Local megaprojects win, miss TMUD awards

Dollar-wise, the largest application for a Transformational Mixed
Use Development tax credit was the Centennial at Euclid Avenue
and East 9th Street in downtown Cleveland. It sought and won
the maximum credit — $40 million (Millennia).

Today, the five-member Ohio Tax Credit Authority board awarded $100 million in tax credits to Transformational Mixed Use Developments (TMUD) to 13 applicant projects throughout Ohio. Of the 42 projects statewide and nine from Greater Cleveland that were submitted for credits, four received a total of $53 million in funding.

READ MORE

Flats apartment project wins BZA nod

Run-down and neglected for years, the former Left Bank Apartments on
the West Bank of the Flats will be renovated into the Apollo Apartments
by a Cleveland-based developer after it received a parking variance
from the city (CPC). CLICK IMAGES TO ENLARGE THEM

A proposed renovation of two historic, decayed buildings in the Flats cleared another hurdle yesterday when Cleveland’s Board of Zoning Appeals (BZA) unanimously approved a variance from having to strictly adhere to parking requirements in the city’s building code.

READ MORE

Key Tower adds new tenant on anniversary

Key Tower, the tallest building in the USA between Chicago and
the East Coast, just gained a major new tenant on the fifth anniversary
of Millennia Group’s ownership of the 947-foot-tall skyscraper in
 downtown Cleveland (KJP). CLICK IMAGES TO ENLARGE THEM

The Millennia Companies is pleased to celebrate the five-year anniversary of Key Center ownership by planning tenant activities, adding amenities and announcing a new major tenant. Signed was Benesch, Friedlander, Coplan and Aronoff LLP, one of Cleveland’s largest law firms, that will occupy 164,000 square feet in Key Tower, said Millennia in a written statement released today.

READ MORE

Cleveland APL sells Tremont land to Knez

This preliminary plan for a lot split of the Cleveland Animal Protective
League property in Cleveland’s Tremont neighborhood shows approxi-
mately how the land is being split. With north to the right, Knez Homes
has acquired the southern half of the split property for a potentially
significant housing development (SH&A).
CLICK IMAGES TO ENLARGE THEM

The Cleveland Animal Protective League (APL) this week closed on a significant property transaction that sold several acres of previously undeveloped land in Cleveland’s fast-growing Tremont neighborhood. Buying the land was Knez Homes, one of Northeast Ohio’s largest housing developers.

READ MORE

REVEALED: planned upper-Edgewater Park housing

This view looking generally west above Lake Avenue shows a con-
ceptual proposal for developing vacant industrial land that over-
looks Edgewater Park. The plan received mostly positive feedback
from neighborhood residents and businesspeople at a meeting
yesterday (Sixmo). CLICK IMAGES TO ENLARGE THEM

Conceptual plans for a potentially transformative development were revealed yesterday for an aging industrial district overlooking upper Edgewater Park. The plans were presented to stakeholders living and working in Cleveland’s Cudell neighborhood. Their reaction? Mostly positive.

READ MORE

NASA Glenn’s buildings land in 21st century

Although many Greater Clevelanders have not set foot in the
NASA Glenn Research Facility since before its visitors center
was moved in 2010 to the Great Lakes Science Center
downtown, this is a view many locals recognize. It features
the Flight Research Building, also known as the NASA Glenn
Hangar, that dates from World War II as did many nearby
buildings. But those are now being replaced with modern
office and laboratory buildings (NASA).
CLICK IMAGES TO ENLARGE THEM

Until 2014, the newest office building constructed at the National Aeronautics and Space Administration (NASA) Glenn Research Center pre-dated Ohioan Neil Armstrong making his giant leap for mankind on the surface of the Moon. Into the early 2010s, buildings at the 325-acre campus looked like they belonged to a school district that hadn’t passed a levy in a long time.

READ MORE

Abbey Avenue project to start ASAP

One day before winning final approval from City Planning
Commission, construction permits were requested from the
city for this group of six rental townhouses at the corner of
West 20th Street and Smith Court in Duck Island. Construction
on the adjacent apartment building will follow (GLSD).
CLICK IMAGES TO ENLARGE THEM

How eager is M Panzica Development LLC to start building its substantial mixed-use project on Abbey Avenue in the Duck Island section of Tremont? It submitted applications for its first building permits one day before it went before the City Planning Commission for final design review.

READ MORE