It’s a tough time for Downtown Cleveland parking garages built in the 1950s and 1960s. Three of them in particular, each with just over 300 parking spaces or 966 total, are having a rough go of it. One already was demolished. Two others were closed due to their worsening condition. Many other downtown garages are of a similar age and may face financial and structural uncertainty in a weak office market.
Sunday, March 24, 2024
Friday, March 22, 2024
One Hulett may be saved — in Canton
Where once there was four Hulett Ore Unloaders, soon there will be none. But at least one of the massive, dinosaur-like machines that revolutionized the steel industry and Great Lakes shipping through high-volume efficiency, now has a chance to survive extinction.
It’s official: Board of Elections to ex-Plain Dealer building
Confirming news first reported here at NEOtrans two weeks ago, Cuyahoga County Executive Chris Ronayne informed county staff that he will introduce plans to Cuyahoga County Council on Tuesday to lease the former Plain Dealer building downtown for the new Board of Elections (BOE) offices. In a memo circulated today to certain county employees, he also outlined plans for additional real estate moves by the county.
Cuyahoga Land Bank gets $10M from Cleveland
Cleveland City Council has awarded $9.9 million of remaining American Rescue Plan Act (ARPA) funds to the Cuyahoga Land Bank to build and renovate homes in three wards that include four historically disinvested neighborhoods including Central, Clark-Fulton, Collinwood and Glenville. The targeted wards are five, 10 and 14.
Thursday, March 21, 2024
Metroparks buying more Cuyahoga Riverfront land
Adding 4.5 acres of land along the Cuyahoga River is a relatively small contribution to the 1,000 acres the Cleveland Metroparks has acquired in just the past three years. But this latest addition may be one of its most visible and strategic. The site the Metroparks is acquiring is located in Cleveland on Whiskey Island, between the river and the park system’s new Wendy Park Bridge.
Wednesday, March 20, 2024
Irishtown Bend Park design features unveiled
Tomorrow, the board of the Cleveland Metroparks is expected to authorize requesting a $10.8 million grant from the state to pay a significant portion of the construction costs of the planned Irishtown Bend Park in Cleveland’s Ohio City neighborhood. The proposed improvements and their projected costs are based on designs that were released today.
Tuesday, March 19, 2024
Cleveland suburban office market ‘bloodbath’
The numbers are downright ugly. High office vacancy rates and even higher availability rates exceeding 20 percent owing to a big jump in office spaces available for sub-lease. Numerous Class A office buildings are for sale with few if any interested buyers. For those in a buying mood, their lowball interest may be only for the land to hold for a possible conversion to new uses or for the hopes that better days may return to the office market — someday.