NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
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.
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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.
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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.
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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.
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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.
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When the Ohio Tax Credit Authority on Monday approved financial assistance to Canon Healthcare USA Inc. for its new headquarters in Cleveland, state officials revealed that Ohio wasn’t the only state that was focused on the Japanese-based imaging company. NEOtrans also learned details of Canon’s property lease with the Cleveland Clinic Foundation which helped secure the new HQ.
Read MoreCleveland competed for Canon — and won Read More »
A team of contractors, architects and structural engineers is about to start visible efforts of what is more than just a job, but a vocation. That calling is to restore the 114-year-old St. Theodosius Cathedral in Cleveland’s Tremont neighborhood to its former glory, from the ashes of a devastating fire that occurred on May 28, 2024.
Read MoreSt. Theodosius Cathedral restoration plan set Read More »
Canon Healthcare USA, Inc., a subsidiary of Canon Inc., today announced its acquisition of an established building for its headquarters, adjacent to Cleveland Clinic’s main campus in Cleveland’s University Circle district. This purchase has been in the works for some time and NEOtrans had reported recent progress toward the deal earlier this month.
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