment buildings nearby (Google).
CLICK IMAGES TO ENLARGE THEM.

A lack of affordable, extended-stay hotel accommodations near the Cleveland Clinic’s Main Campus has prompted a development team to fill that void. But in order to keep long-term stays affordable for families visiting Clinic patients, the hotel will have to be built on more affordable land at the periphery of the Main Campus. In this case — Cleveland’s Hough neighborhood.

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Monday, October 13, 2025

Haslams to fund $100M lakefront stadium demo, redevelopment

Today’s settlement appears to seal the fate of the 1999-built Huntington Bank Field
on Downtown Cleveland’s lakefront and opens up the entire 50-acre lakefront
development to be announced by early next year. It is due to be demolished follow-
ing the Cleveland Browns’ 2029 move to a new, enclosed Huntington Bank Field
in suburban Brook Park (CBRE). CLICK IMAGES TO ENLARGE THEM.

A new, enclosed Huntington Bank Field will be built in Brook Park. And the current home of the Cleveland Browns in Downtown Cleveland will be demolished for lakefront redevelopment for which the owners of the Browns will help finance to the tune of $100 million.

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Cleveland among top job markets in 2025 Q3

While the rest of the nation wallows in sour economic news, the job situation in Greater
Cleveland looks relatively rosy based on the latest report from one of the world’s largest
career search listing Web sites (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Each new national job report and economic indicator this year shows the nation’s economy is slowing down. But it doesn’t seem that way yet here in Greater Cleveland, where new apartment buildings are going up, there’s more traffic on the roads and more new restaurants and stores opening. So why the difference?

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Friday, October 10, 2025

Gateway parking lots are closed – forever?

Parking lots between Huron Road and Prospect Avenue, east of East 4th Street in Down-
town Cleveland’s Gateway District were closed off starting this week. If any parking
reopens here, it will likely be in new parking garages to support the development of
Bedrock Real Estate’s so-called Rock Block site. This view looks north from the front
steps of Rocket Arena (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Another parking crater in Downtown Cleveland has succumbed to a new development that promises to attract hundreds of thousands of visitors per year. The latest to disappear is a windswept, 3-acre parking lot in the Gateway District, across Huron Road from Rocket Arena, home to Cleveland Cavaliers basketball and Cleveland Monster hockey games.

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Thursday, October 9, 2025

Two Cleveland housing developments to benefit from new funding program

The Walton Apartments on Clark Avenue in Cleveland’s Clark-Fulton neighborhood is
one of two local beneficiaries of the new Cleveland Housing Investment Fund created
by a national nonprofit organization (RDL). CLICK IMAGES TO ENLARGE THEM.

The local affiliate of a national nonprofit organization today announced the first of two financing commitments for the new Cleveland Housing Investment Fund (CHIF). Both commitments are long-planned affordable housing developments that will help address the city’s affordable housing crisis.

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Chester 82 joins Park Synagogue in Port funding

The latest development in Cleveland’s Hough neighborhood looks like it will be Chester
82, seen here at the northwest corner of its namesake streets of Chester Avenue and East
82nd Street (Sullivan Bruck). CLICK IMAGES TO ENLARGE THEM.

The Port of Cleveland Board of Directors today approved $50 million in bond financing to support two significant development projects — the redevelopment of the historic Park Synagogue in Cleveland Heights and a new apartment community along Chester Avenue in Cleveland’s Hough neighborhood.

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Wednesday, October 8, 2025

Park Synagogue redevelopment OK’d

A major redevelopment of the former Park Synagogue site was approved this week by
Cleveland Heights City Council after a shakeup at the top of City Hall’s leadership.
With the approval, the first phases of redevelopment of the 75-year-old synagogue
can begin (SCA-Ardon Bar-Hama). CLICK IMAGES TO ENLARGE THEM.

The City of Cleveland Heights has reached an agreement with a local, experienced real estate developer to help finance the redevelopment of the former Park Synagogue and its green space as an arts campus and residential village.

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West-side CDCs make changes at the top

Next week, David Robinson will leave the top job at West Park Kamms Neighbor-
hood Development for the same job at Old Brooklyn Community Development
Corp. (OBCDC). CLICK IMAGES TO ENLARGE THEM.

Making a move from leading one nonprofit community development corporation for another can sometimes make inferences about the place they’re leaving. But in David Robinson’s lateral move, due to start next week, it says more about the place he’s moving to — a place called home.

