NEOtrans business, development, real estate, construction and market trend news about Cleveland on the international arena
Hundreds of regions competed for a large, prestigious grant from the U.S. National Science Foundation (NSF) to boost advanced manufacturing. But it was a 70-member coalition from Northeast Ohio that came out on top today.
Read MoreNE Ohio wins big, $160M advanced manufacturing grant Read More »
When a company expands in an already busy market, the inference is that the company expects the market to get even busier. Unfortunately, that may be the case with the commercial property market where foreclosures keep coming and more receivers are getting appointed by courts to hire real estate brokers.
Read MoreCommercial foreclosure business is booming Read More »
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.
Read MoreCleveland’s waterfronts: The New Year’s story Read More »
Eleven years ago, United ended its hub operation at Cleveland Hopkins International Airport, leaving the 1999-built Terminal D vacant and relinquishing some of the airport’s remaining gates to expansion by low-fare airlines.
Read MoreWhy Hopkins Airport may regain hub Read More »
Despite the snowy Thanksgiving holiday, Cleveland’s status as a climate refuge got a warm review thanks to new data from the National Oceanic and Atmospheric Administration (NOAA). In the last decade, only three U.S. cities’ climates warmed faster than Cleveland’s, according to the new data.
Read MoreCleveland among fastest warming cities in USA Read More »
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 »
