Wednesday, February 28, 2024

Downtown office tower bucks residential trend

Soon to lose the name “Oswald Centre,” 1100 Superior Ave. in Downtown
Cleveland is going to remain as an office building despite a weak, post-pan-
demic office market. Its new owner is working to retain and attract new
office tenants, rather than convert the 54-year-old tower for residential
or mixed-uses as has been done to other aging office buildings
downtown (Google). CLICK IMAGES TO ENLARGE THEM.

Since actions speak louder than words, the rumors of the 22-story office tower 1100 Superior Ave. turning residential are getting shouted down. The louder message is coming from the building’s owner who is re-signing existing office tenants and attracting new ones, despite recent tenant losses and other hardships. The actions are likely the result of a short-term strategy resulting in another sale, however.

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Tuesday, February 27, 2024

Fairfax, Glenville, Hough developments unveiled

A design concept submitted to the city this week for the Allen Estates at
League Park in Cleveland’s Hough neighborhood. Allen Estates represents
the first phase in the proposed Anchor 66 development masterplan for the
northwest flank of League Park. And it’s just one of four projects surround-
ing University Circle on City Planning Commission’s docket this
week (RDL). CLICK IMAGES TO ENLARGE THEM.

The economic development boom in Cleveland’s University Circle continues to be felt in the neighborhoods surrounding this epicenter of the local eds-and-meds jobs sector. Four new apartment development plans were revealed this week as they go on the design review docket at the City Planning Commission. Combined, all four projects could add more than 150 workforce housing units with many more in later phases.

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Monday, February 26, 2024

Tremont Treehouse Apartments plans announced

Wrapping around behind The Treehouse Pub and its outdoor patio, the proposed
Tremont Treehouse Apartments would be across Professor Street from
St. John Cantius Church which is shown here as a largely featureless
massing (GLSD). CLICK IMAGES TO ENLARGE THEM.

A joint venture proposing a four-story apartment building in Cleveland’s Tremont neighborhood called the Treehouse Apartments, first reported by NEOtrans last month, will go before the City Planning Commission’s Design Review Committee to present their plans this Friday. While the project would add dozens of new housing units to the neighborhood to respond to as-yet unsatiated demand, it would also result in the demolition of three 19th-century houses.

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Sunday, February 25, 2024

GCRTA’s new East 79th rail station is an Opportunity

A brightly lit passenger waiting environment at the rebuilt East 79th
Blue/Green Line Rapid station in Cleveland will also create greater
safety and a stronger street presence for the rail station. City and
transit officials said they want this station near the Opportunity
Corridor to help attract more development to the adjacent neigh-
borhood (Bowen). CLICK IMAGES TO ENLARGE THEM.

Planning and design work has advanced far enough on the Greater Cleveland Regional Transit Authority’s (GCRTA) new East 79th Street Blue/Green Line light-rail station to where renderings are being shared publicly. NEOtrans secured a copy of the designs and is publishing them here. But the plans are part of something larger — a growing investment in Cleveland’s Kinsman neighborhood.

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Friday, February 23, 2024

Downtown’s largest housing project in the works

Outlined in green, the 1930s-era Olde Cedar housing projects and the former
Cuyahoga County Juvenile Justice Center are the combined footprint for what
could be Downtown Cleveland’s largest-ever housing development (Google).
CLICK IMAGES TO ENLARGE THEM.

With nearly 900 mixed-income apartments envisioned, a plan to develop the largest single housing development in Downtown Cleveland’s history is reportedly in the works. While it will take multiple phases and many years to build, the partners and the plans for the massive project are coming together.

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Thursday, February 22, 2024

Seeds & Sprouts 34 - McKinsey moving, Dunham Tavern greening, Encompass opening, Nia’s Cafe Kinsmaning

McKinsey & Co.'s move to near the top of Key Tower in Downtown Cleveland is
the office market in a microcosm. Not only is the consulting firm shrinking
its office footprint, it's making a flight to quality (KJP).
CLICK IMAGES TO ENLARGE THEM.

In this 34th installment of Seeds & Sprouts, we cover McKinsey & Co's planned move to near the top of Key Tower, Dunham Tavern & Gardens adding green infrastructure, Brooklyn Polish American Home to host Encompass Health's first foray into Northern Ohio, and Nia's Cafe & Store plans open on Kinsman Avenue in Mount Pleasant.

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Wednesday, February 21, 2024

CLE Consulting Firm leaving Downtown for MidTown

Located on the northwest corner of Euclid Avenue and East 71st Street in
Cleveland’s MidTown neighborhood, the vacant Euclid Gallery Building
is reportedly going to be the new headquarters of the CLE Consulting
Firm after the property’s sale closes. A station on the Greater Cleveland
Regional Transit Authority’s HealthLine bus rapid transit is out
front (LoopNet). CLICK IMAGES TO ENLARGE THEM.

CLE Consulting Firm, a growing provider of business accounting and tax services, has reached a purchase agreement to acquire the Euclid Gallery Building, 7029 Euclid Ave. in Cleveland’s MidTown neighborhood, public records show. The faded masonry building will reportedly be renovated as the new headquarters for the company which also has offices in Akron, Cincinnati, Columbus, Toledo and Atlanta.

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