NEOtrans business, development, real estate, construction and market trend news from Ohio
Both of Ohio’s U.S. senators and 11 of its 15 Congressional representatives urged in a joint letter yesterday to Vice President J.D. Vance and NASA Director Jared Isaacman to relocate the space agency’s 2,500-employee headquarters to Ohio, specifically to Cleveland, after its Washington DC HQ lease expires in 2028.
Read MoreGOP Congressmen urge moving NASA’s HQ and its 2,500 employees to Cleveland Read More »
As part of an ongoing effort to expand the company’s presence across the U.S, Baker Construction of Monroe in Southwest Ohio announced this week that it will be purchasing the equipment assets from Cleveland Cement Contractors, a Brooklyn Heights-based full-service concrete contractor.
Read MoreBaker Construction buys Cleveland Cement assets Read More »
Cleveland State University is seeking to redevelop the Wolstein Center arena site in Downtown Cleveland and today issued a request for developers to submit their qualifications to do the job. But the request for qualifications leaves it to developers to decide whether the 34-year-old arena, 2000 Prospect Ave., should stay or go.
Read MoreCSU seeks to redevelop Wolstein Center site Read More »
Starting this summer, GOGO Charters will begin offering regularly scheduled, daily bus services from Cleveland as part of a 15-city Midwest expansion. The new service promises fares as low as $10 for those who book early, similar to Megabus which operated popular routes to Cleveland prior to the pandemic.
Read MoreCharter bus operator to offer Midwest routes Read More »
Cleveland Soccer Group (CSG) today announced plans to build a stadium to host men’s and women’s professional soccer games in Cleveland in 2026, with the proposed development of a new 10,000-seat South Gateway Stadium in Downtown Cleveland. This is intended to coincide with a new announcement in the coming weeks regarding Cleveland securing a new women’s pro soccer team.
Read MoreCleveland soccer stadium to move forward Read More »
The Greater Cleveland Regional Transit Authority (GCRTA) has exercised an option to order an additional 18 new Light Rail Vehicles (LRVs) from Siemens Mobility to replace their aging fleet of trains, according to GCRTA and Siemens today. This adds to previous orders, allowing GCRTA to, at minimum, provide a base-level of service on all three of its rail transit lines by 2028.
Read MoreGCRTA orders trains for Shaker-Waterfront lines Read More »
Efforts by city officials to repopulate Cleveland neighborhoods don’t always go smoothly when residents and community officials have gotten used to not having people, density and activity around for decades. But a mixed-use project intended to restore some of that urbanity got approved today by the Landmarks Commission in a contentious meeting.
Read MoreWatterson-Lake Apartments design approved Read More »
City officials in Cleveland Heights today announced they have entered into a purchase agreement with National Church Residences (NCR), a Columbus-based non-profit senior housing developer, to acquire two city-owned properties for a planned $22 million, 71-unit, senior affordable-rate apartment building.
Read MoreSenior affordable housing deal OK’d in Cleveland Hts Read More »
When the Ohio Tax Credit Authority on Monday approved financial assistance to Canon Healthcare USA Inc. for its new headquarters in Cleveland, state officials revealed that Ohio wasn’t the only state that was focused on the Japanese-based imaging company. NEOtrans also learned details of Canon’s property lease with the Cleveland Clinic Foundation which helped secure the new HQ.
Read MoreCleveland competed for Canon — and won Read More »
Canon Healthcare USA, Inc., a subsidiary of Canon Inc., today announced its acquisition of an established building for its headquarters, adjacent to Cleveland Clinic’s main campus in Cleveland’s University Circle district. This purchase has been in the works for some time and NEOtrans had reported recent progress toward the deal earlier this month.
Read MoreCanon Healthcare buys Cleveland building for HQ Read More »
