NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
An obviously exasperated Cleveland Mayor Justin Bibb today claimed the owners of the Cleveland Browns football “abandoned” downtown for suburban Brook Park, in a move due to be announced by the team as early as tomorrow. But Cuyahoga County Executive Chris Ronayne said he wasn’t ready to concede defeat yet.
Read MoreBibb: Haslams, Browns ‘abandoned’ Cleveland Read More »
To finally repurpose the site of the former Lakewood Hospital that was closed in 2016, plans for a proposed major development have one more hurdle at the city of Lakewood to clear before crossing the finish line. That last hurdle, City Council, will take up those plans next month. If they’re approved by the end of this year, construction could start by Spring 2025 on the $100-plus million development.
Read MoreDowntown Lakewood project nears final approval Read More »
The Port of Cleveland board on Friday approved issuing up to $15 million in taxable bonds for financing of the $25.6 million Taylor Tudor Plaza Project, part of the first phase of a larger $150 million mixed use neighborhood revitalization of the Taylor Road neighborhood in Cleveland Heights.
Read MoreTaylor Tudors in Cleveland Hts. get financed Read More »
It seems that the clock has run out on city of Cleveland and Cuyahoga County leaders on keeping the stadium downtown for the Cleveland Browns football team’s home games. NEOtrans has learned that the Browns’ owners, the Haslam Sports Group, are due to make an announcement soon, possibly by the end of this month, that they will put all their efforts into building a new covered stadium in suburban Brook Park.
Read MoreClock expires on keeping Browns downtown Read More »
The rumor mill is always churning around Sherwin-Williams’ plans for handling its growing number of employees at its soon-to-open new headquarters in Downtown Cleveland, its new research center in suburban Brecksville and at its other other facilities. But that rumor mill has quieted down in recent months, until now.
Read MoreSherwin-Williams execs to wait and see on HQ2 Read More »
Two large Downtown Cleveland employers may be reversing course regarding their future office locations. One was bound and determined to leave for the suburbs but now its plans are up in the air. And despite the grist coming from the real estate rumor mill, the other employer says it’s not going anywhere — yet.
Read MoreDowntown employers reconsider suburban moves Read More »
Ricardo León gained something by losing something. He lost the prefix “Interim” prior to his title of “President” of the Cuyahoga Land Bank, a private, nonprofit government entity whose mission it is to acquire properties, return them to productive use, reduce blight and increase property values in Cuyahoga County.
Read MoreLeón to lead Cuyahoga Land Bank Read More »
Two reports laying out the steps for potentially closing Burke Lakefront Airport in Downtown Cleveland were released today by Cleveland Mayor Justin Bibb’s Administration. While Bibb said the reports show there are more benefits to closing Burke than costs, he and other city officials caution that no decision has been made to close the airport, so no steps have been started in that direction yet.
Read MoreBurke Airport closure studies released by city Read More »
The Cleveland-Cuyahoga County Port Authority’s board of directors today approved $170 million in bond financing to fuel a series of high-impact projects, including a large redevelopment of land that contained a former Veterans Administration facility, a major manufacturing expansion, and refinancing bonds for a nonprofit school that will free up more resources for more renovations.
Read MorePort OKs $170M financing for major projects Read More »
NEOtrans has learned that one of Ohio’s oldest craft brewers is not only seeking to remain in Cleveland but is dusting off old plans to move its production facilities to Scranton Peninsula in Cleveland’s Flats. Sources familiar with the Great Lakes Brewing Company’s (GLBC) plans said that if public funding can be found to clean and prepare the vacated industrial site for redevelopment, it will likely relocate there.
Read MoreGreat Lakes Brewing revisits Scranton Peninsula move Read More »
