Cleveland International

NEOtrans business, development, real estate, construction and market trend news about Cleveland on the international arena

Cleveland’s waterfronts: The New Year’s story

A $1.1 billion Neurological Institute on Cleveland Clinic’s Main Campus will be structurally completed. Downtown’s new 616-foot-tall Sherwin-Williams headquarters tower, part of the coatings company’s $860 million “Building Our Future” initiative, will see its ribbon cut. And construction is due to start on the Haslam Sports Group’s $2.4 billion enclosed stadium in Brook Park.

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CSU abruptly ends U-Pass deal with GCRTA

Cleveland State University (CSU) notified its students this morning by e-mail that it will immediately discontinue its participation in the Greater Cleveland Regional Transit Authority’s (GCRTA or RTA) U-Pass program. This program provided to CSU students vastly discounted monthly GCRTA passes which they could use for other transportation — to work, medical appointments, grocery shopping and more.

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Sinito walks away from running Millennia

Frank Sinito Sr., founder of Millennia Companies, has stepped away from managing the day-to-day business of one of the nation’s largest owners and managers of affordable housing properties. In announcing this and other leadership changes, the company said it will be selling off parts of its affordable housing portfolio and expanding investments into market-rate housing.

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Ohio teams support DeWine’s stadium funding plan

Fifteen of Ohio’s professional sports teams from among the major and minor leagues joined together in sending a letter to state leadership, expressing support for Gov. Mike DeWine’s proposed process to allocate funding for sports facility projects through House Bill 96 and the Ohio Unclaimed Funds proposal. But, noticeably absent were the two teams with the largest stadium funding requests.

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Cleveland Airport project’s first two steps take off

Ten days ago, Mayor Justin Bibb announced a $1.6 billion plan to construct the Cleveland Hopkins International Airport’s Terminal Modernization Development Program (TDMP). Today, more details came to light about that plan, called CLEvolution, as the City Planning Commission unanimously approved the first two steps forward in that eight-year program.

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