Downtown Cleveland

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

15 women investors back Cleveland’s NWSL bid

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Cleveland Soccer Group (CSG), which submitted a bid for Cleveland to be awarded a National Women’s Soccer League (NWSL) expansion team, announced today that it is being backed by a group of 15 local, influential businesswomen as investors. However, the money they have raised thus far has not be publicly disclosed. If successful, this would be Ohio’s first women’s professional soccer team.

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It’s Brook Park

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In the coming weeks, the owners of the Cleveland Browns will reveal their plans to build a $3.6 billion domed stadium and associated development in the Cleveland suburb of Brook Park. According to public sector sources familiar with the plans, owners Jimmy and Dee Haslam have their capital funding identified for the stadium and a small first phase of development.

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Cleveland Moves plan seeks resident input

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The City of Cleveland recently launched public engagement for Cleveland Moves — the city’s five-year multimodal transportation plan. Cleveland Moves will create a strategy that builds on the city’s ongoing work to make it safer, more comfortable, and more convenient to walk, bike, and take transit in the city. A presentation about the planning process and its goals was delivered yesterday to the City Planning Commission.

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Mayor Bibb’s offer to Browns may be last-ditch effort

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Cleveland Mayor Justin Bibb sent a letter today to Jimmy and Dee Haslam, owners of the Cleveland Browns, urging them to stay in Downtown Cleveland. Bibb also publicized the city’s $461 million contribution to renovate Cleveland Browns Stadium to show to the public that the city has made a strong financial offer to the National Football League team. But that might not be enough to keep the Browns at the deteriorating lakefront stadium.

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Adding ridership generators to the Waterfront Line

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Over the next two months, a Cleveland State University study will identify untapped lands in Downtown Cleveland along the inactive light-rail Waterfront Line and consider how to encourage their development for the benefit of the lakefront and the transit line. The findings could ultimately be incorporated into the city’s lakefront plan which has yet to be finalized.

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Elections board to the ex-Plain Dealer building?

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While not as controversial or as impactful as the county’s pending moves of its consolidated jail or courthouse facilities, the new site of the Cuyahoga County Board of Elections (BOE) could boost its new surroundings. With up to 200 permanent employees, hundreds more at election time and many more visitors for early voting, the positive and negative impacts on the BOE’s new surroundings could be significant.

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North Coast Waterfront Development Corp. names its first executive director

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Over the decades, one of the biggest barriers to developing Downtown Cleveland’s lakefront with public and private amenities was the lack of a staff dedicated to that purpose. That barrier began to come down today with the hiring of the first staff-person to lead the new North Coast Waterfront Development Corporation (NCWDC).

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Jones Day’s downtown offices on the move?

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Aside from a few rarities like Sherwin-Williams, not many corporate citizens stay in one office building for multiple decades. They are constantly growing or shrinking, their buildings get new owners, their corporate culture changes, or their biggest clients move. Another rarity is Cleveland’s largest law firm, Jones Day, which is entering its fourth decade in the same building, 901 Lakeside Ave., called North Point I.

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