Next Ohio City high-rise in the works

Add five or six more stories onto this early rendering of phase two of
Harbor Bay Real Estate Advisors’ Market Square development, sources
said. That’s what the Chicagoland-based developer is reportedly consi-
dering for its next project in Cleveland’s Ohio City neighborhood. The
nine-story phase one called INTRO is at left (HBREA).
CLICK IMAGES TO ENLARGE THEM

Successful leasing of apartments at the INTRO mixed-use project is reportedly encouraging its developer to pursue a 15- to 16-story high-rise as its next phase of the Market Square development, across the street from the West Side Market. INTRO and its high-rise follow-on phase are part of the Market Square development led by Harbor Bay Real Estate Advisors LLC, based in the Chicago suburb of Northbrook.

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ODOT Inner Belt plan gets city pushback

This map shows major roadway improvements for what’s
called the “Cleveland Contract Group 3” portion of the
Inner Belt highway’s reconstruction in downtown Cleve-
land. This includes the Central Interchange of Interstates
90 and 77 as well as the downtown approaches for I-77,
highway ramps and intersecting streets. The top of the
map is north as well as the downtown approaches for I-77,
highway ramps and intersecting streets. The top of the map
is north (MBI). CLICK IMAGES TO ENLARGE THEM

Yesterday, Cleveland’s City Planning Commission unanimously tabled a request by the Ohio Department of Transportation (ODOT) for consent to construct improvements to the Central Interchange, where Interstate 77 ends and connects with Interstate 90 in downtown Cleveland. The reason given was to have a “deeper conversation” with City Council which ultimately must vote on the consent request about how the project can right the wrongs of the past including using highways to divide minority neighborhoods from downtown.

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Studio West 117 campus plan grows

The largest development being contemplated so far in the Studio West 117
campus is a two-tower, mixed-use property with a health care facility and
LGBTQ+ senior housing at the current site of the closed NTB car repair
shop at Detroit and Coutant avenues in Lakewood. Although this basic
massing shows 190 parking spaces, the developer plans to increase it
to 212 spaces (Larsen). CLICK IMAGES TO ENLARGE THEM

What started out with two significant real estate purchases on either side of West 117th Street in Cleveland and Lakewood by a development partnership has since expanded to seven properties. And what was originally a $75 million vision for renovating the old Phantasy Theater complex called Studio West 117 has grown even further, developing into a multi-faceted LGBTQ+ supportive neighborhood.

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Library Lofts construction starts

In the foreground, construction has started on the 11-story Library
Lofts — the second building to be built in the Circle Square deve-
lopment in Cleveland’s University Circle. This view is looking
north from 10555 Euclid Ave. In the background is the first
building in Circle Square to see construction — the 24-
story Artisan apartments, 10600 Chester Ave. (KJP).
CLICK IMAGES TO ENLARGE THEM

Two months before its official groundbreaking is scheduled to be held, construction work has started on the next new building in Cleveland that’s big enough to put another tower crane in the sky over booming University Circle.

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Bridgeworks revised, spring start sought

A revised plan for Bridgeworks at the west end of the Detroit-Superior
Bridge at West 25th Street was submitted to the city for approval. A
slightly shorter and wider building along with additional demo-
litions of the former Cuyahoga County Engineer structures
could close the project’s financing gap (Mass/LDA).
CLICK IMAGES TO ENLARGE THEM

Developers hope to start construction in spring of a high-rise in Cleveland’s Ohio City neighborhood despite missing out on a so-called megaprojects tax credit from the state earlier this month. The optimism is the result of a redesign of plans for Bridgeworks that would reduce the cost of the project by reducing the height of the building by 24 feet, virtually eliminating renovation costs while reshaping a proposed parking garage.

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Ex-Lakewood Hospital site plan due in April

A mixed-use development planned by CASTO is proposed to be built
on the former Lakewood Hospital site with an announcement due
in a few weeks. That development will reportedly be anchored by
the offices for a growing, Lakewood-based health insurance firm.
This is a northward-looking view of a previous plan by CASTO
for the hospital site in the center-left portion of the image (Dimit).
CLICK IMAGES TO ENLARGE THEM

Lakewood Mayor Meghan George’s office revealed today that an agreement for the redevelopment of the city’s ex-hospital site is being finalized and could be announced in April. There has been significant progress in negotiations with the ex-hospital site developer — so much so that a conceptual plan and development agreement between the city and a developer, CASTO, could be submitted to the public and City Council for review in less than a month.

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Cleveland Vibrator site attracts new buyer

The former Cleveland Vibrator manufacturing plant in the Hingetown
section of Cleveland’s Ohio City neighborhood is on a path to transfer
to a new ownership group with deep pockets and a desire to develop
the site, probably with multi-family housing and ground-floor retail
(Google). CLICK IMAGES TO ENLARGE THEM

Ownership of the former Cleveland Vibrator site, one of the few under-developed yet large properties in the booming Hingetown section of Cleveland’s Ohio City neighborhood, is set to transfer to a new ownership group as early as next month. The group is comprised of multiple heavy hitters in Greater Cleveland’s business community.

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