NEOtrans business, development, real estate, construction and market trend news from Ohio
There were 14 Cuyahoga County historic renovation projects that won a total of $16,267,141 in Ohio Historic Preservation Tax Credits today. Most of those projects would repurpose their 50-plus-year-old buildings for new uses so they can contribute to their communities for at least another 50 years. Some of the buildings are pretty well known.
Read MoreNE Ohio projects get historic wins from tax credits Read More »
The Haslam Sports Group, owners of the Cleveland Browns football team and stadium development company Primacy Development LLC, released findings today from a study saying the Haslam’s proposed stadium in suburban Brook Park would benefit all of Cuyahoga County, including Downtown Cleveland. But county officials say they want the Browns to continue playing downtown and aren’t buying the study’s findings.
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Without any visible activity in nearly two years, rumors circulated throughout Cleveland’s development community that the roughly $500 million Centennial redevelopment, 925 Euclid Ave. in Downtown Cleveland was dead. Similar rumors circulated about the fate of the Rockefeller Building, 614 W. Superior Ave., and renovations to Rhodes Tower, 2124 Chester Ave., one of the projects in Cleveland State University quieted development master plan.
Read MoreCentennial still alive, among Ohio Brownfield winners Read More »
One month ago, the Wisconsin Department of Transportation (WisDOT) won a $72.8 million federal grant to reroute freight train traffic south of the Menomonee River and away from Downtown Milwaukee. The project has many similarities to a local concept for rerouting most freight traffic south of Downtown Cleveland, away from the lakefront.
Read MoreLook to Milwaukee to rid lakefront of freight trains Read More »
The next phase of Bedrock’s Downtown Cleveland Riverfront development is proposed to feature a large, 17-story entertainment complex topped by a hotel. Dubbed Rock and Roll Land, it is the largest of seven Northeast Ohio projects and is seeking the largest award possible in the fourth and final authorized round of the Ohio Department of Development’s Transformation Mixed Use Development (TMUD) tax credits.
Read MoreDowntown Riverfront entertainment complex, Browns Berea site, others seek TMUDs Read More »
The Port of Cleveland today approved the issuance of more than $171 million in bonds and notes for four transformative projects, including the pivotal first new development in Bedrock’s Riverfront project along the Cuyahoga River and a major affordable housing renovation in downtown Cleveland, among other strategic initiatives.
Read MorePort OK’s $171M in financing for major projects Read More »
In a public record secured by NEOtrans, more details are coming to light about the owner of the Cleveland Browns, the Haslam Sports Group’s (HSG), proposed mixed-use development in suburban Berea. That includes specifications for the features in the new 500,000-square-foot development which will be built around a small, new sports stadium, dubbed a community field.
Read MoreBrowns’ Berea District 46 plans coming into focus Read More »
When the Haslam Sports Group, owners of the Cleveland Browns, yesterday announced their plans for a mixed-use development next to the football team’s suburban Berea headquarters, it was the result of a tentative deal with city officials and other project partners. A summary of that deal was since revealed by Berea Mayor Cyril Kleem in a social media post.
Read MoreFinancial details of Browns’ Berea development Read More »
The rumor mill of Cleveland sports is always turning. And lately it’s been turning out rumors that Cleveland has won the 16th franchise of the National Women’s Soccer League (NWSL). Others are dropping hints of this possibility while at the same time managing expectations.
Read MoreDowntown may shift from football to futbol Read More »
An obviously exasperated Cleveland Mayor Justin Bibb today claimed the owners of the Cleveland Browns football “abandoned” downtown for suburban Brook Park, in a move due to be announced by the team as early as tomorrow. But Cuyahoga County Executive Chris Ronayne said he wasn’t ready to concede defeat yet.
Read MoreBibb: Haslams, Browns ‘abandoned’ Cleveland Read More »