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Tuesday, October 7, 2025

Brook Park stadium public infrastructure costs rise to $122 million

Major infrastructure investments are needed to accommodate sudden, brief surges of heavy
traffic up to a dozen times per year on roadways and transit from a planned 67,000-seat
stadium in suburban Brook Park. Figuring out how to pay for them in a metropolitan
area that hasn’t grown in 60 years is proving to be a difficult task (Google).
CLICK IMAGES TO ENLARGE THEM.

Building a 67,000-seat stadium where none has existed before is proving to be a big expense for expanding road and transit systems to accommodate huge surges in traffic on a relatively small number of event days each year. And it is government funding that is being requested to cover that construction expense which has now risen to $122.15 million.

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Monday, October 6, 2025

Cleveland sues ODOT for Browns stadium ruling

Looking west from above Interstate 71 in the Cleveland suburb of Brook Park, the orange-
shaded area is the land on which a new Huntington Bank Field, supportive development
and parking is planned. Just beyond is Cleveland Hopkins International Airport, set on
City of Cleveland-owned land (Google). CLICK IMAGES TO ENLARGE THEM.

In the latest chapter of the region’s ongoing stadium saga, the City of Cleveland has sued the Ohio Department of Transportation’s (ODOT) Office of Aviation for granting a permit for the construction of a new stadium next to Cleveland Hopkins International Airport.

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Friday, October 3, 2025

African Town biz incubator wins OK

Conceptual plans for the African Town Retail Plaza on Cedar Avenue in Cleveland’s Fairfax
neighborhood were approved today by the Design Review Committee of the City Planning
Commission (JL Myers). CLICK IMAGES TO ENLARGE THEM.

With work underway to redevelop the former Cedar Branch YMCA to become African Town Plaza, its developer James Sosan is now looking for his next real estate project. He didn’t have to look far.

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Dollar Bank makes Downtown move official

The westernmost storefront on the left side of The Beacon Apartments tower will be the
new Downtown Cleveland home of Dollar Bank. The site is on Euclid Avenue next to
The Old Arcade, seen at far left (Google). CLICK IMAGES TO ENLARGE THEM.

Although NEOtrans broke the story of Dollar Bank’s retail location move in Downtown Cleveland back in July, company officials made the news official and more detailed in an announcement yesterday.

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Thursday, October 2, 2025

Ohio funds more Cleveland Web access

Atop the Morning Star Apartments on St. Clair Avenue near East 105th Street in Cleve-
land’s Glenville neighborhood, high-speed internet equipment was installed to connect
more Clevelanders to the Internet (DigitalC). CLICK IMAGES TO ENLARGE THEM.

Ohio Gov. Mike DeWine and the Ohio Department of Development’s BroadbandOhio office today announced a milestone in the state’s effort to provide affordable high-speed internet across the entire city of Cleveland and help address its digital divide.

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Haslams announce Brook Park stadium builders

An updated rendering of the proposed new Huntington Bank Field in the Cleveland
suburb of Brook Park (HKS). CLICK IMAGES TO ENLARGE THEM.

The owners of the Cleveland Browns today announced they’ve assembled another team — the builders of what they’ve touted as Ohio’s first enclosed National Football League stadium. The construction team is due to start construction of the stadium following an early-2026 groundbreaking.

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Wednesday, October 1, 2025

Sherwin-Williams invests in Higbee Building

The new Sherwin-Williams headquarters tower at right will not be taking company
employees who are located on three floors of the 10-story Higbee Building at far
left. Instead, Sherwin-Williams is investing a modest amount to improve amenity
spaces in common areas of the Higbee Building (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

Yesterday, on the same day Sherwin-Williams (SHW) was touting in a press release the move-in dates for its 1.6 million square feet of new research and headquarters facilities, it was also delivering plans to the city of Cleveland for renovations to three floors of downtown’s Higbee Building.

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Pennrose acquires Warner & Swasey site

The foundry section, at left, of the long-vacant Warner & Swasey factory on Carnegie
Avenue near East 55th Street is to be demolished for parking for residents in the
to-be-redeveloped, surviving portion of the complex at right (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

Four decades after the venerable Warner & Swasey factory in Cleveland’s Midtown neighborhood closed, good things appear to finally be coming together for a rebirth of the 3-acre site.

