Greater Cleveland

NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area

Huntington Bank Field name to outlive Browns’ current stadium lease

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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.

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UH plans Wolstein conference center on Euclid Ave.

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In an e-mail sent to all employees today, University Hospital Health System CEO Cliff Megerian announced that the health care provider will seek to build a new 30,000-square-foot conference and education center in Cleveland’s University Circle. The facility will be built on an underutilized green space at 11100 Euclid Ave. in front of an existing parking garage.

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Shaker Square sees $4.5M in updates, more planned

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Two years ago this month, Cleveland Neighborhood Progress (CNP) and Burten, Bell, Carr, Inc. (BBC) acquired Cleveland’s historic but faded Shaker Square mixed-use district. Today, the new owners outlined what they considered to be significant work and investment in making capital improvements to the property and carrying out a retail strategy to restore vibrancy to the square.

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A strategic perspective of the Cleveland Browns Stadium

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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.

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Downtown Cleveland Inc. takes over management of Public Square

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Cleveland City Council has passed legislation transferring the management, marketing and programming for Public Square to Downtown Cleveland, Inc., effective upon Mayor Justin Bibb’s signature. This transition underscores Downtown Cleveland’s ongoing commitment to revitalizing the core and builds on the organization’s recent successes in securing significant funding for Public Square enhancements.

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County officials urge Haslams to keep Browns downtown

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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.”

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