NEOtrans business, development, real estate, construction and market trend news about Cleveland on the international arena
Northeast Ohio’s ambitious goal of becoming a national epicenter for advanced materials and industrial innovation over the next decade, with the goal of creating 20,000 manufacturing jobs, has advanced to the next stage.
Read MoreCWRU-led effort a finalist for $160M advanced manufacturing program Read More »
A large-scale sale-leaseback of 24 facilities in Ohio and Florida is underway, and it’s Greater Cleveland’s largest employer that’s initiating it. The sale-leaseback was sought by Cleveland Clinic, and the buyer is MedCraft HealthCare Real Estate. a suburban Minneapolis-based health care real estate company.
Read MoreCleveland Clinic sells, leases back 24 facilities Read More »
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.
Read MoreCSU abruptly ends U-Pass deal with GCRTA Read More »
Officials from the Port of Cleveland have signed a strategic agreement with those of Shannon Foynes Port Company (SFPC), Ireland’s second-largest port operator, to strengthen trade ties and unlock new business and economic opportunities between the Great Lakes region and Europe.
Read MorePorts of Cleveland, Shannon Foynes to link USA, EU Read More »
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.
Read MoreSinito walks away from running Millennia Read More »
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.
Read MoreOhio teams support DeWine’s stadium funding plan Read More »
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.
Read MoreCleveland Airport project’s first two steps take off Read More »
New estimates from the U.S. Census Bureau show that, while population in Greater Cleveland edged up a bit for the second straight year, the metro area is still down overall for the decade so far. And the city of Cleveland saw its population shift at the same it enjoys strong increases in income tax revenues from young professionals and retired empty nesters replacing lower-income families.
Read MoreGreater Cleveland’s population edged upward Read More »
Mayor Justin Bibb and Port Control Director Bryant Francis unveiled plans and action steps this morning for a $1.6 billion first-phase, five-step program of improvements to Cleveland Hopkins International Airport in the next seven years, representing the start of more phases to come. The improvements come as Hopkins celebrates its 100th birthday.
Read MoreHopkins Airport remake about to take flight Read More »
Construction is well underway on the Rock and Roll Hall of Fame and Museum’s $150 million expansion at Downtown Cleveland’s North Coast Harbor. But after the new addition opens at the end of 2026, Rock Hall officials, in looking at their now-landlocked surroundings, are wondering where the museum might expand to in the future.
Read MoreRock Hall weighs options for expansion encore Read More »
