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Larry1962

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About Larry1962

  • Birthday 01/01/1962
  1. Nice that they have already got a extension of the deadline to start construction in relation to the Ohio historic tax-credit program: The Ohio Development Services Agency, which oversees the historic tax-credit program, had warned Hudson that the state might rescind the award if the company didn't show that the 925 revamp had some momentum. A department spokeswoman said officials recently met with the project team and extended the deadline to start construction to Sept. 1, 2019. http://realestate.cleveland.com/realestate-news/2018/05/millennia_buys_downtown_clevel.html
  2. Duck Island 7 Townhouses https://www.progressiveurban.com/Duck_Island_7_-New_Construction_Townhomes_In_Ohio-City/Tremont
  3. That is the townhouses going up at 2071 Columbus NOT at 2097 Columbus.....but they are both good examples of T.O.D. https://goo.gl/maps/6yUpnFi3AJr
  4. Existing and upcoming construction cranes: Q Arena The Beacon Centric The Quarter Two cranes at the Inova hotel site Lumis Playhouse Square Tower UC3 Church & State Towers FEB PHASE 3 Residential Tower Geis Lakefront Towers West 11 & Fairfield Tower Scranton Peninsula - Great Lakes Brewing. Weston/Citymark (West 3rd and St. Clair) One West 20 (Lorain Ave) . Cumberland Lakefront Phase 2 & 3 Flats West Bank/Jacobs Group . New Justice Center Complex Franklin Blvd Residential Tower the Med Mutual project is not dead, its still alive. They are active in the market PER Gottaplan
  5. The Halle Building (Euclid Ave) -- started their inside demo work back in 2016 and is now doing a partial conversion to apartments that started in June 2017. The Cleveland Athletic Club (Euclid Ave) -- started their inside demo work back in 2015 and now they are doing the final conversion to apartments that started in Jan 2018. Union Trust Building (925 Euclid) -- Current deadbeat owner trying to find partner to move this project forward. Possible updates early summer..... Real estate developer Frank Sinito is close to snagging another big downtown deal, taking on the stalled $270 million renovation of the Union Trust Co. building at 925 Euclid Ave. If Sinito, CEO and owner of Cleveland-based Millennia Cos., closes on buying the building or taking a majority stake in the project with current owner Hudson Holdings of Delray Beach, Fla., it would be his fourth blockbuster deal downtown in two years. http://www.crainscleveland.com/article/20180415/news/158241/sinito-continues-hunt-925-euclid-deal Cleveland Police HQ -- The city is still considering a handful of sites, including the home of cleveland.com at 1801 Superior Ave. Up to $55 million of the $64 million could be used to construct a new building. The price could be cheaper if the city can refit an existing building. A decision is expected within a month. http://www.cleveland.com/metro/index.ssf/2018/04/cleveland_city_council_to_cons.html Cumberland Lakefront Phase 2 & 3 ...... www.gcpartnership.com/fileuploader/webfiles/Cleveland%20Harbor%20View%20Lakefront%20Development%20Presentation-GCP%2017.5.15.pdf
  6. Several pics from MAY COMPANY construction project yesterday:
  7. Several pics of THE BEACON construction project yesterday:
  8. The first floor is 80,000 sq ft (1 million sq ft ÷ 8 floors) and they believe that can rent it all as retail.
  9. Cudell vintage shop West of Venus ready for an out-of-this-world reopening The Cudell-based vintage shop recently reopened its doors after a five-month overhaul as part of Cuyahoga County’s Storefront Renovation program. The result? A newly painted interior, new doors, new windows, and—most exciting to Radocaj—a new sign. Currently, the store carries vintage furniture, clothing, and other various items that Radocaj and Mattis score from estate sales or customers looking to downsize. http://www.freshwatercleveland.com/street-level/westofvenus.aspxi https://facebook.com/westofvenus/ 10024 Lorain Ave
  10. Cleveland Clinic's Taussig Cancer Institute receives $10 million pledge Cleveland Clinic's Taussig Cancer Institute has received a pledge of $10 million in support from the Boykins, a family with ties to Cleveland. "The Boykin family's gift will support a number of services that help patients throughout their cancer journey," said Brian J. Bolwell, chair of the Taussig Cancer Institute, in a prepared statement. "In addition to outstanding clinical care, we must support our patients as they navigate through what can be a daunting diagnosis. http://www.crainscleveland.com/article/20180418/news/158661/cleveland-clinics-taussig-cancer-institute-receives-10-million-pledge
  11. Larry1962