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Higley becomes 100% employee owned

The Albert M. Higley Co., today known simply as Higley Construction, is headquartered
in this 25,000-square-foot building on Euclid Avenue in Cleveland’s Midtown neighborhood.
In the same year the company turned 100 years old, it also became a 100-percent employee-
owned firm (Google). CLICK IMAGES TO ENLARGE THEM.

As Higley Construction, formerly known as The Albert M. Higley Co., celebrates its 100th year, the company today announced its transition to an Employee Stock Ownership Plan (ESOP) — officially becoming a 100 percent employee-owned company.

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Tuesday, September 30, 2025

Housing study: Ohio rents rise faster than incomes, homelessness jumps

With rising construction costs, high interest rates and a lack of readily available building
sites, it’s a challenging environment for developers who are seeking to provide affordable
housing in Greater Cleveland. Skyline on Stokes in University Circle offers workforce
housing in a fast-growing district where most new housing is near the top of the market
rent-wise (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Homelessness and homeownership are both rising in Ohio, pointing to a mixed bag of housing market indicators that need to be either slowed or supported by state housing policies and programs.

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Monday, September 29, 2025

West Cleveland Target store to be rehabbed

The Target store on West 117th Street and Interstate 90 on Cleveland's West Side
has been a strong revenue producer for the retail giant. So the company is not
only retaining the store but investing millions to update it (Google).
CLICK IMAGES TO ENLARGE THEM.

Next year will be the 20th anniversary of the Target store at West 117th Street and Interstate 90 in Cleveland’s Westown neighborhood. And after two decades of pretty heavy foot traffic, it needs a freshening up.

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Saturday, September 27, 2025

City View Lofts planned on Euclid Ave.

The next aging office building in Cleveland’s urban core that’s proposed to be converted
to residential is near the intersection of Euclid Avenue and East 30th Street. Because
of the adjacent Innerbelt highway, this building has a clear view of Downtown
Cleveland (Vocon). CLICK IMAGES TO ENLARGE THEM.

Plans were submitted to the city yesterday for the latest conversion of an aging, post-war office building near the intersection of Euclid Avenue and East 30th Street. But the proposed conversion at 2728 Euclid Ave. may come at a bargain price.

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Friday, September 26, 2025

Plans for new Cleveland community revived

A revised, conceptual plan and a new financial request is pending for the development
of for-rent townhomes at the site of the former Stephen E. Howe Elementary School
in Cleveland’s Glenville neighborhood (LDA). CLICK IMAGES TO ENLARGE THEM.

A planned development of affordable, for-rent townhomes announced nearly two years ago is back with a slightly revised plan and a request for public financial assistance to build the townhome community.

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Thursday, September 25, 2025

Funds for St. Theodosius fire repairs needed

After the first phase of rebuilding St. Theodosius Orthodox Cathedral in Tremont,
this is what the building would look like. If enough funds are raised to help the
church recover from a May 28, 2024 fire, then the church’s distinctive domes
can be rebuilt (Bostwick). CLICK IMAGES TO ENLARGE THEM.

Cleveland’s Landmarks Commission today approved a two-phased plan to rebuild the fire-damaged St. Theodosius Orthodox Cathedral — not only to protect the church’s decoration-laden interior from the elements now, but to help revive the congregation’s stalled fundraising efforts for a full $17 million rebuild.

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Tuesday, September 23, 2025

It’s official: Lakewood Common groundbreaking ceremony is set

Across Marlowe Avenue from the Lakewood Common’s construction office, and behind
the historic Curtis Block, is where city, school and development team officials will gather
at noon Thursday for the official groundbreaking ceremony for the redevelopment of
the former Lakewood Hospital site. Site preparation was getting underway last
week (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Last week, NEOtrans was first to report that site preparation work was getting underway for the Lakewood Common redevelopment of the former Lakewood Hospital site. This week, we can report that the official groundbreaking ceremony is now scheduled.

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Monday, September 22, 2025

Tariffs may cut GCRTA railcar order by 10%

The Greater Cleveland Regional Transit Authority’s new railcars will start coming off
the assembly line in California next year. But some of the components are manufactured
overseas and subject to new federal tariffs, thus increasing costs of the final product. This
image shows some of the Siemens railcar’s features but are not necessarily which ones
are subject to tariffs (Siemens Mobility). CLICK IMAGES TO ENLARGE THEM.

For the first time in more than four decades, the Greater Cleveland Regional Transit Authority is replacing its rapid transit trains — the oldest fleet of railcars used by any U.S. transit agency. But that rare $450 million opportunity to modernize its rail system could end up 10 percent short of its goal.

