NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
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 »
At least we now know what a Brook Park multi-purpose stadium would be called, if the owners of the Cleveland Browns football team decides to build it. While most terms of the naming rights deal were not disclosed by the Haslams Sports Group and their National Football League franchise, we do know that it will outlast the current stadium’s lease which ends after the 2028 football season.
Read MoreHuntington Bank Field name to outlive Browns’ current stadium lease Read More »
Two key public officials have, in recent days, suggested that Burke Lakefront Airport be closed down and replaced by a new Cleveland Browns Stadium and supportive developments, parking and public spaces. But if such an idea evolves into a serious project, it would also likely require making interim repairs to the existing stadium.
Read MoreOfficials want Burke Airport on the table for Browns Read More »
Developers looking to transform their Ohio communities can now apply for funding opportunities through the Ohio Department of Development’s Transformational Mixed-Use Development (TMUD) program that awards up to $100 million in tax credits per round.
Read MoreLast round of megaproject tax credits opens Read More »
The Cleveland Browns have long been a cornerstone of Greater Cleveland, symbolizing community pride and excitement, and contributing to the local economy and cultural identity. While the current debate around the Browns’ future stadium is heavily focused on facility location and financial issues, it is crucial to recognize the team’s non-economic benefits, such as fostering civic pride, quality of life, regional unity, and shared traditions that bring people together.
Read MoreA strategic perspective of the Cleveland Browns Stadium Read More »
At an emergency meeting held yesterday, Cuyahoga Land Bank’s board of directors appointed Ricardo León as interim president of the organization after the sudden passing of its longtime leader and founder Gus Frangos last weekend.
Read MoreCuyahoga Land Bank appoints León interim prez Read More »
One day after the Cuyahoga Land Bank won its largest score of Ohio Brownfield Program grants to repurpose blighted, long-fallow properties, land bank President and General Counsel Gus Frangos suddenly passed away.
Read MoreLand Bank President Frangos dies unexpectedly Read More »
Two Cuyahoga County leaders sent a letter today to Cleveland Browns owners Jimmy and Dee Haslam urging the football team to keep playing at the stadium on the Downtown Cleveland lakefront rather than build a new domed stadium in suburban Brook Park. County Executive Chris Ronayne and Cuyahoga County Council President Pernel Jones Jr. said the Haslams’ Brook Park plan “does not make fiscal sense.”
Read MoreCounty officials urge Haslams to keep Browns downtown Read More »
The Cuyahoga County Land Reutilization Corp., known simply as the Cuyahoga Land Bank, has secured multiple funding awards from the Ohio Department of Development’s Brownfield Remediation Program for demolishing more than 1,100 structures, mostly blighted single-family homes in Cleveland and East Cleveland. But there are also multiple funding awards for cleaning up polluted industrial sites so they can be redeveloped for new housing and jobs.
Read MoreCuyahoga County cleans up with brownfield bucks Read More »
