Big commerce park planned for Slavic Village

A large warehousing, distribution and logistics development called
Commerce Park 77 is planned for Cleveland’s Slavic Village neigh-
borhood. It could add hundreds of jobs and hundreds of thousands
of square feet of new warehousing space on the east side Interstate
77 that’s accessible to labor including from the Broadway Avenue
transit corridor. This image is an example of the type of large-
scale warehouse structures planned for the site (ULI).
CLICK IMAGES TO ENLARGE THEM

Due in part to the explosive growth in e-commerce, developers can’t build warehousing, distribution and logistics centers in Northeast Ohio fast enough to meet demand. The challenge for shippers, investors and community development officials is to find sites big enough and close enough to existing transportation routes and customer markets, as well as to an existing workforce.

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Nine of 42 TMUD applications are from Greater Cleveland

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

Responding to a public records request from NEOtrans, the Ohio Department of Development supplied to NEOtrans a complete list of all applications to the new Transformational Mixed Use Development (TMUD) tax credit program. Project applications had to be submitted to the state at the end of the business day Oct. 29. There are a lot of numbers to break down in the applications.

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MidTown seeks partner for ambitious Euclid-East 55th rebirth

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.

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Ex-Westinghouse plant sold to developer

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.

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Paving for opportunity along a new corridor

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.

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Developer acquires lakefront industrial site for housing

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.

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Townhouse, apartment project announced near University Circle

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.

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