New home construction numbers were up last month, hitting a 4-year high, a good economic indicator. But some of the new construction taking place in Cleveland indicates a larger movement.
A short city block between West 57th Street and West 58th Street and Bridge Avenue used to be filled with blighted homes, long past repair.
But in a matter of months, eco-friendly, state of the art homes will take their place.
"When it's completed, it will be about $5 million worth of real estate in the near west side of Cleveland," says Case Development President Mike DeCesare.
DeCesare saw the demand growing in this Detroit-Shoreway neighborhood. And after the recession stalled new construction, this construction is groundbreaking in more ways than one.
"We are the only newly permitted new development in the city of Cleveland for 2012."
Nationwide, new home building permits had declined along with the economy. But last month, the Census Bureau says it's the highest number they've seen in four years.
And here in Northeast Ohio, the demand is shifting from the suburbs to trendier neighborhoods.
Waverly station will contain 22 eco-friendly homes, all of them three stories, with rooftop decks and lake views. Only six so far went up for sale. Three are already sold.
"When we complete this site, we'll be moving on something else to build right in this neighborhood."