CBRE & CBRE
CRAINSCLEVELAND.COM I SEPTEMBER 11, 2023
A reworking of the nearly seven-acre Justice Center could mean big changes for downtown Cleveland. A relocation of the courts and other offices at the Justice Center would open up the property for redevelopment.
A CHANCE TO RESHAPE DOWNTOWN
Big changes could be coming to the nearly 50-year-old Justice Center complex; county officials see this as an opportunity By Kim Palmer
After nearly 50 years, the future of the Cuyahoga County Justice Center — the sprawling, nearly seven-acre city block punctuated by a 25-story “brutalist” concrete tower — is un-
certain. But officials see this as an opportunity. In early August, the county and the local office of CBRE issued a request for proposal (RFP) soliciting plans from developers to See DOWNTOWN on Page 15
Pulte prepares a Del Webb encore
Overwhelming response to housing gap financing
By Stan Bullard
The first of five single-family homes is partially finished at the Allen Estates in Cleveland’s Hough neighborhood. | MICHELLE JARBOE
When the city of Cleveland solicited proposals this year for housing projects in need of gap financing, developers responded in droves. Officials received 91 applications, for a combined ask of $165 million in grants and loans. That’s more than three times the amount the city had set aside — most of it from an infusion of fed-
AKRON Backers say new plans already are being developed to keep the city’s downtown moving forward.
SPORTS BUSINESS Expanded program offers Browns fans field seats with ‘incomparable’ views — for a price.
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PulteGroup has lifted the curtain on the long-awaited second act for its famed Del Webb senior community in Northeast Ohio. Under terms of a just-approved consent decree in Lorain County Court of Common Pleas, it has secured approval
from Columbia Township trustees for 600 units on the site of the former Hickory Nut Golf Course in Columbia Township in Lorain County. The plan preserves 172 acres, much of it wooded, as green space. Upon completion, it will be a $260 million project. See PULTE on Page 17
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By Michelle Jarboe
eral cash meant to heal economic wounds created or intensified by the pandemic. The applications show the deep need for dollars to get modestly priced housing projects off the ground, in the face of rising interest rates, volatile construction costs and labor shortfalls. Across Ohio, developers and policymakers are wrestling with a See FINANCING on Page 16
9/8/23 2:41 PM