Haslams to fund $100M lakefront stadium demo, redevelopment

Today’s settlement appears to seal the fate of the 1999-built Huntington Bank Field
on Downtown Cleveland’s lakefront and opens up the entire 50-acre lakefront
development to be announced by early next year. It is due to be demolished follow-
ing the Cleveland Browns’ 2029 move to a new, enclosed Huntington Bank Field
in suburban Brook Park (CBRE). CLICK IMAGES TO ENLARGE THEM.

A new, enclosed Huntington Bank Field will be built in Brook Park. And the current home of the Cleveland Browns in Downtown Cleveland will be demolished for lakefront redevelopment for which the owners of the Browns will help finance to the tune of $100 million.

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Cleveland among top job markets in 2025 Q3

While the rest of the nation wallows in sour economic news, the job situation in Greater
Cleveland looks relatively rosy based on the latest report from one of the world’s largest
career search listing Web sites (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Each new national job report and economic indicator this year shows the nation’s economy is slowing down. But it doesn’t seem that way yet here in Greater Cleveland, where new apartment buildings are going up, there’s more traffic on the roads and more new restaurants and stores opening. So why the difference?

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Gateway parking lots are closed – forever?

Parking lots between Huron Road and Prospect Avenue, east of East 4th Street in Down-
town Cleveland’s Gateway District were closed off starting this week. If any parking
reopens here, it will likely be in new parking garages to support the development of
Bedrock Real Estate’s so-called Rock Block site. This view looks north from the front
steps of Rocket Arena (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Another parking crater in Downtown Cleveland has succumbed to a new development that promises to attract hundreds of thousands of visitors per year. The latest to disappear is a windswept, 3-acre parking lot in the Gateway District, across Huron Road from Rocket Arena, home to Cleveland Cavaliers basketball and Cleveland Monster hockey games.

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Two Cleveland housing developments to benefit from new funding program

The Walton Apartments on Clark Avenue in Cleveland’s Clark-Fulton neighborhood is
one of two local beneficiaries of the new Cleveland Housing Investment Fund created
by a national nonprofit organization (RDL). CLICK IMAGES TO ENLARGE THEM.

The local affiliate of a national nonprofit organization today announced the first of two financing commitments for the new Cleveland Housing Investment Fund (CHIF). Both commitments are long-planned affordable housing developments that will help address the city’s affordable housing crisis.

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Chester 82 joins Park Synagogue in Port funding

The latest development in Cleveland’s Hough neighborhood looks like it will be Chester
82, seen here at the northwest corner of its namesake streets of Chester Avenue and East
82nd Street (Sullivan Bruck). CLICK IMAGES TO ENLARGE THEM.

The Port of Cleveland Board of Directors today approved $50 million in bond financing to support two significant development projects — the redevelopment of the historic Park Synagogue in Cleveland Heights and a new apartment community along Chester Avenue in Cleveland’s Hough neighborhood.

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Park Synagogue redevelopment OK’d

A major redevelopment of the former Park Synagogue site was approved this week by
Cleveland Heights City Council after a shakeup at the top of City Hall’s leadership.
With the approval, the first phases of redevelopment of the 75-year-old synagogue
can begin (SCA-Ardon Bar-Hama). CLICK IMAGES TO ENLARGE THEM.

The City of Cleveland Heights has reached an agreement with a local, experienced real estate developer to help finance the redevelopment of the former Park Synagogue and its green space as an arts campus and residential village.

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West-side CDCs make changes at the top

Next week, David Robinson will leave the top job at West Park Kamms Neighbor-
hood Development for the same job at Old Brooklyn Community Development
Corp. (OBCDC). CLICK IMAGES TO ENLARGE THEM.

Making a move from leading one nonprofit community development corporation for another can sometimes make inferences about the place they’re leaving. But in David Robinson’s lateral move, due to start next week, it says more about the place he’s moving to — a place called home.

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