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Saturday, September 20, 2025

Two more big Lakewood developments

It’s back! Solove Real Estate’s The View on Detroit’s mixed-use development has a new
project leader. DiGeronimo Companies is seeking to build a project very similar to what
Solove proposed four years ago on Detroit Avenue just east of Bunts Road. It is just one
of four current and planned large developments on Detroit in Lakewood (RDL).
CLICK IMAGES TO ENLARGE THEM.

Detroit Avenue in Lakewood is becoming a hot zone of multifamily developments. One project at the Steve Barry Buick site is well underway. Another, Lakewood Common, is just getting started. And two new developments are planned at sites where other, similar buildings were sought before.

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Friday, September 19, 2025

CWRU-led effort a finalist for $160M advanced manufacturing program

Advanced manufacturing in Northeast Ohio could get a boost if a regional partner-
ship led by Case Western Reserve University wins a $160 million grant spread
across 10 years to boost the region’s manufacturing competitive (CWRU).
CLICK IMAGES TO ENLARGE THEM.

Northeast Ohio’s ambitious goal of becoming a national epicenter for advanced materials and industrial innovation over the next decade, with the goal of creating 20,000 manufacturing jobs, has advanced to the next stage.

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The Park opens its doors in Tremont

Although some finishing touches are still coming, The Park in Cleveland’s Tremont is wel-
coming its first tenants in a setting that offers 1.5 acres of green space featuring walking
paths, native landscaping and amazing views of Downtown Cleveland. This is one half
the L-shaped building. Plus, a second phase with for-sale townhomes could someday
rise on the land to the right (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

It’s like a secret hidden behind a 19th century Cleveland neighborhood, found only by wandering the back streets of Tremont’s Lincoln Heights section. And just when you’re wondering if you made a wrong turn, The Park jumps out at you like a surprise.

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Thursday, September 18, 2025

ODOT-Aviation reverses course, OKs permit for new Browns stadium

The planned new Huntington Bank Field is close enough to Cleveland Hopkins Inter-
national Airport, seen at left, that it initially resulted in a denial of a building permit
for the large, new structure. Today, the permit was approved (HKS).
CLICK IMAGES TO ENLARGE THEM.

After initially denying approval, the Ohio Department of Transportation (ODOT) today reversed course and approved a permit for construction of the new, enclosed Huntington Bank Field in Brook Park near Cleveland Hopkins International Airport.

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Another Cleveland-area shopping center sold

Fairview Centre has been serving the community for 85 years. The once-linear retail
strip along and near Lorain Road was significantly reconstructed in the mid-1990s
with a new grocery store and other retail spaces set back behind a large parking
lot (Google). CLICK IMAGES TO ENLARGE THEM.

For the sixth time this year, another large, multitenant retail center in Greater Cleveland has sold.  JLL Capital Markets announced today that it arranged the $13.8 million sale of Fairview Centre, a 147,602-square-foot, grocery-anchored shopping center in Fairview Park.

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Wednesday, September 17, 2025

Downtown Lakewood project starts

Construction equipment showed up yesterday and crews began working today to prepare
the Downtown Lakewood site for construction. That includes cordoning off parking spaces
on Belle Avenue, relocating a bus stop on Detroit Avenue and filling in the pit that has
characterized the site for the past five years. The house at far right is now a construction
office for Lakewood Common (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

At long last, construction crews are on location today to begin site preparation for the $115 million Downtown Lakewood mixed-use development called Lakewood Common. It’s a sign of progress that’s been pursued by two mayors and two different developers since the city-owned Lakewood Hospital was closed by Cleveland Clinic in 2016.

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Tuesday, September 16, 2025

St. Clair-Superior is Mandel’s next big bet

Looking west along Superior Avenue toward Downtown Cleveland, the St. Clair-Superior
neighborhood is to the right of Superior where Cleveland’s Mandel Foundation is making
big investments to support dedevelopment efforts including new murals seen at the
bottom (SCSDC). CLICK IMAGES TO ENLARGE THEM.

If you’ve noticed the Jack, Joseph and Morton Mandel Foundation‘s name on some recent, significant investments in Cleveland’s St. Clair-Superior neighborhood, that’s not just because applicants from that area happened to submit some compelling grant requests at roughly the same time.

