Construction News

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Port OKs $170M financing for major projects

The Cleveland-Cuyahoga County Port Authority’s board of directors today approved $170 million in bond financing to fuel a series of high-impact projects, including a large redevelopment of land that contained a former Veterans Administration facility, a major manufacturing expansion, and refinancing bonds for a nonprofit school that will free up more resources for more renovations.

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Great Lakes Brewing revisits Scranton Peninsula move

NEOtrans has learned that one of Ohio’s oldest craft brewers is not only seeking to remain in Cleveland but is dusting off old plans to move its production facilities to Scranton Peninsula in Cleveland’s Flats. Sources familiar with the Great Lakes Brewing Company’s (GLBC) plans said that if public funding can be found to clean and prepare the vacated industrial site for redevelopment, it will likely relocate there.

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New family clinic coming to Clark-Fulton

Cleveland’s growing demand for affordable health care and having one of the worst infant mortality rates in the country is behind a new clinic planned for Cleveland’s Clark-Fulton neighborhood. Cleveland-based Neighborhood Family Practice (NFP) is proposing to open a community health center in the newly refurbished Northern Ohio Blanket Mills at 3466 St. Rocco Ct.., just off Fulton Road.

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Hough groundbreaking set for Sept. 5

According to a public record located by NEOtrans, a groundbreaking ceremony is scheduled from 10 a.m. to 12 noon Sept. 5 for the redevelopment of a vacant 10-story apartment building at 9410 Hough Ave. in Cleveland’s resurgent Hough neighborhood. Kristi Halford, a spokesperson for the project’s development partners, confirmed the scheduled event in an e-mail to NEOtrans.

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It’s Brook Park

In the coming weeks, the owners of the Cleveland Browns will reveal their plans to build a $3.6 billion domed stadium and associated development in the Cleveland suburb of Brook Park. According to public sector sources familiar with the plans, owners Jimmy and Dee Haslam have their capital funding identified for the stadium and a small first phase of development.

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Mayor Bibb’s offer to Browns may be last-ditch effort

Cleveland Mayor Justin Bibb sent a letter today to Jimmy and Dee Haslam, owners of the Cleveland Browns, urging them to stay in Downtown Cleveland. Bibb also publicized the city’s $461 million contribution to renovate Cleveland Browns Stadium to show to the public that the city has made a strong financial offer to the National Football League team. But that might not be enough to keep the Browns at the deteriorating lakefront stadium.

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