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Detroit Shoreway apartments, Intesa project and Legacy Village expansion secure Port of Cleveland financing OKs (photos)

CLEVELAND, Ohio -- A Lyndhurst hotel and a pair of projects that will bring nearly 500 apartments to Cleveland won financing support Tuesday from the Cleveland- Cuyahoga County Port Authority . The port's board signed off on nearly $200 million in real estate- related bond transactions , setting the stage for construction to start within months on a trio of projects. The agency acts as a conduit for development financing, issuing bonds and helping to structure deals that involve longer terms , lower interest rates or cheaper construction materials than a borrower might find in the private market. Tuesday's headline deals were: A  Hyatt Place hotel and a 355- space parking garage at the Legacy Village shopping center in Lyndhurst. Developer Mitchell Schneider hopes to start construction in May and to complete the $33 million project by June 2016, in hopes of grabbing hotel- room demand generated by the Republican National Convention in July. The 135-room hotel and gara...

Jukin Media expands its viral video empire in Culver City

Jukin Media, the company behind viral sensations such as Pizza Rat and Chewbacca Mask Lady , will nearly double its office space in Culver City to produce more original programming off its trove of user- generated video clips . The company, which buys the rights to amateur videos that are shared widely, expects to see a greater percentage of its business shift toward hosted shows that showcase those videos, not unlike an “America’s Funniest Home Videos ,” but for the social media set . To accommodate that strategy, the company plans to expand its 16,000-square-foot office at Jefferson and La Cienega boulevards with an additional 14,000-square- foot production space next door. The new facility, which will break ground Oct . 1, will include two sound stages, sound mixing suites , video-editing suites, a screening room and a green room. Jukin, which rents all its space, expects to move in by mid-November. A studio will allow Jukin to craft more polished programming and secure its own pr...

How Can We Keep Housing Affordable? - Charlotte Magazine - September 2017

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As teachers, cooks, cashiers, and bus drivers are being priced out of Charlotte, one question looms: How does a growing, thriving city in modern America keep housing affordable for its working-class citizens? By RACHEL JONES Published: 2017.08.23 06:21 AM Jacqueline Ingram (middle) works full-time at the Ross Dress For Less distribution center in Rock Hill. But in this booming region, her salary isn’t enough to comfortably buy a home for her and her kids, 12-year-old Nya and five-year-old Rejonee. PHOTOS BY ANDY MCMILLAN ONE RECENT SUNDAY AFTERNOON , Jacqueline Ingram and her two daughters explore an empty four-bedroom house for sale on a Brianna Way cul-de-sac in southwest Charlotte , filling it with their dreams along the way. “This one is mine,” 12-year-old Nya says of an upstairs bedroom with a view of the Clanton Park neighborhood . “I could put my chest over there, and my table there.” As five-year-old Rejonee sprawls out on the carpet in the room across the hall, In...