All five above-ground buildings in downtown’s Justice Center complex, plus a below-ground parking garage, are being offered for sale by Cuyahoga County as a result of other efforts that could partially or completely vacate the entire 2-million-square-foot facility. The sale includes a three-year leaseback with four additional one-year renewal options so the county and city of Cleveland will have time to carry out those vacating efforts. No sale price was listed for the property but if you have to ask, you probably can’t afford it anyway.
Friday, August 18, 2023
Thursday, August 17, 2023
City Club Apartments tops out
Cleveland Construction, Inc., the contractor behind the City Club Apartments project in downtown Cleveland, celebrated a significant construction milestone as the project reached its full height. The “Topping Out” event was held today and highlighted by a team lunch provided by Fahrenheit’s food truck and a ceremonial steel beam signing by all the craft professionals building the project.
McNair tapped as new development director
For the past 14 years, Tom McNair rode the Rapid from Shaker Square to Ohio City where he led its community development corporation in different roles. At the end of September, his train will have a new destination — Cleveland City Hall. Mayor Justin Bibb announced yesterday that McNair will be the city’s new director of economic development.
Tuesday, August 15, 2023
Would Cliffs + USS = a new tower?
Three years ago, when Cleveland-Cliffs made some big moves, NEOtrans asked the question. Three years later, we’re asking it again. If Cliffs is able to acquire rival United States Steel (USS), as recently proposed, what impact might this have on the combined company’s headquarters situation?
Friday, August 11, 2023
Cleveland Thermal target of acquisition
As Dan Gilbert’s real estate firm gets ready to roll out the details of phase one of its riverfront development, a neighboring fixture on the banks of the Cuyahoga River since 1894 may not be around much longer. The long-closed Cleveland Thermal steam heating plant, 2274 Canal Rd., along with possibly other properties of Cleveland Thermal Generation LLC are in the process of being acquired, according to a real estate source.
Thursday, August 10, 2023
Old Brooklyn Lofts gets early OK
A Parma real estate investor and his development team won conceptual approval yesterday from a local design review panel to convert the vacant, century-old Independent Order of Odd Fellows Temple at 3409 Broadview Rd. in the heart of Cleveland’s Old Brooklyn neighborhood into loft-style apartments. The team will then refine their plans into more detail schematic designs for review by the Planning Commission’s citywide design-review committee prior to construction.
Tuesday, August 8, 2023
Ohio City buildings to be razed for Bridgeworks
Two historic buildings are proposed to be torn down for a 16-story, mixed-use development in Cleveland’s Ohio City neighborhood, despite information that financing, including the use of air rights, for the high-rise is still being finalized. A demolition permit application was filed Aug. 4 by LDA Architects of Cleveland for Bridgeworks LLC with the city’s Building Department following recent approvals of the demolitions by the city’s Landmarks Commission and a design review committee. But the approvals by those two panels in the City Planning Commission were made with the presumption that the overall Bridgeworks development would be carried out.