Cosm, Belle Oaks get Port financing

Set on the northeast corner of Huron Road and East 4th Street in Downtown Cleveland, Cosm’s
multiple-daily shared reality offerings are expected to attract three quarters of a million visitors
per year (Rossetti). CLICK IMAGES TO ENLARGE THEM.

The Port of Cleveland’s Board of Directors today approved major development finance initiatives that will support transformative projects across Northeast Ohio, reinforcing the region’s continued momentum in housing, entertainment, infrastructure, and public service investment.

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Library to join another mixed-use project

The proposed commercial tenant to occupy the ground floor, behind the red facade of Asia-
Town’s newest development will be the Cleveland Public Library. It will open a satellite
location in the neighborhood (MA Design). CLICK IMAGES TO ENLARGE THEM.

Cleveland Public Library (CPL) will open a new satellite location in the city’s AsiaTown neighborhood in a couple of years, at the Mingyue Place apartment complex, according to community officials. If that apartment complex’s name doesn’t ring a bell, it’s because it doesn’t exist yet.

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$1.6B data center planned in Cleveland

Shaded in red, the 35-acre Morabito site between Interstate 77 at left and East 55th Street at
right in Cleveland’s Slavic Village is proposed to host a hyperscale data center (Google).
CLICK IMAGES TO ENLARGE THEM.

Set between Cleveland’s Slavic Village and the industrial valley in the coming years could be the city’s largest-ever data center. While at this early stage, it has generated many questions, its backers say the large site and nearby presence of industrial-scale electrical power and water resources should answer many of those questions.

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More than tortillas are rising on W. 65th

Looking north along West 65th Street in Cleveland’s Stockyards neighborhood, Tortilleria La
Bamba y mercado is proposed to built if a permit situation can be resolved. Across the street
to the left, another retail development is planned that would add an Ollie’s Bargain Outlet
store (Onyx Creative). CLICK IMAGES TO ENLARGE THEM.

Along the southern portion of West 65th Street in Cleveland’s Stockyards neighborhood, a new round of private investment is set to reactivate the area with jobs and shopping activity — just as city officials had hoped years ago.

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New women’s pro soccer team named

Site of the planned new Gateway South soccer stadium, a proposed new Greater Cleveland
Regional Transit Authority light-rail station and other nearby venues. Also shown is the crest
and logo of the new men’s soccer team (CSG). CLICK IMAGES TO ENLARGE THEM.

Cleveland Soccer Group (CSG) today unveiled Cleveland Astra, the brand identity for our new professional women’s soccer club. Merchandise is available online today and season ticket deposits are open. Cleveland Astra will kick off in spring 2028, compete in Women’s Premier Soccer League (WPSL) Pro and play in a Downtown Cleveland soccer stadium.

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City green-lining investment in East Side

Lots of construction, from infrastructure to the redevelopment of abandoned industries, are
evident in this view looking east on Carnegie Avenue from East 55th Street. But more is
needed on Cleveland’s near-East Side to return abandoned properties back to pro-
ductive use (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

An expanded tax base is a result of economic development. On that score, Cleveland’s near-East Side doesn’t produce much in the way of tax revenue while its old infrastructure, city services and social programs are in need of lots of resources. So the city is going to do something to equalize that imbalance.

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New housing for Central neighborhood

Rendering of the proposed Olde Cedar mixed-income multifamily homes in Cleve-
land’s Central neighborhood (CMHA). CLICK IMAGES TO ENLARGE THEM.

The Cleveland Metropolitan Housing Authority (CMHA) sought to kick off the first phase of redeveloping Olde Cedar in the Central neighborhood with a visit to the Cleveland City Planning Commission on Friday.

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