NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
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 »
As owner Optima Management Group describes their property, 55 Public Square is a “Class B office building in a Class A location.”
That location is about to get even valuable with a planned $73.6 million remodeling of the former headquarters of The Cleveland Electric Illuminating Co., now a part of First Energy. When the 24-story office building opened in 1958, it was Cleveland’s first glass curtain wall skyscraper.
Read MoreCleveland’s first Modernist tower to be remodeled Read More »
Over the next couple of years, approximately 900 office jobs are due to arrive in the Superior Arts District. That number could double by the mid-2020s as two fast-growing companies are relocating their headquarters to this redeveloping area of Superior Avenue on the eastern edge of downtown Cleveland.
The new jobs would add to several hundred office workers already there.
Read More900-1800 office jobs coming to Superior Arts District downtown Read More »
[UPDATED 11-07-19]
Regarding one of Cleveland’s most anticipated real estate developments in many years, two high-level sources say that Sherwin-Williams (SHW) has chosen its site for a combined headquarters plus research and development facility.
Read MoreTwo sources: Sherwin-Williams chooses its HQ+R&D site Read More »
Identifying where Sherwin-Williams’ (SHW) massive headquarters plus research and development (HQ+R&D) facilities might land requires lots of information. And the global coatings giant gathered a lot more detail this weekend.
Survey crews on Nov. 2-3 fanned out across 5.6 acres of parking lots owned by the Weston Group, a couple of blocks west of downtown Cleveland’s Public Square.
Read MoreSherwin-Williams drills down on data for HQ sites Read More »
A source close to ongoing property negotiations said Sherwin-Williams could decide in “the next week or so” between two downtown Cleveland sites for its new global headquarters plus research and development facility.
Read MoreSherwin-Williams HQ+R&D is down to two sites; decision due soon Read More »
Skyline-changing legislation has suddenly sparked back to life in the Ohio legislature. Substitute Senate Bill 39, to create a tax credit for insurance companies to invest in Transformational Mixed Use Developments (TMUDs), could aid several big real estate developments in Cleveland.
Read MoreTMUD tax credit could be law in November; help big Cleveland projects Read More »
Cleveland-based NRP Group has submitted to the city revised plans for its Scranton Peninsula development, after an earlier version was rejected by the City Planning Commission as having too much surface parking and looking too suburban.
Read MoreScranton Peninsula’s first major project gets a little denser Read More »
Not only will Sherwin-Williams’ new headquarters plus research and development facilities be located in downtown Cleveland, but the coatings giant also has chosen its construction manager, learned the amount of its public incentives package and set its deadline for announcing its HQ+R&D site.
Read MoreSherwin-Williams HQ+R&D will be in downtown Cleveland Read More »
