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The Cleveland- and Hungary-based real estate developer acquired a site owned by Walworth Pointe's developer that adjoins the townhouse project in Cleveland but is not involved in court proceedings. The deal signals a new effort to try to put the distressed project back on track. ....
New owner lands Agora property COSTAR A landmark even before the Agora set up shop there, the complex at 5000 Euclid is more than a century old and, with the exception of the theatre and ballroom, just been sold by an affiliate of Hemingway Development of Cleveland. Imagine taking in a late-night rock concert or early meeting at the Agora Theatre and Ballroom and being able to walk to or from it without going outside from an apartment within the adjoining century-old complex. Adding apartments to the four-floor office building with storefront retail is among the plans of the new owner of the commercial property at 5000 Euclid Ave., Cleveland, attached to the landmark venue. ....