Thursday, June 29, 2006

Cleveland Maintains 1st Place Ranking in New Housing Construction

Press release from the Cleveland City Hall:

From:
Community Development

Joseph Skrabec, Community Development
(216) 664-4597
jskrabec@city.cleveland.oh.us
Trista McClelland, CRM Development Research
(216) 696-5442 ext. 403
tristaCRM@aol.com

News Advisory

Cleveland maintains 1st place ranking
in new housing construction


June 28, 2006 – City of Cleveland officials working with Calabrese, Racek, and Markos, Inc. (CRM) Development Research today announced that Cleveland issued a total of 50 new for-sale residential permits during the first quarter of 2006, the most in Cuyahoga County and the eight-county region. The second and third cities in Cuyahoga County were Westlake with 27 permits and Oakwood with 19.

"This is further evidence that, together, we can create neighborhoods of choice in the City of Cleveland," says Mayor Jackson. "Cleveland has a lot to offer. We want to make sure developers, potential homebuyers, and everyone in Cleveland knows that we are a great City with quality affordable and market-rate housing in our neighborhoods."

CRM Development Research is a subsidiary of Calabrese, Racek, and Markos, Inc., a full service appraisal firm. This division monitors market activity for new residential development throughout the Northeast Ohio region.

For more information on the City of Cleveland's new home construction, please visit www.city.cleveland.oh.us or call 216-664-2869.

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