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📬 In today’s edition:

• 🏅 A New Home for Cleveland’s Sports Legends

• 💡 Cleveland’s Concrete Answer to Affordable Housing

• 🏠 100% Tax Abated Ohio City Townhome Hits the Market

📰 Cleveland Market Minute

Greater Cleveland Sports Hall of Fame and Museum gets new home

After more than a year of construction, the Urban Community School today announced that it is scheduled to open the Roundstone Athletic Center (RAC) with a ceremony at 9:30 a.m. Nov. 21.

The fire ignited multiple rounds of live bullets that were among spent casings to be recycled along with a propane tank that exploded.

 🔗 Read More

River Recycling plant to be rebuilt

A start-from-scratch rebuilding project was launched today following a late-September fire at River Recycling Industries, Inc., 4195 Bradley Rd., in Cleveland’s Old Brooklyn neighborhood.

After a long-closed White Castle fast food restaurant was repurposed as a Dunkin Donuts five years ago for $346,825, a neighbor across the street plans to greatly expand its business and footprint, according to Cleveland Building Department records.

🔗 Read More

Progress Pics: Ohio City adding hundreds of homes

High construction costs, tariff uncertainties, and changes to city tax abatement policy have brewed skepticism that current development momentum can continue — especially in urban neighborhoods like Ohio City.

So one might be surprised to walk around the block and find hundreds of new homes actively under construction.

🔗 Read More

🏠 Just Sold Spotlight – Historic Colonial Charm Near Edgewater Park

📍 10116 Edgewater Dr, Cleveland, OH 44102

• 📏 Size: 5,560 sq. ft. (3,871 above + 1,689 finished lower level)

• 📅 Year Built: 1915

• 🛏 5 Beds | 🛁 3 Full, 1 Half Baths

• 🚗 2-Car Attached Garage (Concrete Driveway)

• 🌳 Lot Size: 0.30 Acres

• 🏫 School District: Cleveland Municipal School District

• 📝 Investor Takeaway

Built during Cleveland’s golden age of architecture, this 5,560 sq. ft. brick Colonial in Edgewater Cliff embodies timeless craftsmanship and grand scale. With three fireplaces, original hardwood floors, and beautiful carved woodwork, the property blends historical character with rare lake-adjacent potential.

The home’s multiple living spaces, spacious bedrooms, and partially finished lower level make it ideal for restoration or high-end resale. Its proximity to Edgewater Park, Gordon Square Arts District, and Downtown Cleveland ensures lasting location value.

A unique opportunity for investors or preservation-minded buyers looking to bring back early 20th-century elegance — with modern lifestyle upgrades ready to be reimagined.

🏡 Neighborhood Insight

• 📍 Community: Edgewater Cliff, Cleveland

• 🏞 Nearby Landmarks: Edgewater Park, Gordon Square, The Flats, Towpath Trail, and Cleveland’s lakefront recreation areas

• 🧾 Tax Abatement: None (Historic property, fully assessed)

• 🚶 Accessibility: Minutes to I-90, Lake Avenue, and Downtown Cleveland; walkable to lakefront trails and nearby dining

📈 Recent Sales Nearby:

• 10401 Edgewater Dr – $643,500 | 4 Bed | 4 Bath | 3.2k sq. ft.

• 1429 Alameda Ave – $489,000 | 4 Bed | 4 Bath | 4.1k sq. ft.

• 10411 Lake Ave – $615,000 | 4 Bed | 3 Bath | 3.4k sq. ft.

• 9400 Lake Ave – $570,000 | 3 Bed | 3 Bath | 2.8k sq. ft.

• 10019 Clifton Blvd – $660,000 | 5 Bed | 4 Bath | 3.6k sq. ft.

📌 Notable Features

• ✨ Classic 1915 brick Colonial architecture

• 🔥 3 fireplaces with ornate mantels

• 🪵 Original hardwood flooring & detailed trim

• 🏛️ Grand staircase and multiple hosting areas

• 🪟 Large windows with natural light throughout

• 🏡 Front and back yards with mature landscaping

• 🧺 Basement laundry + partial finished lower level

• 🚗 Attached garage with concrete drive

• 🌳 Situated near lakefront parks and city attractions

💡 Insider’s Insight

🏗️ Affordable Housing Innovation in Northeast Ohio

🏠 Concrete Solution to the Housing Crisis

A real estate investment firm, GLH Capital, is teaming up with Florida-based Baya Build Homes to introduce concrete-panel housing in Maple Heights and Warrensville Heights — offering durable, energy-efficient homes under $275,000.

• 2,000 homes planned for Northeast Ohio

• First 30 homes breaking ground soon

• Three-bedroom, two-bath designs (≈1,700 sq. ft.)

