NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
Two transformative projects — a nearly $50 million West Side Market overhaul and a $44 million Superior Arts District mixed-use project — received significant financial support today from the Port of Cleveland following their approval by the board of directors.
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Both of Ohio’s U.S. senators and 11 of its 15 Congressional representatives urged in a joint letter yesterday to Vice President J.D. Vance and NASA Director Jared Isaacman to relocate the space agency’s 2,500-employee headquarters to Ohio, specifically to Cleveland, after its Washington DC HQ lease expires in 2028.
Read MoreGOP Congressmen urge moving NASA’s HQ and its 2,500 employees to Cleveland Read More »
As part of an ongoing effort to expand the company’s presence across the U.S, Baker Construction of Monroe in Southwest Ohio announced this week that it will be purchasing the equipment assets from Cleveland Cement Contractors, a Brooklyn Heights-based full-service concrete contractor.
Read MoreBaker Construction buys Cleveland Cement assets Read More »
Cleveland State University is seeking to redevelop the Wolstein Center arena site in Downtown Cleveland and today issued a request for developers to submit their qualifications to do the job. But the request for qualifications leaves it to developers to decide whether the 34-year-old arena, 2000 Prospect Ave., should stay or go.
Read MoreCSU seeks to redevelop Wolstein Center site Read More »
A public record filed this week provided the first indication that the space which housed the Tick Tock Tavern in Cleveland’s Edgewater neighborhood has a new lease on life. The owner of Downtown Cleveland’s Sausalito on Ninth was notified by the city that his plan to start renovating the recently closed, eight-decade-old tavern was approved.
Read MoreTick Tock Tavern leased by Sausalito On 9th owner Read More »
Starting this summer, GOGO Charters will begin offering regularly scheduled, daily bus services from Cleveland as part of a 15-city Midwest expansion. The new service promises fares as low as $10 for those who book early, similar to Megabus which operated popular routes to Cleveland prior to the pandemic.
Read MoreCharter bus operator to offer Midwest routes Read More »
Cleveland Soccer Group (CSG) today announced plans to build a stadium to host men’s and women’s professional soccer games in Cleveland in 2026, with the proposed development of a new 10,000-seat South Gateway Stadium in Downtown Cleveland. This is intended to coincide with a new announcement in the coming weeks regarding Cleveland securing a new women’s pro soccer team.
Read MoreCleveland soccer stadium to move forward Read More »
The Greater Cleveland Regional Transit Authority (GCRTA) has exercised an option to order an additional 18 new Light Rail Vehicles (LRVs) from Siemens Mobility to replace their aging fleet of trains, according to GCRTA and Siemens today. This adds to previous orders, allowing GCRTA to, at minimum, provide a base-level of service on all three of its rail transit lines by 2028.
Read MoreGCRTA orders trains for Shaker-Waterfront lines Read More »
The site of the former Hilliard Square Theater that closed in 1988 and was demolished in 2017 could become an affordable senior housing development if its developers win highly competitive Low-Income Housing Tax Credits (LIHTC) and a loan from the state.
Read MoreLakewood senior housing planned at ex-theater site Read More »
With Sherwin-Williams due to move into its new headquarters tower in Downtown Cleveland later this year, there may be fewer managers making that move. That’s according to two company sources who told NEOtrans on the condition of anonymity that Sherwin-Williams is downsizing its headquarters staff, primarily through early retirements and/or voluntary layoffs.
Read MoreStaff reductions to hit Sherwin-Williams HQ Read More »
