willyboy

Its just that in a region with an overabundance of really affordable housing, the areas with the cheapest housing are going to be areas with the most future issues. Also with that abundance, and once an area goes beyond a certain point, it would take a lot and a long time for it to come back (if indeed it ever does) Look at areas that would be within a viable area (city with a diversity of housing and incomes, housing that has character you wont find in many of the 1950's suburbs, etc...) There are some very interesting houses in fairly stable areas of Cleveland Hts selling for next to nothing.. Some may need some work of course. To protect your investment, stay away from streets that have become predominently rental and certainly section 8.

Agree with E Rocc. You be better off staying in an income diverse community such as Cleveland Heights (one with varying degrees of housing which could be somewhat sheilded from what is happening to the less diverse housing areas (like Euclid)). There are some great looking parts of Cleveland Hts and Shaker Hts that have deteriorated somewhat, yet not that far gone/very close to much pricier housing. I would expect that the greatest chance is with the employment of University Circle and the Colleges, that there will be more of a future market for homes in these areas. I think things may be similar for some of South Euclid, but Im not as familiar with that area. *Schools being the other thing though, I guess I dont know what to tell you, since schools pretty much always go hand in hand with what is happening in the community. Most realtors would be happy to talk to you about this. Ours indicated that Schools were the biggest issue for Cleveland Heights, which is why we would be able to get such a nice house there affordably (and heck we dont have kids so what do we care), but on the otherhand, unless we are getting a bargain in the first place, may have trouble getting our money back out of it if we were to sell down the road. I think the cheap housing everywhere has really thrown things out of whack in NE Ohio.

The continued spread of crime on the West side. I guess if there was a bright side, with the shifting demographics, the east side should be getting safer. Unfortunately, as I had been warning, some of these west side neighborhoods were really the last remaining stable neighborhoods of Cleveland. Otherwise its just the pockets of up and coming areas that we talk so much about on here. Lakewood man fatally shot at West 145th St. and Puritas Ave. Published: Tuesday, December 27, 2011, 9:11 AM Updated: Tuesday, December 27, 2011, 11:27 AM By Donna J. Miller, Plain Dealer reporter The Plain Dealer CLEVELAND, Ohio -- A 32-year-old Lakewood man was gunned down today in a parking lot at West 145th Street and Puritas Avenue. Police were called at 1:20 a.m. about gunfire. Officers and paramedics found Richard Peyton with a gunshot wound to the left buttocks. He was pronounced dead within an hour at Fairview Hospital. http://blog.cleveland.com/metro/2011/12/lakwood_man_fatally_shot_at_we.html

Heres the Crains version that is free. As indicated and previously announced, Philips will be bringing 100 positions and Steris will be bringing another 100, many new to the area. Steris Corp., Philips Healthcare to move total of 200 jobs to Northeast Ohio By CHUCK SODER 3:01 pm, December 20, 2011 Two of Northeast Ohio's biggest medical technology companies plan to move a total of 200 jobs to the region, with some help from state and local incentives. Steris Corp. this morning announced it is adding 100 positions in Mentor. A few hours later, Philips Healthcare announced plans to create another 100 jobs by moving a research-and-development operation to Highland Heights from San Jose, Calif. http://www.crainscleveland.com/apps/pbcs.dll/article?AID=/20111220/FREE/111229972

Agree with that. I miss The End!

Tradition, most of the previous page is about this.

You hit the nail on the head here.

And there never will be any of that so long as it stays a limited access 50 mph freeway... I don't understand the obsession with development in a park area anyway. The idea is to open up this great asset to the development that is already occurring nearby or is in the works in the neighborhoods adjoining the shoreway route. This is Cleveland--a city with a continuing population decline and plenty of vacant/open space. Just up the bluff there are plenty of vacant lots and abandoned warehouses ripe for development. Conversion to a boulevard and improving access is about those places--not putting new commercial development inside Edgewater park. Thank You!

If thats where the hospitality suite was located. Oh and your welcome.

Also, nobody's going to make the mistake and think that we were never down on our luck as a city, with the national media as well as the local reminders. So yeah to the many people that wouldnt give Cleveland a second look with the expectation that it is just a rundown rustbelt city, it at least gives them reason to consider otherwise or even see for themselves.

