Clefan98

https://www.zillow.com/homes/for_sale/Cleveland-OH-44102/33326072_zpid/77002_rid/globalrelevanceex_sort/41.485996,-81.737735,41.473345,-81.751467_rect/15_zm/0_mmm/ prices are definitely starting to creep up in areas where you saw little investment even 2-3yrs ago.

Block-by-block and in waves. Some spots are very quiet, some have trouble overcoming issues. DSCDO also has a very concentrated focus on the area south of Madison and east of W85th, so that is going to have a big impact on Cudell since Cudell is already far more stable. http://www.dscdo.org/media/documents/swds_neighborhoodplan_reduced.pdf

I think you're underestimating the affect that Detroit Shoreway is causing in pushing development further to the west. We are seeing a population influx in this section of the city. A house on Bridge and 65th just sold for 287k and a new build directly across from there went for 320k. To jws's point, there's not many options left for buyers in the 'hot' areas. Many potential buyers are now looking a little south (madison ave) or to the west 80s and 90s for deals.

Class A Cleveland Mid-Rise Eschews High Density, Hits Several Price Points Cleveland’s Detroit-Shoreway neighborhood is enjoying a transition from industrial decline to cultural richness marked by artists’ studios, theaters, and new development, including The NRP Group's Edison at Gordon Square apartments. “People began to ask, ‘Oh, have you been to Gordon Square [Arts District]?’ ” says Aaron Pechota, senior vice president of development for the locally based apartment developer. http://www.multifamilyexecutive.com/design-development/class-a-cleveland-mid-rise-eschews-high-density-hits-several-price-points_o The article mentions the Edison is 95% occupied. That's amazing considering the number of units, and the short amount of time it took to fill. I guess it's time to build another one! I regularly visit businesses along Detroit ave and have noticed the pedestrian activity (even in the winter) has definitely picked up since the opening of the Edison.

^^^ I was just in San Diego last week visiting some friends and they pretty much echoed what you just said. What's happening there is on a whole different level than anything we've experienced in the midwest.

Not all areas of the city and metro are stagnate.

The vote to approve the TIF for Project 29 is slated for Monday: https://cityofcleveland.legistar.com/LegislationDetail.aspx?ID=3318097&GUID=65855BF3-25E5-4922-9065-DFBFE0C56248&Options=&Search=

^ Every time I look at those surface lots a little piece of me dies..

That wasn't part of the plans for the Weston project, was it? Nope, this is another lot Stark purchased from those shady Cali cats as part of the nuCLEus package deal. Wonder what he's asking for it?

Which lot? The link you posted showed many..

My guess is that prices would need to be high. For most, its not just a matter of packing up the desks and computers and moving them somewhere else. They probably have lots of heavy equipment that would need to be dissassembled and re-assembled and it could take quite a bit of time and business interruption. Good guess. http://www.loopnet.com/for-sale/?bb=nu21kogr0Iyy2x9F

^ A1 wasn't really sold in Jan, it was just transferred from one LLC to another. Same owners. I can state with certainty that the Chelala's are in negotiations with a buyer for the entire damn lot. I think forum members will happy with the ultimate plans the potential buyer has for these awful lots. Refer back to what was said in the Crain's article I posted regarding the comparisons between Det Ave to Chagrin Blvd.

Younger Kertesz has huge stake in NEO neighborhoods The one-time Testo Manufacturing building that Kertesz recently acquired is on the stretch of Detroit near Hingetown that is being repopulated by residents of two new apartment buildings, and more rentals are on the way. "I think additional retail there is a no-brainer. We have several letters of intent out on Testo," Kertesz said. "Frankly, I envision this area becoming as popular as Chagrin Boulevard." http://www.crainscleveland.com/article/20170723/news/170729938/younger-kertesz-has-huge-stake-neo-neighborhoods Chad does have some huge plans for Detroit Ave. I would keep an eye out for a certain dealership to change hands soon, along with the SW corner parcel of Detroit and 45th.

Groundbreaking to commence in April....A crane should be on site by mid to late summer.

Younger Kertesz has huge stake in NEO neighborhoods The one-time Testo Manufacturing building that Kertesz recently acquired is on the stretch of Detroit near Hingetown that is being repopulated by residents of two new apartment buildings, and more rentals are on the way. "I think additional retail there is a no-brainer. We have several letters of intent out on Testo," Kertesz said. "Frankly, I envision this area becoming as popular as Chagrin Boulevard." http://www.crainscleveland.com/article/20170723/news/170729938/younger-kertesz-has-huge-stake-neo-neighborhoods Chad does have some huge plans for Detroit Ave. I would look for a certain dealership changing hands soon, along with the SW corner parcel of Detroit and 45th.

I have a few calls and emails out regarding your question. Stay tuned..

I found this little nugget from Crain's which seems to back up what I've heard: Being a nonprofit brings Playhouse Square advantages it believes will help it forge a deal. Playhouse Square's tax-exempt status means it will eschew federal taxes on rental income in its downtown district. It also can pursue tax-exempt bonds prized by investors, he said, and take a lower rate of return than for-profit developers. Falco said Playhouse Square hopes to be able to loft its tower without asking for the school portion of property tax proceeds for its tax increment financing (TIF) component, as nuCLEus has done, or a loan from Cleveland Development Advisors. http://www.crainscleveland.com/article/20170924/news/136586/downtown-cleveland-feeling-more-home

Where did you see a request for TIF legislation? I've been told they are not even asking for it.

Date: December 15, 2017 Committee: City Planning Commission Action Type: Approved Conditions: http://planning.city.cleveland.oh.us/designreview/brd/detailDR.php?ID=2507&CASE=DF%202017-041

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If it's such a great idea, it will be built everywhere eventually. But because it is a bad idea, it won't be built anywhere, ever. I'll wait until the feasibility study comes out before believing some random internet dude with an axe to grind..

I hear a lot about how Cleveland gets distracted by the next shiny idea, but I don't recall anything daring, forward thinking or shiny that has been tried in the last twenty years. Can anyone fill me in on our previous distracting projects?

The point Angie made is that the hyperloop competes against buses when it comes to political attention. She wasn't talking about riders. It's easier for Midwestern politicians to say they support bold new ideas like the hyperloop than to actually implement transit solutions that already exist today. Columbus is doing it with their "smart cities" initiatives, and Cincinnati is doing it with our Uber-Metro partnership. We could start making improvements to our transit systems tomorrow, implementing ideas that have already been proven to work in hundreds of cities around the world. But instead we don't do anything, and hope that hyperloops and self-driving cars and Big Data will solve our transportation problems. She's wrong, as usual. The dearth of leadership since White (perhaps even since Voinovich) means that reaching for breakthrough ideas may be what is needed to revitalize the city and region. I think Cleveland's problem has been that they are always searching for a silver bullet instead of doing proven things. Angie is spot on this time. I agree with Erocc here. What if this is the next big thing in technology and transportation? I could only imagine the public backlash if Cleveland leaders did nothing and this turned out to be a smashing success for other cities around the country and world. 1.2mil is nothing when compared to RTA's overall needs and budget. Think big or go home.

Exciting stuff!

So if we get to just make up what MSA's we like, can I say that Columbus includes Dayton and Toledo? Cincinnati can have Indianapolis, maybe? Oh right, I forgot, you're the expert on all things Cleveland. Your quick Google Streetview and census synopsis explains everything about NE Ohio. Let Columbus take on all of Northwest Ohio, they already take up large swaths of Franklin County. It takes up less than half of Franklin County, something like 40%. And I never claimed to be an expert, just that people should stick to what they can prove, not what they believe. Adhering to your own advice would be a good start.