Greater Cleveland – Page 50

Ohio’s largest metros are carrying the state’s economy

3 Comments / Ken Prendergast / January 26, 2020

When it comes to describing Ohio’s economy, there’s the 3Cs and then there’s everyone else. With a few exceptions, if you want to find a job in Ohio, the best place to look is Ohio’s three largest metropolitan areas — Columbus, Cincinnati and Cleveland.

Consider that, since the start of 2015, Ohio has gained 227,000 jobs, according to the U.S. Bureau of Labor Statistics. The 3Cs accounted for 216,000 of those new jobs.

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Two new jobs that could change Cleveland’s landscape forever

Ken Prendergast / January 17, 2020

The creation of two jobs can change a region in a significant way. Cases in point are two medically related positions — one that was just filled and the other that was recently advertised.

Yesterday, Cleveland State University (CSU) hired a new employee that will probably be a game changer for Cleveland and Northeast Ohio. It could ultimately lead to thousands of new jobs. Yes, thousands.

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Ohio real estate megaproject tax credit may advance in February

1 Comment / Ken Prendergast / January 16, 2020

Legislation that would aid Ohio real estate megaprojects and create thousands of jobs could advance in the Ohio House of Representatives next month, according to a spokesman for State Rep. Paul Zeltwanger, chair of the House’s Workforce & Economic Development Committee.

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Cleveland ended the decade with a boom, and it’s showing

7 Comments / Ken Prendergast / December 23, 2019

When John Knopfler and his spouse moved into their Tremont house where a large family had just moved out, each did what many are doing in Cleveland these days. They’re participating in the city’s Fifth Migration, bringing with it socio-economic changes unlike any experienced from the previous four migrations in the past 223 years.

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City gets pushback on police HQ in Opportunity Corridor

3 Comments / Ken Prendergast / December 19, 2019

Like a traffic cop directing traffic at a downtown intersection, two interest groups have reportedly given Mayor Frank Jackson’s administration the stop hand and a whistle for going the wrong way with its proposed new Cleveland Police Department (CPD) headquarters (HQ).

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Transformational real estate development tax credit bill sees big changes

4 Comments / Ken Prendergast / December 11, 2019

A proposed Transformational Mixed-Use Development (TMUD) tax credit pending before the state legislature was substantially amended today during a hearing of the Ohio House of Representatives’ Workforce & Economic Development Committee.

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Son of Seeds & Sprouts – Part I

Ken Prendergast / December 10, 2019

These news tidbits are too small for Seeds & Sprouts but are nonetheless important. They include the last two weeks of items that appeared in public records such as building permits, planning commission filings, real estate listings and similar but brief references showing definitive movement in Cleveland-area real estate.

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Chiclets gum factory apartments, townhouses get new owner

1 Comment / Ken Prendergast / December 4, 2019

A California-based real estate investor has purchased the Chicle Apartments and Chicle Townhomes from a local firm that renovated the former Chiclets gum factory and built the townhomes on Cleveland’s west side nearly 15 years ago.

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Seeds & Sprouts IV – Early intel on real estate projects

Ken Prendergast / November 27, 2019

This is the fourth edition of Seeds & Sprouts – Early intelligence on Cleveland-area real estate projects. Because these projects are very early in their process of development or just a long-range plan, a lot can and probably will change their final shape, use and outcome.

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The Outlet Shoppes of Cleveland is back in stock again

11 Comments / Ken Prendergast / November 19, 2019

With the goal of opening its doors to customers in the spring of 2022, the Outlet Shoppes of Cleveland is the subject of local and national leasing activities now underway. The project, originally proposed several years ago, is back and is being pursued aggressively by its national developer.

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