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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New GCRTA rail station at Browns stadium may kick off in 2028

A south-looking aerial view of the proposed Cleveland Browns Stadium Station for rapid transit
trains. The under-construction Huntington Bank Field is at upper-left and the Berea Freeway is
at right. Across the freeway is Hopkins International Airport (Bowen).
CLICK IMAGES TO ENLARGE THEM.

It’s not everyday that new light-rail stations are built from scratch in Greater Cleveland. But when a $3.6 billion mixed-use entertainment district appears along Ohio’s most-used passenger rail line, a new station is hard to pass up.

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Cleveland Clinic land swap with Bikur Cholim aids Emergency Dept. expansion

At left is the conceptual design for Bikur Cholim’s Cleveland Comfort House fronting East 90th
Street as viewed from Cedar Avenue. Cleveland Clinic’s Emergency Department is at right. Its
expansion and need for more parking led the Clinic and Bikur Cholim to trade land. Now, the
Cleveland Comfort House is planned to rise on Chester Avenue at East 93rd Street
(studioTECHNE). CLICK IMAGES TO ENLARGE THEM.

In the next few weeks, demolition work to take down five structures could get underway to avail land for the Cleveland Clinic’s expanding Emergency Department, 9105 Cedar Ave., at its Main Campus in Cleveland’s Fairfax neighborhood.

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Greyhound Station to look like 1948 again

The unique lines of Downtown Cleveland’s historic Greyhound station are about to get
a freshening up to prepare the facility for its next role as a venue in Playhouse Square
(Google). CLICK IMAGES TO ENLARGE THEM.

Work is due to start in a couple of weeks on preparing the vacated, historic Downtown Cleveland Greyhound station, 1465 Chester Ave., for its next role. That role is to become a leading actor in the future of the Playhouse Square district’s experiential economy.

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MetroHealth to update Emergency Dept.

The Emergency Department at MetroHealth’s Medical Center dates from 2004 and needs to be
renovated, not only to update its appearance but also to provide larger spaces for new diag-
nostics and interventional equipment (MetroHealth). CLICK IMAGES TO ENLARGE THEM.

Possibly by the end of this year, major changes are coming to MetroHealth’s Emergency Department (ED) at its main campus in Cleveland’s Clark-Fulton neighborhood, 2500 Metrohealth Dr. A renovation project costing up to $9 million will get underway amid the goings-on of a busy Level I trauma center.

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GCRTA levy fear: derailment by apathy

Next month, the first new railcars in more than 40 years for the Greater Cleveland Regional
Transit Authority will arrive for extensive testing and training. On July 14, railcar No. 403
awaits its ride to Cleveland with other railcars at the Siemens Mobility factory in
Sacramento, CA (GCRTA). CLICK IMAGES TO ENLARGE THEM.

In a recent one-hour interview with Greater Cleveland Regional Transit Authority (GCRTA) General Manager India Birdsong Terry, she revealed to NEOtrans one of her biggest fears with the transit agency’s upcoming sales tax levy vote — its first in more than five decades.

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Centennial transformation may get financing soon, too

The only thing more complicated than the stack of uses planned for Millennia Companies’
reactivation of the 1.45-million-square-foot former Union Trust Building in the heart of
Downtown Cleveland is its proposed financing. That involves a capital stack of numerous
public and private financial sources and both have adjusted over the last few years
(Millennia). CLICK IMAGES TO ENLARGE THEM.

It appears that Millennia Companies is doing more than assembling financing to redeem a foreclosed loan on 925 Euclid Ave. and remove the Downtown Cleveland property from a court-ordered receivership. It also appears that it is also seeking to close on financing to undertake a redevelopment of the property per its city-approved plans.

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Cleveland Heights brings new life to old streets

At Superior Park Drive and Taylor Road, Taylor Tudors converts a set of historic buildings into
new apartments and retail (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

In Cleveland Heights, new residential construction is helping to accommodate job growth in nearby University Circle. Along with it, a wave of infrastructure improvements, park upgrades, and preservation efforts are underway.

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Rocket Mortgage to shrink, relocate

The 250 West Huron building, known more commonly as the Ritz Carlton Cleveland hotel, is
more than just a hotel. It also has four floors of offices which are gaining a new tenant. This
is the southwestern corner of the building at Huron Road and West 3rd Street (Google).
CLICK IMAGES TO ENLARGE THEM.

Five years ago, Rocket Mortgage looked to be growing into a major presence in Downtown Cleveland’s office market. The company was growing so fast here it seemed plausible that it might even anchor a new tower for local offices of Rock Ventures’ companies, such as the one Bedrock proposed in its riverfront development.

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Cosm tops out in Gateway District

Cosm, a new “shared-reality” sports entertainment destination, tops out on the north side of Huron
Road in the Gateway District (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

On Friday, Cosm celebrated the structural completion of a new 100-foot, 12k-resolution LED dome in Downtown Cleveland’s Gateway District. The “shared-reality” entertainment venue, developed by Bedrock, will stream sports games and events for live audiences.

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Bedrock paves way for next riverfront phases

From West 3rd Street in the Flats, the Cleveland Clinic Global Peak Performance Center looms in
front of the downtown skyline (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM.

Along Downtown Cleveland’s riverfront, construction work is ramping up — both figuratively and literally — on the next stages of Bedrock’s $3.5 billion downtown masterplan.

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Sherwin-Williams pursues HQ2

A second Sherwin-Williams headquarters tower, this time featuring multiple levels of structured
parking in its base, is being pursued next to the first, taller, glassy headquarters tower that officially
opened in May. This is an unofficial rendering of that second tower but is is based on preliminary
programming reported to NEOtrans (Methodicle). CLICK IMAGES TO ENLARGE THEM.

In the weeks preceding Sherwin-Williams’ ceremonial ribbon cutting May 11 for its new 36-story headquarters tower in Downtown Cleveland, the company’s executives took notice. They could see how employees were filling out its new HQ campus and, in suburban Brecksville, its new Morikis Global Technology Center.

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Shaker Square redesign advances

The Shaker Square Vision Plan would activate green spaces on either side of Shaker Boulevard,
adding infrastructure for pedestrians and events (Agency). CLICK IMAGES TO ENLARGE THEM.

The oldest planned shopping center in Ohio, Cleveland’s Shaker Square, is set to see a major redesign in an effort to bring new activity to businesses and public spaces. Approved today by City Planning Commission, the Shaker Square Vision Plan follows a series of upgrades and store openings helping to revitalize the square.

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CWRU, Clinic projects come close to completion

Looking north on Martin Luther King Jr. Drive, CWRU’s Interdisciplinary Science an
 Engineering Building has nearly finished its exterior façade (Harrison Whittaker).
CLICK IMAGES TO ENLARGE THEM.

Cleveland’s downtown may possess its historic core and central business district, but several massive developments are solidifying Greater University Circle’s status as one of the most important job centers in Northeast Ohio.

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