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A changing landscape: Retail, urban housing and suburban office space top the growth areas in Northeast Ohio's real estate market.(Commercial Real Estate)
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Inside Business
- Article date:
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May 1, 2006
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Copyright informationCOPYRIGHT 2006 Great Lakes Publishing Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When the going gets tough, the tough, apparently, do go shopping. With manufacturing-sector layoffs continuing to hit the headlines and corporate office space still primarily in a holding pattern, retail and residential projects continue to dominate commercial real estate development in Northeast Ohio.
All the buzz downtown, for example, is about The Wolstein Group's $230-million Flats redevelopment and Zaremba's $200-million Avenue District project east of the Tower at Erieview, according to Dave Browning, managing director, CB Richard Ellis, Cleveland.
Both projects are a mix of residential and retail, with The Wolstein Group attempting to create a new downtown ...
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