NEOtrans business, development, real estate, construction and market trend news from Ohio
Despite the snowy Thanksgiving holiday, Cleveland’s status as a climate refuge got a warm review thanks to new data from the National Oceanic and Atmospheric Administration (NOAA). In the last decade, only three U.S. cities’ climates warmed faster than Cleveland’s, according to the new data.
Read MoreCleveland among fastest warming cities in USA Read More »
One deadline has passed. Another is about to. And a third is coming up. But by the end of the year, Cleveland Mayor Justin Bibb’s administration hopes to have a much more coherent vision of Downtown Cleveland lakefront development whose private-sector investment could exceed $1 billion — with a capital B.
Read MoreHaslam-Cleveland lakefront deal delayed Read More »
Cuyahoga County, once an industrial giant on a global scale, is trying to remake itself in America’s post-industrial economy. That remake is burdened by literally hundreds of properties awaiting environmental assessment and clean-up from more than a century of unregulated manufacturing.
Read MoreCuyahoga = Vinton; Every Ohio county gets $1M in Brownfield grants in 2026 Read More »
An Independence-based development firm yesterday closed on acquiring a large parcel of land in the eastern suburb of Highland Hills and plans to start construction early next year of up to 400,000 square feet of facilities to accommodate one or more manufacturing tenants.
Read MoreHighland Hills to gain large advanced manufacturing facilities Read More »
If it seemed like the Cleveland Browns and their owners the Haslam Sports Group (HSG) were a tad generous with their $100 million settlement with the City of Cleveland, now we know why.
Read MoreCleveland Browns may stay downtown two years longer than planned Read More »
Building a 67,000-seat stadium where none has existed before is proving to be a big expense for expanding road and transit systems to accommodate huge surges in traffic on a relatively small number of event days each year. And it is government funding that is being requested to cover that construction expense which has now risen to $122.15 million.
Read MoreBrook Park stadium public infrastructure costs rise to $122 million Read More »
Ohio Gov. Mike DeWine and the Ohio Department of Development’s BroadbandOhio office today announced a milestone in the state’s effort to provide affordable high-speed internet across the entire city of Cleveland and help address its digital divide.
Read MoreOhio funds more Cleveland Web access Read More »
The owners of the Cleveland Browns today announced they’ve assembled another team — the builders of what they’ve touted as Ohio’s first enclosed National Football League stadium. The construction team is due to start construction of the stadium following an early-2026 groundbreaking.
Read MoreHaslams announce Brook Park stadium builders Read More »
As Higley Construction, formerly known as The Albert M. Higley Co., celebrates its 100th year, the company today announced its transition to an Employee Stock Ownership Plan (ESOP) — officially becoming a 100 percent employee-owned company.
Read MoreHigley becomes 100% employee owned Read More »
Homelessness and homeownership are both rising in Ohio, pointing to a mixed bag of housing market indicators that need to be either slowed or supported by state housing policies and programs.
Read MoreHousing study: Ohio rents rise faster than incomes, homelessness jumps Read More »
