Economic trends

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

State lawmakers want Browns in Brook Park

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Barring a surprise, the last of the big hurdles appears ready to be surpassed for the Cleveland Browns football team’s move from downtown to Brook Park. Yes, there’s a million other things that can happen or not happen in the next year before financing might close and construction contractors are given the green light. But most of those hinge on events occurring now at committee hearings in our state’s capital.

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GOP Congressmen urge moving NASA’s HQ and its 2,500 employees to Cleveland

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Both of Ohio’s U.S. senators and 11 of its 15 Congressional representatives urged in a joint letter yesterday to Vice President J.D. Vance and NASA Director Jared Isaacman to relocate the space agency’s 2,500-employee headquarters to Ohio, specifically to Cleveland, after its Washington DC HQ lease expires in 2028.

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Cleveland’s new hot spot: BVQ District. Here’s why…

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There’s an underutilized 50-acre area on Cleveland’s near-West Side dubbed the BVQ District. It is surrounded by Ohio City, Tremont and the La Villa Hispana section of Clark-Fulton. All of those neighborhoods have seen, and continue to see a lot of investment. BVQ has been walled off from that activity by Interstate 90 and the Red Line tracks. But like water overtopping a dam, soon that dam is going to break.

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Tick Tock Tavern leased by Sausalito On 9th owner

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A public record filed this week provided the first indication that the space which housed the Tick Tock Tavern in Cleveland’s Edgewater neighborhood has a new lease on life. The owner of Downtown Cleveland’s Sausalito on Ninth was notified by the city that his plan to start renovating the recently closed, eight-decade-old tavern was approved.

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Cleveland soccer stadium to move forward

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Cleveland Soccer Group (CSG) today announced plans to build a stadium to host men’s and women’s professional soccer games in Cleveland in 2026, with the proposed development of a new 10,000-seat South Gateway Stadium in Downtown Cleveland. This is intended to coincide with a new announcement in the coming weeks regarding Cleveland securing a new women’s pro soccer team.

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Staff reductions to hit Sherwin-Williams HQ

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With Sherwin-Williams due to move into its new headquarters tower in Downtown Cleveland later this year, there may be fewer managers making that move. That’s according to two company sources who told NEOtrans on the condition of anonymity that Sherwin-Williams is downsizing its headquarters staff, primarily through early retirements and/or voluntary layoffs.

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Cleveland competed for Canon — and won

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When the Ohio Tax Credit Authority on Monday approved financial assistance to Canon Healthcare USA Inc. for its new headquarters in Cleveland, state officials revealed that Ohio wasn’t the only state that was focused on the Japanese-based imaging company. NEOtrans also learned details of Canon’s property lease with the Cleveland Clinic Foundation which helped secure the new HQ.

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Canon Healthcare buys Cleveland building for HQ

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Canon Healthcare USA, Inc., a subsidiary of Canon Inc., today announced its acquisition of an established building for its headquarters, adjacent to Cleveland Clinic’s main campus in Cleveland’s University Circle district. This purchase has been in the works for some time and NEOtrans had reported recent progress toward the deal earlier this month.

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Universities worldwide compete to redesign Cleveland’s Lake Shore Power Plant site

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With deference to the classic movie “Casablanca,” of all the abandoned industrial sites in North America, the Urban Land Institute’s (ULI) Hines Student Competition picked Cleveland’s vacated Lake Shore Power Plant site as the canvas for its 2025 design competition. Four finalists were announced today in the competition that drew 82 entries from universities worldwide, with the winner to be named April 3 in Cleveland.

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