UC’s next high-rise sees construction advance quickly

The new East Stokes tower is named for its location. It’s on the east side of Stokes Boulevard
at Chester Avenue. The sign on Stokes says this short section of the street south of Chester to
Reserve Court is closed for 450 days as of Sept. 21. It’s the next tower in the Circle Square
development; the tallest is The Artisan seen at far right. In the distance is the 20-story
One University Circle (NEOtrans). CLICK IMAGES TO ENLARGE THEM.

Sometimes it’s hard to keep track of all the construction happening in and near Cleveland’s University Circle. And for those who don’t travel to or through here very often, you may be surprised to see the next big construction project is already making lots of progress as these photos from yesterday show.

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City Hall intervenes in Reserve Square sale

With two 23-story towers, the 1-million-square-foot, mixed-use Reserve Square at the east
end of Downtown Cleveland has been the subject of a federal foreclosure case since July
2025 (Google). CLICK IMAGES TO ENLARGE THEM.

Mayor Justin Bibb’s administration filed a legal action this week in federal court to intervene in a foreclosure lawsuit involving the Reserve Square property in Downtown Cleveland. City Law Director Mark Griffin said the intervention was necessary to protect downtown and to make sure that Reserve Square’s residents have safe accommodations.

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Large factory sold, to stay industrial

On a 12-acre site in Cleveland’s Euclid-Green neighborhood, hosting 265,000 square feet of
industrial structures, the former Meyer Products snowplow factory will be leased to new users.
At the same time, a long-term vision for repurposing the site with advanced manufacturing and/
or distribution facilities will be formulated (CBRE). CLICK IMAGES TO ENLARGE THEM.

A local investor partnership comprised of Reuven Dessler and Rico Pietro acquired a large factory complex in Cleveland’s Euclid-Green neighborhood for a simple reason — it was too good of a deal to pass up.

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Downtown at Valor Acres nears completion

The $678 million Valor Acres development in Brecksville has begun welcoming hundreds
of new residents to the southern edge of Cuyahoga County (Harrison Whittaker).
CLICK IMAGES TO ENLARGE THEM.

The finished touches are being added to Valor Acres, a $678 million mixed-use lifestyle development in Brecksville. In this edition of Progress Pics, we take a walkthrough of the main street activity known as Downtown at Valor Acres, which is now open to pedestrians.

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Developers of 9 school sites ID’d

Collinwood High School is the largest school building that was awarded a new end-user as a result
of a city-led request for proposals process. A local and a national firm won the opportunity to
redevelop this large, historic school property (Google). CLICK IMAGES TO ENLARGE THEM.

New end users of nine closed schools were identified by the City of Cleveland today to reactivate those properties with new uses including senior affordable housing, social services, retail/community event space, and other projects.

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Historic Flats buildings listed for sale

A trio of 19th-century buildings, including the former Arhaus Furniture headquarters, on Old
River Road on Cleveland’s Flats East Bank are for sale and could benefit from emerging
developments nearby (CRESCO). CLICK IMAGES TO ENLARGE THEM.

Three of the most historic buildings on Cleveland’s Flats East Bank are now available for sale. And now might be an opportune time for them to get repositioned and redeveloped with other nearby properties getting new directions, too.

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Lakewood tackles infrastructure, housing needs with new construction

From the corner of Detroit and Belle avenues, the first building at CASTO’s Lakewood
Common development in Downtown Lakewood has topped out (Harrison Whittaker).
CLICK IMAGES TO ENLARGE THEM.

While Lakewood lacks the undeveloped greenfield sites that allow outer-ring suburbs to accommodate growth through sprawl, building expansions and infill projects on vacant lots are allowing the historic streetcar suburb to grow its housing supply to meet new demand.

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