NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
Two memos dropped today from two branches of state government, both urging caution when considering the Haslam Sports Group’s (HSG) economic impact projections from its proposed enclosed stadium and supportive development in suburban Brook Park. But HSG shot back, calling the reports “questionable” and “inaccurate.”
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Greater Cleveland led the nation in home price appreciation in March, but the metro area’s median prices are still far below the national benchmark. In fact, according to a new report, the Cleveland market has the lowest median sales price among the 40 largest US markets. But that might not be the case for much longer.
Read MoreCleveland leads nation in home price growth Read More »
Greater Cleveland Regional Transit Authority (GCRTA) board members voted yesterday to hire a joint venture to rebuild Cleveland’s East 79th Street station on the Blue and Green light-rail lines. That follows last month’s board vote to hire another contractor to reconstruct the Warrensville-Van Aken Blue Line station in Shaker Heights.
Read MoreGCRTA gives green signal to rebuild two stations Read More »
A new women’s professional soccer league is due to launch in 2026 and Cleveland was named as one of its 15 founding markets throughout the USA. Launch of WPSL Pro, the newest professional league in the U.S. soccer organizational pyramid, was formally announced today.
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Only a decade old, the Lakewood-based King’s Church has acquired its first permanent home by purchasing the former headquarters of the Roundstone Insurance Co. after it relocated to Rocky River last fall. But that former HQ is going back to its originally intended purpose.
Read MoreLakewood church to become church again Read More »
Cleveland Soccer Group (CSG) has issued a formal Request for Proposals (RFP) to municipalities, civic leaders and community development partners to establish a new headquarters and training facilities for two professional soccer teams debuting in 2026 — a men’s team and Ohio’s first women’s professional soccer team that will be announced soon.
Read MoreNE Ohio Soccer HQ, training facility search begins Read More »
Two extra years on the stadium’s current lease could have offered at least a cushion. The lack of that plus a potential gubernatorial veto and a lack of legislative override votes may be the biggest threats to realizing a $3.6 billion sports-entertainment district planned in the Cleveland suburb of Brook Park.
Read MoreBrowns may not score enough votes for stadium win Read More »
Yesterday it was the owners of the Cleveland Browns, the Haslam Sports Group (HSG), accusing Cleveland city officials of “misguiding” its residents. Today it was Cleveland Mayor Justin Bibb firing a return volley in kind.
Read MoreCleveland Mayor calls Brook Park stadium ‘betrayal’ Read More »
Haslam Sports Group (HSG), owner of the Cleveland Browns, submitted an amended complaint in an existing federal lawsuit against the city of Cleveland which is seeking to keep the Browns from moving to suburban Brook Park. In announcing its filing today, HSG said the city is “misguiding” its residents.
Read MoreHaslams say Cleveland officials misguided residents Read More »
Barring a surprise, the last of the big hurdles appears ready to be surpassed for the Cleveland Browns football team’s move from downtown to Brook Park. Yes, there’s a million other things that can happen or not happen in the next year before financing might close and construction contractors are given the green light. But most of those hinge on events occurring now at committee hearings in our state’s capital.
Read MoreState lawmakers want Browns in Brook Park Read More »
