A California-based real estate investor has purchased the Chicle Apartments and Chicle Townhomes from a local firm that renovated the former Chiclets gum factory and built the townhomes on Cleveland’s west side nearly 15 years ago.
Read MoreChiclets gum factory apartments, townhouses get new owner Read More »
**UPDATED Dec. 7, 2019**
In case you missed the major-league news, and if you rely on Cleveland local news media you probably did, but another Fortune 500 company will establish its corporate headquarters in downtown Cleveland.
Today, Cleveland-Cliffs Inc. announced it will be acquiring AK Steel Holding Corp. for $1.1 billion in an all-stock deal. In terms of revenues, the minnow just swallowed the whale. Cliffs generated about $2.12 billion in net revenue in 2018 whereas AK generated $6.08 billion.
Read MoreFortune 500 company to establish HQ in downtown Cleveland Read More »
Despite a cloud of legal action hanging over it, titles to two Midtown properties were transferred last week to the Cleveland Foundation for its proposed new headquarters. A 50,500-square-foot HQ is proposed to be the first phase of a civic and mixed-use district along both sides of Euclid Avenue and on both sides of East 66th Street led by the foundation.
Read MoreCleveland Foundation acquires Midtown land for new HQ Read More »
For the fourth straight week, work crews were laboring amid the 7.93 acres of parking lots owned by the Jacobs and Weston groups in downtown Cleveland’s Warehouse District. This is the site that sources say is Sherwin-Williams’ (SHW) favored site for building its massive new headquarters plus research and development (HQ+R&D) facilities.
Read MoreMore crews working at Sherwin-Williams’ favored HQ site, but… Read More »
This is the fourth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.
Read MoreSeeds & Sprouts IV – Early intel on real estate projects Read More »
Public Square is a fascinating mix of old and new, small and tall buildings.
It’s oldest building is also the oldest still standing in downtown Cleveland — the Old Stone Church. It dates from 1855 although its Presbyterian congregation goes back to 1820 when locals still thought of themselves and their land as a part of Connecticut.
Sherwin-Williams’ HQ on Public Square? Yes. A supertall? Don’t count on it. Read More »
There’s a lot more data to be refined and opinions to be weighed, but a preliminary report on Cuyahoga County’s Justice Center shows that constructing a new downtown courthouse tower and a multi-acre jail campus outside of downtown might be the most beneficial and, yes, affordable option for the county.
Read MoreReport suggests new courthouse tower and jail campus are best options Read More »
With the goal of opening its doors to customers in the spring of 2022, the Outlet Shoppes of Cleveland is the subject of local and national leasing activities now underway. The project, originally proposed several years ago, is back and is being pursued aggressively by its national developer.
Read MoreThe Outlet Shoppes of Cleveland is back in stock again Read More »
Sherwin-Williams’ (SHW) top executives are urging department heads to consolidate as many activities and jobs as possible from around the world into its new headquarters and research facilities.
Read MoreSherwin-Williams’ new HQ+R&D = 6,000 jobs for downtown Cleveland Read More »
Twelve certificates of disclosure were filed Nov. 15 with the City of Cleveland’s Building Department by an unidentified buyer that is ultimately seeking to acquire all 5.65 acres of Weston Group-owned properties in the “Superblock” west of downtown Cleveland’s Public Square.
Read MoreSherwin-Williams files permits with Cleveland prior to acquiring downtown land Read More »
