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Construction crews are adding the apartments and for-sale townhouses for the residential part of the mixed-use campus that DiGeronimo Cos. is constructing.
Matthew Weiner and Sergey Kuznetsov lead the East West Alliance group of companies. They match European investors with domestic real estate projects and are looking for more deals in Northeast Ohio.
A battle is brewing at the northern edge of Cleveland's Tremont neighborhood, where an industrial titan and an asphalt producer are trying to ward off looming development.
The NRP Group and a joint venture formed by Silver Hills Development and Edwards Communities expect to build more than 600 apartments near the Cuyahoga River, on long-fallow land in the Flats. The Cleveland City Planning Commission gave its blessing to both projects Friday, Feb. 4.
The Cleveland-based developer has re-upped its option to buy a 7.5-acre site at the broader Thunderbird project. Between NRP's deal and another apartment proposal, more than 600 apartments are on the drawing board for the long-fallow peninsula.