Zachary Smith
Reporter at Crain's Cleveland Business
"Data Guy" @clevelanddotcom / Other words in @STATNews @VICE @EverydayHealth @CrainsNewYork @FoodBankNews2 and more / @NewmarkJSchool Alum / Elevated emo
Articles
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3 weeks ago |
crainscleveland.com | Zachary Smith
Hiti, DiFrancesco and Siebold, Inc. The exterior of the Lotus, a new housing development focused on young adults who have faced chronic homelessness. In Cleveland's St. Clair Superior neighborhood, a new housing complex called The Lotus aims to provide safe, stable and affordable housing for young adults aged 18-24 who may be experiencing homelessness.
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3 weeks ago |
crainscleveland.com | Zachary Smith
Zachary Smith Exterior of Franciscan Annex, the final building on the Franciscan Village campus The Franciscan Annex, the final building in Franciscan Village’s multi-year redevelopment project for senior housing, was completed in January of this year. Not even six months later, management reports that nearly every unit has been filled.
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4 weeks ago |
crainscleveland.com | Zachary Smith
While 30% may seem high, it's the second-smallest gap between homeownership and renting, surpassed only by Pittsburgh. “Cleveland has always been an affordable place to buy a home,” said Daryl Fairweather, chief economist at Redfin. “However, when viewed on a national level, the Cleveland metro remains one of the more affordable places to live.”On a national scale, the average gap is 82%, with homeownership costing about $117,000 and rent requiring $64,000, a 73% increase over March 2024.
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1 month ago |
crainscleveland.com | Zachary Smith
The developers of the Warner & Swasey building redevelopment project, located on Carnegie Avenue and East 55th Street in MidTown, are operating under a tight schedule. This multi-year project has secured over 20 sources of funding, totaling more than $48 million. However, some of these funds are time-sensitive and must be used by this summer. For instance, Cuyahoga County allocated Emergency Rental Assistance funds that need to be spent by the end of June.
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1 month ago |
crainscleveland.com | Zachary Smith
Crooked River Media The patio overlook Lake Erie at 19486 Frazier Drive. On the corner where the Rocky River flows into Lake Erie stands an 8,600-square-foot, three-level house that offers near panoramic water views and is just a short walk from downtown Rocky River.
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After delays caused by the pandemic, the emerging Barber-Vega-Queen (BVQ) district in Cleveland is set to welcome a new housing complex called Vega Avenue Studio Lofts. https://t.co/pjH7AIlWRz