NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area
A source close to ongoing property negotiations said Sherwin-Williams could decide in “the next week or so” between two downtown Cleveland sites for its new global headquarters plus research and development facility.
Read MoreSherwin-Williams HQ+R&D is down to two sites; decision due soon Read More »
Skyline-changing legislation has suddenly sparked back to life in the Ohio legislature. Substitute Senate Bill 39, to create a tax credit for insurance companies to invest in Transformational Mixed Use Developments (TMUDs), could aid several big real estate developments in Cleveland.
Read MoreTMUD tax credit could be law in November; help big Cleveland projects Read More »
Cleveland-based NRP Group has submitted to the city revised plans for its Scranton Peninsula development, after an earlier version was rejected by the City Planning Commission as having too much surface parking and looking too suburban.
Read MoreScranton Peninsula’s first major project gets a little denser Read More »
Not only will Sherwin-Williams’ new headquarters plus research and development facilities be located in downtown Cleveland, but the coatings giant also has chosen its construction manager, learned the amount of its public incentives package and set its deadline for announcing its HQ+R&D site.
Read MoreSherwin-Williams HQ+R&D will be in downtown Cleveland Read More »
If you were the chief executive officer of a major corporation that is about to build a new global headquarters in a new location, would you build a brand-new mansion for your primary residence right now? And if you did, where would you build it?
Chances are, you’d probably build it in the same metro area where your new headquarters will be located.
Read MoreSherwin-Williams HQ and CEO are finding new homes 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 »
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 »
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 »
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 »
