Cleveland 7th in US for home appreciation

All homes pictured were built within the past year as part of CHN Housing Partners’ lease-
to-own Parkside Homes development, intended to promote homeownership. Located on
Parkview Avenue in Cleveland’s Buckeye-Shaker neighborhood, the homes replaced a
strip of vacant lots (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

According to a new housing market report by Homes.com, Greater Cleveland home prices continue to rise faster than the national average despite growing inventory. In July, only six of the 40 largest US housing markets saw faster annual sales price growth than Cleveland.

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PNC to move satellite offices downtown

The 35-story PNC Center on East 9th Street and Euclid Avenue in Downtown Cleveland is
about to get more full. Not only are parts of it now up for lease, but PNC will soon relocate
more office workers into the building from satellite locations it leases in Greater
Cleveland (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

When a big company like PNC Bank owns a large, underutilized office property and occupies leased office properties in the same metropolitan area, something’s got to give. The giver is reportedly PNC’s satellite offices. And the receiver is PNC Center in Downtown Cleveland.

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These projects are remaking Cleveland’s lakefront

The Rock & Roll Hall of Fame expansion, as seen from Bar 32 atop the Hilton Cleveland
Downtown (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

Cleveland’s most ambitious lakefront proposals are still in the planning phases: a 450-acre park project which could take shape if Burke Lakefront Airport shuts down, and a 52-acre stadium site masterplan, expected in October. But a handful of lakefront projects are already making waves.

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Cleveland to get 65 Near West Side homes

CHN Housing Partners has been actively developing dozens of “infill” homes on existing vacant
lots in recent years. Although this has been happening primarily on Cleveland’s East Side with
its Parkside and Home Homes, seen above. Now their work will extend to the city’s West
Side (CHN). CLICK IMAGES TO ENLARGE THEM.

CHN Housing Partners (CHN) announced it received an Ohio Low Income Housing Tax Credit (OLIHTC) award and a 4-percent Low Income Housing Tax Credit allocation from the Ohio Housing Finance Agency (OHFA) for its planned construction of Near West Side Homes.

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Glenville gets new apartments, infill

CHN Housing Partners and EDEN build Emerald Senior on the south side of Superior
Avenue (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

As Glenville’s stock of older — and largely historic — buildings continues to shrink, new construction is rushing to fill some of the lost supply. Much of that development aims to cater to specific needs, such as for seniors, veterans, or individuals with disabilities.

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CSU ends GCRTA U-Pass without notice

Transit buses are an ever-present feature around the Cleveland State University campus in
Downtown Cleveland. About 40 percent of CSU students take advantage of its U-Pass
public transit program which is again being targeted for termination by university
officials (Google). CLICK IMAGES TO ENLARGE THEM.

As Cleveland State University (CSU) students prepared return to classes in Downtown Cleveland for the Fall Semester starting this Monday, some were surprised to learn that its U-Pass for discounted rides on public transportation was no longer available.

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NEOMED opens Cleveland innovation hub

Officials from the Northeast Ohio Medical University, University Hospitals, Cleveland Foundation
and other civic leaders brandished scissors to cut the ribbon on NEOMED-UH’s Cleveland Health
Innovation Center at the Cleveland Foundation’s Warren E. Anderson MidTown Collaboration
Center (Photo by Andrea Hallgren). CLICK IMAGES TO ENLARGE THEM.

Northeast Ohio Medical University (NEOMED) and University Hospitals (UH) joined with community leaders, partners, educators and health care professionals yesterday to celebrate the opening of NEOMED’s first Cleveland location.

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