NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
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 »
Greater Cleveland’s office market in the first quarter of this year saw its second-lowest amount of leasing activity, as measured in square feet, in the last 16 years since the Great Recession. Only the fourth quarter of 2021, following the pandemic and the rise of remote working, saw less leasing activity locally since 2009.
Read MoreOffice leasing cools in first quarter of 2025 Read More »
Cuyahoga County Executive Chris Ronayne has submitted a request for $350 million in state bonds to fund the renovation of the existing, city-owned Huntington Bank Field on Downtown Cleveland’s lakefront. He says it is a fair, affordable request that’s on par with what Cincinnati is seeking to rebuild its own existing football stadium.
Read MoreRonayne seeks $350M to renovate lakefront stadium Read More »
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.
Read MoreCleveland is founding city in new pro soccer league Read More »
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 »
