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| Screenshot of Scranton Peninsula video from NEOtrans' YouTube channel. |
Scranton Peninsula is one of those places in Cleveland’s urban core that gets no love and seems to always be late to the party because of it. While it’s finally starting to see some significant redevelopment, the 80-acre Scranton Peninsula is historically one of the last areas of the Flats to get attention from investors and developers.
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| On the ground floor of the Skylight Office Tower, at the northwest corner of West Huron Road and West 2nd Street in downtown’s Tower City complex, a new, large and thematic establishment called The Astro Restaurant could open | as early as this September (Google). CLICK IMAGES TO ENLARGE THEM. |
After sitting empty for seven years, the space at Tower City Center that housed Hard Rock Cafe in downtown Cleveland finally will have a new restaurant with a new theme, possibly as early as this September. But it took an invitation from Bedrock Cleveland to consider the site at 230 W. Huron Rd. before the new restaurant’s partners decided to splashdown there.
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| Although only a conceptual rendering, sources say the first phase of lakefront development may be two high-rises like these on East 9th Street between the lakefront railroad tracks and the Shoreway relocated as a boulevard. This view looks north on East 9th. Other potential high-rises are at left next to the proposed North Coast Connector (AoDK). CLICK IMAGES TO ENLARGE THEM. |
Last week, NEOtrans wrote about three high-rises in a single development — the first phase of Bedrock’s riverfront site — that could see construction start by this time next year. But that is by no means the only downtown high-rise development in the works. NEOtrans is aware of a dozen potential high-rise projects of 10 stories or more in various stages of development, not including those already under construction downtown. This inventory includes only potential new-construction high-rises that could see a groundbreaking in the next couple of years, not major renovation projects like The Centennial, redevelopment of the Rose Building and others.
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| More than 4 million people live within a one-hour drive of downtown Cleveland. That population supports big-city amenities that are available at small-town prices. And to the north of downtown is one of the Great Lakes, an ecosystems that contains 84 percent of North America’s freshwater. If you want it, you have to come here to get it. And growing numbers of people are doing just that (ClevelandWater.com). CLICK IMAGES TO ENLARGE THEM. |
Another leading indicator of potential population growth in Greater Cleveland was published this week by Bank of America (BofA), one of the nation’s Big Four banking institutions, serving more than 10 percent of all bank deposits of the United States. In a BofA June report, it put Greater Cleveland among the top metro areas benefitting from pandemic-instigated domestic migration trends, with its positive inflow-over-outflow rate ranking up there with the likes of Austin, Tampa, Orlando and Dallas.
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| Jim Miketo’s latest development along Lorain Avenue in Cleveland’s Ohio City neighborhood is a mixed-use, retail-residential project called 4732 Lorain comprised of new construction, at center-right, and an historic renovation, at left. The site is across the street from MetroHealth’s family health center and the Urban Community School (Horton Harper). CLICK IMAGES TO ENLARGE THEM. |
A 28,000-square-foot mixed-use development called 4732 Lorain is proposed at the west end of Cleveland’s Ohio City neighborhood offer to expand the densification and neighborhood vibrancy west along Lorain Avenue. And, it would expand real estate developer and owner Jim Miketo’s investments west along that rapidly redeveloping thoroughfare.
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| In 2015, Perk Park in downtown Cleveland was filled with people enjoying a break from work during lunch. Now, tens of thousands of former downtown office employees are working from home, straining restaurants and shops, some of which have closed. A strategy to boost downtown from being dependent on office workers was adopted (KJP). CLICK IMAGES TO ENLARGE THEM. |
The City of Cleveland and Downtown Cleveland Alliance (DCA), in partnership with Cuyahoga County, Destination Cleveland and Greater Cleveland Partnership (GCP), today unveiled Reimagining Downtown Cleveland. Over the next one to five years, this series of short- and intermediate-term strategies will accelerate the evolution of Downtown Cleveland from a 9-to-5 central business district into a diverse, vibrant, and accessible mixed-use, 18-hour, 15-minute neighborhood.
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| A preliminary rendering of Case Western Reserve University’s proposed $300 million Interdisciplinary Science and Engineering Building as seen from the commons of Case Quad (HGA). CLICK IMAGES TO ENLARGE THEM. |
Case Western Reserve University (CWRU) President Eric Kaler yesterday announced the details of the university’s new, 200,000-square-foot research center intended to promote collaborative discovery and innovation. Called the Interdisciplinary Science and Engineering Building (ISEB), the $300 million investment represents the university’s largest-ever project on the Case Quad, northeast of Euclid Avenue and Martin Luther King Jr. Boulevard.