• Built with six-inch-thick structural concrete panels

• Assembly time: just days per house

🧱 Technology Meets Affordability

Baya Build is retrofitting Cleveland’s Pompili Precast Concrete facility with 40-foot mold machines to mass-produce panels, enabling one-home-per-week capacity initially.

Each panel is structural, insulative, and architectural, ensuring strength and comfort while cutting construction costs.

🌆 Community Impact and Incentives

• Maple Heights: 100% tax abatement for 15 years

• Warrensville Heights: 75% abatement for 15 years

• Land bank deals and partner bank programs help keep pricing stable

• Homes replacing vacant or foreclosed lots, revitalizing neighborhoods

💡 Vision for the Future

GLH’s VP Ron Carson and Baya Build CEO James Casper aim to make homeownership attainable and sustainable. Their shared goal:

“To build 2,000 high-quality, affordable homes for people historically left out of the American dream.”

🏠 House of the Week – Striking Modern Townhome in Ohio City

📍 1899 W 44th St #S/L-B, Cleveland, OH 44113

• 💰 Price: $444,900

• 📏 Size: 1,395 sq. ft.

• 📅 Year Built: 2025

• 🛏 2 Beds | 🛁 2 Full + 1 Half Baths

• 🚗 1-Car Attached Garage

• 🌳 Lot Size: 1,437.48 sq. ft. (Corner Lot)

• 🏫 School District: Cleveland Municipal School District

🧘 Vibes: Experience modern architecture and thoughtful craftsmanship in this brand-new townhouse at the exclusive Harbor Whitman development in Ohio City. Designed by award-winning Keystate Homes, this residence combines historic sensitivity with contemporary luxury.

Enjoy floor-to-ceiling windows, dramatic vaulted ceilings, and private terraces that create a bright, open feel throughout. The chef-inspired kitchen features quartz countertops, high-quality cabinetry, and high-efficiency appliances, perfect for cooking or entertaining. The spacious owner’s suite offers a spa-style bath, walk-in closet, and a serene retreat feel.

Additional highlights include private guest suites, 10-foot ceilings, front porches, and steel roofing systems for long-term durability. Built with energy efficiency in mind, this home includes insulated systems, efficient lighting, and eco-friendly HVAC.

Located north of Lorain Avenue—a rare find for new construction—this home qualifies for Cleveland’s 100% tax abatement on improvements, making it both a smart and stylish investment.

👉 Listed by: John Kassimatis & Carolyn M. Bentley | Howard Hanna

📞 (216) 798-6164 | ✉️ [email protected]

🛠 Tools & Resources We Recommend

• PropStream → Lead generation + property comps

• AirDNA → Short-term rental profitability data

• BiggerPockets Cap Rate Guide → Know how to calculate investment ROI

• Cleveland Housing Court Tracker → Spot eviction risks and distressed deals

• Cleveland Real Estate Investor Facebook Group → Share deals and insights with local investors

📣 Weekly Wrap-Up

🏙️ Cleveland Real Estate Weekly | November 2025

Cleveland’s momentum continues, from adaptive redevelopment and new housing innovation to ongoing neighborhood investment.

🔥 Old Brooklyn Rebuild

After a September fire, River Recycling Industries is launching a full rebuild on Bradley Rd.—a major signal of industrial resilience and modernization in Old Brooklyn.

🏗️ Ohio City Rising

Despite higher costs and tighter abatements, Ohio City remains a development powerhouse with hundreds of new homes under construction—proving demand for urban living is still strong.

🏅 Sports Hall Finds New Home

The Greater Cleveland Sports Hall of Fame and Museum opens Nov. 21 inside the Roundstone Athletic Center, celebrating the city’s athletic heritage in a new, community-focused space.

💡 CREI Insider’s Insight

GLH Capital and Baya Build Homes plan to build 2,000 affordable concrete-panel homes across Maple Heights and Warrensville Heights. The under-$275K designs feature fast assembly, energy efficiency, and 15-year tax abatements—bringing smart, scalable housing to Northeast Ohio.

🏠 Just Sold Spotlight – Edgewater Classic

• 📍 10116 Edgewater Dr, Cleveland, OH

A 1915 brick Colonial showcasing original woodwork, three fireplaces, and timeless architecture—minutes from Edgewater Park and Gordon Square. Ideal for restoration or luxury resale.

🏡 House of the Week – Modern Ohio City Townhome

• 📍 1899 W 44th St #S/L-B, Cleveland, OH

• 💰 $444,900 | 2 Beds | 2.5 Baths | 1,395 sq. ft.

Brand-new Keystate Homes build featuring quartz finishes, vaulted ceilings, and rooftop terraces. Includes 100% tax abatement—modern elegance with investment appeal.

Until next week,

Cleveland Real Estate Investors

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