NEOtrans business, development, real estate, construction and market trend news from the Greater Cleveland area
The Albert M. Higley Co., a Cleveland-based provider of construction contracting services since 1925, announced today it has merged operations with T. Allen Incorporated of Berea. The parties said that they consider this to be a strategic union which marks a pivotal moment, consolidating two esteemed companies into a formidable force within the carpentry industry.
Read MoreCleveland, Berea construction firms unite Read More »
Turns out the sale of a large Cleveland lakefront property could be good news for a more livable shoreline, after all. The 62-acre former Lake Shore Power Station site just east of Downtown Cleveland, along with the 167-acre Eastlake power plant property and another in Oregon, OH near Toledo were sold last month by Energy Harbor Generation LLC of Akron to a firm that specializes in cleaning up and redeveloping former coal-fired power plant sites.
Read MoreOne of Cleveland’s largest lakefront sites is now in play Read More »
It seemed too good to be true, and alas, it was. Title to a large, mostly vacant property for the former Lake Shore Power Station, 6800 S. Marginal Rd., in Cleveland, is being transferred to a new owner. The 62-acre site is across Interstate 90 from the bulk of Cleveland Metroparks’ lakefront improvements. But it’s not the Metroparks, the city or even a developer seeking to add recreation, housing or a mix thereof next to Lake Erie.
Read MoreCleveland Lake Shore Power Plant land gets new owner Read More »
Feedspot, an international news aggregator, ranked NEOtrans in the top 10 of Ohio real estate news blogs. Feedspot compiles news feeds from online sources so users from all over the world can customize and share them with other social network users.
Read MoreAmong Ohio real estate blogs, NEOtrans in top 10 Read More »
In a statement issued today by Great Lakes Brewing Company (GLBC), their chief executive officer confirmed NEOtrans’ report from last week that it is considering relocating its production facilities from Cleveland’s Ohio City neighborhood and packaging facility in Strongsville to a site in Avon. The press statement also confirmed it hasn’t ruled out continuing with its plans to relocate them to Scranton Peninsula in Cleveland’s Flats. And it will retain its Ohio City brewpub and gift shop. More than 200 jobs are involved among all of GLBC’s facilities.
Read MoreGreat Lakes Brewing confirms relocation options Read More »
For many Greater Clevelanders, they had a merry Christmas thanks to one of the tightest job markets locally in more than two decades. According to preliminary data released late last week by the U.S. Bureau of Labor Statistics (BLS), the unemployment rate for the Cleveland-Elyria-Mentor metropolitan area was the lowest it has been since December 2000.
Read MoreLowest unemployment rate in 23 years Read More »
Merry Christmas and happy holidays to you and yours from NEOtrans.
Read MoreHappy holidays to you! Read More »
A Cleveland icon may not be in Cleveland much longer. Executives and owners of Great Lakes Brewing Company (GLBC) are debating a significant relocation of most of its operations out to west-suburban Avon in Lorain County. The 200-employee company has been headquartered and its beer products brewed in Cleveland’s Ohio City neighborhood since its founding 35 years ago. But Avon’s mayor said an announcement may be made about the potential new site “in the coming months.”
Read MoreGreat Lakes Brewing move to Avon on tap? Read More »
An historic building in Downtown Cleveland that housed Record Rendezvous, where the term “rock and roll” was reportedly first used to describe the genre, was awarded tax credits to aid in its restoration. It was among dozens of historic buildings across the state that were awarded credits today by the Ohio Department of Development.
Read MoreRecord Rendezvous building among historic renovation awards Read More »
Fifteen years ago, when the Great Recession could let someone go bowling down East 9th Street without hitting anyone, three major construction projects were about to get started and provide the city of Cleveland with much-needed economic stimulus. Back then, construction of the new Huntington Convention Center, the Flats East Bank redevelopment, and the new Inner Belt highway bridges represented a total public works investment of nearly $1.5 billion.
Read MoreThree big county projects about to advance Read More »
