Trending News in Northeast Ohio jobs, economy, labor, immigration, and population
Coastal cities have one thing in common — a tendency to build more high-rise buildings along their waterfronts. In real estate, where location is all-important, few things attract investment more than an accessible waterfront. That’s true for shorelines on oceans, Great Lakes and major rivers.
Read MoreCleveland is rising higher on the waterfront Read More »
At first blush, it sounded like such a rosy story.
The headline in the June 8 Wall Street Journal read “Cleveland Is a House-Flipping Hot Spot, and Covid Adds Fuel.” Its central theme was that Greater Cleveland has become one of the most profitable places in the country to flip houses and own rentals. Investors have been redirecting their dollars from pricey coastal real estate markets and investing them in Cleveland. A happy story, right?
Read MoreA new housing crisis is hitting Cleveland, anonymously Read More »
License plate watchers in Greater Cleveland are having fun this summer checking out all of the out-of-state plates on the metro area’s roads. And there’s lots of out-of-state plates to see — from New York, New Jersey, Illinois, California, plus other states, as well as the usual ones from neighboring Michigan and Pennsylvania.
Read MorePandemic, family, tech, cost draw new residents to Greater Cleveland Read More »
As jobs start to come back following the pandemic-related economic shutdown, there are also new jobs coming online for Greater Cleveland. These aren’t restored jobs; they are jobs resulting from economic growth in sectors that were either unaffected by the shutdown or they are structural changes from employers seeking lower-cost ways of doing business.
Read MoreLots of good long-term economic news for Greater Cleveland Read More »
UPDATED APRIL 10, 2020
While the temporary scaling back of spending for the Sherwin-Williams’ (SHW) new headquarters+research (HQ+R&D) project is probably the most notable impact from the coronavirus crisis, it isn’t the only one in Greater Cleveland.
Read MoreCoronavirus crisis casualties in Cleveland real estate Read More »
UPDATED MARCH 16, 2020
As successful investor Warren Buffet says, “Be greedy when others are fearful.”
So are Greater Cleveland’s real estate developers fearful or greedy as Ohio and the country goes into Coronavirus emergency? And what might be the long-term implications of the pandemic on pending real estate developments?
Read MoreHow the Coronavirus is affecting construction in Cleveland Read More »
The Ohio House of Representatives’ Economic and Workforce Development Committee today could accept major changes to a bill designed to create a Transformational Mixed Use Development (TMUD) tax credit to kick-start real estate mega-projects.
Read MoreOhio mega-project bill gets more complex, more backers Read More »
More than 650 headquarters jobs could be on track to move to downtown Cleveland with hundreds more possible resulting from future growth. But in this instance, it’s not from the paint/coatings firm that’s known for covering the Earth. Instead, this news is about another fast-growing Greater Cleveland business that has outgrown its existing HQ.
Read MoreUp to 1,000 HQ jobs may come to downtown Cleveland Read More »
When it comes to describing Ohio’s economy, there’s the 3Cs and then there’s everyone else. With a few exceptions, if you want to find a job in Ohio, the best place to look is Ohio’s three largest metropolitan areas — Columbus, Cincinnati and Cleveland.
Consider that, since the start of 2015, Ohio has gained 227,000 jobs, according to the U.S. Bureau of Labor Statistics. The 3Cs accounted for 216,000 of those new jobs.
Read MoreOhio’s largest metros are carrying the state’s economy Read More »
Most Downtown Cleveland’s skyscraper builders took a nearly 20-year nap between 1992 to 2010. That was after they finished Key Tower and the Fifth Third Bank (formerly Bank One) Tower and they started the Ernst & Young Tower at Flats East Bank.
Read MoreReturn of the Roaring 20s: downtown Cleveland development Read More »
