Latest TMUD wish list is NEO-light

As the only application for a downtown Cleveland project, the Playhouse
Square Foundation requested $1.95 million to help offset the cost of
renovating three buildings it owns, pictured here. The properties start
at 1317 Euclid Ave., just east of the storefront at the corner of Euclid
and East 13th Street with the big Playhouse Square sign that could
be strengthened to support a vertical addition of up to eight more
stories (Google). CLICK IMAGES TO ENLARGE THEM

One of Northeast Ohio’s favorite past-times is to complain that too much of their state tax dollars are going to the rest of the state and not enough to Northeast Ohio. But if you don’t ask for anything, you don’t get it. That’s the case when it comes to the latest round of Transformational Mixed Use Development (TMUD) tax credits. Northeast Ohio TMUD applications represent only 10.8 percent of the total dollar amount requested statewide for Ohio’s fiscal year 2024 round and only one downtown Cleveland project was submitted. Ironically, the TMUD program was the brainchild of a Cleveland developer to encourage more downtown Cleveland projects.

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Ohio City’s next big apartment project

One of two buildings proposed as part of the 2828 Clinton development,
previously dubbed The Vibe in deference to the site’s historical use by
industrial equipment manufacturer Cleveland Vibrator Co. This pro-
posed apartment building, to be called Hanover House, is across
Church Avenue from from the 11-story and 6-story Church &
State complex in Ohio City’s Hingetown section (Vocon).
CLICK IMAGES TO ENLARGE THEM

One of Ohio City’s largest development sites is located in this Cleveland neighborhood’s booming Hingetown section. So it was only a matter of time before a large development was proposed for that site at 2828 Clinton Ave., measuring nearly 2 acres. That time is coming next week when the Franklin-Clinton Block Club which includes Hingetown will get a presentation of preliminary plans for the development and offer input on it to the city’s design-review and landmark commissions.

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Downtown Lakewood project going through phases

This plaza at the north end of the proposed downtown Lakewood
development and a filling in of “the pit” retention basin will probably
have to wait a while until lending and equity markets improve enough
for developers to pursue the larger, more expensive portions of the project.
Instead, two 34-unit apartment buildings at the south end of the development
may be pursued first (Dimit). CLICK IMAGES TO ENLARGE THEM.

Over the 60-90 days, the city and its development team will explore the feasibility of breaking up into more achievable pieces or phases the ambitious, $100-million-plus-dollar vision to redevelop the former Lakewood Hospital site in Downtown Lakewood. But city officials and the development team they chose said the basic, long-term vision for the site will remain largely unchanged from what city review boards have approved thus far.

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Cleveland suburb wants to be the next ‘Forest City’

Wondergrove Drive in suburban Euclid is an urban forester’s dream. While few
streets in Euclid offer such a wooded setting as the Brookwood Club area near
Lake Erie, more of the suburb’s residential streets and commercial districts
could use an increase of trees to provide cooling shade in summer and a
windbreak in winter (Google). CLICK IMAGES TO ENLARGE THEM.

While Cleveland was once called the Forest City due to the tree-studded neighborhoods it boasted in the 19th century, one of its suburbs might be in a position to claim that title in the coming years thanks to a generous grant from the federal government. The benefits of more trees are simple — they help provide cooling shade in summer, a windbreak in winter, and more attractive business districts and residential areas that can increase property values.

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Cavs, Clinic confirm downtown move

This basic rendering, called a massing to demonstrate the scale of new
buildings rather than the design of them, shows the location of the
conceptual Cleveland Clinic Global Peak Performance Center. It also
shows at upper left a restored Eagle Avenue ramp to Ontario Street
as well as a relocated Canal Road at lower left (Populous).
CLICK IMAGES TO ENLARGE THEM

In a formal announcement made today, the Cleveland Cavaliers, the Cleveland Clinic and Bedrock Real Estate officially unveiled a partnership for and conceptual plans of the Cleveland Clinic Global Peak Performance Center – a first-of-its-kind sports performance center and training facility. Proposed plans include the development of an interdisciplinary training center which would be located on the Cuyahoga River’s waterfront in downtown Cleveland. The center would be the only Cleveland Clinic-backed professional facility to be open to the public.

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West Park area developments emerge

This is an early conceptual view of the proposed Warren Road Apartments
in Cleveland’s West Park neighborhood that will be refined based on city
input. The front of the townhomes will feature more brick, the siding be
changed to off-white and new locations for trees and landscaping will
be provided (Young). CLICK IMAGES TO ENLARGE THEM.

While big developments in and near Downtown and University Circle continue to be announced, a lot is going on in other Cleveland neighborhoods, too. Among those seeing activity are the West Park and Bellaire-Puritas neighborhoods, with new market-rate housing, jobs and educational projects planned. All three investments are critical to keeping Cleveland’s westernmost neighborhoods fresh and vibrant, said their City Councilman Charles Slife, of Ward 17.

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Big-name downtown tenants are on the move

Bedrock Real Estate’s red-outlined first phase of its downtown Cleveland
riverfront development has a roughly 20-story office building in the middle
of it that reportedly would feature Rocket Mortgage as its anchor tenant.
 The mortgage firm currently has 1,400 jobs in the Higbee Building
(Adjaye Associates). CLICK IMAGES TO ENLARGE THEM.

Several major downtown Cleveland tenants are in the market for new homes and where they land could shake up the office market in the central business district. The moves come at a time when many companies are shrinking their office footprints and downtown office building owners are fighting to keep what tenants they have. Interestingly, several major tenants that are on the move are looking for larger space than what they have now.

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