Cleveland East

NEOtrans business, development, real estate, construction and market trend news from the East side of Cleveland

Canon Healthcare buys Cleveland building for HQ

Canon Healthcare USA, Inc., a subsidiary of Canon Inc., today announced its acquisition of an established building for its headquarters, adjacent to Cleveland Clinic’s main campus in Cleveland’s University Circle district. This purchase has been in the works for some time and NEOtrans had reported recent progress toward the deal earlier this month.

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Universities worldwide compete to redesign Cleveland’s Lake Shore Power Plant site

With deference to the classic movie “Casablanca,” of all the abandoned industrial sites in North America, the Urban Land Institute’s (ULI) Hines Student Competition picked Cleveland’s vacated Lake Shore Power Plant site as the canvas for its 2025 design competition. Four finalists were announced today in the competition that drew 82 entries from universities worldwide, with the winner to be named April 3 in Cleveland.

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University Circle tower goes back to drawing board

Design review of East Stokes, what would be University Circle’s tallest building, was moving along at a rapid clip last fall. Things were moving so quickly that the development team, led by PCP Voyager, anticipated that if City Planning Commission could approve the final plans by Thanksgiving, a spring groundbreaking of 24-story apartment tower might be possible.

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Canon Healthcare USA picks Cleveland for HQ

Over the past several years, Canon Healthcare USA was considering multiple locations inside and out of Greater Cleveland for its new headquarters. While most real estate insiders believed it would land at the former IBM Explorys headquarters, 10500 Cedar Ave., in Cleveland’s University Circle, it was not a done deal. With the city’s passage of a job creation income tax credit last night, it now appears to be.

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New East-Side fieldhouse due at Breakthrough School

Having affordable, comfortable places for the community to gather for events, sports and even voting can be hard to find in Cleveland’s Kinsman and Woodland Hills neighborhoods. But that could soon change for the better based on plans for a new fieldhouse at Breakthrough Schools’ Woodland Hills Campus, 9201 Crane Ave. Those plans were submitted this week to the city’s Building Department.

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