Economic trends

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

Warner & Swasey faces $2M gap, needs help

Perhaps as early as Monday, affordable housing developer Pennrose LLC of Philadelphia will get a deed and the keys to the hulking mass of brick. concrete, steel and memories that is the Warner & Swasey Co. factory, 5701 Carnegie Ave. The hope since 2018 has been to turn this long-vacant site into affordable housing. But if money was as abundant as hope for this property, its redevelopment wouldn’t have experienced a new, $2 million setback.

Read More

Warner & Swasey faces $2M gap, needs help Read More »

Great Lakes Brewing Co. looks to the suburbs, again

In the latest episode of “where are they looking now,” Great Lakes Brewing Company (GLBC) reportedly has its eye on a site in suburban Westlake near the Interstate 90-Columbia Road interchange for a new production facility. But the deal isn’t done and the city of Cleveland reportedly is striving to keep one of Ohio’s largest craft brewers in the city.

Read More

Great Lakes Brewing Co. looks to the suburbs, again Read More »

Downtown steam plant to be razed, redeveloped

Eight redevelopment project sites won a total of nearly $18 million from the Ohio Department of Development’s Brownfield Program so the sites can be cleaned up and, in some cases, their existing structures are to be demolished. One of those where demolition is planned is the former Cleveland Thermal steam plant, 2274 Canal Rd., in Downtown Cleveland.

Read More

Downtown steam plant to be razed, redeveloped Read More »

Two new Hough developments sell for $30M

In a $30.6M deal, a national real estate investment firm added 119 newly constructed apartments in Cleveland’s Hough neighborhood to its growing portfolio. New Jersey-based Reynolds Asset Management acquired Park Lamont, 9606 Lamont Ave., and The Lumos, 1866 E. 93rd St. Both are located a short walk or bike ride from jobs and classrooms in booming University Circle.

Read More

Two new Hough developments sell for $30M Read More »

Glenville Job-Ready Site more than doubles in size

Too much is never enough. When you’re marketing land to new end-users, you can’t have enough clean, developable land in the urban core. And one of the largest, if not the largest in the city of Cleveland has just been assembled by the Cuyahoga Land Bank. The site is located at 12610 Kirby Ave. in Cleveland’s Glenville neighborhood, bordering on Collinwood.

Read More

Glenville Job-Ready Site more than doubles in size Read More »

Miceli Dairy anticipates doubling its employment

When Miceli Dairy Products, 2721 E. 90th St. in Cleveland, broke ground today for the expansion of its new cold storage facilities, it also teased a follow-on project — a planned new research center plus mozzarella cheese manufacturing plant next to the Opportunity Corridor Boulevard. These additions in the coming years are anticipated to double Miceli’s current employment of 250 people.

Read More

Miceli Dairy anticipates doubling its employment Read More »

Polling data shows voters oppose Browns move

One day after the region’s chamber of commerce announced its support for the construction of an enclosed stadium in Brook Park, a poll of likely voters in Cuyahoga County was leaked to NEOtrans, showing most of those voters opposed the Cleveland Browns leaving downtown for the suburbs. The poll also said that opposition was putting at risk a county sin tax to repair facilities for all of Cleveland’s major sports teams.

Read More

Polling data shows voters oppose Browns move Read More »

Scroll to Top