    Cleveland Hopkins International Airport

    Airport officials outline improvements Short term, Cleveland airports director Robert Kennedy told transportation committee members, the growth in passenger traffic is straining the airport's roadways, parking lots and other facilities. Changes to those facilities likely would require moving existing underground utilities disturbed by above-ground changes. The airport handled 8.4 million passengers in 2016 and 9.1 million in 2017. Kennedy said he is forecasting 9.6 million in 2018. "Our facilities will not take that," he told the committee. "That creates a challenge for us." Long term, Kennedy said he wants to spend between $4 million and $4.5 million on a new master plan to see how to better use space at the land-locked, 2,000-acre airfield. http://www.crainscleveland.com/article/20180418/news/158671/airport-officials-outline-improvements http://www.clevelandairport.com
  12. It's nice how it worked out better for Midtown/Health Tech Corridor because now they have both a co-working space in Tech Hive with a built in coffee shop and DEALERS TIRE has a 20 year below market lease at the Victory Building, even thru they lost out on the Beauty Shoppe co-working project that was to open at the Victory Building a couple of years ago. Several amenities that the Tech Hive will offer to eager entrepreneurs who rent desks and or offices in the new co-working space includes: For $10 a day, startups can get a desk anywhere in the three story building, including access to a conference rooms, lounge areas, a wellness room with a shower and of course Wifi. And of course with DEALERS TIRE 20 year lease at the Victory Building that area is a real sweet spot for more development including the Tech Elevator, the new University Hospitals new outpatient health center for women and children and also the developer behind the MidTown Tech Park with his Link59. Not to mention the new Tru by Hilton a 114 room hotel being built next to the Victory Building. Tru is a recent addition to the Hilton family of hotels. Billed as youthful, hip and affordable. The hotels have smaller-than-average rooms and aim for nightly rates of $100 or less. http://realestate.cleveland.com/realestate-news/2017/03/dealer_tire_revs_up_long-vacan.html http://www.cleveland.com/business/index.ssf/2018/04/digitalcs_new_tech_hive_space.html http://realestate.cleveland.com/realestate-news/2017/07/tru_by_hilton_hotel_could_open.html http://www.cleveland.com/business/index.ssf/2015/02/coworking_craze_hits_cleveland.html ----------
  13. I wonder what happened to the loans and grants the Beauty Shoppe was scheduled to receive when they were slated to go into the Victory Building (at 70th and Euclid). http://www.cleveland.com/business/index.ssf/2015/02/coworking_craze_hits_cleveland.html I assume that what happened to the loans and grants to the Beauty Shoppe that was scheduled to receive when they were first slated to go into the Victory Building instead as part of the Quarter project that maybe they was redirected to the NEW Techhive building that opened recently in Midtown. But in a way it worked better for Midtown/Health Tech Corridor because now they have both a co-working space in Tech Hive with coffee shop and DEALERS TIRE has a 20 year below market lease at the Victory Building! Several amenities that the Tech Hive will offer to eager entrepreneurs who rent desks and or offices in the new co-working space includes: For $10 a day, startups can get a desk anywhere in the three story building, including access to a conference rooms, lounge areas, a wellness room with a shower and of course Wifi. http://realestate.cleveland.com/realestate-news/2017/03/dealer_tire_revs_up_long-vacan.html http://www.cleveland.com/business/index.ssf/2018/04/digitalcs_new_tech_hive_space.html
  14. A little more detail on the Church & State mixed-use project in Ohio City: More recently, the AFL-CIO Housing Investment Trust (HIT) agreed to direct the proceeds of a $43 million bond issue created by the federal Government National Mortgage Association as a first mortgage on the $56.9 million Church & State mixed-use project in Ohio City. "We are not your grandfather's building trades unions," said David Wondolowski, executive secretary of the CBCTC. "We have a robust capital strategies program that is very enticing for developers today." Wondolowski said that developers are now coming to the unions early in the development process because of the variety of financing options their investment funds offer. "We can do anything," he said. "We can do senior debt, subordinated debt, mezzanine loans, we can do equity, we can do construction loans, bridge loans — a whole variety of investment." http://www.crainscleveland.com/article/20180415/news/158196/building-trades-put-financial-clout-work
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