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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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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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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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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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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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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Downtown property owners renew special improvement district

On a hazy day in early June, Downtown Cleveland was entering another summer of
special events, activities and programming, plus the usual living, learning, working
and nights out on the town, all of which are supported by Clean & Safe services
provided by Downtown Cleveland Inc. and funded by downtown property
owners (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Downtown Cleveland, Inc. today announced Cleveland City Council’s approval of the reauthorization of the Downtown Cleveland Improvement District, raising about $43.5 million in dedicated funding through 2032.

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Port of Cleveland names new CEO

Jeff Epstein, who has worked for decades in various economic
development roles in Greater Cleveland, was nominated to
what is arguably the top development position in the region
(Port of Cleveland). CLICK IMAGES TO ENLARGE THEM.

The Port of Cleveland announced today that it has nominated Jeff Epstein to serve as its next president and chief executive officer, pending formal board approval. Epstein brings more than two decades of experience at the intersection of economic development, public-private partnerships, and transformative urban investment.

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Gateway South soccer stadium ‘full steam ahead’

Looking from a soccer stadium in the Gateway South area, north toward Downtown
Cleveland. There could also be a soccer stadium where the Wolstein Center now
stands. But can Cleveland support two downtown soccer stadiums?
(CSG). CLICK IMAGES TO ENLARGE THEM.

A soccer stadium development company that responded to Cleveland State University’s (CSU) offer to repurpose its Wolstein Center site is doing so without coordinating with a non-profit group that has been seeking to develop a soccer stadium at the Gateway South area.

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Glenville’s ‘Circle North’ to expand north

Plans for GlenHAVEN in Cleveland’s Glenville neighborhood, are being refined through
the city’s design-review process. This proposed residential care facility would serve
seniors and others with chronic illnesses, disabilities or other health conditions
(Robert P. Madison International). CLICK IMAGES TO ENLARGE THEM.

Just north of University Circle, the faded intersection of East 105th Street and Superior Avenue has seen development push toward it in recent years. But the tide of revitalization has yet to reach it and help restore its lost vibrancy and density of decades past.

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Abeona Therapeutics to expand in Midtown

Abeona Therapeutics is undertaking a significant expansion at Midtown Tech Park in
Cleveland following government approval of a new therapy to treat a rare genetic
skin disorder. The company is also developing treatments for a variety of eye
diseases (Google). CLICK IMAGES TO ENLARGE THEM.

Following government approval of a new therapy to treat a rare genetic skin disorder, Abeona Therapeutics Inc. revealed through public records that it plans another expansion of its footprint next to its Midtown Cleveland headquarters.

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CSU may repurpose Wolstein Center as soccer stadium

Cleveland State University accepted a proposal from the United Soccer
League to repurpose the 34-year-old arena as an outdoor soccer stadium
(CSU). CLICK IMAGES TO ENLARGE THEM.

The Cleveland State University (CSU) Board of Trustees voted today to approve the recommendation to begin negotiations with the United Soccer League (USL) and USL Cleveland on their proposal for the potential redevelopment of the current Wolstein Center site.

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County offers loans to build near transit

A Blue Line train reaches the end of the line at Warrensville Center Road and Van Aken
Boulevard in the Cleveland suburb of Shaker Heights. The end of the line is now anchor-
ed by a growing Transit-Oriented Development  called the Van Aken District offering
housing, jobs and services within a comfortable walk of the transit hub — something
that Cuyahoga County officials want to encourage more of (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

When hearing a government official prattle on about his vision for his jurisdiction, a wag once said “Don’t tell me what you support; show me your budget.” Similarly, for several years, Cuyahoga County officials have talked and planned about Transit Oriented Development (TOD). But now they’re putting their money where their mouths are.

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W. 117th GCRTA station reopens Friday

The Greater Cleveland Regional Transit Authority’s West 117th-Madison Red Line
station, where Cleveland meets Lakewood, is set to reopen early Friday morning
after being closed for major repairs for more than a year (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

After more than one year of reconstruction work and an unexpected cost increase, the Greater Cleveland Regional Transit Authority’s (GCRTA) West 117th-Madison Red Line station is due to reopen to rail passengers at the start of transit service on Friday. GCRTA announced the reopening today.

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Greater Cleveland recovers from Great Recession

Things are looking up for Greater Cleveland’s economy as multiple indicators are
showing growth for the region. Employment data is the latest to indicate good
news (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Greater Cleveland’s workforce and number of employed people have grown to the highest levels since the start of the Great Recession (2009-11), according to preliminary employment data for the region that was released this week.

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Lakefront apartment complex planned near Downtown Cleveland

Outlined and shaded in red, the site for a new apartment complex proposed to be
called the Union At Cleveland Harbor is between the East 55th Marina in the fore-
ground and the Shoreline Apartments just beyond. In the distance is Downtown
Cleveland (Google). CLICK IMAGES TO ENLARGE THEM.

Earlier this month, a letter was sent by an Indianapolis-area real estate developer to Cleveland Mayor Justin Bibb and City Council notifying them of its desire to develop a lakefront apartment project and their intention to seek Low Income Housing Tax Credits (LIHTC) for it.

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Ex-Tick Tock Tavern space takes new journey

This 85-foot-long stretch of storefront on Clifton Boulevard between West 115th and
116th streets is starting to see new activity following the closure of the Tick Tock
Tavern and the removal of its signs, furnishings, equipment and infrastructure.
Now it will be renovated into the next stop on its dining journey (NEOtrans).
CLICK IMAGES TO ENLARGE THEM.

Renovation work is underway for a successor restaurant to the long-running Tick Tock Tavern in Cleveland’s Edgewater neighborhood. And public records reveal the new restaurant concept that will be taking the historic spot onto its next journey.

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Ridge Park Square sold to Atlanta investor

A wintertime aerial view looking southwest from Ridge Road over Ridge Park Square in
the western Cleveland suburb of Brooklyn (JLL). CLICK IMAGES TO ENLARGE THEM.

JLL Capital Markets announced today that it has secured the sale of Ridge Park Square, a rare dual-grocery anchored regional shopping center located northwest of the Interstate 480-Ridge Road interchange in the western Cleveland suburb of Brooklyn.

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