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| In University Circle, the $140 million Stokes East Tower will rise 24 stories next to the Wade Park Lagoon and add to the residential inventory of one of the fastest-growing employment districts in Ohio (SCB). CLICK IMAGES TO ENLARGE THEM. |
Three major Cleveland development projects totaling nearly $300 million in value won financing today from the Port of Cleveland. Together, the trio of projects will add 536 housing units, 121 hotel rooms and more than 23,000 square feet of commercial space.
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| Greater Cleveland has gained some major employers in its transition from an economy that was dependent on manufacturing. But that doesn’t mean it has given up on manufacturing. It does mean that it needs more tools to attract employers of all kinds and in existing communities that the region’s labor pool can access (Google). CLICK IMAGES TO ENLARGE THEM. |
Once upon a time, Cleveland was the nation’s center of industrial innovation and small, new-start businesses that resulted from it. Perhaps you’ve heard of a few of them — Standard Oil, General Electric Lighting, Sherwin-Williams, TRW, Cleveland-Cliffs, Lincoln Electric, Parker Hannifin to name a few.
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| Master Chrome had only months of visible business activity left when this screenshot was captured in active in June 2019. It was allegedly adding to pollutants to the site that took a team of people at the state, county and city governments to demolish, clean up and con- tinue to monitor (Google). CLICK IMAGES TO ENLARGE THEM. |
Master Chrome was just a small industry on a small lot. Its structure didn’t even measure 10,000 square feet. The land on which it set was barely more than half an acre.
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| A Greater Cleveland Regional Transit Authority bus rolls by St. Ignatius High School bearing mixed messages. So is the authority’s board, saying transit funding is important but lacks the immediacy to avoid service cuts (NEOtrans). CLICK IMAGES TO ENLARGE THEM. |
The future of the Greater Cleveland Regional Transit Authority (GCRTA) didn’t get much clearer at a special board meeting held today. But the transit agency’s trustees did vote unanimously to support a compromise action that could put a sales tax levy on the ballot in May 2027. The board is due to finalize its decision in September.
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| Mark Rantala was named the new executive director of the nonprofit Slavic Village Development (SVD). CLICK IMAGES TO ENLARGE THEM. |
Already with a week on the job at the new executive director of Slavic Village Development (SVD) in its namesake Cleveland neighborhood, Mark Rantala has been out and about, engaging with the community.
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| Lakewood Common, a mixed-use development on the south side of Detroit Avenue in Downtown Lakewood, will include apartments over retail (Harrison Whittaker). CLICK IMAGES TO ENLARGE THEM. |
As the two-building Westline development on Detroit Avenue starts to fill up, Lakewood won’t need to wait long for its next major mixed-use project. In fact, an even larger, $119 million development has nearly topped out less than a mile away at the former Lakewood Hospital site.
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| This parking lot at the southeast corner of West 9th Street and St. Clair Avenue in Down- town Cleveland will remain a parking lot for the foreseeable future despite it gaining a new owner (NEOtrans). CLICK IMAGES TO ENLARGE THEM. |
Last week, NEOtrans reported that one of the last large “parking craters” remaining in Downtown Cleveland’s central business district has a buyer. This week, we confirmed who the buyer is and what they plan to do with it.
