Development News – Page 51

Sherwin-William HQ+R&D project restarts; development team announced

Ken Prendergast / September 15, 2020

UPDATED WITH PRESS RELEASE INFO

Reports are coming out today that Sherwin-Williams (SHW) has restarted the development of its global headquarters plus research and development facilities (HQ+R&D). But the months-long pause has pushed back the project’s completion from 2023 to 2024. The reason is the global pandemic and the economic disruption that it is causing.

Sherwin-William HQ+R&D project restarts; development team announced Read More »

Glenville: massive rebuilding reaches nearly “every block”

2 Comments / Ken Prendergast / September 13, 2020

Case Western Reserve University student and NEOtrans contributor Tyler Kapusta has been working for the U.S. Census Bureau in recent weeks. Much of his work has him walking the streets of Cleveland’s Glenville neighborhood surveying residents. And what he’s seeing is remarkable.

Glenville: massive rebuilding reaches nearly “every block” Read More »

One-million-square-foot mixed-use project planned next to I-271

Ken Prendergast / September 12, 2020

Cleveland-area real estate developer Cannata Companies is making a major play at a 14.5-acre site next to Interstate 271 in Warrensville Heights. Envisioned is a 1-million-square-foot, $87-million mixed-use development called SilverPoint.

According to a SilverPoint presentation, the Dodge Reports and information from a preliminary massing graphic, the development could have structures potentially rising from four to 11 stories high for apartments, hotel, offices and ground-floor retail/restaurants.

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Bridgeworks project likely to retain historic Engineers buildings

Ken Prendergast / September 11, 2020

Developers of a proposed mixed-use real estate project at West 25th Street and Detroit Avenue are taking actions that show they are increasingly likely to preserve the three existing historic buildings on the site. But it isn’t yet certain how the buildings will be repurposed.

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University Circle towers’ financing secured, spring start eyed

Ken Prendergast / September 4, 2020

Seeing the $300 million Circle Square development back on Cleveland’s City Planning Commission’s docket again is great news for University Circle and the region. At the start of summer, it was uncertain whether the massive project would see the light of day again, or at least in so ambitious a scale.

University Circle towers’ financing secured, spring start eyed Read More »

NRP Group abandons Scranton Peninsula project

2 Comments / Ken Prendergast / September 2, 2020

A worldwide economic downturn and a shift in market approach have forced the NRP Group to abandon its plans to develop a 330-unit apartment-townhouse complex on Scranton Peninsula, across the Cuyahoga River from downtown Cleveland.

Among major cities, Greater Cleveland has suffered more pandemic-related job losses than all but three other cities — New York, Las Vegas and Boston. And NRP Group has been shifting its focus from developing market-rate housing to affordable and workforce housing,

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Mixed-use could boost proposed downtown office tower

1 Comment / Ken Prendergast / August 31, 2020

For six years, Stark Enterprises’ nuCLEus proposed development has always been about mixed use. But it is yet to be about construction. It could be about both if the uses were mixed in a single tower.

For its downtown Cleveland project in the Gateway District, it has proposed a mix of ground-floor retail, restaurants and entertainment topped by parking. Above that, the project has offered various layouts of offices, residential and hotel uses in several combinations — one tower, two towers and even two towers with a cantilevered bridge between them.

Mixed-use could boost proposed downtown office tower Read More »

Biz moving from suburbs to downtown Cleveland

Ken Prendergast / August 29, 2020

For the second time this month, there is news that a company is relocating office jobs from the suburbs to downtown Cleveland. Earlier this month, NEOtrans broke the news that digital marketer Fathom will relocate its headquarters and about 100 jobs from Valley View to the West Bank of the Flats.

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Rockefeller Building sold, new chapter begins

Ken Prendergast / August 27, 2020

Title to the Rockefeller Building in downtown Cleveland transferred today to a partnership that seeks to redevelop the historic edifice with housing, offices and ground-floor retail.

The 17-story building is located at 614 W. Superior Ave., across West 6th Street from the planned site of the new Sherwin-Williams headquarters. This purchase is the first what may be several spin-off investments directly resulting from the massive headquarters project.

Rockefeller Building sold, new chapter begins Read More »

Edgewater Hill project: signs of sudden growth

1 Comment / Ken Prendergast / August 22, 2020

UPDATED AUG. 24 WITH COMMENTS BY WAYNE JATSEK

For those watching the City Planning Commission’s virtual meeting yesterday, two examples of sudden growth were apparent. Both centered around a new apartment building project in the Edgewater Hill section of Cleveland’s Detroit-Shoreway neighborhood.

Edgewater Hill project: signs of sudden growth Read More »