NEOtrans business, development, real estate, construction and market trend news about Cleveland Suburbs
The Cleveland Browns aren’t the only one considering a move from Downtown Cleveland to suburban Brook Park. Now, it’s Greyhound/Barons intercity bus services that could move to the west-side suburb near Cleveland International Hopkins Airport.
Read MoreGreyhound/Barons station may move to Brookpark rapid Read More »
One day after NEOtrans broke the news that the Cleveland Browns’ home games would be moved from Downtown Cleveland to a proposed domed stadium in suburban Brook Park (and why), the football team’s owner Haslam Sports Group has made it official.
Read MoreHaslams reveal Brook Park domed stadium plans Read More »
In the coming weeks, the owners of the Cleveland Browns will reveal their plans to build a $3.6 billion domed stadium and associated development in the Cleveland suburb of Brook Park. According to public sector sources familiar with the plans, owners Jimmy and Dee Haslam have their capital funding identified for the stadium and a small first phase of development.
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Property acquisitions in the Cleveland suburb of Berea appear to be nearly wrapped up for a large, mixed-use development featuring an expanded headquarters for the Cleveland Browns and its ownership, the Haslam Sports Group. Only one or two homes need to be acquired to make way for a new headquarters office building, the professional football team’s practice facility, hotel, shops, restaurants and community recreation facilities, first reported by NEOtrans.
Read MoreBrowns continue to add land in Berea Read More »
NEOtrans’ scoop last week that the owners of the Cleveland Browns are reportedly buying a 176-acre parcel in suburban Brook Park led to a flurry of discussion about what that means since the sources didn’t say why. The most obvious speculation is that the land is for a new stadium venue for home games for the National Football League franchise. But that may be only partly true. Instead, one option is to apparently use it as part of a land trade for a stadium.
Read MoreHaslams keep options open for Brook Park site Read More »
The owners of the Cleveland Browns football team have reached a purchase agreement to acquire a large piece of land in the Cleveland suburb of Brook Park, leading to speculation that the Browns could leave the city of Cleveland for the second time in its 78-year history.
Read MoreBrowns owners buying 176 acres in Brook Park Read More »
Out of eight Northeast Ohio development projects that applied for Transformational Mixed Use Development (TMUD) tax credits from the state, only two of them received the awards, the Ohio Department of Development announced today. This was the third year of the four-year TMUD program with $100 million available in TMUD tax credits each year.
Read MoreNE Ohio wins two transformational tax credits Read More »
High construction and financing costs along with a longer move-in timeline doomed an intriguing new Downtown Cleveland headquarters building for a growing tech firm relocating from Mayfield Heights. Those construction market headwinds along with the rise in remote working led to Park Place Technologies finding an existing office campus next to Interstate 271 in Highland Heights near its current offices that fit its needs like a glove.
Read MoreThe downtown tower that almost was Read More »
While it’s only 10 miles from the northern terminus of the Cuyahoga Valley Scenic Railroad (CVSR) in suburban Independence to Downtown Cleveland, it will take years to get there in the best of circumstances. But that first step in the long journey was taken today when a metropolitan transportation planning organization voted to hire a consultant to conduct a feasibility study of the potential route extension.
Read MoreCuyahoga Valley Scenic RR to downtown Cleveland to be studied Read More »
A Cornwall, UK-based company called Blue Abyss Diving Ltd., has acquired land in the Cleveland suburb of Brook Park for a $250 million commercial astronaut training facility and hotel, according to public records and a press release from the company. According to an economic impact study commissioned from Kent State University, the British company’s investment here after 30 years could create or support up to 21,800 jobs, add $1.5 billion to residents’ incomes and increase total economic output by $3.6 billion.
Read MoreBlue Abyss lands next to NASA Glenn Read More »