Century was at the Ritz side, Prospect entrance to Tower City.

I put the yearly crime trending reports on previous pages, and they basically reflected what Skor and others are saying. Crime has generally spread overall (less concentrated in the east side neighborhoods and more as a reflection of the dispersement of the traditional east side black population). This also accounts for the very noticable increases in crime in many of the west side neighborhoods such as Cuddel, Clark Fulton, and West Blvd areas. Some of these areas were still rather stable when I left.

I don't understand why they are using Vegas as a cited source considering they have some one of the worst outlet malls and with the strip right there, there is a different customer. MTS I think it was referring to the convention they have in Vegas that you go to to sign tenants. I remember how Stark did this for the Pesch project and got letters of intent from all those chains. Oh here: A convoy of Northeast Ohio real estate companies traveled to Las Vegas on Sunday for the shopping-center industry's largest annual gathering. Retailers, lenders and brokers expect to focus on redevelopment, a trend they say could reshape properties across the country. Convention attendees with a stake in downtown Cleveland hope growth-hungry stores and restaurants will look at the center city, where projects including a casino are reviving retailer interest in Tower City and renewing talk about a high-end outlet district along Euclid Avenue.

Although I would say that the 2025 Ontario building would fit the bill http://www.loopnet.com/Listing/16937716/2025-Ontario-St-Cleveland-OH/ Althought that seems too high a profile location, although not a spot typical thought about.

Correct.

Certainly, or should I say likely, they will be expanding the Ritz. I would think that would be a way of getting around the "no new casino hotel" rule.

As a non-native of Cleveland, I really love that quote. Those are my sentiments too. Thanks for posting! Yes agree. I listened last night and it practically brought a tear to my eye. My partner (a non Clevelander) heard as well and he totally agreed.

Yes nice job Zimzolla. At least CSU agreed not to do anything in the meantime. I never heard anything from CRS, so stayed out of it. W at the Trust

It would be even more interesting if it wasnt already posted just above. :-D

Big deal. Thats a loss of $22,000 a year...... After the first year I would think they would more than make up for that with a new tenant. Throw in the remainder of the payrole tax share and they should be coming out well ahead of where they would have otherwise.

I guess its good news that the plant is being retained, but its too bad Avon Lake didnt get the new van instead like Kansas City where they are adding something like 2000 jobs.

8ShadesofGrey--Hey congrats on the new book---will check out a full copy as soon as I can. I'll try to make it to the launch party if I can. Looking forward to reading it. I noticed you got it on bn.com---that's excellent! Just a point of clarification ... I'm not the author of the book, but another forumer is :) I thought so, but I believe I saw you in something else recently 8shades... Maybe in a story about artist/live work spaces or cool offices....? I think in Fresh Water...

Yes, its posted a page or two back. Catering business moving their operations there and opening restaurant.

*Dammit Clefan98 with your fast fingers! While there were hints of this already, this could be way bigger than initially anticipated and would bne an amazing shot in the arm... AmTrust Financial Services, a New York insurer, could bring 1,000 jobs to downtown Cleveland Published: Monday, December 05, 2011, 1:25 PM Updated: Monday, December 05, 2011, 1:37 PM CLEVELAND, Ohio -- A publicly traded insurance company could bring 1,000 jobs to downtown Cleveland - most of them new jobs created in Northeast Ohio. AmTrust would create up to 800 new jobs in the city over three years. And the company would move most of its suburban employees - 245 people in Seven Hills - to the former KeyBank Center office building at 800 Superior Ave. http://www.cleveland.com/business/index.ssf/2011/12/amtrust_3.html

Heres the story with a couple of updates.. Not much detail, but it sounds good so far... Blutrich indicated that Skyline will put money into the property, though he said it's too early to discuss details. The company owns several historic properties, including the Le Meridien King Edward hotel in downtown Toronto. "We hope that we'll be able to bring some of our enthusiasm, expertise and funds to revamp the current situation and make the hotel, for the long-term, profitable, the hotel and Arcade," he said. http://www.cleveland.com/business/index.ssf/2011/12/historic_arcade_in_downtown_cl_2.html