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| Applications to the Ohio Department of Development’s new Transformational Mixed Use Development tax credit program were submitted last week that could put more construction cranes over Ohio’s largest cities and even some smaller municipalities. NEOtrans re- ceived a list of applicants today and is sharing that list lpublicly (CurbedLA). CLICK IMAGES TO ENLARGE THEM |
Wednesday, November 3, 2021
Nine of 42 TMUD applications are from Greater Cleveland
Tuesday, November 2, 2021
MidTown seeks partner for ambitious Euclid-East 55th rebirth
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| The intersection of Euclid Avenue and East 55th Street was one of Cleveland’s most densely developed urban nodes. That is, until post-war urban sprawl, white flight and deindus- trialization drained the city of more than half of its population. MidTown Cleveland Inc. is undertaking an effort to help reverse that trend and re-energize this once-vibrant urban node (MTC). CLICK IMAGES TO ENLARGE THEM |
MidTown Cleveland Inc. wants to restore much of the density and vibrancy at what was once among the city’s most important intersections. It is requesting a development partner to help it achieve that goal.
Saturday, October 30, 2021
Ex-Westinghouse plant sold to developer
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| One of the impossible-to-ignore landmarks on Cleveland’s West Side is the former Westinghouse plant which towers over the West Shoreway near Edgewater Park. But the vacant monolith could soon regain signs of life under a new owner with deep pockets who wants to redevelop the property (Google). CLICK IMAGES TO ENLARGE THEM |
One of the most visible properties on Cleveland’s West Side is the former Westinghouse plant, as it towers over the West Shoreway near Edgewater Park. And it’s now in the hands of an investor who intends to redevelop the historic property into a mix of uses including residential, hotel, restaurant and commercial. News of a pending sale was first reported by NEOtrans in July.
Paving for opportunity along a new corridor
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| Slicing through mostly urban prairies depopulated of residents and employment over the last 50+ years, the Opportunity Corridor promises to repopulate what has been called The Forgotten Triangle. This Oct. 2, 2021 view looks west from East 79th Street with downtown Cleveland in the distance. Aerial views are from a video posted here (Taco Slayer Aerial). CLICK IMAGES TO ENLARGE THEM |
A few days after the ribbon is cut at 2 p.m. Nov. 3 for the Ohio Department of Transportation’s (ODOT) new Opportunity Corridor Boulevard, the first traffic will enter the roadway and its parallel multi-purpose trail. That traffic will pass through 1,000 acres of what was a crowded, uneasy mix of neighborhoods and heavy industries until the 1970s. Today, it is a mostly peaceful setting that has gone back to nature.
It has been derisively dubbed The Forgotten Triangle. Its residential population and industrial workforce had all but vanished, leaving behind a mostly empty shell behind. And it got its triangular description due to the arrangement of its principal streets — Kinsman Avenue, Woodland Avenue and Woodhill Road.
Thursday, October 28, 2021
Developer acquires lakefront industrial site for housing
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| A large property close to Edgewater Park and downtown Cleveland sold yesterday to Property Advisors Group, a developer with a 45- year history of investment in Greater Cleveland. The sale could offer a new lakefront housing development and cause more real estate dominos to fall in what has been an industrial area for more than a century (Cresco). CLICK IMAGES TO ENLARGE THEM |
Some real estate developers join a parade already in progress. Others start the parade. Property Advisors Group (PAG) appears to be in the latter category with their acquisition yesterday of a large property at 8400 Lake Ave. on which it intends to build housing.
PAG is starting what some expect will be the arrival of more investors and more residential developments along and north of Lake Avenue, between Detroit Avenue and Clifton Boulevard. This is an area that hasn’t yet seen the kind of investment activity as Gordon Square to the east or the stability of the Edgewater neighborhood to the west.
Wednesday, October 27, 2021
Townhouse, apartment project announced near University Circle
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| Park Lamont proposes to add 77 housing units divided nearly equally between apartments and townhouses at East 97th Street and Lamont Avenue. The site is just west of University Circle and north of the Upper Chester neighbor- hood (GLSD). CLICK IMAGES TO ENLARGE THEM |
More Eds-and-Meds jobs in and near University Circle means more housing in the same areas. The latest proposed housing development is Park Lamont on Lamont Avenue at East 97th Street. It offers a unique mix of townhomes and apartments in the same project, and in the same phase.
Sherwin-Williams HQ construction materials start to arrive
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| The first construction materials for Sherwin-Williams new headquarters began arriving today at the HQ site west of Public Square in downtown Cleveland. This view looks east from the HQ site toward Public Square. The truck is parked on Frankfort Avenue which will be vacated as a public right of way for the new HQ (Scott Muscatello). CLICK IMAGES TO ENLARGE THEM |
With nearly three weeks to go before Sherwin-Williams (SHW) plans to hold a groundbreaking ceremony for its new global headquarters, construction materials began arriving today at the future HQ site in downtown Cleveland.
And that groundbreaking ceremony is scheduled two weeks before the coatings giant hopes to receive final approval from the City Planning Commission for its HQ plans. The ceremony will be held at 3 p.m. Nov. 16 on the so-called “Jacobs Lot” on the west side of Public Square.
The folks who desire to cover the Earth in their paints sure do seem eager to start covering nearly 7 acres of downtown Cleveland with their new HQ.
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