While helping Bedrock Real Estate acquire land for its downtown riverfront development, the city of Cleveland may have also “significantly harmed” nascent efforts to extend Cuyahoga Valley Scenic Railroad (CVSR) passenger trains north to downtown. That harm was the apparent result of the city releasing itself from a lien on current and former railroad rights of way along the Cuyahoga River from below Tower City Center south to near Interstate 490.
Friday, June 30, 2023
Slavic Village industry to get trucked
The Empire Plow Co. has been in existence for 183 years. Its factory in Cleveland’s Slavic Village neighborhood has stood for 136 years. But since it’s been vacant for four years, it’s likely to be demolished by the end of this year. And, according to the property owner, the site is proposed to be bought by a local trucking firm that needs more space for its growing business.
Thursday, June 29, 2023
NE Ohio wins $26M in historic tax credits
An ambitious plan to redevelop the mostly vacated Park Synagogue, 3300 Mayfield Rd., and its 28 acres of land in Cleveland Heights was the big winner in today’s awarding of $50.56 million in Ohio Historic Preservation Tax Credits to 38 projects statewide. But Northeast Ohio overall did pretty in this latest round of historic tax credit awards, winning more than $26 million for 11 projects.
Rebuild Cleveland to assemble new homes
A new company comprised of local real estate veterans intends to break ground next week on its first new home to address a shortage of quality, affordable workforce housing and to continue neighborhood stabilization efforts. But construction of that home, a modular, manufactured structure, is due to be completed in less than one month. The company that will build this infill housing on vacant lots is called Rebuild Cleveland LLC and the neighborhood where they will start assembling them is the southern part of Cleveland’s Detroit Shoreway.
Wednesday, June 28, 2023
Hough developments keep on coming
Multiple construction projects are underway at the east end of Hough, closest to University Circle, and more are about to begin. While work is rapidly progressing on the apartments and townhomes for Park Lamont, two more projects are about to begin and a third is waiting in the wings for more financing to be awarded to it. All are in response to the growing number of University Circle-area jobs and students. Even affordable senior housing is being added in response to this growth, with the goal to make sure seniors don’t get squeezed out of a neighborhood experiencing rising rents.
Friday, June 23, 2023
Eagle Avenue lift bridge to be demolished
According to public records, the city of Cleveland is seeking to demolish the Eagle Avenue lift bridge over the Cuyahoga River as early as next year. There are no plans to replace the city-owned bridge which links a rapidly developing Scranton Peninsula in the Flats with downtown’s Gateway District and its venues for the Cleveland Guardians and Cleveland Cavaliers.
Thursday, June 22, 2023
City Club tower tenants announced
Detroit-based City Club Apartments, a 104-year-old private real estate owner, developer and operator, held a Topping-Off event today on the 18th floor of its 23-story City Club Apartments-Cleveland mixed-use apartment and penthouse community. Mayor Justin Bibb and City Club Apartments Chairman and CEO Jonathan Holtzman were among the speakers at the event that celebrated the construction milestone, opening of the residential pre-leasing center nearby at 313 Euclid Ave. and the announcement of four café/restaurant/bar venues at the new 250-foot-tall tower.