Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Cleveland Unveils 350-Acre Industrial Redevelopment Project
The City of Cleveland announced The Midline, a 350-plus acre redevelopment project that will convert long-vacant industrial land on the city’s near east side into a connected employment district, with
new trails, parks and transit access.
The development project, driven by The Site Readiness for Good Jobs Fund (SRF), brings together fragmented, underutilized parcels along the Norfolk Southern rail corridor to form a unified district. A complete master planning project is underway for the site, led by the design teams of Merritt Chase and Utile.
The Midline is being developed as a district-wide strategy rather than a single-user project, with the goal of attracting larger-scale employers across manufacturing, research and development, office and supporting service sectors. Plans call for at least 1.5 million square feet of new industrial and commercial space, supporting more than 2,500 direct jobs within reach of public transit. At full build-out, the project is projected to generate up to $100 million in annual tax revenue for the city.