Large Midtown development planned

Planned between Euclid and Chester avenues in the East 40s is a large, mostly
residential development. This project takes its cue from the newly built Foundry
Lofts between Euclid and Carnegie avenues in the East 70th that leased out pretty
quickly. This view looks northwesterly from Euclid Avenue (Vocon).
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A property transaction recorded last week by Cuyahoga County revealed an emerging development site that could host about 200 apartments in Cleveland’s Midtown neighborhood. The site, located between Euclid and Chester avenues in the East 40s, has been the subject of interest by multiple developers in recent years.

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A Browns stadium quid pro quo

An architect’s rendering of a mixed-use development surrounding a proposed,
enclosed, 67,000-seat stadium in suburban Brook Park. The $1.2 billion in
development would depend on the $2.4 billion stadium, which in turn would
depend on half of its funding being financed by public-sector sources (HKS).
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Two years before Gloria Gaynor released her 1978 smash hit “I Will Survive” about recovering from a breakup, she released another song titled “Let’s Make a Deal” — referring to a marriage. In the coming days and weeks, we’re likely to hear more about a similar plot line albeit in reverse involving the proposed new stadium in suburban Brook Park.

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Ohio City housing emerging south of tracks

A private home was demolished earlier this year on Barber Avenue in Cleveland’s
Ohio City, just east of the BVQ Lofts seen in the distance that was delivered by
the same developer five years ago. Now the developer is turning his attention
to a new construction project on the vacant land on the north side of Barber,
west of West 25th Street and south of Train Avenue (Google).
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An early indicator of an emerging real estate development is to see a request for unused public rights of way to be vacated. Another is a mass of properties being acquired by the same company in the same area. Yet another is to see decaying structures in that area be demolished. All three of those conditions are occurring on Barber Avenue at West 30th Street, at the south end of Cleveland’s Ohio City neighborhood.

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Cleveland maritime sector is big business

A lake carrier ship makes it way up the Cuyahoga River from Lake Erie, past
Downtown Cleveland. A new report by the Ohio Department of Transporation
shows how important the maritime industry is to Greater Cleveland's
economy (Port of Cleveland). CLICK IMAGES TO ENLARGE THEM.

The Port of Cleveland and the maritime-dependent industrial sector are showing resiliency and growth as an economic force in Northeast Ohio, according to a new study commissioned by the Ohio Department of Transportation (ODOT). The latest analysis reveals the port and maritime sector generates more than 23,000 jobs and over $7 billion in economic impact, a notable increase of $2.3 billion since 2021.

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Bridgeworks gets green light from Landmarks

Design refinements were made to the south side of Bridgeworks, a proposed
Ohio City apartment building, with this version win approval today from the
Cleveland Landmarks Commission. The project site is at the northeast corner
of West 25th Street and the Detroit-Superior Bridge, just west of Downtown
Cleveland (GLSD). CLICK IMAGES TO ENLARGE THEM.

Typically, the third time’s a charm, but Bridgeworks needed more times than that to earn the approval of the Cleveland Landmarks Commission. Ultimately, the proposal passed unanimously today. The go-ahead allows developers to move forward with constructing all of the $84 million project, located at 2429 W. Superior St. in Cleveland’s Ohio City neighborhood.

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Haslam email preempts City, County at stadium debate

The question of whether the Cleveland Browns should play home games in suburban
Brook Park, at left, or in Downtown Cleveland, at right, has been put to Greater
Cleveland’s business power brokers (HKS, left; Vocon, right).
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Yesterday morning, Cleveland Mayor Justin Bibb, Cuyahoga County Executive Chris Ronayne, Cuyahoga County Council President Pernel Jones Jr., Cleveland City Council President Blaine Griffin arrived at the monthly board meeting of the Greater Cleveland Partnership (GCP). There, they asked the 70-member board of the region’s corporate CEOs and presidents to side with them on where the Cleveland Browns should play their home games after 2028.

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NE Ohio projects get historic wins from tax credits

At 363 feet tall, Rhodes Tower at Cleveland State University is the fourth-tallest
educational-purposed building in the United States. The 53-year-old building
won $5 million in Ohio Historic Preservation Tax Credits as part of a $92
million project redevelop most of the tower with student housing (CSU).
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There were 14 Cuyahoga County historic renovation projects that won a total of $16,267,141 in Ohio Historic Preservation Tax Credits today. Most of those projects would repurpose their 50-plus-year-old buildings for new uses so they can contribute to their communities for at least another 50 years. Some of the buildings are pretty well known.

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