A Canadian luxury auto dealer hopes to consolidate its local dealerships, service center, Ohio offices and hundreds of jobs at a new $60 million development at Great Northern Mall in North Olmsted. While there’s still a few steps to go through before the project is a reality, the dealer has already acquired the property in this western Cleveland suburb necessary to carry it out, according to public records and sources familiar with the project.
Friday, March 25, 2022
Amazon back in the mix in Slavic Village
Amazon is reportedly pivoting to a new site for a distribution center on the southeast side of the city yet would remain in Slavic Village, according to two sources familiar with the project. The e-commerce giant will apparently be the anchor for a new warehouse development reported exclusively by NEOtrans on a 40-acre site that could grow further if additional properties around the fringes are added to it.
Wednesday, March 23, 2022
CWRU brings back South Campus project
A plan for adding 600 dormitory beds to the housing-constrained Case Western Reserve University (CWRU) campus is back after getting quarantined for two years by the pandemic. Two new dormitory buildings would be built on CWRU’s parking Lot 5, located at the intersection of Murray Hill and Adelbert roads in the South Residential Campus.
IMG Center hits the market
An aging but mostly full office building in downtown Cleveland has hit the market at the request of its court-appointed receiver. The 57-year-old IMG Building, 1360 E. 9th St., may be approaching the end of its nearly three-year-long foreclosure case in Cuyahoga County Common Pleas Court.
Monday, March 21, 2022
Next Ohio City high-rise in the works
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.
Saturday, March 19, 2022
ODOT Inner Belt plan gets city pushback
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.
Wednesday, March 16, 2022
Studio West 117 campus plan grows
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.