Why does Circle Square get love and nuCLEus doesn’t?

Ken Prendergast / September 23, 2020

Two births were noted in 2014. Ideas for a pair of major urban core real estate developments in Cleveland — nuCLEus and Circle Square — were set into motion, leading to much excitement and debate by everyone from urbanistas to media to fellow developers to elected officials.

Since those births six years ago, neither project has turned a shovel of dirt for new construction. Yet nuCLEus gets publicly criticized and doubted while Circle Square doesn’t. Is that fair? Let’s take a look at that….

Why does Circle Square get love and nuCLEus doesn’t? Read More »

Sherwin-William HQ+R&D project restarts; development team announced

Ken Prendergast / September 15, 2020

UPDATED WITH PRESS RELEASE INFO

Reports are coming out today that Sherwin-Williams (SHW) has restarted the development of its global headquarters plus research and development facilities (HQ+R&D). But the months-long pause has pushed back the project’s completion from 2023 to 2024. The reason is the global pandemic and the economic disruption that it is causing.

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NRP Group abandons Scranton Peninsula project

2 Comments / Ken Prendergast / September 2, 2020

A worldwide economic downturn and a shift in market approach have forced the NRP Group to abandon its plans to develop a 330-unit apartment-townhouse complex on Scranton Peninsula, across the Cuyahoga River from downtown Cleveland.

Among major cities, Greater Cleveland has suffered more pandemic-related job losses than all but three other cities — New York, Las Vegas and Boston. And NRP Group has been shifting its focus from developing market-rate housing to affordable and workforce housing,

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Mixed-use could boost proposed downtown office tower

1 Comment / Ken Prendergast / August 31, 2020

For six years, Stark Enterprises’ nuCLEus proposed development has always been about mixed use. But it is yet to be about construction. It could be about both if the uses were mixed in a single tower.

For its downtown Cleveland project in the Gateway District, it has proposed a mix of ground-floor retail, restaurants and entertainment topped by parking. Above that, the project has offered various layouts of offices, residential and hotel uses in several combinations — one tower, two towers and even two towers with a cantilevered bridge between them.

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Biz moving from suburbs to downtown Cleveland

Ken Prendergast / August 29, 2020

For the second time this month, there is news that a company is relocating office jobs from the suburbs to downtown Cleveland. Earlier this month, NEOtrans broke the news that digital marketer Fathom will relocate its headquarters and about 100 jobs from Valley View to the West Bank of the Flats.

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Rockefeller Building sold, new chapter begins

Ken Prendergast / August 27, 2020

Title to the Rockefeller Building in downtown Cleveland transferred today to a partnership that seeks to redevelop the historic edifice with housing, offices and ground-floor retail.

The 17-story building is located at 614 W. Superior Ave., across West 6th Street from the planned site of the new Sherwin-Williams headquarters. This purchase is the first what may be several spin-off investments directly resulting from the massive headquarters project.

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City Club Apartments tower may rise in November

Ken Prendergast / August 20, 2020

UPDATED AUG. 21, 2020

If you missed seeing construction cranes over downtown Cleveland, you may not have to wait long for their return. With the city’s approval of final designs tomorrow for the City Club Apartments, the first of several cranes likely in 2021 could sprout in the spring.

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LockKeepers, Marble Room, Il Venetian face uncertain futures

Ken Prendergast / August 20, 2020

Six of Greater Cleveland’s swankiest establishments that share the same owner have not reopened from the Coronavirus shutdown. Several sources with direct knowledge of the businesses’ operations and finances said they doubted all of the establishments would reopen under their current ownership.

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Cleveland’s next ‘whale’ may eat more land than first thought

Ken Prendergast / August 12, 2020

While the steering committee is away, the consultants will play. But the consultants are getting ready to give a report on their findings about a new Justice Center. And what they have to say will bring into sharper focus the realistic sites for a new downtown courthouse as well as a new jail.

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Financially-supporting-public-transportation

Downtown residents support new way to fund transit, downtown’s growth

Ken Prendergast / August 8, 2020

Downtown Cleveland Residents (DCR), a community relations board, recently voted to support a rising need for more investment in public transportation, but in an innovative way that boosts economic growth and access to opportunity. Greater Cleveland needs more of both yet funding for public transportation from riders and from all levels of government has been in decline.

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