News Category – Page 88

Ohio’s largest metros are carrying the state’s economy

3 Comments / Ken Prendergast / January 26, 2020

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.

Ohio’s largest metros are carrying the state’s economy Read More »

New downtown courthouse tower, nearby jail campus comes into focus

4 Comments / Ken Prendergast / January 24, 2020

One of Greater Cleveland’s largest real estate development projects is coming into focus. And no, it’s not just the Sherwin-Williams headquarters and research facilities. But both are what real estate professionals call “whales.”

New downtown courthouse tower, nearby jail campus comes into focus Read More »

Sherwin-Williams HQ+R&D site news may wait until next month

3 Comments / Ken Prendergast / January 22, 2020

A curveball thrown at Sherwin-Williams (SHW) regarding its favored research and development (R&D) facility development site has forced the global coatings giant to postpone announcing where it will put its R&D and headquarters (HQ) facilities.

Sherwin-Williams HQ+R&D site news may wait until next month Read More »

Return of the Roaring 20s: downtown Cleveland development

1 Comment / Ken Prendergast / January 20, 2020

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.

Return of the Roaring 20s: downtown Cleveland development Read More »

Cleveland & Brecksville vie for Sherwin-Williams R&D after deal dies

2 Comments / Ken Prendergast / January 18, 2020

Three sources confirm that a deal for Sherwin-Williams’ (SHW) favored site in Cleveland for a consolidated research and development (R&D) facility is dead. Now, the question is where will the facility staffed by about 1,000 scientists, engineers and researchers land?

Cleveland & Brecksville vie for Sherwin-Williams R&D after deal dies Read More »

Two new jobs that could change Cleveland’s landscape forever

Ken Prendergast / January 17, 2020

The creation of two jobs can change a region in a significant way. Cases in point are two medically related positions — one that was just filled and the other that was recently advertised.

Yesterday, Cleveland State University (CSU) hired a new employee that will probably be a game changer for Cleveland and Northeast Ohio. It could ultimately lead to thousands of new jobs. Yes, thousands.

Two new jobs that could change Cleveland’s landscape forever Read More »

Ohio real estate megaproject tax credit may advance in February

1 Comment / Ken Prendergast / January 16, 2020

Legislation that would aid Ohio real estate megaprojects and create thousands of jobs could advance in the Ohio House of Representatives next month, according to a spokesman for State Rep. Paul Zeltwanger, chair of the House’s Workforce & Economic Development Committee.

Ohio real estate megaproject tax credit may advance in February Read More »

Two more apartment buildings coming to Battery Park

1 Comment / Ken Prendergast / January 15, 2020

As first reported here at NEOtrans last month, a Columbus developer is pursuing its first Cleveland real estate project in the Battery Park section of the Detroit-Shoreway neighborhood. The site is south of Edgewater Park and north of Gordon Square along West 70th and 73rd streets.

Two more apartment buildings coming to Battery Park Read More »

Cleveland’s industrial past may shun Sherwin-Williams R&D; but HQ is safe

7 Comments / Ken Prendergast / January 13, 2020

In an old, post-industrial city like Cleveland, toxins from its manufacturing past exist below the surface and slow the city’s efforts to revitalize. The latest project affected is Sherwin-Williams (SHW) proposed site for its new, consolidated research facilities.

Cleveland’s industrial past may shun Sherwin-Williams R&D; but HQ is safe Read More »

Another residential tower continues Euclid Avenue’s boom

Ken Prendergast / January 10, 2020

The Michigan-based chain of City Club Apartments has acquired enough capital to move forward with a proposed 23-story apartment tower at 720 Euclid Ave. in downtown Cleveland. It would be the third new-construction apartment tower to rise on Euclid Avenue downtown since 2018.

Another residential tower continues Euclid Avenue’s boom Read More »