Cleveland Clinic to raze ex-TRW HQ

Cleveland Clinic’s Lyndhurst Campus, the former TRW headquarters and
its surrounding 98-acre site, was on the market for nearly four years. During
that time. Clinic officials said they received no acceptable offers. But that
was disputed by Lyndhurst Mayor Patrick Ward (LoopNet).
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Two significant structures on a large piece of land in Cleveland’s eastern suburbs, whose prominence is owed to the industrial giants of Gilded Age Cleveland, face very different fates. One, the 106-year-old, 45-room Frances Bolton Mansion, will be preserved. The other, the 1985-built, former TRW headquarters with its four office wings radiating from a glassy central atrium, is proposed to be demolished by the end of the year.

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Chicago builder expands to Cleveland

Leopardo Companies’ first project in Cleveland certainly won’t be its
last. In September 2022, representatives of Leopardo Companies’ joined
with those of Wolfe Real Estate, Bluelofts, Inc., Sandvick Architects, and
Comprehensive Zoning Services to start redeveloping the former Ohio
Bell headquarters at 45 E. 9th St. in downtown Cleveland into The Bell
a $102 million mixed-use project featuring 367 apartments (Leopardo).
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Chicago-based Leopardo Companies is already making a name for itself in Cleveland by serving as the construction manager of two major development projects in downtown. But while some construction companies might be content with overseeing a couple of big building projects in a secondary market like Cleveland before moving on to the next opportunity somewhere else in the country, Leopardo has different ideas.

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More downtown firms making moves

The 19th-century Grand Arcade in downtown Cleveland’s Warehouse
District is often thought of as a residential property. But it also has
office condos. The wife of the founder of Herman Legal Group bought
one and is renting it out to the immigration law firm which will move
into it next month (REmax). CLICK IMAGES TO ENLARGE THEM

Three legal and financial service firms in downtown Cleveland are on the move to new addresses in the central business district, with two firms seeking smaller spaces as part of an ongoing trend by many office-based employers to downsize their work spaces after the pandemic. The third firm moved to accommodate significant new growth in Cleveland. And each firm is staying downtown, investing in their new office locations, with none of the three seeking a reduction in employment. Indeed, even as some office spaces shrink, the number of employees at those tenants’ aren’t shrinking. Instead, they are taking advantage of remote working and web-based contact with clients.

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Ohio City high-rise may get loan, start date

Developers of Bridgeworks, a 15-story mixed-use building planned at the
west end of the Detroit-Superior Bridge, are near to closing the project’s
financing gap. That would allow demolition and construction of the $104
million development to begin as early as this spring (Mass/LDA).
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On March 14, Cuyahoga County Council is expected to vote on a proposed $2 million loan that could finally close a persistent funding gap on the planned $103.7 million Bridgeworks development. The investment would allow site demolition and construction to start as early as this spring, putting a 15-story building at the west end of the Detroit-Superior Bridge in the booming Hingetown section of Cleveland’s Ohio City neighborhood.

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The Elliot: New life for historic Tremont church

The Elliot and its Rosehip Room speakeasy are an updated place. The event center
opened in Fall 2022 in the former Holy Ghost Church, 1415 Kenilworth Ave., in
Cleveland’s Tremont neighborhood. Its speakeasy began offering live perfor-
mances but the rest of the church is available for rent for celebrations and
private events (Peerspace). CLICK IMAGES TO ENLARGE THEM

The Elliot, Tremont’s newest events venue which opened in Fall 2022 in Tremont’s former Holy Ghost Church, has launched its Rosehip Room speakeasy with a spring lineup of performing acts. They will perform in the Rosehip Room, a speakeasy designed to accommodate live music, trivia nights and private events at 1415 Kenilworth Ave. in Cleveland. The Rosehip Room’s launch was celebrated with a party Feb. 24.

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Sources: Browns want new stadium; Mayor wants community input

 FirstEnergy Stadium in downtown Cleveland appears to be near-
ing the end of the line. The Cleveland Browns’ lease with the city
expires in 2028 and the Browns’ owners, the Haslam Sports Group,
have determined that it is not feasible to renovate the 24-year-old
stadium to meet their needs in the future (Google).
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According to several sources, the Cleveland Browns and its majority owner, the Haslam Sports Group, want to move faster than City Hall on what happens before the team’s lease at FirstEnergy Stadium expires at the end of 2028. That reportedly includes a new football/multi-purpose stadium and supportive development in downtown Cleveland.

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201 more apartments for Lorain Ave.

My Place Group LLC is seeking two mixed-use developments on Lorain
Avenue between West 44th-West 52nd streets in Cleveland’s Ohio City
neighborhood. Shown here is 45 West, an apartment building with a
small retail on Lorain Avenue, at left, off West 44th street, at right.
At the corner of Lorain and West 44th is a Sunoco gas station and
convenience store that is not part of the project (MA Design).
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With the paint still drying on its latest development along Lorain Avenue in Cleveland’s Ohio City neighborhood, real estate developer My Place Group is already planning its next investments which would extend that thoroughfare’s rebirth westward. Conceptual plans are being circulated among community stakeholders to get their input on two new developments that would add a total of 201 apartments plus additional ground-level retail spaces to the section of Lorain between West 44th and West 52nd streets.

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