NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
It’s a contradiction. Cleveland and the rest of the nation are in the midst of an historic office market slowdown that will likely last well into the post-pandemic era. And yet, Cleveland may be the recipient of up to seven new office towers in the next five years or so — six of those could rise downtown and one in University Circle.
Read MoreSeven proposed office towers in Cleveland? Yep, seven. Read More »
Today, iHeartMedia Cleveland announced plans to move their regional office to downtown Cleveland. The new location will be at 668 Euclid Ave. and will include a 10-year agreement lease with K&D Group.
Read MoreiHeartMedia moves offices, studios from suburbs to downtown Read More »
As first reported here at NEOtrans last summer, Cleveland State University (CSU) began a search for a consultant to help it design a new downtown campus masterplan. That consultant has been found, with CSU hiring Boston-based Sasaki Associates Inc.
Read MoreCSU starts campus masterplan process Read More »
At the end of this month, on March 25, the Justice Center Steering Committee may make a decision on whether to build a huge new Cuyahoga County-City of Cleveland courthouse facility or rehabilitate and expand the existing one at 1200 Ontario St.
Read MoreThe Justice Center plan that could transform downtown Read More »
Sherwin-Williams’ (SHW) stodgy corporate culture is colliding with its desire to attract young talent. That collision is becoming more evident as the planning advances on SHW’s new global headquarters. That’s unfortunate for SHW and for Cleveland since one of the major goals SHW has for its new HQ is to attract young talent to its company and to Cleveland.
Read MoreSherwin-Williams’ HQ may alienate young talent it wants to attract Read More »
In addition to a spate of high-rise developments on the horizon, there are also new low- to mid-rise developments just around the corner, too. One of them is a project that was originally proposed to be a mid- to high-rise building.
Instead, a mixed-use building representing the first salvo for the second half of the Flats East Bank development will be reduced from 11 or 12 stories down to seven or eight stories. And, as NEOtrans learned this week, its construction timeline will be pushed back by about five or six months.
New Flats East Bank tower to be shorter, groundbreaking delayed Read More »
Today, Sherwin-Williams (SHW) released its official site plan for its new global headquarters (HQ) campus in downtown Cleveland. The graphic released by the global coatings giant is virtually identical to one that NEOtrans has been reporting for a month now.
The preliminary HQ site plan posted on SHW’s official Building Our Future (BOF) Web site is not the only new illustration that was shared by the company. Also provided was a preliminary site plan for the new research and development facility in suburban Brecksville.
Read MoreSherwin-Williams releases site plans-mirrors NEOtrans’ info Read More »
It’s been three decades in the making but redevelopment work is finally about to begin at the Liberty Textiles Building, 1277 W. 6th St. in downtown Cleveland’s Warehouse District. The possibility of a planned, larger building rising on the parking lot next door is less certain, however.
Read MoreWarehouse District building conversion to start Read More »
There’s a mix of good and bad news coming out of the development team working on Sherwin-Williams’ (SHW) new headquarters (HQ) in downtown Cleveland. Let’s get the bad news out of the way first.
At the current rate of progress by the development team, SHW employees probably won’t be able to move into the new HQ until sometime in 2025. That’s nearly a year later than a revised schedule announced publicly last September. And even that was a revision from an earlier goal. SHW executives initially had hoped they would be able to move into their new HQ in late-2023.
Read MoreSherwin-Williams may not move into new HQ until 2025 Read More »
Lots of pieces are coming into place that could greatly impact downtown Cleveland’s lakefront in a very positive way. There are many challenges to be sure, but it seems that the planets are aligning for good things to happen.
These good things center on three basic ingredients — trains/transit, shipping and development.
Read MoreCleveland’s lakefront may get boost from new stadium, trains, ships Read More »
