Downtown Cleveland

[UPDATED 11-07-19]

Regarding one of Cleveland’s most anticipated real estate developments in many years, two high-level sources say that Sherwin-Williams (SHW) has chosen its site for a combined headquarters plus research and development facility.

Identifying where Sherwin-Williams’ (SHW) massive headquarters plus research and development (HQ+R&D) facilities might land requires lots of information. And the global coatings giant gathered a lot more detail this weekend.

Survey crews on Nov. 2-3 fanned out across 5.6 acres of parking lots owned by the Weston Group, a couple of blocks west of downtown Cleveland’s Public Square.

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.

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.

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.

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.