NEOtrans business, development, real estate, construction and market trend news from Ohio
Think of the benefits Clevelanders could see by morphing GCRTAs low-ridership light-rail Waterfront Line from dead-ending in a windswept, out-of-the-way parking lot into a fully functional and convenient Downtown Loop that serves more of downtown Cleveland most important destinations.
Read MoreAll Aboard Ohio asks Cleveland RTA for Waterfront Line Phase II study Read More »
After this Thanksgiving holiday week, state lawmakers say there’s a pretty good chance that the Ohio General Assembly will finally pass the long-sought Transformational Mixed Use Development (TMUD) tax credit. And there’s potentially dozens of so-called megaprojects that the TMUD credit could activate or take already active projects and push them across the finish line.
Read More30 Cleveland-area megaprojects that may benefit from a TMUD tax credit Read More »
According to three sources who agreed to speak off the record, Flats West Bank property owner Jeff Jacobs may sell 5.6 acres of prime riverfront land near downtown Cleveland to a Columbus-based real estate developer or a partner thereof.
CASTO, which focuses on urban developments from Ohio to Florida, has expressed interest in acquiring or otherwise developing the land with a significant, multi-building, mixed-use development on the site. The land currently is used as a vast surface parking lot north of Jacobs’ Nautica Entertainment Complex that includes the Powerhouse at Nautica.
Read MoreColumbus developer has big plans for Flats West Bank Read More »
For those who like the idea of being able to take one train without transfers from Shaker Heights to the airport or possibly from University Circle to the Van Aken District, then a new challenge-turned-opportunity may be of interest.
Read MoreGCRTA may unify its rail system with single rail car fleet Read More »
If the rail and transit advocacy group All Aboard Ohio had designed proposed initiatives to help jump-start passenger rail development in the nations seventh-most populous state, they would likely look similar to the ones Amtrak is considering now, according to their press release.
Read MoreAmtrak considers new resources for new train services, including Ohio Read More »
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.
Read MoreOhio’s largest metros are carrying the state’s economy Read More »
No one in Cleveland or Akron or Ashtabula complains to or congratulates Connecticut Governor Dannel Malloy. No one in Warren, Medina or Sandusky cares if U.S. Senator Chris Murphy should be re-elected in 2018. There is no sharing of state offices between Cleveland and Hartford and thus, only one direct flight between Cleveland Hopkins and Hartford Bradley. And we sure don’t call ourselves the Nutmeg State, or even the exclave of same.
Read MoreCould the Western Reserve return to Connecticut, please? Read More »
