Cleveland Suburbs

For the second time this month, there is news that a company is relocating office jobs from the suburbs to downtown Cleveland. Earlier this month, NEOtrans broke the news that digital marketer Fathom will relocate its headquarters and about 100 jobs from Valley View to the West Bank of the Flats.

CLEVELAND, February 6, 2020 The Sherwin-Williams Company (NYSE: SHW) today announces it is finalizing plans to build a new global headquarters in downtown Cleveland and a new R&D center in the Cleveland suburb of Brecksville. The plans follow an extensive competitive site selection processand are contingent upon completion of standard due diligence, approvals of incentives and other matters at the state, county and city levels, and resolution of business and legal matters that accompany such major real estate investment projects

Tomorrow Sherwin-Williams (SHW) will announce that its new, consolidated headquarters facility will be built on parking lots owned by the Jacobs and Weston groups west of Public Square, according to several sources.

Three sources confirm that a deal for Sherwin-Williams’ (SHW) favored site in Cleveland for a consolidated research and development (R&D) facility is dead. Now, the question is where will the facility staffed by about 1,000 scientists, engineers and researchers land?

UPDATE: Sherwin-Williams isn’t commenting on this story and, after it was published, an internal e-mail was sent to company managers and department heads advising them to not comment if any media asks about the company moving its headquarters/research and development activities to new facilities.
It appears the stakes couldn’t be higher for the City of Cleveland as global coatings giant Sherwin-Williams Co. (SHW) prepares to issue a request for proposals from development teams seeking to build a massive new headquarters and research facility.