What’s one way a company can express its confidence? By scheduling a groundbreaking ceremony for its new headquarters complex two weeks before final designs for said complex are due to be voted on by the city.
Wednesday, October 13, 2021
Monday, October 11, 2021
The power play property next to new Sherwin-Williams’ new HQ site is in play
It’s not much to look at right now, but a five-story commercial building at the southwest corner of St. Clair Avenue and West 3rd Street in downtown Cleveland appears to be the subject of a power play. That play ultimately involves Sherwin-Williams (SHW) and the neighboring site where its proposed global headquarters is due to rise starting this winter.
Thursday, October 7, 2021
Investors putting big money into Glenville
Denver and Cleveland investors acquired 20 Glenville apartment buildings with the intent of renovating them with affordable housing. The investors, Cardinal Housing Group and Salus Development, are committing $16.6 million to property acquisitions and rehabilitations, according to city of Cleveland and Cuyahoga County records.
Wednesday, October 6, 2021
Judge rules in favor of city, Little Italy development
Stark confirms nuCLEus project is ‘on hold’
A Stark Enterprises executive has confirmed the firm’s dramatic and ambitious nuCLEus development planned for downtown Cleveland is on hold.
The project was originally proposed in 2014 as a multi-structure, 2-million-square-foot, mixed-use development marked by a 54-story tower. Since, nuCLEus was shrunk twice to a single 24-story office tower atop a pedestal of parking and retail as Stark searched for a public subsidy to overcome Cleveland’s high construction costs and low rents.
Tuesday, October 5, 2021
CSU looks to double its on-campus housing
Monday, October 4, 2021
Ohio City Carriage Works mixed-use plan announced
New details have emerged about a significant adaptive re-use of the vacant Voss Industries plant, 2168 W. 25th St., in Cleveland’s Ohio City neighborhood that is proposed to see construction start in early 2022. As outlined in a real estate brokerage’s marketing piece, MRN Ltd.’s Carriage Works would deliver by the end of 2023 some very diverse uses that may overshadow the project’s 80-apartment residential component.