Two Connecticut development firms have returned to their state’s Western Reserve with the goal of redeveloping the landmark Greyhound bus station in downtown Cleveland. While their plans are still early on, a basic concept for the plan appears to be taking form and the developers are reaching out to City Hall and Playhouse Square Foundation officials to get their input on that vision that could include a repurposed station and an apartment tower.
Friday, September 29, 2023
Thursday, September 28, 2023
Guardians start Progressive Field renovations
With the Cleveland Guardians season ending, at least when it comes to home games, a $202 million renovation of Progressive Field is getting fully underway today (Manica). CLICK IMAGES TO ENLARGE THEM. |
After yesterday’s emotional send-off to Cleveland Guardians’ Manager Terry Francona at his last home game at Progressive Field, the Major League Baseball team is wasting no time building for the future. Today, the club work put renovations to the baseball stadium into fastball mode by removing merchandise, furniture, equipment and even the grass on the baseball field, according to an e-mail sent earlier this week to the city and other stakeholders.
Cleveland Clinic unveils next phase of Innovation District
In the midst of a global pandemic, state, local and Cleveland Clinic officials in 2021 announced the Cleveland Innovation District to expand health care research. Today, as part of that initiative, Cleveland Clinic unveiled the first phase of its expanded research facilities and announced plans to launch major construction of two new research buildings. The state-of-the-art facilities will be dedicated to scientific investigation and will significantly increase laboratory research space on Cleveland Clinic’s main campus.
Wednesday, September 27, 2023
What’s next in Superior Arts District?
The south side of Superior Avenue in the Superior Arts District has been getting all the love in recent years. And why not? The sunny side of the main drag on the east side of downtown Cleveland is the new home of Cross Country Mortgage which relocated more than 600 employees from suburban Brecksville. You can also find residential conversions at 2320 and 2104-2110 Superior. And, of course, the new Cleveland Police Division headquarters will put several hundred employees in the ArtCraft Building overlooking Interstate 90. But the north side of the street is about to grab its share of attention, too.
Tuesday, September 26, 2023
Cleveland, Bedrock OK roles in $3.5B project
Yesterday, at its regular weekly meeting, Cleveland City Council voted to approve an updated and expanded Master Development Agreement (MDA) between Bedrock Real Estate and the city of Cleveland that serves as a guiding framework for Bedrock’s planned $3.5 billion riverfront development project. As one might expect, with such a large, multi-phase development, the project and its legal and fiscal frameworks are very complex. But the new frameworks helps spell out what is expected of each party.
Sources: If Cliffs + US Steel happens, so does a new HQ
Something is happening inside 200 Public Square that isn’t happening at many other downtown Cleveland office towers — a major tenant is gobbling up more office space. The tenant, Cleveland-Cliffs Inc., is adding hundreds of office workers to the building, a number that could reach 2,000 employees in the next few years if it is able to acquire Pittsburgh-based rival US Steel. If that happens, two sources who are close to Cliffs’ executives say Cliffs will reconsider 200 Public Square as its headquarters of what would become the nation’s largest steelmaker.
Sunday, September 24, 2023
Guardians to expand real estate holdings
The Cleveland Guardians Major League Baseball (MLB) team is exercising an option on acquiring the second of two properties that were offered to it when the team extended its lease on Jan. 1, 2022 to play at Progressive Field for at least another 15 years, a city source said. The property it will acquire this time is the huge Gateway East Garage, 650 Huron Rd. East in downtown Cleveland for $25 million and could set the stage for a full or partial demolition of the 29-year-old garage for a “ballpark village” redevelopment.