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Friday, September 12, 2025

New Browns’ Brook Park stadium to have among least parking in NFL

Green Bay Packers fans walk to Lambeau Field from their car, parked on the front lawn
of a house in a residential neighborhood near the stadium. Many homes in Green Bay
and neighboring Ashwaubenon have offered stadium parking for decades (Used with
permission from NBC 26 WGBA-TV). CLICK IMAGES TO ENLARGE THEM.

Last night, in the hours before the Green Bay Packers hosted the Washington Commanders for a football game at historic Lambeau Field, fans did what they do everywhere else. They parked their cars, maybe did a little tailgate partying before walking to the stadium and paid a handsome price for the privilege.

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Thursday, September 11, 2025

McCafferty Center redo gets warm reception

A birds-eye view rendering of the southwest corner of the affordable senior apartments,
proposed to be built on the current site of the McCafferty Health Center on West 44th
Street, at left, and Lorain Avenue in Cleveland’s Ohio City neighborhood (City
Architecture). CLICK IMAGES TO ENLARGE THEM.

Plans for demolishing a city-owned health center in Cleveland’s Ohio City neighborhood and replacing it with 72 affordable senior apartments over offices plus community spaces got a warm reception today from the city’s Landmarks Commission.

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Cleveland developments get $54M from Port

Two developments that were awarded financial assistance today by the Port of Cleveland’s
board of directors are seen here — The Bell, at left, and Erieview Tower (Google).
CLICK IMAGES TO ENLARGE THEM.

More than $54 million in bonds were awarded today by the Port of Cleveland for three Cleveland real estate developments including a luxury downtown hotel and an Ohio City apartment complex.

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Wednesday, September 10, 2025

Cleveland Clinic sells, leases back 24 facilities

In Northern Ohio and Florida, 24 Cleveland Clinic properties were sold to MedCraft Health-
Care Real Estate. The Clinic is then leasing back the spaces to continue their operations and
services at those sites (Newmark). CLICK IMAGES TO ENLARGE THEM.

A large-scale sale-leaseback of 24 facilities in Ohio and Florida is underway, and it’s Greater Cleveland’s largest employer that’s initiating it. The sale-leaseback was sought by Cleveland Clinic, and the buyer is MedCraft HealthCare Real Estate. a suburban Minneapolis-based health care real estate company.

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Tuesday, September 9, 2025

Bedrock teases new downtown towers

Zooming in on a rendering of Bedrock’s Riverfront Cleveland public realm improvements,
the view from West 3rd Street and Eagle Avenue in the Flats reveals massings for two new
downtown towers in Bedrock’s Rock Block, in addition to the next phases of its Riverfront
development at left (MKSK). CLICK IMAGES TO ENLARGE THEM.

As they say in target practice, “pay attention to the background.” That’s also good advice to use when reviewing plans for major urban developments like Bedrock’s Riverfront Cleveland masterplan. But the plans, in this case renderings, opened the door to inquire about Bedrock’s vision for another downtown megaproject.

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Monday, September 8, 2025

West Park developments see progress

At the groundbreaking ceremony for the Parker townhomes were, from left, Cleveland
Ward 17 Councilman Charles Slife, Maverick Building Co. owner Anthony Fiorini and
Brian Salem of the Salem Team at eXp Realty (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

Long Cleveland’s most stable neighborhood, West Park has been getting a little gray in the 20th century. While several other Cleveland neighborhoods are seeing new housing and businesses get built, that investment has largely eluded West Park. Until now.

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Notable real estate investment firms merge

Legacy RHM Capital was created through the combination of two firms led by these five
men. From left, they are Jim Doyle, Ned Huffman, David St. Pierre, Mitchell Schneider
and John Joyce (Contributed Image). CLICK IMAGES TO ENLARGE THEM.

Legacy RHM Capital, a fully integrated real estate investment platform focused on acquiring, operating and enhancing institutional-quality multifamily properties, announced its formation through the strategic merger of Legacy Capital Partners and RHM Capital Group.

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Thursday, September 4, 2025

Downtown garage is coming down

This two-level parking garage has been closed for more than a year due to its poor condition
and is part of a site that’s listed as available for sale or lease. The garage is too frail to support
an overhead vertical development like the Ten60 Bolivar Apartments, seen at far right, which
was built atop a decades-old garage (Google). CLICK IMAGES TO ENLARGE THEM.

A small, decaying parking garage on an available property near Progressive Field in Downtown Cleveland is likely to be demolished soon. The question is, what might replace it now and for the long term?

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