simplythis

MTS I think this crunch impacts Ameritrust tower and Jacobs tower the most. These two projects are going to have it extremely difficult to get financing

I cannot see this project surviving the credit crunch. Edit: Article removed for lack of link.

Here We go down the toilet. Credit crunch imperils Cleveland's commercial development projects Posted by Michelle Jarboe/Plain Dealer Reporter October 16, 2008 23:54PM Categories: Breaking News, Economic development, Economy, Real Estate News Impact, Real Time News, Real estate John Kuntz/The Plain Dealer Credit problems are hurting businesses across the nation. Some commericial developments in Cleveland could be at risk. Cleveland's nascent development renaissance could be standing on shaky ground, with a series of high-profile projects imperiled by the financial crisis. The subprime mortgage meltdown and turmoil in the banking industry have put a vise on credit for building, buying and selling commercial properties. Even if the government's rescue efforts get credit flowing again, analysts expect tough times for the commercial real estate industry. Download map (PDF, 2.3 MB)Defaults could rise as property owners who secured loans during more-euphoric times fail to refinance their debt in a downturn. Flagging store sales and retailer bankruptcies may spark foreclosures on shopping centers across the country. And in Cleveland, developers will face serious challenges to their grand plans to revive the city, from the Flats to University Circle. "No project is insulated from market conditions," said developer Peter Rubin, who recently dropped plans for a $500 million development in Solon. http://blog.cleveland.com/business/2008/10/northeast_ohio_wins_43_million.html

Addie Joss Celebration day pictures. http://comment-blog.advance.net/cgi-bin/mte/mt-search.cgi?IncludeBlogs=4501&limit=20&index=adv_photo&category=&search=league+park&date_end=&x=35&y=4

Chasnnel 3 just did a small blurb on the League Park Renovation effforts. There was some official announcement today. Hopefully there will be something in tomorrow's PD.

Does anyone know when the Av's make their player cuts?

Will a Frontier League team survive? Avon to get a Frontier League team soon. This will make 4 teams in addition to the Indians in the metro area. Tribe, Akron, Lake County, Mahoning Valley and now Avon. Are there enough fans in the area to have such a low level Independent team in the area. The Canton Crocodiles were in this league and failed miserably and moved to Washington PA. Personally I think this team should have gone to Lorain.http://www.chroniclet.com/2008/09/23/avon%e2%80%99s-future-baseball-team-has-its-manager_122/

Can a change in city tax law be made to salvage this FEB Eaton project. What do you experts think?

City of Cleveland Deferred Compensation Tax Law Change is being considered. http://www.crainscleveland.com/article/20080923/FREE/809234996/1008/newsletter01

here's the link. http://www.cleveland.com/business/

PD article on FEB parcel which Eaton has passed on.//blog.cleveland.com/business/2008/09/development_efforts_go_on_for.html

Since the FEB 9 acres is not enough Does anyone know exactly how much acreage they desire in their corpoate campus? 12? 15? 20 acres

Statement From City Hall & Port Authority. http://www.crainscleveland.com/article/20080918/FREE/809189961/1004/newsletter01

Remember the abandoned Courthouse Plaza http://blog.cleveland.com/cribnotes/2008/08/a_local_development_group_want.html

Are they doing any construction in front of that ugly parking garage. Is that construction of a second phase or some temp situation?

i hate to be stupid but from whom do they collect construction period rent of 63,500,000

they will take a small step backwards this year. 7-9

Does anyone have a current street view picture of the Dollar Bank building. ( Please No Google rooftop)

Sorry I did not completely get my point across. The Nicholson terminals apartments are QUAY 55. That was the name of that hulking warehouse before it turned into an apartment complex.

Is the new port in the approximate area of the Nicholson Apartments? And if it is will they be torn down?

Attorney Nance to announce a site and explain how to pay for it as early as thursday per channel 8 news

Tower City site is much cheaper BUT still way over budget. http://www.wkyc.com/news/local/news_article.aspx?storyid=94213&catid=45

i also read about Viking Hall being torn down in a couple of years. Is this building that run down that it has to be torn down. It used to be a Holday Inn years ago when I went to college.

2009 Schedule is out. Cleveland Not Included. http://sports.espn.go.com/rpm/racing/indycar/news/story?id=3511344

Does today's raid on the county commisioners office ( Dimora) have any inpact on this week's decision on the site selection.