Downtown Cleveland

NEOtrans business, development, real estate, and construction news from the Downtown Cleveland area

Will Sherwin-Williams’ HQ be a pretty bunker?

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To sit or not to sit, that was the question that caused the biggest debate today among members of a design-review panel of Cleveland’s City Planning Commission prior to supporting landscaping and site amenity plans for Sherwin-Williams’ (SHW) new global headquarters. The question became a point of debate over concerns of whether adding benches to the outdoor areas of the downtown HQ would attract homeless people to sleep there as is already the case at locations throughout the adjacent Public Square.

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Bridgeworks wins Landmarks OK, awaits financing

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Final design of a 15-story mixed-use tower that’s proposed to be built at the west end of the Detroit-Superior Bridge was narrowly approved today by Cleveland’s Landmarks Commission. But whether the project actually gets built reportedly will depend on whether the project, called Bridgeworks, will win a “megaprojects” tax credit from the state in a few weeks.

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Is UC becoming Greater Cleveland’s top jobs hub?

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For the first time in 200 years, Downtown Cleveland is at risk of losing its position as the region’s top employment hub. And in so doing, it would also no longer be Ohio’s top job hub, too. Downtown Cleveland has held the region’s top ranking since the days before the Ohio Canal opened for business in 1832, making downtown Cleveland the state’s reigning economic powerhouse.

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GE may demolish historic factory, incubator in Cleveland

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A sprawling factory complex on Cleveland’s near-East Side is proposed to be demolished by its owner of the last 130 years, General Electric (GE). The Design Review Committee of Cleveland’s City Planning Commission will hear a presentation this week by GE’s engineering consultant Stantec on why it should approve demolition of the factory, called the Euclid Lamp Plant, 1814 E. 45th St. But not everyone agrees the factory has to be razed before the property can be sold by GE.

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GCP’s new web tool gives development insights

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A new Web-based development tool went live today to give prospective real estate investors more information on where and what is going on around sites in which they may be interested. The tool, developed by the Greater Cleveland Partnership and City Architecture of Cleveland, is available to the public free of charge and without any registration required.

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McDonald Hopkins investing $8M in Fifth Third Center

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After announcing its intentions to stay at its current offices in downtown Cleveland, McDonald Hopkins LLC is doing more than just staying put. Last week it submitted architectural documents to the city’s Building Department for an $8 million renovation of its headquarters site. The 92-year-old law firm had considered relocating to other buildings, both new and planned, real estate insiders said.

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Death of Public Square’s parking lot

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Work crews this week began pulling up asphalt pavement from the parking lot on Public Square in downtown Cleveland, ending a three-decade use that some urbanists considered an embarrassment to the city. It is the last of three project component sites to see construction start for the new Sherwin-Williams (SHW) headquarters. Work is now occurring on each of the three sites simultaneously with a eye toward completion in late-2024.

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Campaign arrives to expand Cleveland Amtrak service

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The Northeast Ohio Areawide Coordinating Agency (NOACA), Downtown Cleveland Alliance (DCA) and Cleveland Neighborhood Progress (CNP) are advocating to expand Cleveland’s Amtrak service into a central passenger rail line. As the economic powerhouse of Northeast Ohio, Downtown Cleveland is home to the state’s largest jobs hub and residential downtown area, making it central to business, housing and events, and a critical access route within the region and beyond. The organizations are joining forces to seek community input and support for the initiative through a survey, running through the month of August.

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Bedrock: downtown streetscapes coming

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Cleveland was once called the “Forest City” because of its many large, healthy trees along its major thoroughfares. One would never know that today after 150 years of industrialization and then neglect in the city’s post-industrial era. Now, there are many parts of the city that are devoid of mature trees, notably downtown where the lack of vegetation makes the central business feel hotter in summer and more windy in winter. But Bedrock Real Estate of Detroit has released plans to make downtown sidewalks more hospitable, or at least those fronting its own properties in the city’s urban core.

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