Trending development, economic & real estate news
A dozen Cleveland schools are offered for redevelopment
The Cleveland Metropolitan School District (CMSD) and the City of Cleveland are offering up to buyers and developers 12 school properties for redevelopment, with a few surprises on the list. They include two school buildings built in the last 20 years and several historic, iconic structures.
Downtown Cleveland: experience drives perception
Downtown Cleveland, Inc. (DCI) says that the biggest thing wrong with the city’s central business district is that not enough people are familiar with it. If more people visited it more often, DCI said people would enjoy it more. And DCI has a survey of perceptions to back…
Edgewater, West Blvd grapple with new development
Cleveland’s Edgewater, Cudell, and West Boulevard neighborhoods are currently facing a small wave of development, ranging from renovations to new construction. But the path to groudbreaking has been easier for some projects than others.
AmTrust to put $14M in downtown offices
Even as AmTrust takes steps to divide up its Downtown Cleveland offices into suburban and downtown locations, the financial services company is about to make a major investment into its new downtown offices at the AECOM Building, 1300 E. 9th St., according to plans filed with the city…
Cleveland housing developments get funded, neighborhoods lifted
Three Cleveland developments won competitive, highly coveted tax credits that will help push each of those new housing projects toward construction. In total, the trio will add 165 affordable residential units. But one of them is actually the construction of 40 new houses that offer an opportunity at…
Lakefront apartment complex wins financing
Despite having 17 miles of shoreline, developments along Cleveland’s Lake Erie waterfront don’t happen that often due to a lack of developable land. But one got closer to construction today after financing for it was approved by the state, according to a press release.
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