Wednesday, June 29, 2022

Glenville regaining Superior density

Called the Gold Coast Lofts, this four-story, 71-unit apartment building with
ground-floor commercial space at the near corner is proposed to rise at the
southeast corner of the intersection of Superior Avenue and East 105th
Street in Cleveland’s Glenville neighborhood. A former bank branch,
now called the Jonell Building, is outlined at far left (RDL).
CLICK IMAGES TO ENLARGE THEM

Community development corporation Famicos Foundation proposes to build two buildings comprised mostly of apartments at two locations along Superior Avenue in Cleveland’s Glenville neighborhood. The two projects would develop underutilized properties along a once-vibrant street now lined with vacant land and abandoned buildings, to provide quality workforce and senior housing and help draw University Circle’s energy a little farther north.

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Monday, June 27, 2022

Source: Browns want inland stadium with roof

The Cleveland Browns are working to determine whether a structural
redesign of the 67,895-seat FirstEnergy Stadium may be in order to
bring the city-owned facility up to the standards of peer National
Football League venues. If a study now underway proves that to be
not feasible, as some Browns executives reportedly expect, then
the Browns will consider options for a new stadium (Google).
CLICK IMAGES TO ENLARGE THEM

A third source has now communicated with NEOtrans that the Cleveland Browns favor a new, retractable roof stadium built off the lakefront but in or near downtown. And this source is a high-ranking official within the National Football League team itself. Despite this, a team spokesman angrily denied the report and called the source “not credible.”

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Saturday, June 25, 2022

Cleveland looks steady in new office market data

Under construction on Scranton Road in Cleveland, The Apex office
building is an anomaly. This is one of a precious few new office
buildings under construction that will be available for general lease.
This 312,000-square-foot building is being built to serve medical
offices that are in extremely short supply in Greater Cleveland which
is one of the tightest markets for available offices in the nation (KJP).
CLICK IMAGES TO ENLARGE THEM

Contrary to the narrative that office markets nationally and especially in Greater Cleveland are dead, two new reports show they are very much alive. And while they’re not fully recovered from the pandemic and remote working, some office markets including Cleveland’s have shown surprising resilience.

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Wednesday, June 22, 2022

Cleveland, Lakewood rehabs corner historic credits

St. Michael School on Scranton Road, south of Clark Avenue in Cleve-
land, is a Gothic beauty, albeit faded. It was among the local winners of
state historic tax credits to help facilitate their renovation and revival into
 new, productive uses (Google). CLICK IMAGES TO ENLARGE THEM

Several Greater Cleveland redevelopment projects in the works for years got a big boost today when they were among the 38 projects awarded nearly $40 million in historic tax credits by the Ohio Department of Development. The awards were part of the Ohio Historic Preservation Tax Credit Program that is administered in partnership with the Ohio History Connection’s State Historic Preservation Office.

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Tuesday, June 21, 2022

Seven-story building considered in University Circle

This may not be the last seven-story building constructed in University
Circle’s Uptown district. Another is planned behind the completed three-
story first phase, to the left of the US Route “322” road sign. This was
the scene in October 2013 at Euclid Avenue and Mayfield Road (KJP).
CLICK IMAGES TO ENLARGE THEM. 

MRN Ltd., owner of the Uptown development it built on both sides of Euclid Avenue in Cleveland’s University Circle, is weighing its first expansion of the mixed-use complex in eight years. That potential expansion, a seven-story apartment building, comes less than one month after the Cleveland-based developer put its existing Uptown property up for sale.

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Sunday, June 19, 2022

Heating Up: 3 big downtown reno projects to start

These three large former office buildings in downtown Cleveland are due
to start their renovations and conversions this summer into mixed-use
structures that will add a total of 1,671 housing units and nearly $700
million in new investment into the central business district. The build-
ings are, from left, The Centennial, The Rockefeller Building and 45
Erieview (Millennia & KJP). CLICK IMAGES TO ENLARGE THEM

This summer, renovations to a trio of large, former office buildings in downtown Cleveland are due to get underway that will convert their combined 2+ million square feet into mixed uses that will add 1,671 housing units, Class A office and co-working spaces, plus unique restaurant, retail and residential amenities. Total investment is projected to be $687 million for all three projects — The Centennial, 45 Erieview and The Rockefeller Building.

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Friday, June 17, 2022

Browns leaning toward new stadium

In Minneapolis, the $975 million US Bank Stadium is well-integrated with
its downtown surroundings, making it easier for downtown visitors and re-
sidents to access the multi-purpose facility. It is next to hotels and other
hospitality venues and accessible by light-rail. As a domed facility, it is
used year-round for more than just Minnesota Vikings football
games (HKS). CLICK IMAGES TO ENLARGE THEM.

According to two sources close to the Cleveland Browns and its owner the Haslam Sports Group, the National Football League (NFL) team is leaning toward building a new stadium versus renovating the existing FirstEnergy Stadium. And the sources say the team already has at least two sites picked out as options for a new stadium that will likely cost in excess of $1 billion.

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