BOOMING! More big East Side warehouses coming

Four large development sites on Cleveland’s near-east side, ranging
in size from 11 to 40 acres, are already on the market and/or being
developed for one user or many end-users to capitalize on the locally
and nationally booming warehousing and light-industrial market. All
of the sites are close to major highways and transit lines to ensure
access to shipping routes and the region's workforce (MyPlace/KJP).
 CLICK IMAGES TO ENLARGE THEM

More than 1,000 jobs and hundreds of millions of dollars worth of investment are some of the potential spin-off benefits from multiple large warehousing projects blooming on Cleveland’s East Side — along the Opportunity Corridor and in Slavic Village.

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Sherwin-Williams HQ groundbreaking delayed

An empty Jacobs Lot on Public Square in downtown Cleveland
greeted pedestrians, motorists and homeless people this morning
Instead, there was supposed to be a large tent set up on this lot for
a ground-breaking ceremony to celebrate the official start of con-
struction of Sherwin-Williams’ new global headquarters (KJP).
CLICK IMAGES TO ENLARGE THEM

Today was to be the day that VIPs and media would record for posterity the official start of construction on Sherwin-Williams’ (SHW) new $300-plus million global headquarters. However, that celebration is going to have to wait for another day.

“Due to scheduling conflicts, the HQ groundbreaking event will not take place today,” said Julie Young, SHW’s vice president of global corporate communications, in an e-mail to NEOtrans. “A new event date has not been finalized.”

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Cleveland Clinic to demolish ex-Cleveland Play House

Featuring three theaters around a central rotunda, the 1984 renovation
of the Cleveland Play House and inclusion of the former Sears depart-
ment store resulted in the largest regional theater complex in the Uni-
ted States totaling nearly 300,000 square feet. But since CPH moved
to the Allen Theater downtown in 2011, Cleveland Clinic Foundation
has struggled to find a new use for the facility which is to be razed
(Google). CLICK IMAGES TO ENLARGE THEM

Redesigned by a world-famous architect in his hometown. Site of the first stage performances by the Clevelander who made The Wicked Witch of the West famous. Shaker Heights native Paul Newman and many other notable actors also got their starts at the place once called the 86th Street Theater.

According to two sources, the Cleveland Clinic Foundation will seek to demolish all structures that were once part of the Cleveland Play House (CPH), 8500 Euclid Ave. That includes the adjacent former Sears department store along Carnegie Avenue. Demolition could occur this winter.

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Fairfax Market development wins financing

For now just vacant land, the southwest corner of East 105th Street
(at left) and Cedar Avenue (at right) will likely be a very different
place soon. With construction due to start early next year on the
Fairfax Market and many other developments nearby, this part of
the Fairfax neighborhood may be a vibrant, urban neighborhood in
just two years (Bialosky). CLICK IMAGES TO ENLARGE THEM

Financing was awarded to the first phase of a mixed-use development on the southeast corner of East 105th Street and Cedar Avenue that aims to capitalize on the many infrastructure, health care and residential developments nearby.

Using the working titles of Cedar Avenue Mixed Use and/or the Fairfax Market, Fairmount Properties’ won $37 million in bond financing from the Cleveland-Cuyahoga County Port Authority for the $59 million, 190,000-square-foot building and attached three-level, 209-space parking garage.

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Two Tremont markets fade in a rite of passage

If left unattended for one growing season, the vines would surely
swallow up the Fairfied Food Market in Tremont. The dive is a
reminder of Tremont’s working-class era as well as the years be-
fore gentrification began to take hold at the start of the 21st cen-
tury. But gentrification swallowed up the market before the
vines could (KJP). CLICK IMAGES TO ENLARGE THEM

Tremont doesn’t have a grocery store but it does have tiny neighborhood markets. And two gritty members of that shrinking fraternity are about to fade into history.

The demise of the Fairfield Food Market and the Abbey Market & Grocery are a rite of passage as Tremont continues its transition from a rough and tough neighborhood of Eastern European, African-American and Appalachian people who worked in the nearby mills and other Cleveland industries. Replacing them in the last few decades are a wide and gentrifying mix of young professionals, service workers and others who live in new or renovated townhomes and apartments.

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Downtown townhomes sell to out-of-state investor

For nearly $6 million, the 16-unit, for-rent Milton Townhomes sold
to an investor from Tulsa, Okla. who is acquiring properties of
similar value in markets throughout the United States (KJP).
CLICK IMAGES TO ENLARGE THEM

 

Yesterday, a 16-unit townhouse complex on the east side of downtown Cleveland and built five years ago was sold to an out-of-state investor. The buyer, Milton Townhomes LLC, acquired the for-rent townhomes and their 0.4-acres of property for just under $6 million from Jobu Needs A Refill LLC — referring to a line from the 1989 sports comedy movie Major League about the Cleveland Indians.

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Large apartment building planned in Lakewood

In addition to the redevelopment of the Phantasy Theater on Detroit
Avenue in Lakewood into Studio West 117, its developers would
like to construct a large apartment building on the site of the closed
National Tire & Battery service center seen at left in this August
2019 view. A few months after this photo was taken, the NTB
shop closed and was put up for sale. (Google).
CLICK IMAGES TO ENLARGE THEM

Site is across the street from Phantasy Theater

One of the surprise applicants to a new ‘megaprojects’ tax credit program was the Studio West 117 development, a project now under way at the east end of Lakewood. Until the tax credit applications were submitted Oct. 29 to the Ohio Department of Development, public information about the project showed it was limited to renovations of historic buildings.

Now, a significant new-construction apartment building for seniors is being added to the $75 million planned revitalization those historic structures into a hub of entrepreneurship, arts, culture, health and human services for Cleveland’s LGBTQ+ community.

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