NEOtrans business, development, real estate, construction and market trend news about Cleveland on the international arena
For many Greater Clevelanders, they had a merry Christmas thanks to one of the tightest job markets locally in more than two decades. According to preliminary data released late last week by the U.S. Bureau of Labor Statistics (BLS), the unemployment rate for the Cleveland-Elyria-Mentor metropolitan area was the lowest it has been since December 2000.
Read MoreLowest unemployment rate in 23 years Read More »
Merry Christmas and happy holidays to you and yours from NEOtrans.
Read MoreHappy holidays to you! Read More »
Joined by Cleveland airport officials, Frontier Airlines today announced that it will be starting nonstop flights to Montego Bay, Jamaica in March with an introductory low fare. The new, direct flight is the first new international flight from Cleveland Hopkins International Airport resulting from its new crew base there. But it may not be the last.
Read MoreMore international flights arriving Cleveland Read More »
When a Dublin, Ireland-based maker of artificial intelligence software for commercial satellites looked for a home in the nation with the world’s largest space program, it didn’t choose to be near any of the NASA complexes south of the Mason-Dixon Line. Instead, it picked the only NASA center north of it to be its neighbor.
Read MoreUbotica puts US HQ in Greater Cleveland Read More »
Greater Cleveland real estate executive Ezra Stark is grounded in Israel by the outbreak of war over the weekend, Stark confirmed to NEOtrans through a company spokesperson. He was scheduled to fly out Sunday but most airlines including all U.S.-based carriers have temporarily suspended flights to and from the Middle Eastern nation due to its worsening security situation following a surprise, massive attack Oct. 7 by the terrorist group Hamas.
Read MoreStark grounded as war erupts in Israel Read More »
A British company, Blue Abyss Diving Ltd., is pursuing the development of a new research center devoted to deep sea and space research in the Cleveland suburb of Brook Park on land next to NASA Glenn Research Center. The project, with a total estimated price tag of $250 million, could be one of the most significant business investments resulting from the presence of the NASA facility. It could also be nearly identical to a major research center Blue Abyss is building in the United Kingdom county of Cornwall.
Read MoreBlue Abyss may build $250m research center here Read More »
Founded in Ukraine nearly two decades ago, Dion Art has been expanding thanks to stunning, innovative public art projects and a stabilizing, growing nation. When that growth slowed to a trickle a year ago when Russia began its all-out invasion of Ukraine, its founder and his friend made a choice — move Dion Art to Cleveland.
Read MoreFrom Kyiv to Cleveland, art firm HQ moves Read More »
In a stunning surprise, the Cleveland Clinic Foundation is reportedly planning to more than double the size of its proposed new Neurological Institute and bring more than 1,000 new jobs to the global health care system’s main campus near University Circle.
Read MoreCleveland Clinic to massively expand its facilities Read More »
Growing enrollment at Cleveland State University may soon cause visible changes to downtown Cleveland’s landscape. According to two sources close to the university, CSU is in negotiations to acquire two large apartment properties that would allow it to more than double its inventory of on-campus student housing.
Read MoreCSU looks to double its on-campus housing Read More »
Sherwin-Williams new headquarters will join the family of downtown Cleveland skyscrapers after construction starts early this winter. It will be the fourth-tallest tower in Cleveland’s skyline once construction is completed in 2024
Read MoreSherwin-Williams HQ plans offer busy 2 weeks of review, debate Read More »
