Friday, June 23, 2023

Eagle Avenue lift bridge to be demolished

The Eagle Avenue lift bridge over the Cuyahoga River in the Flats is due to
be demolished as early as next year according to public records. As of right
now, there appears to be no documented plans to replace the bridge with a
new one to link Scranton Peninsula to downtown Cleveland (Google).
CLICK IMAGES TO ENLARGE THEM.

According to public records, the city of Cleveland is seeking to demolish the Eagle Avenue lift bridge over the Cuyahoga River as early as next year. There are no plans to replace the city-owned bridge which links a rapidly developing Scranton Peninsula in the Flats with downtown’s Gateway District and its venues for the Cleveland Guardians and Cleveland Cavaliers.

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Thursday, June 22, 2023

City Club tower tenants announced

At the topping-off ceremony today for the City Club Apartments tower,
several dignitaries signed a flag to be hoisted atop the last steel beam
set on the 23-story tower. In the foreground from left are Cleveland
Mayor Justin Bibb, City Club Apartments Chairman/CEO Jonathan
Holtzman and Cleveland Bistros Principal Dean Valore (KJP).
CLICK IMAGES TO ENLARGE THEM.

Detroit-based City Club Apartments, a 104-year-old private real estate owner, developer and operator, held a Topping-Off event today on the 18th floor of its 23-story City Club Apartments-Cleveland mixed-use apartment and penthouse community. Mayor Justin Bibb and City Club Apartments Chairman and CEO Jonathan Holtzman were among the speakers at the event that celebrated the construction milestone, opening of the residential pre-leasing center nearby at 313 Euclid Ave. and the announcement of four café/restaurant/bar venues at the new 250-foot-tall tower.

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Wednesday, June 21, 2023

Seeds & Sprouts XXIX – CSU to start arena plans, Downtown garage demo, Olde Cedar’s replacement

Conceptual rendering for Cleveland State University’s new arena on Payne
Avenue, overlooking Interstate 90 at lower left. University officials are
reportedly starting the planning process by seeking a firm to design the
new 5,000- to 7,000-seat facility to host indoor sports, concerts and other
events and allow the university to demolish the 13,610-seat Wolstein
Center (CSU/Sasaki). CLICK IMAGES TO ENLARGE THEM

Cleveland State University is about to start work on plans for a new arena, a downtown parking garage will be demolished -- for a parking lot, and one of the oldest public housing projects in the USA along with the old juvenile justice center will be demolished for a mixed-income housing complex.

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Tuesday, June 20, 2023

Bibb appoints interim director

Cleveland City Hall (Google). CLICK IMAGES TO ENLARGE THEM

Less than a week after Tessa Jackson left her post as Cleveland’s economic development director, Mayor Justin Bibb has found a replacement — at least temporarily. This morning, Bibb named Terri Hamilton Brown as the city’s interim director of economic development. She was sworn in and began work today following the departure of Tessa Jackson on June 15. The city expects to open the application process for the permanent position later this week.

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Saturday, June 17, 2023

Erieview Tower project gains potent partner

The dark-shaded Tower at Erieview stands at the east end of the Galleria, as
seen here from East 9th Street in downtown Cleveland. Developer James
Kassouf gained a significant development partner that is helping to make
redevelopment of the tower and Galleria a reality (Google).
CLICK IMAGES TO ENLARGE THEM

Despite recent departures from the project, development team members assured NEOtrans that the $100 million redevelopment of the Tower at Erieview in downtown Cleveland is still going forward. A big reason why is because the development team has gained a potent new member — an influential Cleveland-based law firm tied into active developer TurnDev and its financing arm TurnCap.

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Friday, June 16, 2023

Bedrock riverfront offices draw tenants

Bedrock’s riverfront development plan for downtown Cleveland continues to
attract interest from potential tenants, including from those seeking new office
spaces at a time when the office market is far from robust (Adjaye Associates).
CLICK IMAGES TO ENLARGE THEM.

Because of their cost and complexity, Downtown Cleveland megaprojects don’t usually have a strong track record of becoming a reality. But Bedrock Real Estate’s vision for the downtown riverfront between Tower City Center and the Cuyahoga River appears to be coming together more quickly as time goes on. And, in recent weeks, NEOtrans has learned that several large tenants are in the works for the major development.

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Wednesday, June 14, 2023

Erieview Tower redo faces setbacks

Redevelopment of the Erieview Tower in downtown Cleveland appears headed
back to the drawing board after two large, proposed tenants have reportedly
backed out of the project. This follows the recent and impending depar-
tures of two major law firms from the property as well (Google).
CLICK IMAGES TO ENLARGE THEM

Despite winning $23 million in tax credits to enable a $100 million historic and transformational redevelopment of the Tower at Erieview, two major proposed tenants are reportedly backing out of the project. Conversion of the 1964-built, 40-story office tower and its Galleria mall, 1301 E. 9th St., with more mixed uses could be facing an uphill climb with the apparent withdrawal of a luxury W Hotel and co-working chain Industrious.

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