The Haslam Sports Group plans more than a billion dollars worth of new development surrounding their proposed new domed stadium. But is that necessarily going to be in the Cleveland suburb of Brook Park? With an emerging effort by city officials to close and redevelop Burke Lakefront Airport, look for that site to be offered up as a location for the stadium and supportive development. Rumors are circulating that both could happen.
Friday, June 28, 2024
Thursday, June 27, 2024
Severance Center remake in the works
Severance Town Center is considered by Cleveland Heights Mayor Kahlil Seren as his community’s greatest development opportunity and challenge. That challenge has been taken on by MPACT Collective of Long Island, NY by signing a master developer agreement with Namdar Realty Group which owns much of the underutilized property.
Ohio Capital Budget’s Cuyahoga County projects
Ohio Gov. Mike DeWine said he is eager to sign the largest capital budget in the state’s history. This $4.2 billion goody bag of Senators’ and Representatives’ gifts to their constituents was passed yesterday, resulting from a strong economy and robust tax revenues that fed a record budget surplus. In that goody bag are things ranging in size from $2,250 for the Solon Innovation Center to $20 million for Downtown Cleveland’s North Coast Connector land bridge.
Wednesday, June 26, 2024
Cleveland, NE Ohio projects win historic tax credits
From Downtown Cleveland to the suburbs to outlying cities in Northeast Ohio, nearly a dozen planned redevelopments of aging buildings were blessed with historic tax credits from the state. They were among 35 awards totaling more than $68 million to preserve dozens of historic buildings in 12 communities across Ohio.
Tuesday, June 25, 2024
Cleveland Metroparks wins $19.5M for East Side trails
Cleveland Metroparks announced it has been awarded a $19.5 million federal grant, the largest ever to be received by organization to construct 4 miles of all-purpose trails on the city’s southeast side into Downtown Cleveland. Construction work on the trail segments is planned to begin in 2026.
Downtown’s Rose Building to be hotel, apartments
In a strategic collaboration that allows Cleveland’s urban gems to shine in a new light, Spark GHC and Cleveland Construction today announce a groundbreaking joint venture. Project Scarlet represents a significant commitment of $100+ million to transform a 400,000-square-foot office space, formerly Medical Mutual’s headquarters, into a dynamic mixed-use development.
Monday, June 24, 2024
Cleveland-Akron-Canton train route a puzzle
Last week, a bipartisan group of Ohio Congresspersons wrote to Ohio Department of Transportation (ODOT) Director Jack Marchbanks asking his department to include an Akron-Canton-area station stop in its upcoming passenger rail development plans. Those plans for Northeast Ohio include potential new Amtrak services from Cleveland to Toledo and Detroit, as well as from Cleveland to Columbus, Dayton and Cincinnati (3C&D).