Development News

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.

A site plan for the Sherwin-Williams (SHW) headquarters (HQ) in downtown Cleveland is coming into focus. And what the HQ lacks in height, it might make up for in street presence especially along West 6th Street and St. Clair Avenue.

SHW-owned properties along those two streets are proposed to be developed by others. Last summer, SHW acquired the Superblock (bounded by Superior, West 6th, St. Clair, West 3rd) from the Weston Group as well as the Public Square lot from the Jacobs Group. The 6.82 acres of land is used entirely by surface parking lots.

With the news breaking this week that Quicken Loans’ affiliate Rocket Mortgage may add at least 700 jobs over the next few years, many are asking where would these new jobs be located.

Meanwhile, Bedrock Real Estate Services, one of the many Dan Gilbert-owned partner companies of Quicken Loans, has ramped up the hiring of development subcontractors to conduct due-diligence activities in Cleveland. That’s according to two sources who were not authorized to speak publicly about those activities.

At first, a contributed rendering posted here at NEOtrans looked like it contained an oversight. But with more information coming in like drops of paint, a site plan for Sherwin-Williams’ (SHW) new headquarters (HQ) is gaining more color.

The rendering published in NEOtrans’ previous SHW HQ article shows the base HQ building (represented by SHW’s inspirational prototype — the BOK Park Plaza tower from Oklahoma City) plopped down west of Public Square.

After last week’s NEOtrans articles about the height of Sherwin-Williams’ (SHW) base headquarters (HQ) building on Public Square, a rather important meeting was held this week. The subject? The height of the proposed SHW base HQ building, according to a source on the HQ development team.

UPDATED JAN. 5, 2021

Throughout the last two-plus years at the Sherwin-Williams (SHW) rumor mill, one of the favorite items of scuttlebutt has been the potential height of the new headquarters (HQ) building — or buildings.