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Nonprofit Developer Maintains Affordable Rents in Cleveland
Mission-driven Community Builders has acquired the Commodore Place Apartments in Cleveland, which will continue to operate as a mixed-income housing community.
Developers Plan to Break Ground This Fall of Phase I of Intesa
In March 2012, University Circle Inc., a nonprofit corporation established in 1957, announced it had hired the Coral Co. of Cleveland and Panzica Construction Co. of Mayfield Village to develop the Intesa, a mixed-use project, one of the largest to be constructed in Cleveland’s University Circle neighborhood. Ground breaking was scheduled for early 2013, but the project was delayed and many people started to wonder if it will ever happen. The answer is: it will.
Developers Plan $130M, 28-Story Apartment Tower in University Circle
Cleveland is getting ready to say hello to a new residential tower, the first to be developed in the city in more than 40 years. The new high-rise will cost $130 million and will be located in the city’s University Circle neighborhood.
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