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Construction is well underway on the redevelopment of the former Wood & Brooks piano-key factory in Tonawanda into an apartment building and construction trades incubator.
Construction is well underway on the redevelopment of the former Wood & Brooks piano-key factory in Tonawanda into an apartment building and construction trades incubator.
Logistics firm leases massive Streetsboro warehouse | Crain's Cleveland Business crainscleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainscleveland.com Daily Mail and Mail on Sunday newspapers.
CEO Greg Geis believes the family-owned business, based in Streetsboro, can double the size of most of its operating companies over the next 12 months, despite economic headwinds.
'I think there are office building owners that are looking at this to see how viable this is, as a project,' said Pam Bobst, Rocky River's mayor. 'It will be interesting to see if this will be a catalyst.'
Time-consuming real estate developments usually do not bring fast money to mind, but that's the case with the recent sale of the Amazon Distribution Center in Brooklyn for almost $54 million.
The quiet sale closed in late August but did not appear in public records until Wednesday, Nov. 9. The buyer is an affiliate of CMI Developers LLC of New York.
A joint venture by Triban Development of Concord Township and Property Advisors Group of Pepper Pike got critical comments but a conceptual OK from the city's Near West Design Review Committee. They propose a 127-suite apartment building and 22 townhouses off Brevier Avenue.