Purchase of Downtown Cleveland’s third-tallest skyscraper last week was officially confirmed today by the skyscraper’s new owner. A partnership of Namdar Realty Group and Mason Asset Management, both of Long Island, NY, also said they have a formed a five-year capital plan to improve 200 Public Square and hired a new building manager to carry out that plan. Enhancing the retail offerings in the tower’s atrium for office tenants and nearby residential buildings is part of its goal.
Monday, April 8, 2024
Sunday, April 7, 2024
County courthouse to have new address?
A Cuyahoga County committee has reportedly rejected all but one of the proposals that could have kept a Consolidated Courthouse at the current site of Downtown Cleveland’s existing Justice Center. NEOtrans has learned that, of the four surviving proposals, one involves a complicated, time-consuming double-move of courthouse functions from the current site and back again. If rejected, it would end a five-decade run of the Justice Center site as a law enforcement, adjudication and penal facility and set the stage for its redevelopment.
Friday, April 5, 2024
Playhouse Square arrives at Greyhound Station
Playhouse Square Foundation this week closed a deal to acquire the Greyhound station in Downtown Cleveland to expand the theater district northward and convert the station into an entertainment/dining venue, according to a source familiar with the transaction. While Playhouse Square officials were mum on their plans, a spokesperson told NEOtrans that Greyhound bus operations will be relocated on a schedule that works for them and their customers.
Cleveland planners OK 150-foot-tall billboard in Flats
Cleveland City Planning Commission today approved placing a 150-foot-tall pole-mounted billboard at a Flats East Bank property owned by an affiliate of controversial local businessman Tony George. It is the second of three billboards that George has received city permission to build in order to fulfill a court-approved settlement prior to demolishing an oft-vandalized building for the Irishtown Bend Park in Ohio City.
Thursday, April 4, 2024
Ohio City retail defies recent trends
This spring, the flowers aren’t the only things blooming in Cleveland’s Ohio City neighborhood. So are the new stores and plans for more, including restaurants and cafes. While many new and renovated buildings have opened elsewhere in the city, their ground-floor retail spaces tend to fill with a pre-programmed routine of bank branches, coffee shops, the occasional bar/restaurant, art gallery, or stay empty for a long time.
Wednesday, April 3, 2024
Lorain Road corridor wins transit planning grant
In a continuing effort to create more affordable housing and transportation choices for Americans, the Biden-Harris Administration and the U.S. Department of Transportation’s Federal Transit Administration (FTA) yesterday announced $17.6 million in grants going to 20 communities in 16 states to support equitable Transit-Oriented Development (TOD). Greater Cleveland was among those communities.
Monday, April 1, 2024
Lake Erie island stadium concept floated
Borrowing on the 1970s plan for a Lake Erie jetport, NEOtrans has learned that a $10 billion stadium concept considered for professional football in Cleveland could involve an off-shore site as well as its island gaining potential sovereign status and inclusion in a longstanding free trade program with the USA and potentially Canada.