News Category
A decaying, aging hulk of a building in or near downtown today could be tomorrow’s next premier, Class A office space. Why? Because that’s the most economical way that new office space can be added to Cleveland’s Central Business District (CBD).
Read MoreRebuilding Cleveland’s CBD office supply Read More »
For those of us who were expecting Sherwin-Williams’ (SHW) new global corporate headquarters plus research and development facility to be Cleveland’s newest, tallest skyscraper, we may be disappointed. That’s more of a statement of about what the new HQ+R&D might look like than where it might be built.
Read MoreShaping up Sherwin-Williams new HQ, R&D facilities Read More »
Since spring, Greater Clevelanders have been hearing that the sale and reactivation of two massive, idled auto plants in the area to a single buyer will be a “game-changer” for the economy of this region. There were more than 15 potential buyers with many showing interest in reusing both factories in a positive way.
Read MoreFuture of two idled Cleveland-area Ford plants looks electric Read More »
After shedding its partner Trammel Crow Co., things are starting to move a little faster for Cumberland Development LLC. when it comes to its lakefront development project. Demolition for and construction of the lakefront project is due to start in January.
Read MoreLakefront development project to start this winter Read More »
Without state financing and a tax exemption for its project, the developer of a $175 million, mixed-used development has decided to scale back the project by about one-third – at least at the outset.
Harbor Bay Real Estate Advisors, LLC is hoping for the city to approve a conventional, 15-year, 100-percent tax abatement for the residential portion of its Market Square project. If that happens, a seven-story apartment building with ground-floor retail
Market Square project to shrink by about one-third Read More »
It’s still early in the game, but a few sites in downtown Cleveland are being considered by the Haslam family, owners of the Cleveland Browns, for a large, stadium-oriented development zone. The planning process is just getting underway with an eye toward 2029 — the year the team’s lease ends with the city for use of First Energy Stadium.
Read MoreStadium sites are as much about development Read More »
Cleveland Vibrator Co., one of the most recognizable names in local manufacturing, will move its operations to the city’s Old Brooklyn neighborhood. In its place will be what amounts to the fourth phase of Snavely Group’s ever-growing Hingetown development.
Read MoreSnavely, investors acquiring Vibrator site for Hingetown project Read More »
Like a tree at risk of getting chopped down, a $175 million development in the heart of Cleveland’s Ohio City neighborhood was in danger of being felled. But instead of hearing the cry “Timber!” Clevelanders should soon see a new plan released for the construction of buildings here.
Read More$175 million Market Square development gets new life Read More »
After months of denials, Sherwin-Williams (SHW) finally has acknowledged publicly and officially that it is seeking a new home for its global headquarters and research-development facilities.
In a press release shared today, SHW Chairman and Chief Executive Officer John G. Morikis admitted what has been reported here at NEOtrans for nearly a year — that the global coatings giant has outgrown its scattered offices throughout Greater Cleveland and is looking for a new HQ+R&D.
Sherwin-Williams finally admits new HQ, R&D site search Read More »
The latest word on the proposed $350 million nuCLEus development is that its partnership appears to be waiting on the Ohio General Assembly’s passage of a new financial incentive. That’s according to a source with the City of Cleveland. Others in the real estate investment community confirm that the project is on hold.
Read MoreNuCLEus may be on hold for years Read More »
