Economic trends

Trending News in Northeast Ohio jobs, economy, labor, immigration, and population

2025 is the year Cleveland returns to the office

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For better or worse, for richer or poorer, many of us are about to rediscover our relationship with the office. Some of us never left. Others left and aren’t coming back. But an increasing number of Americans and Greater Clevelanders will be coming back to the office in 2025, for the first time since the COVID-19 pandemic caused employers to dabble with remote or hybrid working.

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Fairview Hospital’s North Campus plan gets Rx

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Although a conceptual plan for Fairview Hospital’s North Campus $150 million redevelopment won unanimous support from Cleveland Planning Commission on Friday, commissioners attached a few conditions to it. At the same meeting, the commission also recommended that Cleveland City Council approve rezoning the hospital’s properties with a more appropriate classification. The hospital is located at 18101 Lorain Ave. in Cleveland’s Kamms Corners neighborhood.

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Cleveland NWSL bid falls short, seeks future team

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Denver appears to have outbid its nearest rivals, including Cleveland and Cincinnati, for the 16th expansion team in the National Women’s Soccer League (NWSL). A Denver-based ownership group is reported to be exclusively negotiating a $105 million to $120 million fee to land the team — or roughly double the previous record high expansion fee of $53 million paid last year by a Boston group.

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Cleveland maritime sector is big business

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The Port of Cleveland and the maritime-dependent industrial sector are showing resiliency and growth as an economic force in Northeast Ohio, according to a new study commissioned by the Ohio Department of Transportation (ODOT). The latest analysis reveals the port and maritime sector generates more than 23,000 jobs and over $7 billion in economic impact, a notable increase of $2.3 billion since 2021.

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Tick Tock Tavern closing after 75+ years

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It’s not often that a restaurant survives more than a few years. Rarer still is the restaurant that lasts nearly eight decades. Tick Tock Tavern, which has been at the same location, 11526 Clifton Blvd., in the Edgewater neighborhood of Cleveland since the year before the last electric streetcars rumbled by in 1948, is set to close its doors forever in just 12 days.

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Centennial still alive, among Ohio Brownfield winners

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Without any visible activity in nearly two years, rumors circulated throughout Cleveland’s development community that the roughly $500 million Centennial redevelopment, 925 Euclid Ave. in Downtown Cleveland was dead. Similar rumors circulated about the fate of the Rockefeller Building, 614 W. Superior Ave., and renovations to Rhodes Tower, 2124 Chester Ave., one of the projects in Cleveland State University quieted development master plan.

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Three vacant drugstores, three possible outcomes

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In Councilman Danny Kelly’s Ward 11 on Cleveland’s West Side, there are three vacant drugstores. Each is facing a different potential outcome. A former CVS on Madison Avenue at West Boulevard may be replaced by a fire station after a gas station was rejected by the neighborhood. An abandoned Rite Aid at West 117th Street and Lorain Avenue may become a senior center. And a vacant Walgreens at West 130th Street and Bellaire Road could turned into a supermarket with a gas station.

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