NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
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.
Read MoreBiz moving from suburbs to downtown Cleveland Read More »
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.
Read MoreRockefeller Building sold, new chapter begins Read More »
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.
Read MoreCity Club Apartments tower may rise in November Read More »
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.
Read MoreLockKeepers, Marble Room, Il Venetian face uncertain futures Read More »
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.
Read MoreCleveland’s next ‘whale’ may eat more land than first thought Read More »
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.
Read MoreDowntown residents support new way to fund transit, downtown’s growth Read More »
In the absence of renderings or other official news from Sherwin-Williams (SHW), Greater Clevelanders anxiously await the next little tidbit about their planned new downtown headquarters and suburban research facilities.
That little tidbit arrived in the past week, albeit not in a verbal or written form. Instead, it came from crews digging in a part of the downtown HQ site on the northeast corner of West 6th Street and West Superior Avenue. But the work wasn’t for construction — at least not yet.
Read MoreSherwin-Williams HQ could offer two large buildings Read More »
Reopening of the downtown Cleveland Heinen’s grocery store is delayed another month from earlier estimates. Previously, sources said the full-service store would open up again by early August. The store closed following the riots that hit numerous cities nationwide, including Cleveland, May 30.
Read MoreDowntown Heinen’s store reopening delayed Read More »
According to three sources who agreed to speak off the record, Flats West Bank property owner Jeff Jacobs may sell 5.6 acres of prime riverfront land near downtown Cleveland to a Columbus-based real estate developer or a partner thereof.
CASTO, which focuses on urban developments from Ohio to Florida, has expressed interest in acquiring or otherwise developing the land with a significant, multi-building, mixed-use development on the site. The land currently is used as a vast surface parking lot north of Jacobs’ Nautica Entertainment Complex that includes the Powerhouse at Nautica.
Read MoreColumbus developer has big plans for Flats West Bank Read More »
According to several sources, a development partnership is acquiring the Rockefeller Building, 614 W. Superior Ave., in downtown Cleveland and will redevelop the historic office building with micro-unit apartments, offices, retail and parking.
Read MoreRockefeller Building to start new life with housing, offices Read More »
