Cleveland offers up prime Ohio City property

McCafferty Health Center on Lorain Avenue in Cleveland’s Ohio City neighborhood, as seen
from the alley Fulton Court behind it (Google). CLICK IMAGES TO ENLARGE THEM.

Cleveland city officials followed through on a promise they made in early July when they announced they would be making the city-owned McCafferty Health Center property, 4242 Lorain Ave., available for redevelopment. Today, they issued a formal invitation to professional real estate development teams to respond to a Request for Qualifications (RFQ) to redevelop the site and address the need for affordable housing in the Ohio City neighborhood.

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‘Lakefront plan’ becoming ‘lakefront project’

A part of the city of Cleveland’s lakefront plan that doesn’t get the attention is just
east of downtown where the Shoreway highway would become a boulevard and
East 18th Street is extended from behind the smokestacks at left, down the bluff
on an S-curve toward the foreground to an intersection with the boulevard.
Also a middle portion of the Municipal Parking Lot near a Waterfront Line
light-rail station could be developed with workforce housing (Google).
CLICK IMAGES TO ENLARGE THEM.

One of the most important pieces of legislation regarding the future of Downtown Cleveland’s lakefront is working its way through Cleveland City Council. The proposed ordinance amendment, if passed at council’s next regular meeting Sept. 9, would codify the desired lakefront land-use features and set the city on a course to implement them. In other words, it would no longer be a lakefront plan, but a lakefront project.

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Hough groundbreaking set for Sept. 5

Redevelopment of a vacant and vandalized 51-year-old apartment building
on Hough Avenue is due to start next week, according to public records. The
project will help continue the Hough neighborhood’s turnaround (Google).
CLICK IMAGES TO ENLARGE THEM.

According to a public record located by NEOtrans, a groundbreaking ceremony is scheduled from 10 a.m. to 12 noon Sept. 5 for the redevelopment of a vacant 10-story apartment building at 9410 Hough Ave. in Cleveland’s resurgent Hough neighborhood. Kristi Halford, a spokesperson for the project’s development partners, confirmed the scheduled event in an e-mail to NEOtrans.

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UH plans Wolstein conference center on Euclid Ave.

Iris S. and the late Bert L. Wolstein provided half of the funding for proposed
University Hospital Health System education and conference center on
Euclid Avenue in Cleveland’s University Circle (levelHEADS).
CLICK IMAGES TO ENLARGE THEM.

In an e-mail sent to all employees today, University Hospital Health System CEO Cliff Megerian announced that the health care provider will seek to build a new 30,000-square-foot conference and education center in Cleveland’s University Circle. The facility will be built on an underutilized green space at 11100 Euclid Ave. in front of an existing parking garage.

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Shaker Square sees $4.5M in updates, more planned

Making improvements to Cleveland’s Shaker Square is essential to keeping it vibrant
and attractive as a commercial and transportation center for sustaining the surrounding
neighborhoods as well. The new owners of the square are working to address deferred
maintenance there and so far have made about $4.6 million worth of repairs and
improvements (Google). CLICK IMAGES TO ENLARGE THEM.

Two years ago this month, Cleveland Neighborhood Progress (CNP) and Burten, Bell, Carr, Inc. (BBC) acquired Cleveland’s historic but faded Shaker Square mixed-use district. Today, the new owners outlined what they considered to be significant work and investment in making capital improvements to the property and carrying out a retail strategy to restore vibrancy to the square.

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Bedrock starts Downtown Riverfront phase one

Site preparation is underway for the first phase of Bedrock’s Downtown Cleveland
Riverfront development. This view is looking north from the Lorain-Carnegie Hope
Memorial Bridge. At left is West 3rd Street and the former CSX railroad right of
way at right. Also visible are two bridges that will be demolished soon — the
Eagle Avenue lift bridge at left and the Stones Levee Road bridge over the
CSX tracks (KJP). CLICK IMAGES TO ENLARGE THEM.

Construction permit applications were filed this week with the city of Cleveland’s Building Department so contractors can start digging and installing foundations for the first phase of Bedrock’s Downtown Riverfront development. That first phase is the Cleveland Clinic/Cleveland Cavaliers Global Peak Performance Center, touted as one of the world’s largest training facilities.

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Last round of megaproject tax credits opens

The fourth and final round of the Transformational Mixed Use Development tax credits
is now available and could help realize large building projects in Ohio’s largest cities
or their nearest suburbs (Google). CLICK IMAGES TO ENLARGE THEM.

Developers looking to transform their Ohio communities can now apply for funding opportunities through the Ohio Department of Development’s Transformational Mixed-Use Development (TMUD) program that awards up to $100 million in tax credits per round.

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