NEOtrans business, development, real estate, construction and market trend news about Cleveland on the international arena
For the first time in years, the Cleveland Clinic Foundation is laying off 114 employees throughout the global health care system. But the number of pending layoffs in the context of the scale of the system is comparatively small and hiring in other departments continues, Clinic officials said today.
Read MoreCleveland Clinic to lay off 114 employees Read More »
Beyond the Cleveland Browns stadium debate, the Cleveland Cavaliers, city of Cleveland, Sherwin-Williams and more pushed projects forward on the lakefront across Northeast Ohio.
Read MoreTop Cleveland-area developments of 2024 Read More »
The Port of Cleveland and the maritime-dependent industrial sector are showing resiliency and growth as an economic force in Northeast Ohio, according to a new study commissioned by the Ohio Department of Transportation (ODOT). The latest analysis reveals the port and maritime sector generates more than 23,000 jobs and over $7 billion in economic impact, a notable increase of $2.3 billion since 2021.
Read MoreCleveland maritime sector is big business Read More »
If there was anyone who would be a perfect fit to take over the operation of a restaurant named Shooters, it would be a guy named Machine Gun Kelly. The riverside restaurant will reportedly be the singer and songwriter’s second establishment in Downtown Cleveland’s Flats entertainment district and is due to be renovated and reopened in the summer of 2025.
Read MoreMachine Gun Kelly aims for Shooters in Flats Read More »
If you are heading south from Cleveland Hopkins International Airport on State Route 237, you might be able to catch a brief glimpse of where a nearly $3 billion modernization program for the airport’s terminal is about to begin. But most people probably won’t even notice the building or when the work starts on upgrading its interior.
Read MoreHopkins Airport’s first terminal project takes off Read More »
As Case Western Reserve University (CWRU) approaches its 200th anniversary, just two years away, the growing college has just one megaproject on its syllabus for Cleveland’s University Circle — the $300 million Interdisciplinary Science and Engineering Building. So CWRU’s bicentennial legacy is to do what it has often done — prudently build when it needs to, not when it wants to. Even so, news of what the university is not building may come as a surprise.
Read MoreCWRU’s South Residential expansion stops Read More »
Cleveland was selected today by Bloomberg Philanthropies as one of 25 U.S. cities to join Bloomberg American Sustainable Cities (BASC) and be the recipient of $200 million divided roughly equally among them. BASC is a three-year initiative designed to leverage historic levels of federal funding to incubate and implement transformative local solutions to build low-carbon, resilient, and economically thriving communities.
Read MoreCleveland, other climate havens win Bloomberg bucks Read More »
New nonstop air service from Cleveland Hopkins International Airport (CLE) will be offered by Frontier Airlines to 10 additional destinations starting this May. Those destinations include New Orleans, Jacksonville, Houston, Myrtle Beach, Austin, Charleston, Savannah, Salt Lake City, Pensacola and Baltimore.
Read MoreCleveland getting 10 new nonstops from Frontier Airlines Read More »
Cleveland’s international water port took a significant stride this week toward the future as its board approved the allocation of $32.1 million in federal and state grants to help rehabilitate and modernize a key warehouse and upgrade electrical infrastructure at its General Cargo Terminal. This strategic move will ensure ongoing efficiency of port facilities and prepare the port for upcoming electrification efforts.
Read MorePort of Cleveland OKs $32M in site upgrades Read More »
A Cornwall, UK-based company called Blue Abyss Diving Ltd., has acquired land in the Cleveland suburb of Brook Park for a $250 million commercial astronaut training facility and hotel, according to public records and a press release from the company. According to an economic impact study commissioned from Kent State University, the British company’s investment here after 30 years could create or support up to 21,800 jobs, add $1.5 billion to residents’ incomes and increase total economic output by $3.6 billion.
Read MoreBlue Abyss lands next to NASA Glenn Read More »
